Citrine Global Corp. operates as a plant-based wellness and pharma solutions company.
The company's business activity is primarily composed of developing wellness and pharma solutions, focused on science backed plant-based products to improve quality of life and complementary solutions for balancing side effects caused by using medicines, treatments, or an unbalanced lifestyle.
The company has built an end-to-end strategy to bring to market on a global scale innovative plant-based wellness and...
Citrine Global Corp. operates as a plant-based wellness and pharma solutions company.
The company's business activity is primarily composed of developing wellness and pharma solutions, focused on science backed plant-based products to improve quality of life and complementary solutions for balancing side effects caused by using medicines, treatments, or an unbalanced lifestyle.
The company has built an end-to-end strategy to bring to market on a global scale innovative plant-based wellness and pharma solutions covering the whole spectrum from innovation, research and development, product development, infrastructure for production and manufacturing, distribution, marketing, and sales.
Leveraging technology and research, the company focuses on developing a products portfolio based on rigorous scientific research ranging from synergistic botanicals, herbal extract, tinctures, medicinal mushrooms together with plant extracts, vitamins, minerals, botanical formulations from seeds, roots, bark, fruits, and a wide variety of plants that contain substances with health-supportive effects.
The company has more than 100 plant-based formulations and product lines under the brands GreenFeels and Green Side by Side targeting the nutritional supplements market that is expected to reach $625 billion by 2030.
The product lines categories include personal protection and health supportive product line; balance and calm product line; digestion, weight management product line; men product line; women product line; sports and energy product line; oral cavity care product line; vitamins and minerals product line; and medicinal mushrooms product line.
The company started beta-testing several products in the Israeli market with plans for an international network focusing on the U.S. market through local teams, distributors, online, and physical shops; and collaboration with partners worldwide.
The company's presence in Israel combined with its contacts with leading universities, researchers, companies, shareholders and governmental support, allows the company to access the latest technologies, talent, and innovation to bring innovative solutions to the global market.
The company has strategic alliance and manufacturing agreements with iBOT Israel Botanicals, an affiliated and nutritional supplements' company, and Good Manufacturing Practice (GMP) certified manufacturing facility approved by the Israeli Ministry of Health. As part of its activity with iBOT, the company is developing and manufacturing its nutritional supplements product lines, including the GreenFeels and Green Side by Side product lines.
The company developed Oral Cavity Care products lines the SmokLy and DryLess series of sprays that target to balance the dry mouth side effect that may result from using medicines, cannabis, smoking, treatments, and unhealthy lifestyle, and is also targeting adult population that tends to experience constant dry mouth.
The products contain plant extracts distilled from seeds, roots, bark, fruits with active anti-inflammatory substances that encourage saliva production and taste in the oral cavity.
Oral Cavity Care Product Lines
The company's Oral Cavity Care Product Lines include:
SmokLy line of sprays targeting the market of cannabis users and tobacco smokers.
DryLess line of sprays targeting adult population experiencing constant dry mouth and certain cancer treatment patients that experience constant dry mouth as part of their cancer treatment regimen.
The SmokLy and DryLess lines of sprays were launched in the Israeli market and are manufactured in a GMP certified facility approved by the Israeli Ministry of Health.
Following thorough investigation of cannabis' side effects, the company filed a provisional patent application titled 'PHARMACEUTICAL COMPOSITIONS AND METHODS FOR THE TREATMENT OF SIDE-EFFECTS ASSOCIATED WITH THE USE OF CANNABIS, CANNABINOIDS AND RELATED PRODUCTS', patent No: 63/257,673 in the U.S. Patent & Trademark Office. In October 2022, the company filed an extension to the provisional patent application No: 63/257,673 in the U.S. Patent & Trademark Office by filing a provisional patent application patent No: 63/418,046 for 'COMPOSITIONS AND METHODS FOR TREATING, AMELIORATING, ALLEVIATING, MITIGATING OR BALANCING SIDE-EFFECTS ASSOCIATED WITH THE USE OF MEDICINES, TREATMENTS, AGING, CANNABIS, AND UNBALANCED OR UNHEALTHY LIFESTYLE'. The patent application describes common side effects associated with the use of medicines, treatments, aging, cannabis and cannabinoids, and unbalanced or unhealthy life style, such as headaches, dizziness, drowsiness, fatigue, nausea, vomiting, lack of concentration, impaired appetite, and more.
In July 2022, the company filed a provisional patent application for 'COMPOSITIONS AND METHODS FOR TREATING, AMELIORATING, ALLEVIATING, MITIGATING OR BALANCING SIDE-EFFECTS IN THE ORAL CAVITY ASSOCIATED WITH THE USE OF MEDICINES, TREATMENTS, AGING OR UNBALANCED/UNHEALTHY LIFESTYLE', patent No: 63/388,361 in the U.S. Patent & Trademark Office. The patent application relates to compositions and methods for answering the need for treatment, amelioration, alleviation, mitigation, or balance of side effects in the Oral Cavity related to medications, treatments, using cannabis 24, smoking, adult population experiencing constant dry mouth and unhealthy lifestyle.
Plant-Based Product Lines
The company has developed its strategy to add value to its product lines and position the company with a competitive edge in the Wellness and the Nutritional Supplements market.
Leveraging technology and research, the company is developing plant-based solutions targeting to improve quality of life and complementary products to balance selected side effects caused by medicines, cannabis, treatments, or an unbalanced lifestyle.
The GreenFeels and Green Side by Side Product Lines
The company has more than 100 formulations and products under the brand names of GreenFeels and Green Side by Side product lines that include wellness plant-based products and nutritional supplements for improving quality of life and complementary products for balancing selected side effects caused by medicines, cannabis, treatments, or an unbalanced lifestyle. The company positions its product lines to capture market share in the nutritional supplements market that is expected to reach $625 billion by 2030.
The products arrive in multiple form factors, such as sprays, powders, tablets, capsules, and tinctures.
The company used innovative technologies and experience to create the products combining a variety of well researched plants, including herbal extracts, medicinal mushrooms, vitamins, minerals and variety of researched plants known for their healing qualities that contain substances with different anti-inflammatory properties and a variety of health-supportive effects that are relaxing, sleep enhancing, energizing, mood and body balancing, enhancing oral care and alleviating side effects.
The company started its beta testing and initial launch of Green Side by Side in the Israeli market with a local company, an Israeli medical cannabis company, focusing on the SmokLy series, a line of sprays for the oral cavity to support people with oral cavity dryness (xerostomia), a common side effect experienced by many cannabis users. The products are available in several pharmacies and medical cannabis pharmacies as complementary products to medical cannabis users.
Following the initial trial period, the company developed an additional brand under the name GreenFeels and it plans to expand its distribution efforts with retail, pharmacy chains and natural products' distributors in Israel. It also plans to distribute the product lines in the United States and worldwide with local partners consistent with local regulations.
The company's nutritional supplements products are manufactured in Israel in iBOT Israel Botanicals Ltd under a GMP-certified manufacturing facility approved by the Israeli Ministry of Health.
The GreenFeels and Green Side by Side product lines that include the following categories:
The Oral Cavity Care Family Line
The Oral Cavity Care Product Family Line targets to balance oral cavity dryness side effect. The Oral Cavity Care Family Line includes the SmokLy and DryLess series of sprays for the oral cavity targeting to balance the dry mouth side effect (xerostomia) that may result from using medicines, cannabis, smoking or treatments.
The Medicinal Mushrooms Family Line
The Medicinal Mushrooms Family Line includes synergistic combinations of research-based medicinal mushrooms and herbs composed in an herbalist method and made of purely natural ingredients.
The products contain dry form, concentrated powders and extracts of mushrooms and herbals researched and found to benefit headaches, changes in blood pressure, anxiety, fatigue, and sleep disorders. The company is harnessing the power of medicinal mushrooms for restoring nutritional balance and strengthening the immune system and other body systems.
The Booster (Energy and Sports) Family Line
The Booster Family Line contains unique research-based ingredients and herbal extracts with a high concentration of antioxidants composed in an herbalist method. The Booster Family Line products create a synergistic combination of researched plants and natural ingredients that have been shown to have health supportive anti-inflammatory properties, which strengthen the immune system and contribute to an improved overall feeling. The Booster Family Line includes herbal syrups that are suitable for morning drinking preventively and target to support daily overload as energy and booster products. The Product Line for Sports & Energy contains research-based herbal formulas including powders and extracts of researched plants that have been demonstrated to have effects of enhancing exercise and athletic performance and include ingredients that improve strength or endurance, increase exercise efficiency, achieve a performance goal more quickly, and increase tolerance for more intense training. These products can be used to prepare the body for exercise, reduce the chance of injury during training, and enhance recovery from exercise. The products come in a variety of forms, including tablets, capsules, liquids, powders, and bars.
The Balance and Calm Family Line
The Balance & Calm Family Line contains research-based herbal formulas composed in an herbalist method including powders and extracts of researched plants that have been demonstrated to have health supporting effects of calming the digestive system, reducing anxiety and fatigue, and improving sleep quality.
The Balance & Calm Family Line serves as support for the digestive system, balancing and strengthening the body, calming and improving sleep quality. Modern lifestyles that include many tasks and heavy stress, with a non-optimal diet, can lead to fatigue, restlessness, pain, and a particularly sensitive digestive system. All of these can also be side effects of taking various medications and having an unbalanced lifestyle. Continuous stress releases toxic substances in the body, which over time can cause significant health problems. Studies showed that reducing stress improves sleep quality through affecting the nervous system. The Balance & Calm Family Line targets to restore and maintain emotional and body balance and calm the digestive and other systems of the body.
The Personal Protection and Health Supportive Family Line
The Personal Protection & Health Supportive Family Line contains research-based balanced combinations of plants, vitamins and minerals composed in an herbalist method, which together form a shell that supports the proper functioning of many body systems, giving an incentive to the immune system and preventing contagion with viruses and bacteria.
The Digestion and Weight Management Family Line
The Product Line for Digestions & Weight Management contains research-based herbal formulas including powders and extracts of researched plants that have been demonstrated to have effects on the digestive system, metabolism and appetite and include ingredients that improve weight management and include ingredients with thermogenic, lipotropic, satiety, and other metabolic effects demonstrating improved markers of metabolic health, such as glucose, lipids, and blood pressure. These products can be used to support various digestive system health conditions and limited calory diet intake without suffering from nutritional deficiencies, successful weight management, which includes not only weight loss but also weight loss maintenance (i.e., limiting weight regain), control of appetite, and more.
The Men Family Line
The Product Line for Men contains research-based herbal formulas, including powders and extracts of researched plants that have been demonstrated to have health supporting effects on Men's Health issues in different areas, such as men's sexual potency & fertility, prostate gland issues, fitness, weight loss, and more. The Product Line for Men targets to restore and maintain specific health issues common for men and is adapted to men's physiology, nutritional needs, common health issues, and more.
The Women Family Line
The Product Line for Women contains research-based herbal formulas, including powders and extracts of researched plants that have been demonstrated to have health supporting effects on Women's Health issues in different areas, such as candidiasis, fertility issues, vaginal microflora, menstrual cycle normalization, PMS relief, weight loss, and more. The Product Line for Women targets to restore and maintain specific health issues common for women and is adapted to women's physiology, nutritional needs, common health issues, and more.
The Vitamins and Minerals Family Line
The Vitamins & Minerals Product Line is based on researched substances that have been proven to be efficient for various medicinal uses. Thy contain research-based balanced combinations of vitamins and minerals composed in an herbalist method, which support the proper functioning of many body systems, and specifically the immune system to prevent contagion with viruses and bacteria, support a healthy digestive system, cognitive functions, and more.
Strategy
The company's strategy includes developing plant-based wellness, and plant-based medicines products and solutions, including developing plant-based products portfolio based on rigorous scientific research ranging from synergistic botanicals, herbal extract tinctures, medicinal mushrooms together with plant extracts, botanical formulations from seeds, roots, bark, fruits and a wide variety of plants that contain substances with health-supportive effects; researching plant-based medicines and solutions for the botanical and plant-derived drug market; and the acquisition of MyPlant is an opportunity to advance its wellness and planned pharma and botanical drug products with MyPlant's scientific research as to the effects of specific plant substances and compounds on different wellness and medical conditions.
The company's strategy for generating revenue in the near term and future include sales of its proprietary products including Green Feels & Green Side by Side product lines; commercialization and licensing the company's future IP, products & brands; and collaborations and acquisitions of distribution companies and strategic partnership activities.
Acquisitions
On December 30, 2022, the company purchased a 10% equity interest (on a fully diluted basis) in MyPlant Bio Ltd and Citrine Global has an option to purchase an additional 45% of MyPlant equity.
MyPlant Bio Ltd, specializes in botanical drug development and owns certain know-how and intellectual property rights that include a developed platform and cell-disease models to screen plant extracts to understand their biological effect, and has screening platforms using cell line models for certain diseases and conditions to detect effective plant materials and/or other substances for the treatment of these conditions.
The collaboration with MyPlant Bio Ltd is part of the company's strategy to add value to its product lines and position its company with a competitive edge in the Wellness market and the Nutritional Supplements.
Provisional Patent Applications
In July 2022, the company filed a provisional patent application for 'COMPOSITIONS AND METHODS FOR TREATING, AMELIORATING, ALLEVIATING, MITIGATING OR BALANCING SIDE-EFFECTS IN THE ORAL CAVITY ASSOCIATED WITH THE USE OF MEDICINES, TREATMENTS, AGING OR UNBALANCED/UNHEALTHY LIFESTYLE', patent No: 63/388,361 in the U.S. Patent & Trademark Office. The patent application relates to compositions and methods for answering the need for treatment, amelioration, alleviation, mitigation, or balance of side effects in the Oral Cavity related to medications, treatments, using cannabis, smoking, adult population experiencing constant dry mouth, and unhealthy lifestyle.
In October 2021, the company filed a provisional patent application for 'PHARMACEUTICAL COMPOSITIONS AND METHODS FOR THE TREATMENT OF SIDE-EFFECTS ASSOCIATED WITH THE USE OF CANNABIS, CANNABINOIDS AND RELATED PRODUCTS', patent No: 63/257,673 in the U.S. Patent & Trademark Office. The patent application describes certain side effects of cannabis use, the needs, technologies, and solutions to support medical cannabis users who experience side effects related to their cannabis treatment.
In October 2022, the company filed an extension to the provisional patent application No: 63/257,673 in the U.S. Patent & Trademark Office by filing a provisional patent application patent No: 63/418,046 for 'COMPOSITIONS AND METHODS FOR TREATING, AMELIORATING, ALLEVIATING, MITIGATING OR BALANCING SIDE-EFFECTS ASSOCIATED WITH THE USE OF MEDICINES, TREATMENTS, AGING, CANNABIS, AND UNBALANCED OR UNHEALTHY LIFESTYLE'.
Research and Development
During the year ended December 31, 2022, the company's research and development expenses were $120,000.
History
The company was incorporated in 2010. It was formerly known as TechCare Corp. and changed its name to Citrine Global Corp. in 2020.
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