Arcadia Biosciences, Inc., an agricultural food ingredient company, develops and commercializes health and nutrition ingredient traits worldwide. The company offers a suite of agricultural productivity traits, including nitrogen use efficiency, water use efficiency and drought tolerance, salinity tolerance, and herbicide tolerance traits. It also provides nutritional oils comprising gamma linolenic acid safflower oil to manufacturers of dietary and nutritional supplements, medical foods, dog food, and other products under the SONOVA brand; and arachidonic acid safflower oil that is used as an ingredient in infant nutrition products. In addition, the company has various programs under development comprising fiber resistant starch wheat, whole grain flour, and reduced gluten wheat programs. Arcadia Biosciences, Inc. has strategic collaboration with Dow AgroSciences to develop and commercialize enhanced wheat quality trait. The company was founded in 2002 and is headquartered in Davis, California.
I recall this one getting some serious play in March, but then losing everything after the run. Looks like another pop here.
They also got a new Ph.D. on their board. Will keep watching. Curious how do you find these companies? Do you have some sort of screener or alert system?
Bioseed has field tested Arcadia’s ESL technology in multiple tomato hybrid backgrounds, locations and seasons. Arcadia’s ESL tomato technology is especially valuable in developing countries where post-harvest handling and logistics present a challenge.
this has been a great play last couple and wasn't sure it would get back above $6 today but it did - ER due tomorrow and will be interesting to see what it does.
Bought a first position today of this cashed up Biotech at $2.50. I plan to add to my position. Cash at hand after recent financings plus the 1.875 million BIOX shares (trading currently around $10) is about the same level as the current market cap ($55 Million). The company is currently in the process of starting to generate revenues through multiple sources. Possible THC free hemp is also very huge... H.C. Wainwright Global Life Sciences Presentation March 2021 https://ir.arcadiabio.com/
Arcadia Biosciences Announces Fourth-Quarter and Full-Year 2020 Financial Results and Business Highlights – Record revenues, up six-fold over prior year – – Strong balance sheet entering 2021 – – Expanded product offerings – DAVIS, Calif. (March 30, 2021) https://arcadiabio.com/arcadia-bios...20-financial-results-and-business-highlights/
I sold this one on Wednesday at the open for a quick 30% gain. However, I am looking to buy shares again at lower levels if the opportunity arises...