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NOTE
1. ORGANIZATION
Organization
Healthy
Choice Wellness Corp. (the “Company” or “HCWC” or “we” or “our” or “us”)
is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle
alternatives. The Company was spun off from its former parent, Healthy Choice Markets Corp. (“HCMC”), on September 13,
2024.
Through
its wholly owned subsidiaries, the Company operates:
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Choice Markets, Inc. (DBA Ada’s Natural Market), a natural and organic grocery store offering fresh produce, bulk foods, vitamins
and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products
and natural household items. |
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Choice Markets 2, LLC (DBA Paradise Health & Nutrition), with three stores that likewise offer fresh produce, bulk foods, vitamins
and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products
and natural household items. |
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Choice Markets 3, LLC (DBA Mother Earth’s Storehouse), an organic and health food and vitamin store in New York’s Hudson
Valley, which has been in existence for over 40 years. |
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Choice Markets IV, LLC (DBA Green’s Natural Foods), with eight stores in New York and New Jersey, offering a selection of 100%
organic produce and all-natural, non-GMO groceries & bulk foods; a wide selection of local products; an organic juice and smoothie
bar; a fresh foods department, which offers fresh and healthy “grab & go” foods; a full selection of vitamins &
supplements; as well as health and beauty products. |
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Choice Markets V, LLC (DBA Ellwood Thompson’s), an organic and natural health food and vitamin store located in Richmond, Virginia. |
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Choice Markets VI, LLC (DBA GreenAcres Market), an organic and natural health food and vitamin chain with five store locations in
Kansas and Oklahoma. GreenAcres Market offers organic and all natural products and vitamins from both top national brands as well
as locally sourced specialty brands. |
Through
its wholly owned subsidiary, Healthy U Wholesale, the Company sells vitamins and supplements, as well as health, beauty, and personal
care products on its website www.TheVitaminStore.com.
Sourcing
and Vendors
We
source from multiple suppliers. These suppliers range from small independent businesses to multinational conglomerates. A supplier is
considered a concentration if it accounts for 10% or more of total purchases in a period. For the three months ended March 31, 2026,
approximately 34% of our total purchases were from Kehe Distributors, LLC (“KeHe”), and 18% from Four Seasons Produce. For
the three months ended March 31, 2025, approximately 14% of our total purchases were from UNFI, 16% of our purchases were from Four Seasons
Produce, and 26% of our total purchases were from KeHe.
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