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Dynamic quotes 
OFFON

MALACHITE INNOVATIONS, INC.

(MLCT)
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Business Summary
Malachite Innovations, Inc, formerly Vitality Biopharma, Inc., is a biopharmaceutical company. The Company is focused on developing the cannabinoid pharmaceutical prodrugs also known as cannabosides. The Company utilizes its enzymatic bioprocessing technologies to discover its cannabosides are cannabinoid-glycoside prodrugs. The CompanyÔÇÖs cannabosides products include glycosylated tetrahydrocannabinol (THC), cannabidiol (CBD), cannabidivarin (CBDV) and cannabinol (CBN). Its THC-glycoside (VBX-100) prodrug is developed for the treatment of gastrointestinal diseases, including inflammatory bowel disease (IBD) and irritable bowel syndrome (IBS). IBD is a frequently chronic inflammatory condition where parts of the digestive system become inflamed from an overactive immune response. IBS is a functional gastrointestinal disorder that commonly affects the large intestine and is characterized by abdominal cramping, diarrhea, constipation and pain.

Number of employees : 3 people.
Managers
Name Title Age Since
Michael Cavanaugh Chief Executive Officer & Director 47 2019
Richard McKilligan Controller, Chief Financial & Accounting Officer 58 -
Brandon Zipp, Dr. Chief Science Officer 40 2020
Edward F. Feighan Executive Chairman 73 2019
Richard F. Celeste Independent Director 83 2019
Members of the board
Name Title Age Since
Edward F. Feighan Executive Chairman 73 2019
Michael Cavanaugh Chief Executive Officer & Director 47 2019
Richard F. Celeste Independent Director 83 2019
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 51,450,147 34,418,376 66.9% 0 0.0% 66.9%
Shareholders
NameEquities%
Joseph E. Loconti 13,153,063 25.6%
Edward F. Feighan 2,690,917 5.23%
Michael Cavanaugh 879,791 1.71%
KLCM Advisors, Inc. 74,000 0.14%
Brandon Zipp 64,000 0.12%
Richard McKilligan 10,000 0.019%
FNY Capital Management LP 4,000 0.0078%
CapFinancial Partners LLC 3,440 0.0067%
Steward Partners Investment Advisory LLC 2,400 0.0047%
North Star Asset Management, Inc. 1,000 0.0019%
Brand Portfolio
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More brands of Malachite Innovations, Inc.
Sector Bio Therapeutic Drugs