Charles & Colvard(US:CTHR) Prnewswire·2024-05-23 15:03Core Insights - Charles & Colvard has formed a strategic alliance with the International Gemological Institute (IGI) to provide comprehensive grading reports for moissanite gemstones and jewelry, enhancing consumer confidence and brand integrity in a competitive market [1][2][4] Company Overview - Charles & Colvard, Ltd. specializes in lab-grown moissanite and diamonds, emphasizing ethical sourcing and sustainability through its "Made, not Mined™" approach [7] - The company was founded in 1995 and is based in Research Triangle Park, North Carolina, offering products under the Forever One™ and Caydia® brands [7] Industry Context - The collaboration with IGI aims to address the challenges of misinformation and counterfeit products in the moissanite market, providing standardized grading measures similar to the 4Cs used in diamond grading [2][3][4] - IGI has nearly 50 years of experience in the gemological field, operating 30 laboratories and 19 education facilities globally, and is committed to reinforcing consumer trust in gemstone products [8][9] Product Offering - The grading reports will include unique identifiers for each gemstone, detailing quality characteristics and specific grading measures for moissanite, thereby ensuring authenticity and quality for consumers [2][3] - Initially, Forever One™ moissanite gemstone reports will be available to trade partners, with plans to expand availability to consumers later in the year [5] Upcoming Events - Both Charles & Colvard and IGI will participate in the JCK Show in Las Vegas from May 31 to June 3, 2024, showcasing their collaboration and products [6]