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Cabbacis Issues Shareholder Letter and Provides Corporate Update
Businesswire· 2026-01-28 14:24
Core Viewpoint - Cabbacis is positioned to capitalize on the growing demand for risk-reduction tobacco products, particularly through its iBlend™ brand, which features very-low-nicotine cigarettes and aims to address public health concerns related to tobacco use [2][4][16]. Company Milestones and Achievements - 2025 was a transformative year for Cabbacis, marked by positive clinical trial results for iBlend™ very-low-nicotine cigarettes, advancing the company's commercialization pathway and first-to-market advantage [2][6]. - The company has made significant progress in developing its products and has a clean balance sheet with no debt, targeting a $7.5 million capital raise to support operations for the next two years [12][13]. Product Strategy and Market Opportunity - iBlend™ cigarettes contain approximately 95% less nicotine than leading brands, addressing the need for alternative products to help smokers reduce nicotine dependence and quit [3][7]. - The FDA's proposed rule to limit nicotine levels in cigarettes could create a favorable market environment for iBlend™, potentially transforming the global tobacco market [8]. Clinical Validation and Intellectual Property - A pilot clinical trial showed that iBlend™ products received strong satisfaction scores and significantly reduced cravings for usual brand cigarettes, indicating consumer acceptance [10][17]. - Cabbacis holds a robust intellectual property portfolio with 36 worldwide patents, including 8 U.S. patents, covering innovative tobacco and hemp product combinations [11][17]. Regulatory Pathway and Future Plans - The company plans to file a Premarket Tobacco Product Application (PMTA) for iBlend™ around mid-2026, with expectations for a review process of approximately one year [14]. - Cabbacis aims to initiate international marketing efforts in select markets with lower regulatory barriers, allowing for early revenue generation and brand validation ahead of U.S. market entry [14].
Cabbacis to Present at the Noble Emerging Growth Conference on October 8, 2025
Businesswire· 2025-10-06 12:15
Core Insights - Cabbacis is focused on developing harm-reduction tobacco products under the iBlend™ brand, with plans to present at the Noble Capital Markets Emerging Growth Virtual Equity Conference on October 8-9, 2025 [1][2][3] Company Overview - Cabbacis (OTCQB: CABI) is a U.S. federally-licensed tobacco product manufacturer targeting the one billion smokers globally with its patented harm-reduction products [4][5] - The flagship product, iBlend™, combines reduced-nicotine tobacco with non-intoxicating hemp, aimed at helping users smoke or vape less and transition to less harmful alternatives [4][5] Conference Participation - CEO Joseph Pandolfino will present at the conference on October 8, 2025, at 3:30 p.m. Eastern Time, and will also hold one-on-one meetings with institutional investors on October 9, 2025 [2][3] Product Development and Clinical Trials - Recent clinical trials showed that Cabbacis cigarettes received high satisfaction ratings and significantly reduced cravings for usual brand cigarettes [5] - The company is preparing to file its first Premarket Tobacco Application (PMTA) with the FDA around January 2026 and is exploring international licensing and partnership opportunities [3][5] Intellectual Property - Cabbacis holds a global patent portfolio of 35 issued patents and various pending applications, primarily covering tobacco-hemp combinations in cigarettes and vaporizer pods across key markets [5]