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Range Impact, Inc., along with its affiliated companies, delivers health and wellness solutions throughout the United States. Its operations are structured across five primary divisions: Range Reclaim, Range Water, Range Security, Range Land, and Drug Development. A significant area of its work involves the advancement of VBX-100, a glycosylated tetrahydrocannabinol cannabinoid specifically designed to address inflammatory ailments of the gastrointestinal tract. Furthermore, the company offers environmental restoration services, encompassing land reclamation, water rehabilitation, and auxiliary mining activities for both industrial and non-industrial clients within the Appalachian region. It also provides sophisticated, technology-driven security oversight for operational and legacy mine sites. Established in 2007 and headquartered in Cleveland, Ohio, the organization adopted the name Range Impact, Inc. in December 2023, having previously operated as Malachite Innovations, Inc.
Range Impact Reports 2Q 2026 Financial Results
Range Impact reported 2Q 2026 financial results, generating royalty income of $1.1 million which exceeded cash operating expenses of $526,743.
During the first half of the year, the company invested $2.38 million into mine site reclamation funded by excess cash flow and $1.94 million in new equity capital.
The company reduced its debt outstanding by $200,000 to $1.6 million and recorded total stockholders' equity of $36.9 million as of June 30.