CTHR
- Charles & Colvard, Ltd.
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Overview
Company Summary
Charles & Colvard, Ltd. (CTHR) is a publicly traded company that specializes in the creation and sales of lab-created gemstones, particularly moissanite.
The core focus of Charles & Colvard is the production of moissanite, a unique gemstone that exhibits a brilliance similar to that of a diamond. Moissanite is composed of silicon carbide crystals and possesses high durability, fire, and scintillation. This gemstone is perceived as an ethical and more affordable alternative to natural diamonds.
The company has developed proprietary technology to manufacture gem-grade silicon carbide, allowing them to create moissanite gemstones of high quality and consistency. By controlling the entire production process, from raw material sourcing to cutting and polishing, Charles & Colvard ensures that their moissanite stones meet high standards.
In addition to the creation of moissanite, Charles & Colvard sells its gemstones through various distribution channels. This includes e-commerce platforms, such as their own website and partnerships with other online retailers. They also have a network of authorized retailers that carry their gemstones in physical stores.
As part of their business strategy, Charles & Colvard actively seeks to promote and educate consumers about the properties and benefits of moissanite. They position their gemstone as a sustainable and eco-friendly alternative to mined diamonds, which has appealed to environmentally conscious customers.
Overall, Charles & Colvard, Ltd. is a company that specializes in the manufacturing and retailing of lab-created moissanite gemstones, providing consumers with an alternative to natural diamonds that is both visually stunning and socially responsible.