The receipt of a Notice of Allowance for a patent application is a significant step towards securing intellectual property rights that can provide competitive advantages. This patent, focusing on improving the shelf-life, stability, rancidity, and flavor of plant products, could open new markets or enhance Arcadia Biosciences' position in existing ones. The positive impact on RKDA's stock in the short term is likely due to investor optimism about the potential for new or improved products and the competitive edge it could provide.