October 2020 - Page 7 of 26

FridayOct 23, 2020 3:07 pm

SPAC Merger Fires Boosters for 180 Life Sciences’ Exploration in Unmet Medical Needs of Anti-inflammatories Space

Biotechnology company 180 Life Sciences has launched a variety of advanced clinical and preclinical-stage efforts to develop novel anti-inflammatory treatments for patients with chronic illnesses A planned merger with 180 Life Sciences advanced under a special purpose acquisition corporation (SPAC) is expected to be completed within the next month, resulting in a Nasdaq filing under the ticker ATNF 180 Life Sciences’s founders are an experienced team of medical scientists who pioneered anti-inflammatory pharmaceuticals in the 1990s that are still in use today, generating billions in revenue The company’s own-IP clinical trials seek to resolve inflammation-related issues in conditions such as…

FridayOct 23, 2020 2:16 pm

Net Element Inc. (NASDAQ: NETE), Mullen Stand to Benefit from Decreasing EV Manufacturing Costs

Investment bank UBS reports that electric cars will cost the same to make as conventional cars by 2024. Expensive batteries, which account for between a quarter and two-fifths of EV’s cost, have been barrier to production. NETE recently announced entry into EV space through merger with privately held Mullen Technologies Inc. New research from investment bank UBS indicates that electric vehicles (“EVs”) may be as cheap to manufacture as regular models within the next four years (https://ibn.fm/UV8WX). This news bodes well for Net Element Inc. (NASDAQ: NETE), a global financial technology and value-added solutions group that recently announced its planned…

FridayOct 23, 2020 1:57 pm

Fast-Growing Michigan Market Next in Line for Gage Cannabis Co., IPO Planned for 2021

Gage expanding in Michigan, one of fastest-growing legal cannabis markets in United States Adult-use cannabis revenues in Michigan projected at $1 billion per year for 2021, surpassing $1.5 billion by 2023 Gage currently operates 5 dispensaries, planning to open and operate 8-10 by the end of 2020, with 20+ expected to open by the end of 2021 YTD revenue estimated at $30+ million, 157% increase from January to September 2020 Gage planning Canadian listing for Q1 2021 Bruce Linton, a pioneer of the global cannabis industry and current executive chairman of Gage Cannabis Co., has set his sights on Michigan…

FridayOct 23, 2020 1:29 pm

Pure Extract Technologies Inc.’s Three-Pillar Business Model Points Company Toward Success

‘Harvard Business Review’ cites importance of a good business model, specifies key questions it should answer. Pure Extracts’ business model founded on three pillars: extraction services, formulation & white-labeling, and development of its in-house ‘Pure Pulls’ branded cannabis and functional mushroom products. Company’s business model is multi-faceted, comprehensive and allows for future growth. A strong business model is essential to every successful organization, whether it’s a new venture or an established player, touts a “Harvard Business Review” article titled “Why Business Models Matter.” Pure Extracts Technologies Corp., a plant-based extraction company with a new vertical in functional mushrooms, recognizes the…

FridayOct 23, 2020 1:04 pm

CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) Moves Closer to IND Filing as Manufacturing of Lead Drug Candidate Commences

Berubicin Expected to Commence Trials for the Treatment of Glioblastoma, An Aggressive Form of Brain Cancer Currently Considered Incurable Production of Berubicin Begins in the U.S. and Europe Dual Manufacturing Facilities Engaged to Reduce Supply Chain Interruptions IND for Berubicin Could Be Filed by Year End CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) expects to have an Investigational New Drug Application (“IND”) ready for its lead drug candidate, Berubicin, by the end of 2020. An approved IND would give the biotech company, which is developing treatments for primary and metastatic cancers of the brain and central nervous system, the green light to…

FridayOct 23, 2020 1:02 pm

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Signs Premier Auto to DRIVRZ

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, was selected by Premier Auto Group, one of the fastest growing auto dealership networks in the U.S. for the signing of Premier Auto’s dealers onto PowerBand’s virtual transaction platform, DRIVRZ. According to the update, with sales from its 24 dealerships nearing US$1 billion, Premier Auto's dealers will have access to the DRIVRZ virtual transaction platform and 4.5 million new and used cars. “The DRIVRZ platform offers an exciting new way for people to buy, lease, sell and trade in cars and trucks, all on one…

FridayOct 23, 2020 12:05 pm

QualityStocksNewsBreaks – KBL Merger Corp. IV’s (NASDAQ: KBLM) Special Meeting to be Held November 5, 2020, 180 Life Sciences Featured in Exclusive Broadcast

KBL Merger Corp. (NASDAQ, KBLMKBL, KBLMR, KBLMW) (“KBL”), a special purpose acquisition company (“SPAC”) that previously announced the agreement to acquire 180 Life Sciences Corp., today announced postponement of the special meeting of its stockholders (the “Special Meeting”) to November 5, 2020. KBL determined to postpone the Special Meeting (originally scheduled for Monday, October 26, 2020) so that it better aligns with anticipated timing of the proposed business combination with 180 Life Sciences. As a result of this change, the Special Meeting will now be held at 10:00 a.m., local time, on November 5, 2020, at the offices of KBL…

FridayOct 23, 2020 10:54 am

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Opens the Market in Virtual Broadcast

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, on Thursday joined TMX Group’s Head of Company Services Berk Sumen for a virtual broadcast. Exro CEO Sue Ozdemir and her team joined Sumen to celebrate the company's new listing on TSX Venture Exchange and to open the market for the day’s trading. The celebration comes on the heels of Exro’s launch of its new Calgary Innovation Center — a distinctive facility dedicated to the delivery of commercial products based on expert in-house design, testing and…

FridayOct 23, 2020 10:37 am

QualityStocksNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Announces Q3 2020 Financial Results

Sigma Labs (NASDAQ: SGLB), a leading developer of in-process quality assurance software for the commercial 3D metal printing industry, on Thursday released its financial and operational results for the third quarter ended September 30, 2020. “The third quarter of 2020 was about execution and laying the foundation for a successful 2021, and we are very pleased to have made significant progress in each of the strategic initiatives that we established at the beginning of the year,” Mark K. Ruport, president and chief executive officer of Sigma Labs, said in the press release. “On the financial front, our balance sheet expanded…

FridayOct 23, 2020 10:10 am

QualityStocksNewsBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) to Host Live Webinar

Siyata Mobile (NASDAQ: SYTA, SYTAW), a business-to-business (“B2B”) global vendor of next-generation cellular solutions, on Thursday announced that management will host a live investor webinar to review the company’s updated October investor presentation. The event is scheduled to take place at 2:00 p.m. ET on Thursday, October 29, 2020. Management will provide an overview of current operations, industry metrics and upcoming milestones on Siyata’s products (rugged handsets, in-vehicle devices and cellular boosters). Interested parties may register for the event by visiting https://ibn.fm/HaqWA. To view the full press release, visit https://ibn.fm/XOfu5 About Siyata Siyata Mobile Inc. is a B2B global vendor…

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Month: October 2020