MondayDec 06, 2021 10:44 am

FDA green lights Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Psychedelic Drug Trial for Treating Fibromyalgia, After Completing IND Process

Pharmaceutical company Tryp Therapeutics is advancing research into the ability to treat unmet medical needs by using synthetic psychedelic drug candidates generally regarded as illegal and of no practical value under federal drug standards The company is demonstrating its faith in the potential of psychedelic medicine by advancing its proprietary TRP-8802 psilocybin candidate toward Phase 2a drug trials through the FDA’s Investigational New Drug process The FDA has notified the company that its review of the IND for using TRP-8802 to treat fibromyalgia is complete and a trial planned in conjunction with the University of Michigan may proceed to patient…

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MondayDec 06, 2021 10:30 am

QualityStocksNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces 2022 Revenue Guidance, to Host Dec. 14 Webinar

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products, today announced 2022 revenue guidance of $35-45 million. According to the update, this incorporates revenue contributions from the company’s various operating divisions, including recently acquired Vessel Brand and wholesale cannabis revenues from Cosechemos. In addition, Flora announced that it will hold a webinar at 4:30 p.m. ET on Tuesday, Dec. 14, 2021. During the webinar, Flora CEO Luis Merchan will provide an update on the operational performance for 2021 to date, additional comments on the financial guidance for 2022, and hold a brief question-and-answer session. Interested parties…

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MondayDec 06, 2021 9:30 am

American Cannabis Partners Cater to Increasingly Discerning Customer Base Through Cultivation of Premium, Proprietary Cannabis Strains

The cannabis industry in California and the United States is undergoing a metamorphosis, reflecting scores of new marijuana markets and business opportunities for cultivators, manufacturers and retailers within the sector American Cannabis Partners, a multi-state, vertically integrated operator with cultivation operations across the states of Michigan and California has sought to differentiate itself through its high-quality end product The company, which boasts a strong personal and positive relationship with Jamaica and its people, has aligned its production processes with traditional Jamaican cultivation techniques, resulting in greater production yields, higher THC levels and more pronounced terpenes ACP recently revealed that it…

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MondayDec 06, 2021 9:00 am

Tingo, Inc. (IWBB) Poised to Tackle Social and Economic Challenges in Africa Through Agriculture Innovation as the Sector Is Expected to Reach $ 1 Trillion

Agriculture has massive social and economic impact in Africa: it generates up to 40% of GDP, provides livelihood for 70% of the continent's population; expected to reach $1 trillion in value by 2030 Still, the sector suffers from considerable inefficiencies hindering growth: low productivity, fragmented supply chains, and excessive post-harvest losses Tingo aims to solve these challenges for Africa's key industry: NWASSA platform streamlines agribusiness supply chains by connecting actors in one digital marketplace, intends to provide direct connection to company's SuperApp that offers mobile wallet Tingo (OTCQB: IWBB), a digital service agri-fintech technology company focused on providing financial services…

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MondayDec 06, 2021 9:00 am

Sharing Services Global Corp.’s (SHRG) Happy Co. Operating in Resilient, Post-Pandemic Sector

In 2020, direct sales saw record highs in sales, sellers and customers in the U.S. Growth across many categories within direct selling reflects broader consumer trends The Happy Co. is one of fastest-growing companies in the social-marketing, direct-selling industries The resiliency of the direct-selling industry has never been more evident than during the global pandemic. Looking forward, the country’s economic situation remains fragile, but direct sales remains a bright spot on the horizon. A recent Direct Selling News article, titled “Four Reasons for Direct-Selling Optimism Post-Pandemic,” touts all that is right with the space (https://ibn.fm/sbexN) — a space in which…

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MondayDec 06, 2021 9:00 am

SRAX Inc. (NASDAQ: SRAX) Reports Record Third Quarter; Raises Fourth Quarter Top-Line Guidance

SRAX reported their 3Q21 quarterly results on November 15, 2021 The company reported 3Q21 revenues of $8.3 million, +219% YoY and +8% QoQ SRAX also reported that their 3Q21 EBITDA net loss narrowed to -$790k, with the company simultaneously revealing that their gross margin had widened to 78% SRAX’s investor intelligence platform, Sequire announced that their subscribers had swelled to 250 companies as of 3Q21, up from 225 companies at the end of the second quarter SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, recently published its…

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FridayDec 03, 2021 1:02 pm

QualityStocksNewsBreaks – Avricore Health Inc. (TSX.V: AVCR) (OTCQB: AVCRF) on Course to Making Actionable Health Information More Accessible

Avricore Health (TSX.V: AVCR) (OTCQB: AVCRF) is increasing access to the innovations of its walk-in pharmacy diagnostic technology. Recently, the company expanded from key cities in Canada’s eastern locales to sites on the western seaboard, where it hopes to diversify the profile of patients using its service. “The addition of five British Columbia outlets through Avricore’s pilot partnership with nationwide pharmaceutical chain Shoppers Drug Mart is expected to serve as an early booster stage for the company’s plans to serve 600 locations by the end of 2023,” reads a recent article. In an earlier news release, CEO Hector Bremner commented:…

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FridayDec 03, 2021 12:30 pm

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Beginning of Validation Process for Class 2 EV Cargo Vans

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has started the initial validation testing of its exclusive Class 2 EV cargo van. The testing is taking place at Mullen’s Advanced Manufacturing and Engineering Center (“AMEC”), which is located in Tunica, Mississippi. Based on a 144-inch wheelbase, Mullen’s Class 2 EV cargo van features a 78.8-kWh battery pack as well as rear-wheel drive and a  modular 460-cubic-foot cargo area. In addition, the vehicle offers a range of more than 200 miles and a maximum payload of 3,296 pounds. “Our Class 2 EV cargo van initial validation testing has begun…

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FridayDec 03, 2021 12:28 pm

Q1 Diagnostic Coverage & Reimbursement Conference, Boston

Date: December 6-7, 2021 Venue: Boston, MA Reimbursement executives attempt to comply with stringent commercial and public payer standards as the diagnostic industry evolves and expands into ever more specialized areas of testing. Provisions and specific evidence required to ensure coverage are always evolving, but the technology appears to be progressing even faster, posing unique hurdles in showing product value and integrating innovative diagnostics into existing payment schemes. The Diagnostic Coverage & Reimbursement conference has brought together more than 1200 industry professionals over the last ten years to discuss crucial challenges affecting diagnostic technology pricing, allowing the industry to better…

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FridayDec 03, 2021 12:18 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Expanding End-Market Access in Growing California Cannabis Delivery Sector

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is focused on expanding its end-market access as a central player in the growing space. This comes as more consumers around the world become aware of the potential benefits of cannabis. As a result, the market is projected to see significant growth, with a new Quince Market Insights report estimating that the global cannabis market will grow at a CAGR of 27.0% from 2021 to 2030 (https://ibn.fm/3WgpH) (https://nnw.fm/ESCca) (https://cnw.fm/pZlDm). “The growth factors identified in the market are the proven medicinal effects and legalization of cannabis, developments in intellectual property…

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