News Archives - Page 486 of 722

MondayOct 26, 2020 11:22 am

InsuraGuest Technologies Inc. (TSX.V: ISGI) (OTC: IGSTF) Reshaping and Disrupting Insurance Marketplace

Digital technologies are reshaping as much as disrupting insurance marketplace Insurtechs are working with established carriers rather than competing Investment in insurtech industry exceeded $5.5 billion in 2019, one-quarter from big carriers InsuraGuest currently offers products in two insurance sectors: hospitality and small business Plans to leverage digital platform to offer services in other insurance sectors InsuraGuest Technologies (TSX.V: ISGI) (OTC: IGSTF) is one of a new breed of insurtech companies that are reshaping the insurance landscape. Like they have done in the financial-services sector “fintech,” digital technologies are being employed to improve the way products and services are delivered…

MondayOct 26, 2020 10:53 am

Sanwire Corp. (SNWR) to Thrive as Social Media Brings Lifeline to Artists in COVID-19 World

Research finds that digital technology empowered artists to find new opportunities to innovate, create during pandemic. Report finds that low-cost, high-value marketing services and collaboration tools will become critical for music industry going forward. As a company employing digital technology to support independent artists, Sanwire is ideally positioned for new era. MIDiA Research, a specialist media and technology analysis company, cites digital technology and social media as powerful tools for independent artists to create content and engage with fans during COVID-19, with increasing roles in the post-pandemic world (https://ibn.fm/x6K6k). As a company dedicated to employing digital technologies to provide a…

MondayOct 26, 2020 10:11 am

Medicinal Mushrooms Booming, Pure Extract Technologies Inc. First-Mover Strategy Catalyzing Growth

Research indicates that functional and medicinal mushrooms offer range of physical and mental benefits Pure Extracts’ milestone-based strategy catalyzing Company growth Strategy includes license procurement, production, marketing of in-house and white label products Mainstream science is now catching up with what traditional medicine has known for years — that functional and medicinal mushrooms can help treat disease, improve mental cognition and fire up digestion. Pure Extract Technologies Inc., a soon-to-be public, plant-based Canadian extraction company, is on track to position itself as an industry leader through a strategy based on three growth-focused milestones that include the application to Health Canada…

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…

ThursdayOct 22, 2020 9:57 am

Cybin Corp. Appoints New CEO with Impressive Health-Care Expertise

Cybin appoints health-care expert Doug Drysdale as new CEO. Company confident that his extensive health-care sector background, international company management skills will strengthen Cybin partnerships. New CEO says business model, talented management team positions company to examine new psychedelic-based therapies, delivery systems. Cybin Corp.,a life sciences company advancing psychedelic pharmaceuticals, recently announced the appointment of Doug Drysdale as its CEO (https://ibn.fm/vOTXM). Drysdale brings more than three decades of experience in the health-care sector and will continue to grow its IP portfolio. “With his myriad business accomplishments, Doug is the ideal leader for Cybin,” said Cybin co-founder and COO Paul Glavine. “We…

ThursdayOct 22, 2020 9:23 am

InsuraGuest Technologies, Inc. (TSX.V: ISGI) Proprietors Policy Portal Now Open for Business

Launch of InsurTech Portal to Offer Business Owner Liability Protection The Insure the People Portal to Provide Coverage to Over 130 Class Codes Coverage for Building & Business Property and Business Income General Liability Occurrence Limits: US$300,000, US$500,000, US$1 million and US$2 million Employment Practices Liability With the launch of its business owner policy (“BOP”) portal, InsuraGuest Technologies, Inc. (TSX.V: ISGI) (OTC: IGSTF) is extending its general liability coverage to a vital sector of the U.S. economy: small businesses. Through the site—InsureThePeople.com—small business owners and operators of a wide range of enterprises, from public accountants to commodity merchants to bars…

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