News Archives - Page 557 of 690

ThursdayJul 18, 2019 1:04 pm

Trxade Group Inc. (TRXD) Building Reputation of Transparency in Effort to Improve on Pharmaceutical Supply Chain Concerns

Trxade Group is using the strength of its web-based purchasing platform, pharmacy network, delivery services and data analytics to improve the transparency of the prescription drug industry supply chain The company is celebrating a boost to its own transparency efforts with the news that the SEC approved its S-1 Registration Statement regarding shareholder stock resale Trxade Group reported record revenues of $1.5 million for the quarter ended March 31, as well as increasing operating income and net income The company’s software trading platform lists nearly half of the United States’ 24,000 independent pharmacies as subscribers, with ongoing additions to the…

ThursdayJul 18, 2019 12:23 pm

Marijuana Company of America Inc. (MCOA) Signs Joint Venture LOI, Plans Expansion in California

MCOA signed a letter of intent with Northern Lights Distribution and Alpha Private Equity & Capital to form Magnolia Extracts The joint venture aims to expand large-scale operations surrounding the delivery, distribution and manufacture of cannabis products MCOA earlier acquired a 20 percent equity interest in and signed a JV with Natural Plant Extract of California Marijuana Company of America Inc. (OTCQB: MCOA), a hemp and cannabis corporation, has signed an LOI with Northern Lights Distribution (“NLD”) and Alpha Private Equity & Capital to form joint venture Magnolia Extracts LLC, with plans to debut delivery, distribution and manufacturing at its…

ThursdayJul 18, 2019 11:54 am

Spectrum Global Solutions Inc. (SGSI) Positioned to Lead US 5G Network Development, Maintenance

The telecommunications industry is anticipating an evolutionary step in its development as carriers prepare to roll out higher speed 5G networks in the coming years Spectrum Global Solutions is a U.S.-based end-to-end telecoms network tech provider whose clients include recognized names such as Ericsson, Nokia, Sprint, AT&T and Verizon The company recently reported significant year-over-year revenue growth that nearly tripled to $11.3 million SGSI’s first quarter report also noted that the company achieved its first quarter of positive income from operations, transforming a loss of $743,491 into a gain of $14,699 The pending introduction of higher-speed next-generation 5G networks has…

WednesdayJul 17, 2019 1:37 pm

Pressure BioSciences Inc. (PBIO) Delivers Custom Built, Proprietary Ultra Shear Technology Instrument to Ohio State for Food Safety Research

PBIO’s proprietary Ultra Shear Technology (“UST”) platform can be used to create the higher quality, more nutritious, longer-lasting, chemical-free foods that consumers demand Recent delivery of a working benchtop UST instrument to Ohio State scientists marks the first major milestone in a nearly $1 million federally funded collaborative study Separate from the collaboration between PBIO and OSU in the liquid food (primarily dairy) area, PBIO’s UST platform, which has been proven to create high quality, visually clear nanoemulsion mixtures of oil and water, has the potential to play a critical role in pharmaceuticals, cosmetics, and nutraceuticals The company recently announced…

WednesdayJul 17, 2019 12:11 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Partners with Khalifa Kush to Introduce KKE Oil

KKE Oil is expected to be the first in a full suite of recreational products to be launched through a partnership between Supreme Cannabis Company and Khalifa Kush Enterprises Canada The KKE Oil line is anticipated to be available early July 2019 in Alberta, Canada, and by the end of this week in British Columbia and Ontario Canada will be the first country outside of the United States to have KKE products available for purchase The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), in partnership with Khalifa Kush Enterprises Canada, is debuting a new line of cannabis…

WednesdayJul 17, 2019 11:44 am

Keeping Hemp Production Costs Low through Technology: How Hemptown USA is Changing the Lucrative Market

The fast-growing hemp market is driving intense competition, with innovative cultivation practices serving as a major factor of differentiation Hemptown’s cultivation methodology, paired with a genetic modification advantage, is expected to lead to increased yields and lower costs The company is scaling up operations to meet rising demand; it anticipates up to $200 million in revenue by 2020 Legislative changes in the U.S. and other parts of the world, as well as changing consumer attitudes, are contributing to the rapid expansion of the hemp products market. The industrial hemp market is anticipated to grow at a CAGR of 18.3 percent…

WednesdayJul 17, 2019 11:10 am

TNF Inhibitors Such as INmune Bio Inc.’s (NASDAQ: INMB) XPro1595 May Reduce the Risk of Alzheimer’s Development, Report Suggests

Research indicates that anti-inflammatory medications have the power to prevent the onset and control the symptoms of Alzheimer’s disease The link between inflammatory processes and Alzheimer’s has long been established; companies like INmune Bio are working to further the research and develop safe and effective drugs based on disrupting this mechanism INmune Bio has received a $1 million grant from the Alzheimer’s Association to bring its lead drug candidate, XPro1595, to the clinical testing stage Could tumor necrosis factor-alpha (TNF-α) inhibition be the next big thing in the world of Alzheimer’s disease (AD) treatment? A detailed Washington Post report focuses…

TuesdayJul 16, 2019 1:10 pm

Alzheimer’s Disease Market Growth Driven by Innovative Developments Such as INmune Bio Inc.’s (NASDAQ: INMB) XPro1595

Companies like INmune Bio are advancing the development of innovative treatment methods INmune’s lead drug candidate, XPro1595, works by targeting neuroinflammation, one of the causes of Alzheimer’s XPro1595 is set to undergo a phase I clinical trial in the summer of 2019 with a goal of measuring traditional and novel biomarkers of inflammation in patients with mild to moderate Alzheimer’s The global market for Alzheimer’s disease (AD) treatments is forecast to double in value by 2023, reaching $4.9 billion, according to GlobalData research (http://ibn.fm/8ZqMy). The growth rate has been estimated at 10.5 percent for the forecast period. The increasing prevalence of…

TuesdayJul 16, 2019 12:46 pm

One of the Leading Canadian Cannabis Licensed Producers – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Expanding Capacity

Organigram has distribution in all 10 Canadian provinces and has now received licensing approval from Health Canada for its Phase 4A expansion efforts, which are expected to bring its annual production capacity to 61,000 kg The company is well-positioned for Canada’s anticipated edibles and derivative legalization, expected in October 2019, with expanding production capacity, R&D and various strategic partnerships Phase 4 construction is on track for completion by the end of 2019, with an aim of increasing target production capacity to 113,000 kg per year once fully licensed and operational Organigram Holdings Inc. (NASDAQ: OGI) (TSX.V: OGI) is pursuing an…

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