News Archives - Page 672 of 720

ThursdaySep 06, 2018 10:11 am

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Deploys Winning R&D Strategy

Smaller companies achieve higher R&D productivity Collaboration with academia key to R&D success Diverse projects increase chance of success Big Pharma is losing the game in drug development. A decade ago, McKinsey & Company sounded the alarm, warning that the biopharma industry was afflicted by “diminishing R&D productivity.” Despite a doubling of investment in research and development, approvals of “new molecular entities” had fallen precipitously (http://ibn.fm/jUNpt). Nothing appears to have changed since then. A recent report by Deloitte laments the continued decline of returns on R&D investment. While R&D costs have generally remained the same, product revenues are falling, in part…

ThursdaySep 06, 2018 9:21 am

NUGL Inc. (NUGL) Aims to Provide Social Media Platform Alternative for Marijuana Industry

Mainstream social media channels wary of promoting marijuana, close down user accounts for cannabis endorsement NUGL’s platform provides B2B and B2C marketing tools for companies Platform has capabilities of Yelp, LinkedIn and Google Business Although the cannabis industry is gradually gaining social acceptability, many mainstream social media channels, such as Facebook, YouTube and Instagram, are still wary about promoting marijuana, according to a Digiday report. Cannabis ads are prohibited on a number of social media networks, including Facebook, Instagram, Google and Snapchat, although the latter does allow ads for cannabidiol-based products on a case-by-case basis, the report says. Additionally, many…

WednesdaySep 05, 2018 2:23 pm

Cannabis Strategic Ventures, Inc. (NUGS) Continues Expansion with Move into CBD Pet Food Supplement Line

Acquired controlling interest in The Asher House Pet CBD brand, produced with full-spectrum, whole-plant hemp, free of THC and pesticides An estimated $72.13 billion will be spent on pets by Americans during 2018, with over $33 billion spent on veterinary care, supplies and OTC medicines Percentage of U.S. households with a pet increased from 56 percent in 1988 to 68 percent in 2018 Sales of CBD products to U.S. consumers estimated to reach $2.1 billion by 2020, with $450 million coming from hemp-based sources The U.S. cannabis market is growing at an accelerated rate; industry analysts projecting a $50 billion…

WednesdaySep 05, 2018 1:52 pm

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Delivers Nicotine to Brain Faster

Ability to cross blood brain barrier – now confirmed – is significant for possible treatment of central nervous system diseases LXRP may also be able to deliver micro nicotine doses, as per developing FDA policies LXRP completes formation of wholly owned subsidiary, Lexaria Nicotine Corp., to better commercialize opportunities The company is a technology disrupter and has applied for new U.S. patent on its delivery process; it plans to out-license and develop future products Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) patented DehydraTECH™ drug delivery platform has been confirmed in analysis of a second generation lab study on 40 rats…

WednesdaySep 05, 2018 1:27 pm

Sugarmade, Inc. (SGMD) Establishing Strong Position in Billion-Dollar Hemp Industry

Sugarmade announces $1 million investment in hemp company growing ultra-high CBD industrial hemp Sugarmade CEO becomes Hempistry advisor, shareholder ‘Lucrative’ supply agreement offers tremendous opportunity in fast-growing sector One of the largest publicly traded hydroponics supply companies, Sugarmade, Inc. (OTC: SGMD) is joining the ranks of savvy businesses that have chosen to enter the burgeoning hemp market. Last year, the U.S. hemp industry topped out at an impressive $820 million in revenue, and that total is expected to reach more than $1 billion by the end of 2018, with a 14 percent compound annual growth rate forecast through 2022. Sugarmade…

WednesdaySep 05, 2018 1:00 pm

Youngevity International, Inc. (NASDAQ: YGYI) Enters the Cannabis Market with New Product Line

Enters the $7.7B cannabis market with new product line HempFX™ Introduced three new proprietary blends of hemp-derived cannabinoid products Official launch will take place in October 2018 Over 20 years ago, Youngevity International, Inc. (NASDAQ: YGYI) was founded around one central question: How can we live younger, longer? Since then, YGYI has prided itself on developing the highest quality and most well-researched nutritional products. Now a leading omni-direct lifestyle company, YGYI is putting people on a holistic path to better health. Already offering products in the eight top selling retail categories (health/nutrition, home/family, food/beverage (including coffee), spa/beauty, fashion, essential oils, photo and…

WednesdaySep 05, 2018 11:28 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Displays Scale as it Reports Q2 2018 Results

Scaling up to become the largest organic cannabis brand in the world Grow facilities in Canada, Denmark and Jamaica to produce 195,000 kg of cannabis annually Announced $25.8 million acquisition of HemPoland adds gateway to huge European market Ecommerce giant Shopify to build online sales platform With the release of its Q2 2018 results, a sterling performance by The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is on display (http://ibn.fm/RU5Nj). The string of achievements announced in the report shows that the company, a producer of organic, pesticide-free medical cannabis, is well on its way to realizing management’s vision of…

TuesdaySep 04, 2018 12:01 pm

Marifil Mines Ltd. (TSX.V: MFM) (OTCQB: MFMLF) Set to Enter Supply Chain as IMF and EV Motor Industry Worry About Access to “Clean” Cobalt

Over half the world’s cobalt is currently mined in the Democratic Republic of the Congo, where political instability and ethically-challenging labor conditions cause major concern for investors and international consumers Marifil holds mining claims to 15,250 hectares (37,700 acres) of land in South America’s famed ‘Lithium Triangle’, with other properties in central and southwest Argentina focusing mainly on cobalt, lithium and gold Lithium-ion battery market set to reach $68 billion, while EV industry is expected to be worth almost $128 billion by 2022 As Marifil Mines Ltd. (TSX.V: MFM) (OTCQB: MFMLF) moves into position to take its role in the…

TuesdaySep 04, 2018 11:37 am

Earth Science Tech, Inc. (ETST) Expanding Reach and Products Globally

Strategically positioned to be a global leader in the CBD space Expands CBD chocolate product line and provides accessibility to consumers in convenience stores across the U.S. Joint ventures globally in nutraceuticals, pharmaceuticals and medical device products Earth Science Tech, Inc. (OTC: ETST) is a Florida-based biotechnology company focused on cannabis (industrial hemp) and cannabinoid research and development, nutraceuticals, pharmaceuticals and medical devices. The company operates through three wholly owned subsidiaries – Earth Science Pharmaceutical Inc., Cannabis Therapeutics Inc. and KannaBidioiD, Inc. – each of which are equally invested in developing the company’s role as a global leader in the…

TuesdaySep 04, 2018 11:13 am

Net Element, Inc. (NASDAQ: NETE) Subsidiary and Payment Club Raise $7M to Expand Subscription-Based Payment Processing Service

Payment Club operates cashless processing services on subscription-based model Payment Club co-founders raise $7 million for expansion plans Net Element, Inc. (NASDAQ: NETE) subsidiary Unified Payments is launching subscription-based payment processing services through a partnership with Payment Club, Inc. that raised $7 million to finance the latter’s expansion plans (http://ibn.fm/X6PF9). Net Element develops multi-channel electronic payment solutions, among which is Unified Payments, a flexible mobile point-of-sale system that enables small and mid-sized businesses to accept cashless payments. Payment Club provides payment processing services on a subscription-based model. Its co-founders recently announced completion of a $7 million financing deal. With the financial…

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