Breaks Categories: News

ThursdayNov 10, 2022 2:15 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces First-Ever Study Exploring Therapeutic Use of DehydraTECH-CBD in Dementia

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, is starting a new study program — DEM-A22-1 — on Nov. 15, 2022. The study, a first for Lexaria, will evaluate whether LEXX’s DehydraTECH-processed cannabidiol (“CBD”) may have potential for therapeutic treatment for dementia. According to the announcement, Lexaria has previously shown the efficacy of DehydraTECH-CBD in studies focused on human hypertension; the studies showed no serious side effects. Lexaria is exploring the potential for dementia based on previous clinical studies that have established connections between hypertension and dementia: specifically, that individuals who have high blood pressure are more likely…

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ThursdayNov 10, 2022 2:01 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FSE: 0K9A) Announces Dismissal of Claim by Former CEO

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FSE: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions to address ailments affecting millions worldwide, has announced the Nov. 9, 2022, dismissal of the claim for USD $30.2 million brought by the company’s former CEO, Dr. Raza Bokhari. Dr. Bokhari had claimed that he had been wrongfully dismissed. The arbitrator hearing the claim dismissed it in its entirety and ordered Dr. Bokhari to repay certain monies to FSD Pharma, while also holding Dr. Bokhari responsible for FSD Pharma’s costs of the arbitration. “The outcome of the arbitration…

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ThursdayNov 10, 2022 1:55 pm

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Reports Majority of Franchise Global Health (TSX.V: FGH) Shareholders Approve Acquisition

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, is one step closer to completing its previously announced acquisition of Franchise Global Health (TSX.V: FGH). FLGC announced that holders of more than 73% of the outstanding shares of FGH have agreed to vote their shares in favor of Flora’s acquisition of FGH; the voting will take place during FGH’s special meeting of shareholders, scheduled for Dec. 13, 2022. The completion of the acquisition remains subject to customary closing conditions, including approval of the plan of arrangement by the Supreme Court of British Columbia…

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ThursdayNov 10, 2022 1:29 pm

NetworkNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Announces Progress on Clinical Path for CYB004

Cybin (NYSE American: CYBN) (NEO: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(R), today announced progress on its CYB004-E Phase 1 trial evaluating N,N-dimethyltryptamine (“DMT”). According to the update, dosing has been completed for four out of five participant cohorts, and The Safety Review Committee has confirmed no clinically significant safety or tolerability issues. The trial was acquired from Entheon Biomedical Corp. in July 2022. “The acquisition of the Phase 1 DMT study was done with an eye toward informing and accelerating the clinical path forward for CYB004, and we are very pleased with the progress so far,”…

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ThursdayNov 10, 2022 12:07 pm

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) to Present at ‘Exploring the Neuroprotective Qualities of Rare Cannabinoids’ Webinar Event

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development and manufacturing of rare cannabinoids and cannabinoid analogs, today announced that its CEO Eric A. Adams and SVP of Preclinical Research and Development Eric Hsu will present at Tribe Public’s upcoming webinar presentation and Q&A event. Titled “Exploring the Neuroprotective Qualities of Rare Cannabinoids,” the event is scheduled to begin at 8:30 a.m. Pacific Time on Nov. 17, 2022. Interested parties should visit https://nnw.fm/E1UYQ to register for and join the complimentary, Zoom webinar-based event. Once registered, participants may begin forwarding their questions for InMed’s management to Tribe Public at…

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ThursdayNov 10, 2022 11:43 am

NetworkNewsBreaks – Vision Hydrogen Corp. (VIHDD) Inks Cooperation Agreement with Linde (NYSE: LIN)

Vision Hydrogen (OTCQB: VIHDD), a renewable energy company developing carbon-reduced hydrogen solutions for the commercial, industrial and transportation sectors, is partnering with Linde plc (NYSE: LIN) to fast-track its work on the Green Energy Terminal in North Sea Port of Vlissingen, the Netherlands. The cooperation agreement calls for Evolution Terminals BV, VIHDD’s wholly owned subsidiary, to work with Linde in delivering preliminary front-end engineering and design (“FEED”) services for the pioneering project. Those FEED services will include the design and engineering for storage of 150,000 cubic meters of green ammonia (“NH3”) as well as loading facilities for trucks, barges and ships;…

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ThursdayNov 10, 2022 11:38 am

NetworkNewsBreaks – Tingo Inc. (TMNA) Announces Launch of Operations in Ghana, Entry into Landmark Trade Deal with the Kingdom of Ashanti

Tingo (OTC: TMNA) today announced that Tingo Mobile PLC (“Tingo Mobile”) has opened a head office in Accra, Ghana, and has launched nationwide operations. According to the update, Tingo Mobile’s business in Ghana is held through a wholly owned subsidiary, Tingo Mobile Ghana Ltd (“Tingo Ghana”). To coincide with the launch, Tingo Ghana has agreed on a landmark trade deal with the Kingdom of Ashanti, through the Ashanti Kingdom Investment Trust. Under the terms, the Ashanti Kingdom Investment Trust has committed to enroll a minimum of 2 million new members with Tingo within 120 days of signing and has agreed…

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ThursdayNov 10, 2022 11:03 am

NetworkNewsBreaks – FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Announces Completion of Critical Milestones to Prepare for Rapid Growth

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) today issued a series of updates, news releases and images to share its progress as it enters the final assembly and validation phase of its on-farm, containerized green ammonia production system. Critical milestones, including the building its team and completing its initial manufacturing facility, R&D lab and new corporate headquarters are enabling the company to expedite the commercialization of its products. “At the same time that we’ve been working on our first demonstration system, we’ve been preparing our company to handle rapid growth. We knew early on that we needed to assemble a powerful team…

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WednesdayNov 09, 2022 2:23 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Deploys 25 More ASRs, K1 Blue Light Towers Across the US

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots, announced that it has activated more machines across the country. According to the announcement, the deployed equipment consists of ASRs and one of Knightscope’s newest products, the K1 Blue Light Tower. Deployment locations include another California resort and casino, a privately owned global real estate investment, a development and management firm with 634 properties, a Colorado-based community-focused real estate and infrastructure owner, operator, lender and developer, as well as an Ohio college. The press release reads, “Today’s announcement reinforces Knightscope’s continued commitment to accelerate growth and make the United States…

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WednesdayNov 09, 2022 2:10 pm

NetworkNewsBreaks – Tingo Inc. (TMNA) Announces Filing of Definitive Information Statement to Merge with MICT

Tingo (OTC: TMNA), a leading agri-fintech business in Africa, has filed a Definitive Information Statement with the U.S. Securities and Exchange Commission (“SEC”). The statement outlines the completion of the merger between Tingo Mobile PLC, a wholly owned Tingo subsidiary, with MICT Inc., a NASDAQ-traded financial technology company; the merger should be complete by the end of this month. Once the merger is finalized, MICT will issue Tingo shares of its common stock equal to 19.9% of MICT’s outstanding shares along with Series A and Series B convertible preferred stock. According to the announcement, MICT does plan to seek both shareholder…

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