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ThursdayJul 30, 2020 12:24 pm

NetworkNewsBreaks – Cannabis Global, Inc. (MCTC) Outlines Parameters for Upcoming Research Designed to Study Effectiveness of THC-V in Weight Loss

Cannabis Global (OTC: MCTC), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, recently updated its shareholders regarding selected protocols for its planned animal study. MCTC will conduct research focused on determining if the administration of rare cannabinoid Tetrahydrocannabivarin (THC-V) promotes appetite suppression and/or weight loss in diet-induced obese mice. “This study is a first step to investigate if THC-V is, in fact, a weight loss or appetite suppressant,” said Cannabis Global CEO Arman Tabatabaei in a press release. “While the popular and industry press widely outlines THC-V as such, scientific research is severely lacking. We plan to…

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ThursdayJul 30, 2020 12:00 pm

NetworkNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Shared Insight at First Online Festival Dedicated to Product Marketing in Asia Pacific Region

iClick Interactive Asia Group (NASDAQ: ICLK) recently presented a keynote speech on data-driven marketing in China at the Product Marketing Alliance's Product Marketing Festival in APAC. Held from July 29 to July 30, 2020, the event is the world's first and only online festival dedicated to product marketing in the Asia Pacific region. "While there is tremendous potential in the Chinese digital advertising market for international brands to build market share, long-term success requires a customized strategy specifically adapted to China's complex market and cultural landscape," Frankie Ho, president of International Business at iClick, stated in the news release. "iClick…

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ThursdayJul 30, 2020 11:15 am

NetworkNewsBreaks – Tongji Healthcare Group, Inc. (TONJ) Announces New Board Member

Tongji Healthcare Group (OTC: TONJ), today announced the appointment of Gary Marenzi as an independent director. According to the update, Marenzi, 64, previously held the role of president of Paramount International Television, MGM Worldwide Television and ITV. He was instrumental in raising capital for MGM during its growth year in 2008 and assisted ITV’s over-the-top (“OTT”) channel acquire the rights to distribute James Bond. Marenzi launched multiple global content franchises and is an active board member of the Hollywood Radio & TV Society (“HRTS”). He has also served on the Executive Committees of the National Association of Television Program Executives…

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ThursdayJul 30, 2020 10:51 am

NetworkNewsBreaks – The Movie Studio Inc. (MVES) Submits Application for Registered Trademark, Protecting Company Brand and IP in ‘Exploding’ Universe

The Movie Studio (OTC: MVES), a first mover and disruptor of the fast-expanding video, advertiser and subscriber on demand (VOD, AVOD, SVOD) sector, announced that it has submitted an official application to the U.S. Patent and Trademark Office (“USPTO”) for the purpose of protecting its name, brand, and logo, as well as the legal right and association of its intellectual property. “The pending trademark of ‘The Movie Studio’ fulfills our objective as we enter the second tier of the digital revolution,” said MVES president and CEO Gordon Scott Venters in a statement. “We have confidence in the value proposition of…

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ThursdayJul 30, 2020 10:26 am

NetworkNewsBreaks – Jerrick Media Holdings Inc. (JMDA) Appoints Mark Standish as Chairman of the Board

Jerrick Media Holdings (OTCQB: JMDA), a technology company and the parent company of Vocal, today announced that Mark Standish formally assumed the duties and responsibilities of chairman of Jerrick's Board of Directors, by its unanimous vote, at a recent meeting held following the Company's 2020 Annual Meeting of Shareholders. Mark Patterson and Laurie Weisberg also officially began their tenure as independent board directors. With these three new appointments now in effect, Jerrick has already begun benefiting from the board's network, collective experience and proven capacity to propel its revenue growth and align resources to successfully execute its strategic vision. "In…

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ThursdayJul 30, 2020 9:59 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces New Financing, Amendment to Securities and Shares for Debt

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, on Wednesday announced the receipt of an irrevocable subscription agreement from an arm’s length lender. According to the update, the agreement was for a $150,000 principal amount (including a 20% original ‎issue discount) convertible debenture and warrants exercisable for up to ‎3,033,980‎ common shares ‎of the company at $0.0412 per share for 12 months. The debenture will bear no interest and have a term of 12 months. At the holder’s option, the purchase price of the debenture…

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ThursdayJul 30, 2020 9:32 am

NetworkNewsBreaks – Alkermes plc (NASDAQ: ALKS) Featured in Mizuho Securities Research Report

Alkermes plc (NASDAQ: ALKS) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Alkermes is the commercial-stage company in our coverage that faced some of the most pressure in 1Q20 from the COVID-19 pandemic, as sales of key products Aristada and Vivitrol (both of which need to be administered to patients by healthcare professionals) suffered and the company pulled its FY 2020 guidance. Things seem to be stabilizing now, with the company delivering 2Q20 results that beat expectations on the top and bottom line and reinstating FY 2020 guidance that brackets Consensus.…

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WednesdayJul 29, 2020 2:07 pm

NetworkNewsBreaks – Cybin Corp. to Deliver Psychedelic Medicines Targeting Conditions Failed by Big Pharma

Cybin Corp. appears set for opportunity as new data increasingly finds promise in psychedelic medicines. As big pharma has failed to bring groundbreaking drug innovations into the mental-health space, psilocybin — the main compound of pharmaceutical psychedelic products — stands out, having shown positive results for the treatment of anxiety, depression, addiction, and eating and other disorders. A recent article discussing the company’s positioning reads, “Cybin is potentially poised to be the first company to develop psilocybin-based medicine designed to target major depressive disorders. Currently involved in structuring a clinical study that will be conducted through an academic partner in…

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WednesdayJul 29, 2020 12:43 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Prepares to Enter Sector as REEs Gain ‘Hot-Topic’ Status

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium producer in the United States and the leading producer of vanadium, finds itself in an ideal position as the company prepares to enter the rare earth elements (“REE”) sector. Earlier this year, Energy Fuels announced its entry into REEs — a space with growing interest that was highlighted in a recent “Forbes” article, which reads, “[REEs are] an awfully hot topic right now for two reasons. First, they’re increasingly in demand for critical modern technologies, ranging from computer hard drives and cell phones, to new-tech applications such as batteries for…

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WednesdayJul 29, 2020 12:38 pm

NetworkNewsBreaks – Eastman Kodak Co. (NASDAQ: KODK) Stock Heads Skyward after Company Receives First-of-Its-Kind Government Loan

Eastman Kodak Co.’s (NASDAQ: KODK) stock tripled following the announcement that the once-bankrupt company had received a $765 million loan from the Trump administration to fund a pharmaceutical ingredients company. A MarketWatch article written by Jaimy Lee noted that “Kodak, which is based in Rochester, N.Y., and has a long history of manufacturing chemicals used in photographic film, now plans to support ‘America’s self-sufficiency in producing the key pharmaceutical ingredients we need to keep our citizens safe,’ Kodak’s executive chairman, Jim Continenza, said in a statement.” The article, titled “Kodak’s stock triples as company announces pandemic plan to start making…

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