- InMed Pharmaceuticals has filed an international patent application that specifies a rare cannabinoid that may inhibit or slow the progression of neurodegenerative disease and potentially enhance the neuronal function
- With neurogenerative diseases affecting millions worldwide and the cost of treating patients expected to rise in the future, finding treatments and cures is a matter of increasing urgency
- InMed’s patent application is a promising start, expanding the company’s patent portfolio, which currently includes twelve patent families
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Cybin (NYSE American: CYBN) (NEO: CYBN) CEO Presenting at Jefferies London Healthcare Conference
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Lottery.com’s (NASDAQ: LTRY) WinTogether.org Announces Campaign with Music4ClimateJustice
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Mullen Automotive Inc. (NASDAQ: MULN) Announces Merger Completion, New Appointments
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its reverse merger transaction with Net Element is now complete. According to the update, the combined company will operate under the name Mullen Automotive Inc., with shares of Mullen Automotive now trading on the Nasdaq Capital Market under the ticker symbol MULN. “We are excited to have completed this merger and our transition to a public company and welcome the Net Element shareholders to Mullen,” said Mullen Automotive CEO and Chairman David Michery. “With the completion of this corporate action, we believe that we are well positioned to continue to further develop our electric vehicle technologies and advance the development and deployment of our previously announced vehicles.”
In addition, the company announced its appointment of Dr. Marc Papakyriakou as Battery R&D Manager, Dr. George Qingyuan Hu as Vehicle Program Manager — China Operations and Jillian Green as VP of Business & Legal Affairs. “I am very pleased to have Jillian, Marc and George on board. Their expertise is a great addition to the Mullen team and comes at a crucial time for the organization, as we just listed on the NASDAQ last week through a reverse merger with Net Element Inc.,” Michery said in the news release. “Our business is scaling quickly, and we will continue to ramp up the ranks of our team as necessary.”
To view the full news releases, visit https://ibn.fm/AP7Ui and https://ibn.fm/HdkPN
About Mullen Automotive Inc.
Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership. For more information about the company, visit www.MullenUSA.com.
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Save Foods Inc. (NASDAQ: SVFD) Prepared for Launch of Sales Effort in California
Save Foods (NASDAQ: SVFD), an agrifood tech company focused on developing and selling eco-friendly products specifically designed to extend the shelf life and ensure the safety of fresh fruits and vegetables, recently announced the registration of its product, SavePROTECT(TM), by the California Department of Pesticide Regulation (“CDPR”). “California is one of the most influential consumer and regulatory markets in the world, certainly the largest in the United States, so getting SavePROTECT approved by the CDPR is a major milestone for us,” said Dr. Neta Matis, the chief operation officer of Save Foods Ltd., the company’s Israeli subsidiary. “We are now free to reach out to growers, packing houses and other stakeholders that have watched our success in Mexico, Europe and Israel but needed the stamp of approval from the CDPR to use our products. We are prepared to launch our marketing and sales efforts in California immediately.”
To view the full press release, visit https://ibn.fm/GaYOR
About Save Foods Inc.
Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agri-food-tech industry: food waste and loss and food safety. The company is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, Save Foods develops new solutions that benefit the entire supply chain and improve the safety and quality of life of both workers and the consumers alike. Save Foods’ initial applications are in post-harvest treatments in fruit and vegetable packing houses processing citrus, avocados, pears, bell peppers and mangos. By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods products not only prolong fresh produce shelf life and reduce food loss and waste, but also help to ensure a safe, natural and healthy product. For more information about the company, visit www.SaveFoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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Nemaura Medical Inc. (NASDAQ: NMRD) Extending Tech, Programs Beyond Traditional Diabetes Market
Nemaura Medical (NASDAQ: NMRD), a cutting-edge medical technology company, recently conducted the beta launch of MiBoKo, a new proprietary metabolic health program designed to utilize a non-invasive glucose sensor and an AI-based mobile application. The MiBoKo application is designed to measure and monitor the user’s metabolic health scores based on glucose tolerance and insulin resistance. The cutting-edge program provides users with personalized information by tracking their metabolism when the app and sensor are used in conjunction with one another. In addition to receiving real-time updates on their metabolic health scores, MiBoKo users will be eligible to receive weekly and monthly reports illustrating the changes in their metabolic health scores as well as providing a breakdown of how individual habits were impacting their overall health and wellbeing. A recent article quotes Nemaura CEO Dr. Faz Chowdhury as saying, “With MiBoKo, we are able to extend our proprietary non-invasive device and sensor technology and interactive lifestyle and AI coaching programs beyond the traditional diabetes market and into an adjacent, yet separate, market application of metabolic health.”
To view the full article, visit https://ibn.fm/MNSif
About Nemaura Medical Inc.
Nemaura Medical is a medical technology company developing and commercializing noninvasive wearable diagnostic devices. The company is currently commercializing sugarBEAT(R) and proBEAT(TM). sugarBEAT, a CE mark approved Class IIb medical device, is a non-invasive and flexible continuous glucose monitor (“CGM”) providing actionable insights derived from real-time glucose measurements and daily glucose trend data, which may help people with diabetes and pre-diabetes to better manage, reverse and prevent the onset of diabetes. Nemaura has submitted a Premarket Approval Application (“PMA”) for sugarBEAT to the U.S. FDA. proBEAT combines non-invasive glucose data processed using artificial intelligence and a digital health care subscription service and has been launched in the U.S. as a general wellness product as part of its BEAT(R) diabetes program. The company sits at the intersection of the global type 2 diabetes market that is expected to reach nearly $59 billion by 2025, the $50+ billion pre-diabetic market, and the wearable health-tech sector for weight loss and wellness applications that is estimated to reach $60 billion by 2023. For more information, please visit www.NemauraMedical.com.
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Tesla Inc. (NASDAQ: TSLA) Setting Standard for EVs, VW Boss Admits
The electric vehicle (“EV”) industry as we know it probably wouldn’t have existed if it wasn’t for Tesla (NASDAQ: TSLA). When the California-based EV maker first unveiled the Tesla Roadster in 2008, the Toyota Prius was the only vehicle on the market that had an electric motor. The Roadster was the first highway-legal, mass-produced all electric vehicle and, interestingly, the first production vehicle to be launched into deep space. More than a decade later after the Roadster revolutionized vehicular transportation, Tesla is the largest EV maker and the most valuable car company in the world.
Without a doubt, Tesla is at the top of the EV game. Volkswagen boss Herbet Diess is of the same opinion, recently stating that Tesla, which recently joined the exclusive trillion-dollar club, is setting the global standard for electric vehicles. Tesla’s CEO and multibillionaire Elon Musk recently spoke to Volkswagen executives via video link, with Diess confirming that Musk accepted his invite on Twitter and in a LinkedIn post. He said that Musk…
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AnPac Bio-Medical Science Co. Ltd. (NASDAQ: ANPC) to Begin Proposed Public Offering
AnPac Bio-Medical Science (NASDAQ: ANPC), a biotechnology company with operations in China and the United States focused on early cancer screening and detection, announced that it is starting an underwritten public offering; the offering is comprised of ANPC’s American Depositary Shares and is subject to market and other conditions. The announcement noted that there is no assurance regarding when the offering may be completed, what the size of the offering is or terms of the offering. The company is providing copies of the prospectus supplement and other material relating to the offering.
To view the full press release, visit https://ibn.fm/32ZGF
About AnPac Bio-Medical Science Co. Ltd.
AnPac Bio is a biotechnology company focused on early cancer screening and detection, with 148 issued patents as of June 30, 2021. With one CLIA- and CAP-registered clinical laboratory in the United States and two certified clinical laboratories in China, AnPac Bio performs a suite of cancer screening and detection tests, including Cancer Differentiation Analysis (“CDA”), biochemical, immunological and genomics tests. According to Frost & Sullivan’s report issued in 2020, AnPac Bio ranked third worldwide among companies offering next-generation, early cancer screening and detection technologies in terms of the number of clinical samples for cancer screening and detection in 2019. The company has a significant cancer screening and detection database consisting of approximately 43,900 clinical samples as of March 31, 2021. AnPac Bio’s CDA technology platform has been shown in retrospective validation studies to detect the risk of more than 20 different cancer types with high sensitivity and specificity. For more information about the company, visit www.AnPacBio.com
NOTE TO INVESTORS: The latest news and updates relating to ANPC are available in the company’s newsroom at https://ibn.fm/ANPC
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Lucid Group Inc. (LCID): The Winning Streak Continues
Shares of Lucid Group Inc. (NASDAQ:LCID) traded today at $48.04, eclipsing its 12-month high. Approximately 36 million shares have changed hands today, as compared to an average 30-day volume of 61.9 million shares.
In the past 52 weeks, Lucid Group Inc. share prices are bracketed by a low of $16.12 and a high of $48.04 and are now at $43.56, 170% above that low price.
Lucid Group Inc. is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.
Lucid Group Inc. is currently priced 4.3% above its average consensus analyst price target of $41.67.
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Cybin (NEO: CYBN) (NYSE American: CYBN) to Release Q2 2021 Results on November 15
Cybin (NEO: CYBN) (NYSE American: CYBN), a biotechnology company focused on progressing Psychedelics to Therapeutics(TM), is planning to release its Q2 2021 financial report on Nov. 15, 2021. The report will cover the period ended Sept. 30, 2021. The company is also planning on hosting a conference call and webcast the same day, which is scheduled to begin at 4:30 p.m. EST. The call will be hosted by Cybin CEO Doug Drysdale and will provide an overview of the financial results along with relevant business updates. In addition, Drysdale and other team members will answer questions during the call. Those who want to participate in the call can dial 1-844-200-6205 toll free in the United States and 1-833-950-0062 toll free in Canada; the call code is 727873. An archived version of the call will also be available on the company’s investor relations site under the events & presentations page.
To view the webcast, visit https://ibn.fm/pc8F8
To view the full press release, visit https://ibn.fm/NaKXd
About Cybin Inc.
Cybin is a leading ethical biopharmaceutical company, working with a network of world-class partners and internationally recognized scientists, is on a mission to create safe and effective therapeutics for patients to address a multitude of mental health issues. Headquartered in Canada and founded in 2019, Cybin is operational in the United States, United Kingdom and Ireland. The company is focused on progressing psychedelics to therapeutics by engineering proprietary drug-discovery platforms, innovative drug-delivery systems, novel formulation approaches and treatment regimens for mental health disorders. For more information, visit the company’s website at www.Cybin.com.
NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN
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PsychedelicNewsWire (PNW) is a specialized content distribution company that (1) aggregates and distributes news and information on the latest developments in all aspects and advances of psychedelics and their use, (2) creates PsychedelicNewsBreaks designed to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics.
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Vivos Therapeutics Inc. (NASDAQ: VVOS) to Release Q3 2021 Results on November 15
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SRAX Inc. (NASDAQ: SRAX) Successfully Hosts 2021 LD Micro Main Event
- SRAX hosted the 2021 LD Micro Main Event between October 12-14, 2021
- Marking a return to an in-person conference after nearly 2 years, the event was held at both, Los Angeles’ Luxe Sunset Bel Air Hotel as well as in a virtual format
- The conference featured 139 companies in attendance, each of whom carried out a 25-minute presentation for the public
- The LD Micro Main Event is the latest highlight within an extensive conference series designed by SRAX and Sequire to offer added value to their burgeoning investor community.
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Save Foods Inc. (NASDAQ: SVFD) Announces Expansion of Commercial Program in Turkey
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AnPac Bio-Medical Science Co. Ltd. (NASDAQ: ANPC) to Present at Q4 Investor Summit
AnPac Bio-Medical Science (NASDAQ: ANPC), a biotechnology company with operations in China and the United States focused on early cancer screening and detection, announced its participation in the Q4 Virtual Investor Summit, slated for Nov. 16–17, 2021. According to the announcement, AnPac head of investor relations, Phil Case, will present at the two-day event; AnPac’s presentation will begin at 3:30 p.m. ET on Nov. 17. Case will provide an overview of the company, including a look at how Anpac Bio is democratizing early cancer screening and detection; he will also be available for one-on-one meetings with qualified investors. The company noted that existing early cancer screening and detection methods offer limited clinical utility and show average to nonexistent performance. The company provides its own novel and comprehensive platform featuring Cancer Differentiation Analysis (“CDA”) technology for cancer screening and detection. The technology measures biophysical properties designed to identify cancer and precancerous diseases as early as possible while also determining personalized cancer risk.
To view the presentation, visit https://ibn.fm/Dr6EM
To view the full press release, visit https://ibn.fm/O2BQf
About AnPac Bio-Medical Science Co. Ltd.
AnPac Bio is a biotechnology company focused on early cancer screening and detection, with 142 issued patents as of March 31, 2021. With one CLIA- and CAP-registered clinical laboratory in the United States and two certified clinical laboratories in China, AnPac Bio performs a suite of cancer screening and detection tests, including Cancer Differentiation Analysis (“CDA”), biochemical, immunological and genomics tests. According to Frost & Sullivan’s report issued in 2020, AnPac Bio ranked third worldwide among companies offering next-generation, early cancer screening and detection technologies in terms of the number of clinical samples for cancer screening and detection in 2019. The company has a significant cancer screening and detection database consisting of approximately 43,900 clinical samples as of March 31, 2021. AnPac Bio’s CDA technology platform has been shown in retrospective validation studies to detect the risk of more than 20 different cancer types with high sensitivity and specificity. For more information about the company, visit www.AnPacBio.com
NOTE TO INVESTORS: The latest news and updates relating to ANPC are available in the company’s newsroom at https://ibn.fm/ANPC
About BioMedWire
BioMedWire (BMW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) BioMedNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. BMW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled visibility, recognition and brand awareness. BMW is where news, content and information converge.
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Watch for Continued Gains in Shares of Choice Hotels International Inc. (CHH)
Shares of Choice Hotels International Inc. (NYSE:CHH) traded today at $152.07, eclipsing its 12-month high. Approximately 167,000 shares have changed hands today, as compared to an average 30-day volume of 275,000 shares.
Choice Hotels International Inc. defies analysts with a current price ($151.10) 42.9% above its average consensus price target of $86.27.
In the past 12 months, Choice Hotels International Inc. share prices are bracketed by a low of $92.19 and a high of $152.07 and is now at $151.10, 64% above that low price.
As of June 30, 2021, Choice Hotels operated 601,245 rooms across 13 brands addressing the economy and midscale segments. Comfort Inn and Comfort Suites are the largest brands (28% of the company’s total domestic rooms), while Ascend and Cambria (8% of total domestic rooms) are newer lifestyle and select-service brands experiencing strong demand prior to COVID-19. Choice added its 13th brand with the launch of extended-stay brand Everhome in January 2020. Franchises are 99% of total revenue, and the United States represents 78% of total rooms.
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Equifax Inc. (EFX) Looks to Continue to Trade Above its Annual-High Share Price Today
Shares of Equifax Inc. (NYSE:EFX) traded today at $287.62, eclipsing its 12-month high. This new high was reached on below average trading volume as 89,000 shares traded hands, while the average 30-day volume is approximately 625,000 shares.
Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax’s credit reports provide credit histories on millions of consumers, and the firm’s services are critical to lenders’ credit decisions. In addition, about a third of the firm’s revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.
In the past 12 months, Equifax Inc. share prices are bracketed by a low of $149.51 and a high of $287.62 and are now at $284.79, 90% above that low price.
Based on a current price of $284.79, Equifax Inc. is currently 25.0% above its average consensus analyst price target of $213.70.
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Expedia Group Inc. (EXPE): The Winning Streak Continues
Shares of Expedia Group Inc. (NASDAQ:EXPE) traded today at $191.81, eclipsing its 12-month high. Approximately 633,000 shares have changed hands today, as compared to an average 30-day volume of 2.2 million shares.
Expedia Group Inc. share prices have moved between a 12-month high of $191.81 and a 12-month low of $100.52 and are now trading 86% above that low price at $187.45 per share.
Potential upside of 74.4% exists for Expedia Group Inc., based on a current level of $187.45 and analysts’ average consensus price target of $326.97.
Expedia is the world’s largest online travel agency by bookings, offering services for lodging (78% of total 2020 sales), air tickets (2%), rental cars, cruises, in-destination, and other (12%), and advertising revenue (8%). Expedia operates a number of branded travel booking sites, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, AirAsia, Egencia, and Vrbo. It has also expanded into travel media with the acquisition of Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
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Lottery.com (NASDAQ: LTRY) Developing Blockchain Gaming Platform
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SRAX Inc. (NASDAQ: SRAX) Will Present at 2021 Ladenburg Virtual Tech Expo
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Cybin’s (NYSE American: CYBN) (NEO: CYBN) CYB003 Demonstrates Advantages over Oral Psilocybin for Mental Health
Cybin (NYSE American: CYBN) (NEO: CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics(TM),” today announced positive CYB003 pre-clinical findings. According to the update, the findings demonstrate multiple advantages for Cybin’s newly developed novel deuterated psilocybin analog over oral psilocybin for the treatment of mental health. “Multiple academic studies have shown that psilocybin may have the potential to revolutionize mental health care, but few companies have addressed the well-known limitations and side effects of oral psilocybin,” said Cybin’s CEO Doug Drysdale in the news release. “Cybin has always strived to develop safer and more effective therapies for patients, which has guided our multiple psilocybin programs: CYB001, CYB002 and CYB003.”
To view the full press release, visit https://ibn.fm/z46x9
About Cybin Inc.
Cybin is a leading ethical biopharmaceutical company working with a network of world-class partners and internationally recognized scientists on a mission to create safe and effective therapeutics for patients to address a multitude of mental health issues. Headquartered in Canada and founded in 2019, Cybin is operational in the U.S., U.K. and Ireland. The company is focused on progressing “Psychedelics to Therapeutics(TM)” by engineering proprietary drug discovery platforms, innovative drug delivery systems, novel formulation approaches and treatment regimens for mental health disorders. For more information, visit the company’s website at www.Cybin.com.
NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN
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Watch for Continued Gains in Shares of Simon Property Group Inc. (SPG)
Simon Property Group Inc. (NYSE:SPG) traded today at a new 12-month high of $170.91. This new high was reached on below average trading volume as 556,000 shares traded hands, while the average 30-day volume is approximately 2.1 million shares.
Simon Property Group Inc. defies analysts with a current price ($168.27) 42.4% above its average consensus price target of $96.93.
Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 106 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), four lifestyle centers, and 14 other retail properties. Simon’s portfolio averaged $693 in sales per square foot over the past 12 months. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 29 premium outlets across 11 countries.
In the past 52 weeks, shares of Simon Property Group Inc. have traded between a low of $61.64 and a high of $170.91 and are now at $168.27, which is 173% above that low price.
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Uranium Energy Corp. (UEC): The Winning Streak Continues
Shares of Uranium Energy Corp. (NYSE American:UEC) traded at a new 12-month high today of $4.59. This new high was reached on below average trading volume as 1.4 million shares traded hands, while the average 30-day volume is approximately 7.5 million shares.
Over the past year, Uranium Energy Corp. has traded in a range of $0.85 to $4.59 and is now at $4.50, 429% above that low.
Uranium Energy Corp. is engaged in the uranium mining and related activities, including exploration, pre-extraction, extraction and processing, on uranium projects located in the United States and Paraguay. In South Texas, the company’s hub-and-spoke operations are anchored by the fully licensed Hobson processing facility which is central to the Palangana, Burke Hollow and Goliad ISR projects. In Wyoming, it controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company controls a pipeline of uranium projects in Arizona, New Mexico and Paraguay, a uranium/vanadium project in Colorado and the highest-grade and largest undeveloped Ferro-Titanium deposits in the world, located in Paraguay.
Based on a current price of $4.50, Uranium Energy Corp. is currently 2.6% above its average consensus analyst price target of $4.38.
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SeaWorld Entertainment Inc. (SEAS) Looks to Continue to Trade Above its Annual-High Share Price Today
SeaWorld Entertainment Inc. (NYSE:SEAS) traded today at a new 12-month high of $70.48. Approximately 246,000 shares have changed hands today, as compared to an average 30-day volume of 820,000 shares.
SeaWorld Entertainment Inc. operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Sea Rescue, and Busch Gardens. Seaworld also operates a reservations-only attraction offering interaction with marine animals known as Discovery Cove and a seasonal park under the name Sesame Place. The company generates most of its revenue from selling admission to the theme parks.
SeaWorld Entertainment Inc. share prices have moved between a 12-month high of $70.48 and a 12-month low of $22.29 and are now trading 209% above that low price at $68.82 per share.
SeaWorld Entertainment Inc. has potential upside of 566.2% based on a current price of $68.82 and analysts’ consensus price target of $458.45.
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InvestorNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Announces Q3 2021 Financial Results Conference Call
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InvestorNewsBreaks – Save Foods Inc. (NASDAQ: SVFD) to Pursue Larger Scale Collab with UC Riverside
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InvestorNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Commences Trading on the Nasdaq
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Watch for Continued Gains in Shares of Nike Inc. (NKE)
Nike Inc. (NYSE:NKE) traded today at a new 12-month high of $174.98. Approximately 1.8 million shares have changed hands today, as compared to an average 30-day volume of 7.6 million shares.
Nike Inc. defies analysts with a current price ($173.73) 8.8% above its average consensus price target of $158.51.
In the past year, shares of Nike Inc. have traded between a low of $123.19 and a high of $174.98 and are now at $173.73, 41% above that low price.
Nike is the largest athletic footwear and apparel brand in the world. It designs, develops, and markets athletic apparel, footwear, equipment, and accessories in six major categories: running, basketball, soccer, training, sportswear, and Jordan. Footwear generates about two thirds of its sales. Nike’s brands include Nike, Jordan, and Converse (casual footwear). Nike sells products worldwide and outsources its production to more than 300 factories in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
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McDonald’s Corporation (MCD): The Winning Streak Continues
Shares of McDonald’s Corporation (NYSE:MCD) traded at a new 12-month high today of $252.49. Approximately 667,000 shares have changed hands today, as compared to an average 30-day volume of 2.8 million shares.
Based on a current price of $252.20, McDonald’s Corporation is currently 35.7% above its average consensus analyst price target of $162.17.
McDonald’s is the largest restaurant owner-operator in the world, with trailing 12 month system sales of $109 billion (as of the third quarter of 2021) across 39,680 stores and 119 countries. McDonald’s pioneered the franchise model, building its impressive footprint through partnerships with independent restaurant franchisees around the world. The firm earns nearly 60% of its revenue from franchise royalty fees and lease payments, with the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets. McDonald’s owns 55% of the real estate and 80% of the buildings in its franchise system, offering it substantial leverage in maintaining quality standards and consistency.
In the past year, shares of McDonald’s Corporation have traded between a low of $202.73 and a high of $252.49 and are now at $252.20, 24% above that low price.
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Watch for Continued Gains in Shares of Adobe Inc. (ADBE)
Adobe Inc. (NASDAQ:ADBE) traded today at a new 12-month high of $676.08. So far today approximately 406,000 shares have been exchanged, as compared to an average 30-day volume of 2.4 million shares.
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
Adobe Inc. share prices have moved between a 12-month high of $676.08 and a 12-month low of $420.78 and are now trading 60% above that low price at $673.24 per share.
Based on a current price of $673.24, Adobe Inc. is currently 14.7% above its average consensus analyst price target of $573.99.
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Lexaria Bioscience Corp. (NASDAQ: LEXX) Commences New Animal Study Evaluating Patented DehydraTECH(TM) Technology’s Efficacy in Reducing/Inhibiting Seizure Activity; Strengthens IP Portfolio
- Lexaria recently announced the commencement of EPIL-A21-1, an animal study to evaluate whether DehydraTECH-CBD has similar or superior efficacy in reducing or inhibiting seizure activity compared to FDA-approved seizure drug, Epidiolex
- The study will also compare DehydraTECH-CBD to generic CBD
- EPIL-A21-1 has entered early-stage preparatory work, with results expected in Q3 2022
- Lexaria received new patent awards in Mexico and Japan, strengthening its IP portfolio to 23 granted patents
PsychedelicNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Receives Schedule I Manufacturing License from DEA
Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing psychedelics to therapeutics(TM), has been granted a Schedule I manufacturing license from the U.S. Drug Enforcement Agency (“DEA”). Granted for Cybin’s research lab located in the Boston area, the license is required for investigators who plan to study, produce, analyze or otherwise work with Schedule I controlled substances. According to the announcement, the company is working to become a hub for innovation and drug discovery. Cybin has relied on in-house capabilities as well as globally licensed research organizations in the United States, Canada and the United Kingdom for most of its research and development (“R&D”). With the DEA license, the company anticipates expanding R&D efforts involving Schedule I compounds. The company also named Leah Gibson as its new vice president of investor relations. A life sciences investor relations leader, Gibson has more than 18 years of experience in corporate and shareholder communications as well as business strategy development. “We are pleased with the progression of our clinical and regulatory efforts since the company’s formation,” said Cybin’s CEO Doug Drysdale in the press release. “This new license further positions the company as a truly integrated biopharmaceutical company that can continue to work towards progressing Psychedelics to Therapeutics(TM).”
To view the full press release, visit https://ibn.fm/aCxxF
About Cybin Inc.
Cybin is a leading ethical biopharmaceutical company, working with a network of world-class partners and internationally recognized scientists on a mission to create safe and effective therapeutics for patients to address a multitude of mental health issues. Headquartered in Canada and founded in 2019, Cybin is operational in the United States, United Kingdom and Ireland. The company is focused on progressing Psychedelics to Therapeutics by engineering proprietary drug-discovery platforms, innovative drug-delivery systems, novel formulation approaches and treatment regimens for mental health disorders. For more information, visit the company’s website at www.Cybin.com.
NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN
About PsychedelicNewsWire
PsychedelicNewsWire (PNW) is a specialized content distribution company that (1) aggregates and distributes news and information on the latest developments in all aspects and advances of psychedelics and their use, (2) creates PsychedelicNewsBreaks designed to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics.
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InvestorNewsBreaks – Nemaura Medical Inc. (NASDAQ: NMRD) Announces Participation at Diabetes Technology Society Conference
Nemaura Medical (NASDAQ: NMRD) CEO Faz Chowdhury, PhD, will be presenting at annual meeting of the Diabetes Technology Society. The two-day meeting is slated for Nov. 5–6, 2021, with virtual workshops on Thursday, Nov. 4; Chowdury’s presentation is scheduled for Nov. 4, at 2 p.m. ET. The aim of the Diabetes Technology Society meeting is to connect technology developers with users in order to encourage and support the development of new tools to help people with diabetes. The meeting will also feature an update on current U.S. regulatory policies, presented by FDA officials. The format of the meeting is designed to provide opportunities for scientists and clinicians to interact and network. The agenda for the event includes lectures, oral presentations, panel discussions and virtual poster sessions. Nemaura is a medical technology company focused on developing and commercializing noninvasive wearable diagnostic devices and supporting personalized lifestyle coaching programs.
To register for the event, visit https://ibn.fm/BgjO6
To view the full press release, visit https://ibn.fm/yPe4P
About Nemaura Medical Inc.
Nemaura Medical is a medical technology company developing and commercializing noninvasive wearable diagnostic devices. The company is currently commercializing sugarBEAT(R) and proBEAT(TM). sugarBEAT, a CE mark-approved class IIb medical device, is a noninvasive and flexible continuous glucose monitor (“CGM”) that provides actionable insights derived from real-time glucose measurements and daily glucose trend data, which may help people with diabetes and prediabetes to better manage, reverse and prevent the onset of diabetes. Nemaura has submitted a premarket approval application (“PMA”) for sugarBEAT to the U.S. Food and Drug Administration (“FDA”). proBEAT combines noninvasive glucose data processed using artificial intelligence and a digital healthcare subscription service and has been launched in the United States as a general wellness product as part of NMRD’s BEAT diabetes program. Nemaura sits at the intersection of the global type 2 diabetes market that is expected to reach nearly $59 billion by 2025, the $50-plus billion prediabetic market, and the wearable health-tech sector for weight loss and wellness applications that is estimated to reach $60 billion by 2023. For more information about the company, visit www.NemauraMedical.com.
NOTE TO INVESTORS: The latest news and updates relating to NMRD are available in the company’s newsroom at https://ibn.fm/NMRD
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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR): The Winning Streak Continues
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) traded today at a new 12-month high of $9.86. This new high was reached on approximately average trading volume as 5.1 million shares traded hands, while the average 30-day volume is approximately 5.1 million shares.
Energy Fuels Inc. share prices have moved between a 12-month high of $9.86 and a 12-month low of $1.44 and are now trading 577% above that low price at $9.74 per share.
Energy Fuels Inc. is currently priced 20.0% above its average consensus analyst price target of $7.80.
Energy Fuels Inc., based in Lakewood, Colorado, is the country’s largest producer of uranium and the leading conventional producer of vanadium, both designated by the U.S. government as critical minerals. Energy Fuels also began production of rare earths in 2021 at a stage more advanced than any other U.S. company.
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Wells Fargo & Company (WFC) Looks to Continue to Trade Above its Annual-High Share Price Today
Wells Fargo & Company (NYSE:WFC) traded today at a new 12-month high of $52.41. So far today approximately 7.3 million shares have been exchanged, as compared to an average 30-day volume of 25.7 million shares.
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.
In the past 52 weeks, shares of Wells Fargo & Company have traded between a low of $21.17 and a high of $52.41 and are now at $52.21, which is 147% above that low price.
Wells Fargo & Company is currently priced 98.3% above its average consensus analyst price target of $0.89.
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100,000 Hertz EV Order Takes Tesla Inc. (NASDAQ: TSLA) Above $1 Trillion Valuation
Ever since California-based electric vehicle (“EV”) maker Tesla (NASDAQ: TSLA) unveiled the Tesla Roadster in 2008 and kickstarted the electric vehicle revolution, it has been on a roll. More than a decade later, Tesla is the largest maker of electric vehicles as well as the most valued carmaker in the world with several EV models already on the road and several more on the way. In line with its history of breaking records, Tesla made history after the Model 3 became the first battery-electric vehicle (“BEV”) to top the European monthly sales chart. On top of that, a massive order from car rental company Hertz saw Tesla’s valuation finally break through the $1 trillion mark.
The past two years have seen the EV maker’s stock market value increase significantly, thanks to investor faith in an electric future. As several governments around the world, including the United States., have pledged to electrify their roads in a bid to cut down on carbon emissions, both EV makers and established automobile companies have put everything they’ve got into developing electric cars…
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
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InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Enters Definitive Agreement to Acquire Vessel Brand Inc.
Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has entered into a definitive agreement in respect of the previously announced acquisition of 100% of Vessel Brand Inc. Upon closing of the transaction, Flora will acquire Vessel for aggregate consideration of US$30 million, consisting of a combination of cash and the issuance of Flora common shares. “The Flora team has been working diligently to execute on our various business initiatives and the signing of this agreement represents another significant step forward for the company in 2021,” said Luis Merchan, president and CEO of Flora Growth. “We are incredibly excited to have reached an agreement to add Vessel to the Flora portfolio. Not only does Vessel have an exceptional product line with strong revenue growth, but its leadership team is second to none. Integration plans with the Vessel team are already well advanced and we expect step-change improvements to the marketing and sales strategies for our core consumer brands like Stardog and Mind Naturals, as well as new brand development in support of our global growth initiatives.”
To view the full press release, visit https://ibn.fm/Q2q6i
About Flora Growth Corp.
Flora is building a connected, design-led collective of plant-based wellness and lifestyle brands that delivers the most compelling customer experiences in the world, one community at a time. As the operator of one of the largest outdoor cannabis cultivation facilities, Flora leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. Visit www.FloraGrowth.ca or follow @floragrowthcorp on social for more information.
NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://ibn.fm/FLGC
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BioMedNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Files PCT Application for Treating Neurodegenerative Disease Using Rare Cannabinoid
InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing, development and commercialization of rare cannabinoids, today announced its filing of an international patent application demonstrating neuroprotection and enhanced neuronal function using a rare cannabinoid for the potential treatment of neurodegenerative diseases such as Alzheimer’s, Parkinson’s, Huntington’s and others. The Patent Cooperation Treaty (“PCT”) application, entitled “Compositions and Methods for Treating Neuronal Disorders with Cannabinoids,” specifies a rare cannabinoid that may inhibit or slow the progression of neurodegenerative diseases by providing neuroprotection in a population of affected neurons. Further, the PCT application demonstrates the subject cannabinoid compound can also be used to promote neurite outgrowth, signifying the potential to enhance neuronal function. “We are very encouraged by this initial data demonstrating potential for the use of a rare cannabinoid to improve neuronal function and provide neuroprotection for treating neurodegenerative disorders including Alzheimer’s disease, Parkinson’s disease and Huntington’s disease,” said Dr. Eric Hsu, SVP of pre-clinical research and development at InMed. “This PCT patent application advances our strategy directed towards researching and developing rare cannabinoids as potential pharmaceutical therapeutics for diseases with high unmet medical needs. Expanding our patent portfolio to include, in addition to cannabinol (‘CBN’), an incremental rare cannabinoid for the potential treatment of major neurodegeneration indications demonstrates our continued commitment to our pharmaceutical programs and the potential of rare cannabinoids in medicine.”
To view the full press release, visit https://ibn.fm/sKPtm
About InMed Pharmaceuticals Inc.
InMed Pharmaceuticals is a global leader in the manufacturing, development and commercialization of rare cannabinoids. Together with its subsidiary, BayMedica, the company has unparalleled cannabinoid manufacturing capabilities to serve a spectrum of consumer markets, including pharmaceutical and health and wellness. InMed Pharmaceuticals is a clinical-stage company developing a pipeline of rare cannabinoid therapeutics and dedicated to delivering new treatment alternatives to patients that may benefit from cannabinoid-based pharmaceutical drugs. For more information, visit www.InMedPharma.com.
NOTE TO INVESTORS: The latest news and updates relating to INM are available in the company’s newsroom at https://ibn.fm/INM
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BioMedWire (BMW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) BioMedNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. BMW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled visibility, recognition and brand awareness. BMW is where news, content and information converge.
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CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) to Expand Hypertension Clinical Program Through Most Ambitious Study to Date
Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced a significant new study to expand its hypertension clinical program. In addition, the company provided updates on three ongoing human clinical studies evaluating its proprietary DehydraTECH-CBD for potentially treating hypertension and heart disease. “HYPER-H21-4 is the most ambitious study Lexaria has ever undertaken and is enabled from the successful outcomes from our other 2021 human hypertension studies,” said Lexaria CEO Chris Bunka in the news release. “Outcomes from this study could support Lexaria’s goals related to pursuit of regulatory approvals for DehydraTECH-CBD for potential use as a treatment for high blood pressure.”
To view the full press release, visit https://cnw.fm/GVGwq
About Lexaria Bioscience Corp.
Lexaria’s patented drug delivery technology, DehydraTECH(TM), improves the way active pharmaceutical ingredients (“APIs”) enter the bloodstream by promoting more effective oral delivery. Since 2016, DehydraTECH has repeatedly demonstrated the ability to increase bio-absorption with cannabinoids and nicotine by up to 5-10x, reduce time of onset from 1-2 hours to minutes and mask unwanted tastes; it is also being evaluated for orally administered anti-viral drugs, non-steroidal anti-inflammatory drugs (“NSAIDs”) and more. DehydraTECH has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier. Lexaria operates a licensed in-house research laboratory and holds a robust intellectual property portfolio with 23 patents granted and over 50 patents pending worldwide. For more information, visit the company’s website at www.LexariaBioscience.com.
NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://cnw.fm/LEXX
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Watch for Continued Gains in Shares of Microsoft Corporation (MSFT)
Shares of Microsoft Corporation (NASDAQ:MSFT) traded today at $333.29, eclipsing its 12-month high. So far today approximately 2.5 million shares have been exchanged, as compared to an average 30-day volume of 25 million shares.
Microsoft Corporation is currently priced 10.2% above its average consensus analyst price target of $298.66.
Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).
In the past 52 weeks, shares of Microsoft Corporation have traded between a low of $200.12 and a high of $333.29 and are now at $332.66, 66% above that low price.
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PepsiCo Inc. (PEP): The Winning Streak Continues
PepsiCo Inc. (NASDAQ:PEP) traded today at a new 12-month high of $162.59. Approximately 337,000 shares have changed hands today, as compared to an average 30-day volume of 3.9 million shares.
PepsiCo Inc. is currently priced 13.3% above its average consensus analyst price target of $140.80.
PepsiCo is one of the largest food and beverage companies globally. It makes, markets, and sells a slew of brands across the beverage and snack categories, including Pepsi, Mountain Dew, Gatorade, Doritos, Lays, and Ruffles. The firm uses a largely integrated go-to-market model, though it does leverage third-party bottlers, contract manufacturers, and distributors in certain markets. In addition to company-owned trademarks, Pepsi manufactures and distributes other brands through partnerships and joint ventures with companies such as Starbucks. The firm segments its operations into five primary geographies, with North America (comprising Frito-Lay North America, Quaker Foods North America, and North America beverages) constituting over 60% of consolidated revenue.
Over the past year, PepsiCo Inc. has traded in a range of $128.32 to $162.59 and is now at $162.44, 27% above that low.
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Successful Ginkgo Bioworks SPAC IPO Highlights Available Industry Opportunities for InMed Pharmaceuticals Inc. (NASDAQ: INM) and Synthetic Cannabinoid Production
- Special purpose acquisition company Soaring Eagle Acquisition Corp. combined with Ginkgo Bioworks to form publicly listed Ginkgo Bioworks Holdings Inc., in what is the largest-ever biotechnology go-public transaction
- Ginkgo Bioworks is known for its work in the commercial-scale production of a rare cannabinoid, CBG, for use in a multitude of industrial needs
- InMed uses multiple manufacturing approaches to synthetically produce rare cannabinoids, including CBC which is currently sold through its subsidiary BayMedica
- The success of the Ginkgo IPO suggests the marketplace value associated with the production of rare cannabinoids
PsychedelicNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Schedules R&D Briefing to Release Breakthrough Research Findings
Cybin (NEO: CYBN) (NYSE American: CYBN), a biotechnology company focused on progressing psychedelic therapeutics, will be hosting an in-person and virtual research and development briefing. Scheduled for Nov. 8, 2021, from 8:30–9:30 a.m. EST, the briefing is slated to include breakthrough preclinical, research findings that indicate advancements in the company’s focus on creating a promising approach for patients in need of effective and safe prescription therapies in the mental health space. Cybin CEO Doug Drysdale and other key members of the company’s senior scientific research team will be hosting the event, which will be held during the Wonderland Conference in Miami; interested individuals can also attend the briefing virtually. In addition to Drysdale, presenters will include Cybin chief R&D officer Michael Palfreyman, head of R&D Geoff Varty and COO Aaron Bartlone. “We are on a mission to create safe and effective therapeutics for patients to address a multitude of mental health issues,” said Cybin CEO Doug Drysdale in the press release. “At a time when COVID has exacerbated the mental health crisis to epidemic proportions, the Cybin team has been exceptionally productive. We are excited to share the deeply meaningful scientific progress that we have made. You will not want to miss this.”
To view the webcast, visit https://ibn.fm/AbXJP
To view the full press release, visit https://ibn.fm/U6JfX
About Cybin Inc.
Cybin is a leading ethical biopharmaceutical company, working with a network of world-class partners and internationally recognized scientists, is on a mission to create safe and effective therapeutics for patients to address a multitude of mental health issues. Headquartered in Canada and founded in 2019, Cybin is operational in the United States, United Kingdom and Ireland. The company is focused on progressing psychedelics to therapeutics by engineering proprietary drug-discovery platforms, innovative drug-delivery systems, novel formulation approaches and treatment regimens for mental health disorders. For more information, visit the company’s website at www.Cybin.com.
NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN
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PsychedelicNewsWire (PNW) is a specialized content distribution company that (1) aggregates and distributes news and information on the latest developments in all aspects and advances of psychedelics and their use, (2) creates PsychedelicNewsBreaks designed to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics.
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InvestorNewsBreaks – Save Foods Inc. (NASDAQ: SVFD) Announces Launch of Commercial Pilot Program for Citrus
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CBDNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Begins R&D Program Comparing DehydraTECH-CBD with Generic CBD, Epidiolex
Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, has begun a new study, EPIL-A21-1,designed to evaluate whether its DehydraTECH(TM)-CBD (“CBD”) indicates superior ability to reduce seizure activity compared to both generic cannabidiol and Epidiolex. Epidiolex is the only CBD medication approved by the U.S. Food and Drug Administration (“FDA”) for the treatment of seizures associated with Lennox-Gastaut syndrome and Dravet syndrome, two rare and severe forms of pediatric epilepsy. Among those involved in the study are respirology and neurobiology experts. According to the announcement, the team of investigators will carefully analyze how DehydraTECH-CBD compares with Epidiolex in treating seizures. LEXX noted that the company developed its seizure program because of the significant gains in systemic delivery and brain uptake that had been seen repeatedly in its own studies as well as other studies comparing DehydraTECH-CBD with concentration-matched controls. Lexaria also announced that it has received its first patent award for DehydraTECH in Mexico as well as another patent in Japan; the Mexico award protects the proprietary drug-delivery system for use with cannabinoids and nicotine while the Japan patent covers the use of DehydraTECH utilizing nonpsychoactive cannabinoids, nicotine, vitamins or nonsteroidal anti-inflammatory (“NSAID”) substances. The Japan award is the fifth patent the company has been awarded in 2021. The company currently has 23 granted patents from the United States, Australia, the European Union, India, Japan and Mexico that protect DehydraTECH.
To view the full press release, visit https://cnw.fm/0OoFx
About Lexaria Bioscience Corp.
Lexaria Bioscience’s patented drug-delivery technology, DehydraTECH(TM), improves the way active pharmaceutical ingredients (“APIs”) enter the bloodstream by promoting more effective oral delivery. Since 2016, DehydraTECH has repeatedly demonstrated the ability to increase bioabsorption of cannabinoids and nicotine by 5 to 10 times as well as reduce time of onset from one to two hours to minutes and mask unwanted tastes. The delivery systems are also being evaluated for orally administered, anti-viral drugs and nonsteroidal, anti-inflammatory drugs (NSAIDs) and more. DehydraTECH has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier. Lexaria operates a licensed in-house research laboratory and holds a robust intellectual property portfolio with 21 patents granted and more than 50 patents pending worldwide. For more information about the company, please visit www.LexariaBioscience.com.
NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://cnw.fm/LEXX
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Watch for Continued Gains in Shares of CVS Health Corporation (CVS)
CVS Health Corporation (NYSE:CVS) traded today at a new 12-month high of $90.95. Approximately 2.3 million shares have changed hands today, as compared to an average 30-day volume of 4.9 million shares.
Based on a current price of $90.48, CVS Health Corporation is currently 1.0% above its average consensus analyst price target of $89.54.
Over the past year, CVS Health Corporation has traded in a range of $55.36 to $90.95 and is now at $90.48, 63% above that low.
Following its acquisition of Aetna in late 2018, CVS Health now provides an even more integrated healthcare-services offering for its members. Legacy CVS combined both the largest pharmacy benefit manager, processing over 2 billion adjusted claims annually, and a sizable pharmacy operation, including nearly 10,000 retail pharmacy locations primarily in the U.S. Adding a managed-care organization with over 23 million medical members gives the company a strong position in the insurance industry and should help CVS better control overall healthcare costs for its clients.
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GlaxoSmithKline PLC (GSK) Sets New Annual-High Share Price
GlaxoSmithKline PLC (NYSE:GSK) traded today at a new 12-month high of $42.71. Approximately 1.8 million shares have changed hands today, as compared to an average 30-day volume of 4.5 million shares.
GlaxoSmithKline PLC has overhead space with shares priced $42.68, or 19.5% below the average consensus analyst price target of $53.04.
In the pharmaceutical industry, GlaxoSmithKline ranks as one of the largest firms by total sales. The company wields its might across several therapeutic classes, including respiratory, oncology, and antiviral, as well as vaccines and consumer healthcare products. Glaxo uses joint ventures to gain additional scale in certain markets like HIV and consumer products.
Over the past year, GlaxoSmithKline PLC has traded in a range of $33.26 to $42.71 and is now at $42.68, 28% above that low.
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InvestorNewsBreaks – Lottery.com (NASDAQ: LTRY), Trident Acquisitions Corp. Announce Completion of Business Combination Transaction
Lottery.com (NASDAQ: LTRY, LTRYW), a leading technology company that is transforming how, where and when the lottery is played, announced that the business combination between the company and Trident Acquisitions Corp. (NASDAQ: TDAC, TDACU) has been completed; the two companies had announced their intentions to combine earlier this year. Lottery.com stated that the transaction had received approval from Trident stockholders at a special meeting held on Oct. 28, 2021. In addition to approval the move, the stockholders also elected to retain 99.6% of Trident’s outstanding stock, which resulted in the company receiving more than $63 million in gross proceeds. The announcement noted that the combined company will be renamed Lottery.com Inc., with its common stock and warrants commencing to trade on the Nasdaq Stock Market on Monday, Nov. 1, 2021; the ticker symbols will be LTRY and LTRYW, respectively. “Today represents a momentous achievement for Lottery.com,” said Lottery.com CEO Tony DiMatteo in the press release. “I am grateful to all our stockholders for their continued support and the entire Lottery.com team for their dedication. Since we entered our first state, our convenient online platform has resonated with consumers, which has driven our strong growth. As a public company with enhanced access to capital, we plan to continue building on this positive momentum by leveraging our low customer acquisition cost to further expand our customer base, broadening our product offerings, and executing on strategic and synergistic acquisitions. We remain squarely focused on realizing the profitable growth opportunities before us and delivering long-term value to our stockholders.”
To view the full press release, visit https://ibn.fm/cH1UB
About Lottery.com
Lottery.com is a leading technology company that is transforming how, where and when lottery is played. Its engaging mobile and online platforms enable players and commercial partners located in the around the world to remotely purchase legally sanctioned lottery games. Fans and subscribers look to Lottery.com for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, Lottery.com is fundamentally changing how nonprofit donors are incentivized to action by gamifying charitable giving. In all that it does, Lottery.com’s mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives. To learn more about the company, visit www.Lottery.com.
NOTE TO INVESTORS: The latest news and updates relating to Lottery are available in the company’s newsroom at https://ibn.fm/Lottery
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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q3 2021 Financial Results
Energy Fuels (NYSE American: UUUU) (TSX: EFR) today released its financial results for the quarter ended Sept. 30, 2021. Among the highlights, the company reported a very robust balance sheet with $132.8 million of working capital, including $100.8 million of cash and marketable securities and $29.3 million of inventory as of Sept. 30, 2021. At current commodity prices, Energy Fuels’ product inventory has a $46.9 million value. “Energy Fuels continues to make rapid progress toward positioning our White Mesa Mill as America’s ‘Critical Minerals Hub,’ by maintaining the Mill’s key uranium and vanadium production capabilities while further diversifying our portfolio to include rare earth elements production — an exciting and strategically important move both domestically and for the company. We also continue to watch the uranium markets closely in order to best evaluate our opportunities to capitalize on recent price increases and market improvements,” said Mark S. Chalmers, Energy Fuels’ president and CEO. “After many years of low prices, uranium markets have recently sprung to life with significant price action. Between mid-August and mid-September, the spot price of uranium rose a staggering 66%, mainly due to significant spot purchases by financial entities who have stated their intention to hold the uranium for several years. Nuclear utilities, traders and others have had access to plentiful uranium on the spot market for the past several years and, in many cases, depended on the spot market to meet their short- and mid-term fuel requirements and delivery commitments. These new purchasers of uranium are removing material from the spot market, thereby potentially creating a fundamental shift in the market by rapidly increasing demand. One could liken these entities to another major, new nuclear utility entering the scene and consuming large quantities of uranium, as this material is not expected to be available for sale in the foreseeable future, if ever. We believe this new dynamic could create opportunities for Energy Fuels to enter into long-term supply contracts for a portion of our production with nuclear utilities at prices, quantities and other terms that generate sufficient project cashflow, all while keeping the majority of our production leveraged to further potential increases in uranium prices.”
To view the full press release, visit https://ibn.fm/1XgoX
About Energy Fuels Inc.
Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to commercial-scale production of REE carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States . Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year and has the ability to produce vanadium when market conditions warrant, as well as REE carbonate and uranium from various uranium-bearing ores. The Nichols Ranch ISR Project is currently on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also currently on standby. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol UUUU, and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol EFR. For more information, visit the company’s website at www.EnergyFuels.com.
NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
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GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE) Post-Merger Company Vehicle Recognized as ZEVA EV Award Finalist
Net Element’s (NASDAQ: NETE) post-merger company, Mullen Technologies Inc., announced that its Mullen FIVE EV crossover has been named as a finalist in elite awards presented by the LA Auto Show. The electric vehicle was selected as a finalist for the top EV SUV category in the ZEVA(TM) (“ZEVA”) People’s Choice Awards; public voting is being conducted now through Nov. 5, 2021. THE ZEVAs are the official electric vehicle awards of the LA Auto Show, which is recognized as the nation’s preeminent showcase for new zero-emission vehicles (“ZEV”). The FIVE EV Crossover will debut at the LA Auto Show on Nov. 17, 2021, where the vehicle will be showcased in the South Hall on the first day of the show, which is open specifically for international media and press; it will continue to be displayed throughout the length of the show, which is scheduled to run Nov. 19–28, 2021. As part of the display, Mullen will include multiple variants of the FIVE model as well as showcase powertrain, battery and charging technology. Final ZEVA award winners will be announced on Nov. 16, 2021. “I am pleased to announce the Mullen FIVE is now one of three finalists for the top SUV category from the LA Auto Shows ZEVA Awards,” said Mullen Automotive CEO and chair David Michery in the press release. “We are very excited to debut the FIVE coming up in just a few weeks at the LA Auto Show. We are looking forward to our debut and seeing consumer and media reaction to the FIVE.”
To view the full press release, visit https://ibn.fm/ti9eJ
About Net Element Inc.
Net Element operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the United States and selected emerging markets. In the United States, the company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, its cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest-growing companies in North America on Deloitte’s 2017 Technology Fast 500(TM) and by “South Florida Business Journal” as one of 2016’s fastest-growing technology companies.
For additional information about the company, visit www.NetElement.com.
NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE
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InvestorNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Expands Sequire Platform to Launch New Feature
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The Winning Streak Continues for NVIDIA Corporation (NVDA)
Shares of NVIDIA Corporation (NASDAQ:NVDA) traded at a new 12-month high today of $254.94. Approximately 6.1 million shares have changed hands today, as compared to an average 30-day volume of 24.3 million shares.
NVIDIA is the leading designer of graphics processing units that enhance the experience on computing platforms. The firm’s chips are used in a variety of end markets, including high-end PCs for gaming, data centers, and automotive infotainment systems. In recent years, the firm has broadened its focus from traditional PC graphics applications such as gaming to more complex and favorable opportunities, including artificial intelligence and autonomous driving, which leverage the high-performance capabilities of the firm’s graphics processing units.
In the past year, NVIDIA Corporation share prices are bracketed by a low of $115.67 and a high of $254.94 and are now at $253.35, 119% above that low price.
NVIDIA Corporation is currently priced 39.3% above its average consensus analyst price target of $153.80.
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Lucid Group Inc. (LCID) Looks to Continue to Trade Above its Annual-High Share Price Today
Lucid Group Inc. (NASDAQ:LCID) traded today at a new 12-month high of $41.60. Approximately 36 million shares have changed hands today, as compared to an average 30-day volume of 51.6 million shares.
Lucid Group Inc. is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.
Lucid Group Inc. defies analysts with a current price ($37.54) 5.8% above its average consensus price target of $35.37.
Lucid Group Inc. share prices have moved between a 12-month high of $41.60 and a low of $16.12 and are now trading 133% above that low price at $37.54 per share.
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InvestorNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Releases Shaq’d-Up Marketing Campaign
The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, is now broadcasting commercials featuring Alkaline88(R) and WTER advisory board member and brand ambassador Shaquille O’Neal. The Shaq’d-up commercials are being seen in multiple formats across all media channels including 30-second and 15-second commercials on digital platforms and television; delivery channels include Hulu and YouTube as well as programmatic digital video and display, and micro influencers. Target markets were identified based on where WTER has seen significant growth over the past three years; the company expects to measure consumer response fairly quickly. “The Alkaline Water Company is ecstatic that we have begun to roll out marketing assets, which Alkaline88(R) and Shaquille O’Neal believe will make Alkaline88 a household brand,” said The Alkaline Water Company president and CEO Ricky Wright in the press release. “We are so happy to have Shaq as our ambassador; he fits the brand perfectly. Nothing is smoother than Shaq and Alkaline88. We’ve collaborated with our agency of record, NitroC, to create a strong strategic media effort, which launched on October 22. This awareness campaign brings our Deliciously Smooth(TM) water and our beloved brand ambassador into the homes and onto the screens of millions of Americans as we continue to grow into a household name.”
To view the full press release, visit https://ibn.fm/y4k90
About The Alkaline Water Company
Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88 delivers perfect 8.8 pH balanced alkaline drinking water with trace minerals and electrolytes and boasts the company’s trademarked Clean Beverage label. Quickly recognized as a growing lifestyle brand, The Alkaline Water Company created the A88 Infused(TM) Beverage Division in 2018 to meet consumer demand for flavor-infused products under the A88 Infused brand. A88 Infused flavored water is available in six unique all-natural flavors, with new flavors coming soon. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and to serve as the celebrity brand ambassador for the Alkaline88 and A88 Infused brands. To learn more about the company, please visit www.Alkaline88.com and www.TheAlkalineWaterCo.com.
NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://ibn.fm/WTER
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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Consolidated Uranium Inc. (TSX.V: CUR) (OTCQB: CURUF) Complete Acquisition and Strategic Alliance
Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, and Consolidated Uranium (TSX.V: CUR) (OTCQB: CURUF) have closed a previously announced acquisition. In July 2021, the two companies announced plans for Consolidated Uranium to acquire a portfolio of UUUU’s conventional uranium projects located in Utah and Colorado as well as enter into toll-milling, operating and investor rights agreements in connection to the acquired project. The projects included in the transaction include the Tony M Mine, located in the Henry Mountains area of southeastern Utah; the Daneros Mine, located in the White Canyon District; and the Rim Mine, located in the East Canyon portion of the Uravan Mineral Belt. According to the announcement, the completion of the acquisition signals CUR’s commitment to becoming a new player in the U.S. uranium sector. With the history of these projects — the mines have produced more than 1 million pounds of uranium over the past 15 years — Consolidated Uranium looks to be a strong presence in the United States, which is the largest generator of nuclear power in the world as well as the largest consumer of uranium. In addition, CUR named Mark Chalmers, Energy Fuels president and CEO as a new member of its board of directors. “We are pleased to partner with Consolidated Uranium in unlocking the value of these significant U.S. uranium assets,” said Chalmers in the press release. “Energy Fuels will continue to focus on our core, low-cost uranium projects — the Nichols Ranch and Alta Mesa ISR facilities, and the Pinyon Plain, La Sal and other conventional properties — in addition to our quickly emerging rare earth business at the White Mesa Mill. We have long believed that markets have not properly valued these mines and properties within our asset portfolio. We look forward to working with Phil and his team to advance these projects in the near term, while also providing our shareholders with an opportunity to enjoy significant exposure to the future share price performance of CUR.”
To view the full press release, visit https://ibn.fm/NV4pw
About Energy Fuels Inc.
Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to commercial production of rare earth carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch ISR Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant, as well as rare earth carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to these production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. For more information, visit the company’s website at www.EnergyFuels.com.
NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU
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MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.
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InvestorNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Receives New Orders Totaling $1.2M
AmpliTech Group (NASDAQ: AMPG), a designer, developer and manufacturer of state-of-the-art signal-processing components for satellite and 5G communications networks, defense, space and other commercial applications, announced that it has received $1.2 million in new orders for its for Low Noise Amplifier (“LNA”) technology. The orders came from a Fortune 500 global defense and aerospace company and defense aerospace, naval and commercial aerospace applications provider. According to the announcement, the most recent orders increase AMPG’s order backlog to a record $3.4 million; the company anticipates shipping these orders in calendar 2022. “AmpliTech’s industry-leading LNA technology increases the power of a radio signal while eliminating the distortion or ‘noise’ that can degrade or destroy digital signals,” said AmpliTech Group CEO Fawad Maqbool in the press release. “Our LNA technology delivers substantial performance and bandwidth improvements in satellite communications and can play an instrumental role in achieving true gigabit data transmission speeds for next generation 5G networks on a more cost-effective basis. Our growing order backlog confirms the strength of our LNA technology and reflects initial benefits of investments we are making to expand our sales and marketing reach and production and technical capabilities. We are proud that the performance, quality, and return on investment of our solutions is being acknowledged with growing demand from global leaders.”
To view the full press release, visit https://ibn.fm/np3qK
About AmpliTech Group Inc.
AmpliTech designs, develops and manufactures state-of-the-art radio frequency (“RF”) components for global satellite communications, telecom (5G and IoT), space, defense and quantum computing markets as well as systems and component design consulting services. AmpliTech has a 13-plus-year track record of developing high-performance custom solutions to meet the unique needs of some of the largest companies in the global industries that it serves. The company is proud of the unique skills, experience and dedication of its focused team, which enables AMPG to deliver superior solutions, faster time to market, competitive pricing and excellent customer satisfaction and repeat business. For more information about the company, please visit www.AmpliTechInc.com.
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InvestorNewsBreaks – PEDEVCO Corp. (NYSE: PED) Closes $7M Registered Direct Offering
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Merck & Company Inc. (MRK) Looks to Continue to Trade Above its Annual-High Share Price Today
Merck & Company Inc. (NYSE:MRK) traded at a new 12-month high today of $85.96. This new high was reached on below average trading volume as 10.5 million shares traded hands, while the average 30-day volume is approximately 18.3 million shares.
Merck makes pharmaceutical products to treat several conditions in a number of therapeutic areas, including cardiometabolic disease, cancer, and infections. Within cancer, the firm’s immuno-oncology platform is growing as a major contributor to overall sales. The company also has a substantial vaccine business, with treatments to prevent hepatitis B and pediatric diseases as well as HPV and shingles. Additionally, Merck sells animal health-related drugs. From a geographical perspective, close to half of the firm’s sales are generated in the United States.
Merck & Company Inc. share prices have moved between a 12-month high of $85.96 and a low of $70.89 and are now trading 21% above that low price at $85.66 per share.
Merck & Company Inc. has overhead space with shares priced $85.66, or 16.9% below the average consensus analyst price target of $103.04.
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InvestorNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Announces Legal Efforts to Change MDO Stay on Bidi Sticks
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GreenCarNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Automotive Announce Receipt of Conditional Approval to List on Nasdaq Capital Markets
Mullen Automotive Inc., an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive stock-for-stock reverse merger agreement with Net Element (NASDAQ: NETE) in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company, recently announced its receipt of conditional approval to list the company’s common stock on the Nasdaq Stock Market LLC after satisfaction of the conditions established by Nasdaq. According to the update, trading will commence on Nov. 5, 2021, at which time the company’s name will be changed to Mullen Automotive Inc. under the ticker symbol MULN. In addition, the company issued a reminder that it will debut to the world, for the first time, the FIVE EV crossover on Nov. 17, 2021, at the LA Auto Show. Built on an EV crossover skateboard platform, the FIVE offers multiple powertrain configurations and trim levels in a svelte design that is Strikingly Different(TM) and exciting to experience in person.
To view the full news release, visit https://ibn.fm/pQiuM
About Net Element Inc.
Net Element operates a payments-as-a-service transactional and value-added services platform for small to medium enterprises (“SMEs”) in the U.S. and select emerging markets. Net Element previously announced the execution of a definitive agreement to merge with privately held Mullen Automotive Inc., a Southern California-based electric vehicle company in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company (the “contemplated merger”). The contemplated merger is subject to customary closing conditions and regulatory approvals. For additional information, visit www.NetElement.com.
NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE
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Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
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InvestorNewsBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) Enters Agreement for $6M Investment from The Lind Partners
Siyata Mobile (NASDAQ: SYTA, SYTAW), a global vendor of push-to-talk over cellular (“PoC”) devices and cellular signal booster systems, recently announced its entry into a funding agreement for gross proceeds of US$6,000,000 with Lind Global Partners II, LP, an investment fund managed by The Lind Partners, a New York based institutional fund manager. Subject to customary closing conditions, proceeds are expected within ten days of the execution of the agreement and will be used to repay and terminate existing convertible notes. “Staying connected in emergency situations is more critical now than ever and we are committed to being a leading provider of innovative push-to-talk and connectivity solutions to our first responder heroes around the world,” said Marc Seelenfreund, CEO of Siyata. “We are thrilled to have the support of The Lind Partners as a significant investor in Siyata and believe this funding will give us the flexibility we need to reach our goal of achieving profitability in the coming quarters.”
To view the full press release, visit https://ibn.fm/PzEpM
About Siyata Mobile Inc.
Siyata Mobile is a B2B global vendor of next-generation push-to-talk over cellular (“PoC”) devices and cellular booster systems. Its portfolio of in-vehicle and rugged smartphones enable first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to improve communication, increase situational awareness and save lives. Its portfolio of enterprise cellular booster systems enables first responders and enterprise workers to amplify cellular signal in remote areas, inside structural buildings where signals are weak and within vehicles for maximum cellular signal strength possible. Visit www.SiyataMobile.com and www.UnidenCellular.com to learn more.
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InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Releases Annual Report, Notes Balance Sheet Strength and ESG Development
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InvestorNewsBreaks – Nexstar Media Group Inc. (NASDAQ: NXST) Announces $0.70 Per Share Quarterly Cash Dividend
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Advanced Micro Devices Inc. (AMD): 52-Week High Recently Eclipsed
Advanced Micro Devices Inc. (NASDAQ:AMD) traded at a new 52-week high today of $128.08. Approximately 18.7 million shares have changed hands today, as compared to an average 30-day volume of 42 million shares.
For more than 50 years, AMD has driven innovation in high-performance computing, graphics and visualization technologies – the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the world rely on AMD technology daily to improve how they live, work and play. AMD employees around the world are focused on building great products that push the boundaries of what is possible.
Based on a current price of $124.69, Advanced Micro Devices Inc. is currently 28.0% above its average consensus analyst price target of $89.82.
Over the past year, Advanced Micro Devices Inc. has traded in a range of $72.50 to $128.08 and is now at $124.69, 72% above that low.
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Standard Lithium Ltd. (SLI): The Winning Streak Continues
Shares of Standard Lithium Ltd. (NYSE American:SLI) traded today at $12.92, eclipsing its 52-week high. So far today approximately 1.3 million shares have been exchanged, as compared to an average 30-day volume of 2.8 million shares.
Potential upside of 1.6% exists for Standard Lithium Ltd., based on a current level of $12.63 and analysts’ average consensus price target of $12.84.
In the past 52 weeks, Standard Lithium Ltd. share prices are bracketed by a low of $1.37 and a high of $12.92 and are now at $12.63, 822% above that low price.
Standard Lithium is engaged in the exploration and development of lithium brine properties in the United States. The Company is focused on the exploration and development of the Arkansas Lithium Project is located in south-central Arkansas. Its other projects comprise of Lanxess Project, Tetra project, and Bristol Dry Lake Project.
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InvestorNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces Kickstart of the Specialty Retail Channel
The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company and The Clean Beverage(R) company, recently announced its products will now be sold and distributed through leading global health and wellness retailer, GNC. Per the update, Alkaline88(R) one- and two-liter bottles will be available in the refrigerated cooler section of 350 of the top U.S. retail locations of GNC. “As we continue to work towards our fiscal year 2022 revenue and distribution goals, GNC kickstarts the specialty retail channel,” said Ricky Wright, president and CEO of The Alkaline Water Company. “GNC is a global leader in health and wellness with over 2,350 retail locations across the country. They are known for products and services that help people live well. We are pleased to offer our Deliciously Smooth(TM) Alkaline88 water to their health-conscious consumers in one-liter and two-liter bottles. Alkaline88 will be available in refrigerated coolers in 350 premier GNC retail locations throughout the USA.”
To view the full press release, visit https://ibn.fm/rmJCc
About The Alkaline Water Company
The Alkaline Water Company is The Clean Beverage Company(TM) making a difference in the water you drink and the world we share. Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88 delivers perfect 8.8 pH-balanced alkaline drinking water with trace minerals and electrolytes and boasts its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, The Alkaline Water Company created the A88 Infused Beverage Division in 2018 to meet consumer demand for flavor-infused products under the A88 Infused(TM) brand. A88 Infused flavored water is available in six unique all-natural flavors, with new flavors coming soon. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and to serve as the celebrity brand ambassador for the Alkaline88 and A88 Infused brands. To purchase Alkaline88 and A88 Flavor Infused products online, visit www.Alkaline88.com. To learn more about the company, visit www.TheAlkalineWaterCo.com.
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PsychedelicNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Announces FDA IND Authorization of Potentially Pivotal Study
Cybin (NYSE American: CYBN) (NEO: CYBN), a biotechnology company focused on progressing psychedelic therapeutics, has announced that the U.S. Food and Drug Administration (“FDA”) has authorized an Investigational New Drug (“IND”) application to proceed with the company’s sponsored feasibility study. The study focuses on using Kernel’s Flow technology to measure ketamine’s psychedelic effect on cerebral cortex hemodynamics. “The word psychedelic means ‘mind-manifesting,’ but what has been missing is useful ‘mind-imaging’—the ability to dynamically trace the neural correlates of human conscious experience,” said Cybin’s Chief Clinical Officer Dr. Alex Belser. “Conventional neuroimaging just isn’t dynamic enough to study the psychedelic experience in the brain as it happens. This study of ketamine’s psychedelic effects while wearing headgear equipped with sensors to record brain activity could open up new frontiers of understanding.”
To view the full press release, visit https://ibn.fm/gpVd4
About Cybin Inc.
Cybin is a leading biotechnology company focused on researching and progressing psychedelic therapeutics by utilizing proprietary drug discovery platforms, innovative drug delivery systems, novel formulation approaches and treatment regimens for psychiatric disorders. For more information, visit the company’s website at www.Cybin.com.
NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN
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MiningNewsBreaks – Society of Economic Geologists Provides Overview of Saxony’s Mining History, an Area of Focus for Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2)
The Society of Economic Geologists (“SEG”) Student Chapter from the Freiberg’s University of Mining & Technology, one of the world’s oldest and most traditional mining-focused universities, recently carried out an overview of Germany’s Freiberg and the re-emergence of mining exploration within the area. Located within the Saxony region, the town of Freiberg has a long and storied mining history dating back to 1168 AD, when the first silver ore was found in the surrounding areas to the town. By the 16th Century, mining in the Erzebirge, or ‘Ore’ Mountains, had turned Saxony into one of Europe’s wealthiest kingdoms.
Today, nearly 1,250 miles of mine tunnels zigzag through the hard stone beneath the town of Freiberg and surrounding areas. Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) has multiple exploration licenses related to the 34,150-hectare Silver City Project in Saxony, Germany. Boasting a mining history which ran nearly continuously from the 11th to late-19th century, initial drilling results carried out by the company confirmed the presence of a high-grade, district-scale epithermal silver system running throughout the project site.
To view the full video segment, visit https://ibn.fm/L7G4s
About Excellon Resources Inc.
Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is a silver and base metals producer with precious metal exploration and development projects in Mexico, Idaho and Germany. The Company is advancing a precious metals growth pipeline that includes: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality advanced exploration gold project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and no modern exploration. For more information, visit the company’s website at www.ExcellonResources.com.
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Alphabet (NASDAQ: GOOG), Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) Target Diabetes Tech
Exxon Mobil Corporation (XOM): 52-Week High Recently Eclipsed
Exxon Mobil Corporation (NYSE:XOM) traded today at a new 52-week high of $65.39. So far today approximately 7.4 million shares have been exchanged, as compared to an average 30-day volume of 22.7 million shares.
In the past 52 weeks, shares of Exxon Mobil Corporation have traded between a low of $31.11 and a high of $65.39 and are now at $65.19, which is 110% above that low price.
Exxon Mobil Corporation has potential upside of 66.7% based on a current price of $65.19 and analysts’ consensus price target of $108.67.
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2020, it produced 2.3 million barrels of liquids and 8.5 billion cubic feet of natural gas per day. At the end of 2019, reserves were 15.2 billion barrels of oil equivalent, 58% of which were liquids. The company is the world’s largest refiner with a total global refining capacity of 4.8 million barrels of oil per day and one of the world’s largest manufacturers of commodity and specialty chemicals.
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Netflix Inc. (NFLX): 52-Week High Recently Eclipsed
Shares of Netflix Inc. (NASDAQ:NFLX) traded today at $676.47, eclipsing its 52-week high. Approximately 964,000 shares have changed hands today, as compared to an average 30-day volume of 4.4 million shares.
Netflix Inc. share prices have moved between a 52-week high of $676.47 and a 52-week low of $463.41 and are now trading 45% above that low price at $673.12 per share.
Netflix’s primary business is a streaming video on demand service now available in almost every country worldwide except China. Netflix delivers original and third-party digital video content to PCs, Internet-connected TVs, and consumer electronic devices, including tablets, video game consoles, Apple TV, Roku, and Chromecast. In 2011, Netflix introduced DVD-only plans and separated the combined streaming and DVD plans, making it necessary for subscribers who want both to have separate plans.
Based on a current price of $673.12, Netflix Inc. is currently 45.8% above its average consensus analyst price target of $364.79.
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Shares of Tesla Inc. (TSLA) Rise Above Previous 52-Week High
Tesla Inc. (NASDAQ:TSLA) traded at a new 52-week high today of $1086.70. Approximately 5.8 million shares have changed hands today, as compared to an average 30-day volume of 20.9 million shares.
Tesla Inc. defies analysts with a current price ($1082.99) 80.7% above its average consensus price target of $208.97.
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2020 were roughly 500,000 units.
In the past 52 weeks, Tesla Inc. share prices are bracketed by a low of $379.11 and a high of $1086.70 and are now at $1082.99, 186% above that low price.
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InvestorNewsBreaks – Processa Pharmaceuticals Inc. (NASDAQ: PCSA) to Host Q3 Results, Development Update Call
Processa Pharmaceuticals (NASDAQ: PCSA), a clinical-stage biopharmaceutical company developing products to improve the survival and/or quality of life for patients with unmet medical needs, today announced that it will report financial results for the quarter ended Sept. 30, 2021, on Thursday, Nov. 11, 2021. According to the update, the company will host a conference call at 5:30 p.m. Eastern Time, also on Nov. 11, to discuss its financial results and business highlights. Interested parties may join the call by dialing 1-855-327-6838 (toll free) or 1-604-235-2082 (international) and entering conference ID 10016982. The conference call will also be available via a live, listen-only webcast and can be accessed through the Investor Relations section of Processa Pharmaceuticals website. Participants are asked to log on or dial in approximately five to 10 minutes before the start of the call.
To view the full press release, visit https://ibn.fm/ditod
About Processa Pharmaceuticals Inc.
The mission of Processa is to develop products with existing clinical evidence of efficacy for patients with unmet or underserved medical conditions who need treatment options that improve survival and/or quality of life. The company uses these criteria for selection to further develop its pipeline programs to achieve high-value milestones effectively and efficiently. Active clinical pipeline programs include: PCS6422 (metastatic colorectal cancer and breast cancer), PCS499 (ulcerative necrobiosis lipoidica) and PCS12852 (GI motility/gastroparesis). The members of the Processa development team have been involved with more than 30 drug approvals by the FDA (including drug products targeted to orphan disease conditions) and more than 100 FDA meetings throughout their careers. For more information, visit the company’s website at www.ProcessaPharma.com.
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InvestorNewsBreaks – TRxADE Group Inc. (NASDAQ: MEDS) Releases Q3 2021 Financial Report
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Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Addresses the Needs of Medical THC Users
- Lexaria’s THC absorption animal study yielded promising results on the patented DehydraTECH(TM) technology
- It showed that the technology required a shorter time to deliver the same THC levels than concentration-matched controls
- Lexaria believes that through DehydraTECH, it is meeting the needs of medical THC users with its rapid delivery, increased overall THC delivery and high brain tissue delivery
Shares of Union Pacific Corporation (UNP) Exceed 52-Week High
Shares of Union Pacific Corporation (NYSE:UNP) traded today at $240.80, eclipsing its 52-week high. This new high was reached on below average trading volume as 424,000 shares traded hands, while the average 30-day volume is approximately 3.5 million shares.
Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two thirds of the U.S., UP generated roughly $20 billion of revenue in 2020 by hauling coal, industrial products, intermodal containers, agriculture goods, chemicals, and automotive goods. UP owns about one fourth of Mexican railroad Ferromex and derives about 10% of its revenue hauling freight to and from Mexico.
Union Pacific Corporation share prices have moved between a 52-week high of $240.80 and a 52-week low of $171.50 and are now trading 39% above that low price at $238.63 per share.
Based on a current price of $238.63, Union Pacific Corporation is currently 16.1% above its average consensus analyst price target of $200.15.
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Infobird Co. Ltd (NASDAQ: IFBD) to Retail Product Providers Market; Shows Commitment to Extend Technological Solutions in SaaS Market
- Infobird continues to provide the Chinese market with technological solutions that optimize customer service, engagement, and overall experience through SaaS products that leverage AI solutions
- Customer engagement and salesforce management products currently available through Infobird are designed to help create optimized experiences for the customer and the company using them
- Infobird has over a decade of experience providing customer engagement and SaaS for large enterprises in the finance industry
- The SaaS market grows each year by approximately 18%, and it is estimated that by the end of 2021, 99% of businesses will utilize at least one SaaS product
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InvestorNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Opens Pathway to Dry Flower Export Through Receipt of GACP Certification
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InvestorNewsBreaks – Amesite Inc. (NASDAQ: AMST) V4 Platform Is SCORM Compliant, Allowing Rapid Transition
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BioMedNewsBreaks – Nemaura Medical Inc. (NASDAQ: NMRD) Facilitating Improved Diabetes and Prediabetes Management
Nemaura Medical (NASDAQ: NMRD) is a medical technology company focused on developing diagnostic devices and supporting personalized lifestyle coaching programs. Its flagship product, sugarBEAT(R), is a wearable, non-invasive and flexible continuous glucose monitor designed to help people with diabetes and prediabetes manage their glucose levels. “Over 420 million people globally are currently living with diabetes, with prediabetic cases totaling almost three times that number,” reads a recent article. “Combining clinical research with patient-friendly technology and through its sugarBEAT product, Nemaura Medical seeks to provide a non-invasive, affordable and flexible method of blood glucose tracking for improved diabetes management.”
To view the full article, visit https://ibn.fm/NfBtV
About Nemaura Medical Inc.
Nemaura Medical is a medical technology company developing and commercializing noninvasive wearable diagnostic devices. The company is currently commercializing sugarBEAT(R) and proBEAT(TM). sugarBEAT, a CE mark approved Class IIb medical device, is a non-invasive and flexible continuous glucose monitor (“CGM”) providing actionable insights derived from real-time glucose measurements and daily glucose trend data, which may help people with diabetes and pre-diabetes to better manage, reverse and prevent the onset of diabetes. Nemaura has submitted a PMA (Premarket Approval Application) for sugarBEAT to the U.S. FDA. proBEAT combines non-invasive glucose data processed using artificial intelligence and a digital health care subscription service and has been launched in the U.S. as a general wellness product as part of its BEAT(R) diabetes program. The company sits at the intersection of the global type 2 diabetes market that is expected to reach nearly $59 billion by 2025, the $50+ billion pre-diabetic market, and the wearable health-tech sector for weight loss and wellness applications that is estimated to reach $60 billion by 2023. For more information, please visit www.NemauraMedical.com.
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InvestorNewsBreaks – DarioHealth Corp. (NASDAQ: DRIO) Announces Contract for Full Suite of Digital Therapeutic Solutions
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American Express Company (AXP): The Winning Streak Continues
Shares of American Express Company (NYSE:AXP) traded today at $187.24, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 3 million shares traded hands, while the average 30-day volume is approximately 3.4 million shares.
Over the past year, American Express Company has traded in a range of $89.11 to $187.24 and is now at $186.32, 109% above that low.
American Express Company is currently priced 58.4% above its average consensus analyst price target of $77.46.
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, the company has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company’s commercial business offers expense management tools, consulting services, and business loans.
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Broadcom Inc. (AVGO) Looks to Continue to Trade Above its Annual-High Share Price Today
Shares of Broadcom Inc. (NASDAQ:AVGO) traded today at $521.30, eclipsing its 52-week high. So far today approximately 174,000 shares have been exchanged, as compared to an average 30-day volume of 1.7 million shares.
Over the past year, Broadcom Inc. has traded in a range of $344.42 to $521.30 and is now at $517.31, 50% above that low.
Broadcom – the combined entity of Broadcom and Avago – boasts a highly diverse product portfolio across an array of end markets. Avago focused primarily on radio frequency filters and amplifiers used in high-end smartphones, such as the Apple iPhone and Samsung Galaxy devices, in addition to an assortment of solutions for wired infrastructure, enterprise storage, and industrial end markets. Legacy Broadcom targeted networking semiconductors, such as switch and physical layer chips, broadband products (such as television set-top box processors), and connectivity chips that handle standards such as Wi-Fi and Bluetooth. The company has acquired Brocade, CA Technologies, and Symantec’s enterprise security business to bolster its offerings in infrastructure software.
Based on a current price of $517.31, Broadcom Inc. is currently 53.4% above its average consensus analyst price target of $241.17.
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New Study Underscores Rapidity of Oral Drug Bio-delivery Using Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Technology as an Alternative to Smoking and Vaping
- Oral drug delivery innovator Lexaria Bioscience is focused on providing alternatives to smoked or inhaled tobacco and cannabis products to help consumers reduce the threat to their lungs
- Lexaria’s patented technology — DehydraTECH(TM) — is a solution that processes active pharmaceutical ingredients into a powder or liquid form that can then be ingested with less harm than inhalation, while providing rapidity similar to inhalation substances
- DehydraTECH has previously shown the ability to move CBD into test subjects’ bloodstreams up to 20-fold higher than standard generic formulations
- New testing shows that DehydraTECH can similarly deliver THC to test subjects’ bloodstreams at rates faster and well above those of standard formulations for oral THC use
A leader in innovative drug delivery platforms, Lexaria Bioscience (NASDAQ: LEXX) aims to reduce or eliminate the use of inhaled and addictive products by focusing on ways to deliver nicotine into smokers’ bloodstreams at levels comparable to the nerve-settling relief they get from cigarettes and other tobacco products, providing them an alternative to purchasing store brands likely to harm their lungs.
The company has enhanced its pursuit by testing its solution — its patented DehydraTECH technology — as an alternative to smoked or vaped cannabis products as well, and is reporting continued breakthroughs in DehydraTECH’s performance against…
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Flora Growth Corp.’s (NASDAQ: FLGC) Leadership and Advisory Team Steering Company to Greater Heights
- The growing cannabis industry is experiencing a rise in demand for experienced business executives to guide companies toward the top
- Flora Growth, which has achieved numerous milestones, is a testament to the importance of experienced leadership
- Established in 2019, Flora was the first all-outdoor cannabis cultivation company to list on NASDAQ and has the largest licensed cultivation footprint in Colombia
- The company also boasts the lowest production cost in the world of $0.06 per gram of dried flower
- Flora’s adherence to strict industry standards and prudent management of its finances positions it to become a global leader in the cannabis space
InvestorNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Reports Q3 2021 Financial Numbers
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BioMedNewsBreaks – AnPac Bio-Medical Science Co. Ltd.’s (NASDAQ: ANPC) Unique Platform Offering Comprehensive Blood Test Data, New Approach to Disease Screening
AnPac Bio (NASDAQ: ANPC), a biotechnology company with operations in China and the United States, has developed the Cancer Differentiation Analysis (“CDA”) technology — a proprietary approach to detect cancerous and pre-cancerous diseases. “CDA uses the blood’s natural biophysical properties to identify cancerous environments before tumors even form. The CDA platform, in which technology is combined with protein-based biomarker tests to obtain even more comprehensive information, can be used to obtain more comprehensive data and information,” explains a recent article. “Unlike most liquid-based cancer screening and detection methods, the CDA platform from AnPac Bio focuses on assessing the existing protein-based biomarkers with biophysical properties of the blood tested to signal the lead-up to serious health problems, including cancer… assessing cancer risk and its type, and predicting where the risk is highest in the future through a standard blood test. CDA is powered by a database of over 220,000 samples and cases, allowing it to serve as a new approach to disease and cancer screening.”
To view the full article, visit https://ibn.fm/exhCp
About AnPac Bio-Medical Science Co. Ltd.
AnPac Bio is a biotechnology company focused on early cancer screening and detection, with 142 issued patents as of March 31, 2021. With one CLIA- and CAP-registered clinical laboratory in the United States and two certified clinical laboratories in China, AnPac Bio performs a suite of cancer screening and detection tests, including CDA (Cancer Differentiation Analysis), biochemical, immunological and genomics tests. According to a Frost & Sullivan’s report issued in 2020, AnPac Bio ranked third worldwide among companies offering next-generation early cancer screening and detection technologies in terms of the number of clinical samples for cancer screening and detection in 2019. The company has a significant cancer screening and detection database consisting of approximately 43,900 clinical samples as of March 31, 2021. AnPac Bio’s CDA technology platform has been shown in retrospective validation studies to be able to detect the risk of over 20 different cancer types with high sensitivity and specificity. For more information, visit www.AnpacBio.com.
NOTE TO INVESTORS: The latest news and updates relating to ANPC are available in the company’s newsroom at https://ibn.fm/ANPC
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InvestorNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Announces Scheduled Release of Q3 2021 Financial Results, Conference Call
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InvestorNewsBreaks – Nexstar Media Group Inc.’s (NASDAQ: NXST) Subsidiary Promotes Marc Hefner to Manage Dallas-Based Broadcast and Digital Operations
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InvestorNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces Partnership with Next-Gen Commerce Platform
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CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Unveils New Cannabis Wellness Brand
Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, and its Flora Lab division is launching Munzhi, a new cannabis wellness brand. The mass market brand will initially include 12 products, all certified by INVIMA, the Colombian branch of government that is equivalent to the United Stated Food and Drug Administration. The products will be distributed by five Colombian distributors, including Herson, Mintlab, Unidrogas, Roma and Axa, and will be available in an estimated 800 distribution points. Flora Lab is FLGC’s manufacturing and R&D division; Flora Lab is focused on development of pharmaceuticals, cosmetics and nutraceuticals. According to the announcement, the wellness market in Colombia has reached a $2.3 billion value, and Munzhi will be operating in this space. Initial Munzhi products will include facial serum, shampoo, conditioner, shower gel, body ointment, moisturizing lotion and more .“Through market studies, consumers have indicated they want the wellness benefits of cannabis but at an affordable price,” said Flora Growth president and CEO Luis Merchan in the press release. “Munzhi helps fill that need as well as an important gap in our product portfolio. The inaugural collection for Munzhi includes 12 products across four categories: wellness, hair, body and face. The collection combines the benefits of cannabidiol as an active ingredient, with other plant-based ingredients such as lavender oil and chamomile coconut amongst others.”
To view the full press release, visit https://cnw.fm/IFVw1
About Flora Growth Corp.
Flora Growth is a cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below-market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive. For more information about the company, please visit www.FloraGrowth.ca.
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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
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InvestorNewsBreaks – Trident Acquisitions Corp.’s (NASDAQ: TDAC) Proposed Business Combination Partner Announces Strong Preliminary Q3 2021 Revenues
Trident (NASDAQ: TDAC, TDACU, TDACW), a special purpose acquisition company, previously announced its entry into a definitive agreement with AutoLotto Inc. (doing business as “Lottery.com”), a leading platform to play the lottery online. The agreement allows Lottery.com to become a publicly listed company. Lottery.com today provided preliminary revenue results for its third quarter 2021, which are expected to be between $22.0 million and $24.0 million. The strong performance, which represents greater than 135% sequential revenue growth compared to $9.3 million in the second quarter of 2021, was driven by increased sales in the company’s B2B segment. “I am proud of our strong third quarter preliminary results, which our team achieved while also focusing on completing our business combination,” said Lottery.com CEO Tony DiMatteo. “Lottery.com is a nimble organization with multiple avenues for growth and we have demonstrated our ability to generate very positive results with modest capital. With the completion of our business combination expected in the very near future, we anticipate using the proceeds from the business combination to accelerate growth by leveraging our favorable customer acquisition costs in continuing to expand our customer base.”
To view the full press release, visit https://ibn.fm/jsI6c
About Trident Acquisitions Corp.
Trident is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Trident’s securities are quoted on the Nasdaq stock exchange under the ticker symbols TDACU, TDAC and TDACW. For more information, visit www.TridentAcquisitions.com.
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InvestorNewsBreaks – Digital World Acquisition Corp. (NASDAQ: DWAC) Merges with Trump Entity
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Shares of PepsiCo Inc. (PEP) Have Risen Above Previous 52-Week High
PepsiCo Inc. (NASDAQ:PEP) traded at a new 52-week high today of $161.68. Approximately 337,000 shares have changed hands today, as compared to an average 30-day volume of 4.1 million shares.
PepsiCo Inc. defies analysts with a current price ($161.05) 13.2% above its average consensus price target of $139.78.
In the past 52 weeks, shares of PepsiCo Inc. have traded between a low of $128.32 and a high of $161.68 and are now at $161.05, which is 26% above that low price.
PepsiCo is one of the largest food and beverage companies globally. It makes, markets, and sells a slew of brands across the beverage and snack categories, including Pepsi, Mountain Dew, Gatorade, Doritos, Lays, and Ruffles. The firm uses a largely integrated go-to-market model, though it does leverage third-party bottlers, contract manufacturers, and distributors in certain markets. In addition to company-owned trademarks, Pepsi manufactures and distributes other brands through partnerships and joint ventures with companies such as Starbucks. The firm segments its operations into five primary geographies, with North America (comprising Frito-Lay North America, Quaker Foods North America, and North America beverages) constituting over 60% of consolidated revenue.
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The PNC Financial Services Group Inc. (PNC) Looks to Continue to Trade Above its Annual-High Share Price Today
The PNC Financial Services Group Inc. (NYSE:PNC) traded today at a new 52-week high of $208.07. So far today approximately 123,000 shares have been exchanged, as compared to an average 30-day volume of 1.8 million shares.
The PNC Financial Services Group Inc. share prices have moved between a 52-week high of $208.07 and a 52-week low of $106.85 and are now trading 95% above that low price at $207.92 per share.
PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.
There is potential upside of 28.4% for shares of The PNC Financial Services Group Inc. based on a current price of $207.92 and an average consensus analyst price target of $266.90.
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Shares of Microsoft Corporation (MSFT) Exceed 52-Week High
Shares of Microsoft Corporation (NASDAQ:MSFT) traded today at $309.70, eclipsing its 52-week high. This new high was reached on below average trading volume as 2.3 million shares traded hands, while the average 30-day volume is approximately 24.7 million shares.
Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).
Microsoft Corporation defies analysts with a current price ($308.46) 0.0% above its average consensus price target of $308.31.
In the past 52 weeks, Microsoft Corporation share prices are bracketed by a low of $199.62 and a high of $309.70 and are now at $308.46, 55% above that low price.
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BioMedNewsBreaks – Vivos Therapeutics Inc. (NASDAQ: VVOS), Candid to Bring Airway and Sleep, Oral Health, Orthodontic Therapy Together in Comprehensive Solution
Vivos Therapeutics (NASDAQ: VVOS), a medical technology company focused on developing and commercializing innovative treatments for patients suffering from mild to moderate obstructive sleep apnea (“OSA”) and snoring, and Candid Care Co., a digital platform for oral healthcare, have announced a new collaboration. Under the partnership, the companies will seek to provide patients with a comprehensive, whole-mouth solution to diagnose and treat OSA in adult patients and provide orthodontic treatment from the same provider network. Additionally, under the agreement, Vivos and Candid will join forces to explore new research and development opportunities for device development and other alliances related to orthodontics, OSA and snoring. “Candid was built on a foundation of clinical excellence and has always put patient health first. Since launching Candid in 2017, my co-founders and I have strived to shine a light on the correlation between teeth alignment, oral health and chronic illnesses, like obstructive sleep apnea. Vivos Therapeutics and Candid are where airway and sleep, oral health and orthodontic therapy come together for the first time,” said Candid co-founder and CEO Nick Greenfield of the collaboration. “By combining Vivos’ therapeutic protocol for OSA and its VIP doctor network with Candid’s treatment methodology and CandidPro network, together we look forward to offering a full-service solution for patients suffering from OSA.”
To view the full press release, visit https://ibn.fm/5jXm8
About Vivos Therapeutics Inc.
Vivos Therapeutics is a medical technology company focused on developing and commercializing innovative diagnostic and treatment modalities for adult patients suffering from mild-to-moderate obstructive sleep apnea (“OSA”). The Vivos treatment for mild-to-moderate OSA involves a customized oral appliance and protocols called the Vivos System. Vivos believes that its Vivos System oral appliance technology represents the first clinically effective non-surgical, non-invasive, non-pharmaceutical and cost-effective solution for people with mild-to-moderate OSA. Vivos also sells orthodontic appliances for adults and children. Vivos’ oral appliances have proven effective in over 19,000 patients worldwide by more than 1,250 trained dentists. Combining proprietary technologies and protocols that alter the size, shape and position of the tissues of a patient’s upper airway, the Vivos System opens airway space and may significantly reduce symptoms and conditions associated with mild-to-moderate OSA, such as lowering Apnea Hypopnea Index scores. Vivos also markets and distributes VivosScore, powered by the SleepImage diagnostic technology for Home Sleep Testing in adults and children. The Vivos Integrated Practice (“VIP”) program offers dentists training and other value-added services in connection with using the Vivos System. For more information, visit www.VivosLife.com.
NOTE TO INVESTORS: The latest news and updates relating to VVOS are available in the company’s newsroom at http://ibn.fm/VVOS
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CannabisNewsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Impacting the Pharmaceutical Industry
Lexaria Bioscience Corp. (NASDAQ: LEXX) has remained committed to enhancing the speed and overall efficiency of orally delivered fat-soluble active molecules. The company is leveraging its drug delivery technology, DehydraTECH(TM), in the development of hypertension and anti-viral treatments — a big achievement already making an impact in the pharmaceutical industry. “Since Lexaria began working on this technology in 2014, DehydraTECH has developed considerably and impacted the industry. So far, it has proven useful for potentially treating hypertension, along with the delivery of colchicine, a drug with known SARS-CoV-2 anti-viral properties,” reads a recent article. “DehydraTECH is applied by incorporating an intermediate step in the formulation and manufacturing of existing or orally ingestible and topical products. This is a crucial step that entails mixing the active ingredients as a delivery ‘payload’ with specific fatty acids and infusing the mixture into a substrate material. The next step involves using a controlled dehydration synthesis processing to associate the payload and fatty acids together at a molecular level before integrating the newly combined molecules into end-product production across various dosage form factors. From a commercial standpoint, Lexaria’s technology is proving to provide an additional layer that companies that offer consumer supplements, prescription, and non-prescription-based drugs, cannabis, and nicotine products can use to improve the effectiveness of both new and existing products.”
To view the full article, visit https://cnw.fm/hocWK
About Lexaria Bioscience Corp.
Lexaria Bioscience Corp.’s patented drug delivery technology, DehydraTECH(TM), improves the way active pharmaceutical ingredients (“APIs”) enter the bloodstream by promoting more effective oral delivery. Since 2016, DehydraTECH has repeatedly demonstrated the ability to increase bio-absorption with cannabinoids and nicotine by up to 5-10x, reduce time of onset from 1-2 hours to minutes and mask unwanted tastes; it is also being evaluated for orally administered anti-viral drugs, non-steroidal anti-inflammatory drugs (“NSAIDs”) and more. DehydraTECH has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier. Lexaria operates a licensed in-house research laboratory and holds a robust intellectual property portfolio with 21 patents granted and over 50 patents pending worldwide. For more information, visit the company’s website at www.LexariaBioscience.com.
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InvestorNewsBreaks – Amesite Inc. (NASDAQ: AMST) Launches Version 4.0 of Its A.I.-Driven Online Learning Platform
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MiningNewsBreaks – Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Announces Another Solid Quarter of Production at Platosa
Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) today announced third quarter 2021 production results from the Platosa Mine in Durango, Mexico. Among the highlights, the company reported silver-equivalent (“AgEq”) production of 521,160 oz, the fifth consecutive quarter of over 21,000 tonnes mined and milled and the strongest nine-months of silver production since 2014. “We have had another solid quarter of production from Platosa at the higher productivity rates that we have realized since Q3 2020,” said Brendan Cahill, Excellon’s president and CEO. “We realized good improvements in mill recoveries late in Q3, which we continue to see as Q4 processing has commenced.”
To view the full press release, visit https://ibn.fm/sZobY
About Excellon Resources Inc.
Excellon’s vision is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of its employees, communities and shareholders. The company is advancing a precious metals growth pipeline that includes: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality gold development project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and no modern exploration. The company also aims to continue capitalizing on current market conditions by acquiring undervalued projects. Additional details on Excellon’s properties are available at www.ExcellonResources.com.
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PsychedelicNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Announces Completion of 74 In-Vitro and In-Vivo Evaluations of Expanding Portfolio
Cybin (NYSE American: CYBN) (NEO: CYBN), a biotechnology company focused on progressing psychedelic therapeutics, has announced the completion of its 74th pre-clinical study as it continues to progress its proprietary psychedelic molecules into Investigational New Drug (“IND”)-enabling studies. According to the update, Cybin’s research and development team has completed 74 in-vitro and in-vivo evaluations of the company’s expanding portfolio of psychedelic compounds being designed for potential therapeutic applications for several mental health conditions. More than 50 novel compounds have been evaluated to date through collaborations with experienced contract research organizations for pharmacokinetic/pharmacodynamic profile, metabolic stability, receptor binding and safety to identify preferred candidates for further development. “Cybin continues to demonstrate superior properties of its CYB003 and CYB004 programs as we progress toward first in-human studies, expected in early 2022,” said Cybin CEO Doug Drysdale. “These experiments greatly expand our understanding of the potential therapeutic value of the studied compounds and further demonstrate Cybin’s strong research and development capabilities.”
To view the full press release, visit https://ibn.fm/YWoGa
About Cybin Inc.
Cybin is a leading biotechnology company focused on researching and progressing psychedelic therapeutics by utilizing proprietary drug discovery platforms, innovative drug delivery systems, novel formulation approaches and treatment regimens for psychiatric disorders. For more information, visit the company’s website at www.Cybin.com.
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