FSD Pharma Inc. Announces Termination of FSD-201 Phase 2 Clinical Trial

TORONTO–(BUSINESS WIRE)–FSD Pharma Inc. (Nasdaq:HUGE) (CSE:HUGE) (FRA:0K9) (the “Company” or “FSD”) announced today that it intends to terminate the Phase 2 clinical trial of ultra-micronized palmitoylethanolamide (“PEA”), or FSD-201, for use in treating COVID-19. FSD-201 stabilizes mast cells and down-regulates the pro-inflammatory cytokines to effectuate an anti-inflammatory response; it is also known to target the…

Bermuda Wins Asia and Pacific Captive Market Award

HAMILTON, Bermuda–(BUSINESS WIRE)–Bermuda was awarded best non-Asian captive domicile, at Captive Review’s Asia and Pacific (APAC) Virtual Awards and Summit 2021. Bermuda was recently shortlisted alongside: Guernsey, Hawaii, and Vermont, but came through with the win. Roland Andy Burrows, the Bermuda Business Development Agency’s (BDA) CEO, said, “As the world’s premier captive domicile, the BDA…

MyMD Pharmaceuticals Announces Issuance of U.S. Patent for Use of Lead Candidate MYMD-1 for Treating Fibrosis and Asthma

BALTIMORE–(BUSINESS WIRE)–MyMD Pharmaceuticals, Inc. (Nasdaq: MYMD) (“MyMD” or “the Company”), a clinical stage pharmaceutical company committed to extending healthy lifespan by focusing on developing two therapeutic platforms, today announced that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 11,096,933 titled “Method of Treating Disorders Associated with Chronic Inflammation.” The ’933…

Zoned Properties Announces Completion of $8 Million Expansion at Its Chino Valley Cultivation Facility

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Zoned Properties®, Inc. (the “Company”) (OTCQB: ZDPY), a leading real estate development firm for emerging and highly regulated industries including legalized cannabis, today announced an amendment to the lease agreement with its significant tenant related to its cultivation facility located in Chino Valley, Arizona. “After years of project positioning, local collaboration, and real…

CB Therapeutics Expands Biomanufacturing IP Portfolio

SAN DIEGO–(BUSINESS WIRE)–CB Therapeutics is a leading biosynthesis company focused on the research and development of environmentally-friendly products to improve mental health, increase healthspan, and promote longevity. CB Therapeutics is happy to announce that it has been awarded two more patents for the novel methods of production of high value molecules using cutting-edge biosynthesis technologies.…

Flora Growth Closes Investment in Hoshi, Provides Clear Expected Pathway To European Distribution

MIAMI & TORONTO–(BUSINESS WIRE)–Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), an all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced it has closed the previously announced €2M (two-million Euros) investment in Hoshi International Inc. (“Hoshi”) while also increasing its fully-diluted ownership in Hoshi through a securities swap. Further, Flora Growth…

The Very Good Butchers Unveils New Butcher’s Select Line of Gluten and Soy-Free Plant-Based Meats

VANCOUVER, British Columbia–(BUSINESS WIRE)–The Very Good Butchers, the brand of The Very Good Food Company, a leading plant-based food technology company, today announced the launch of its Butcher’s Select sausages, meatballs and burgers. A prime cut of plant-based goodness, this premium line of gluten-free and soy-free foods packs an extra meaty taste and texture while…

SOL Global Jumps Into Michigan Cannabis Market with $20 Million Investment In Common C Holdings LP

TORONTO–(BUSINESS WIRE)–SOL Global Investments Corp. (“SOL Global” or the “Company“) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) is pleased to announce that it has completed an investment in Common C Holdings LP (“Common C Holdings”), a Michigan-based, Delaware limited partnership that provides support services to state-compliant licensed cannabis operators. SOL Global invested USD$20 million in Common…

 Resonate Blends Selects Leading eCommerce Partner to Launch Direct-to-Consumer Sales Platform

CALABASAS, Calif.–(BUSINESS WIRE)–Resonate Blends, Inc. (OTCQB:KOAN), a Wellness Lifestyle cannabis holding company (“Resonate” or “the Company”), has partnered with California’s leading cannabis eCommerce technology company to provide fast, safe, and reliable – statewide home delivery. Resonate Blends has developed the world’s first Cannabis Cordial. The patent-pending Cordials combine THC (psychoactive), CBD (non-psychoactive) with botanical terpenes…