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Branded Legacy Inc. (OTCMKTS: BLEG) Expands its Sales Team, Nova Mentis Life Science Corp (OTCMKTS: NMLSF) Files Neurogenerative Disease Patent

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Branded Legacy Inc. (OTCMKTS: BLEG) has onboarded four new sales representatives as the CBD and hemp-infused drinks and VBD topicals manufacturer looks to expand its sales team.

Branded Legacy appoints sales team to accelerate Spikes CBDX and Elev8 Hemp

Following the induction of Brandon Spikes, Chairman of the Board, into the University of Florida Hall of Fame, the company has hired four new sales executives to help boost sales in three distinct areas. Notably, two sales executives will work in Gainesville and the neighboring areas, one in South Florida and the other in San Francisco Bay. All of them have prior sales experience as well as industry understanding.

Notably, this has shown proven to be useful in keeping up with the ever-changing hemp and CBD trends. As a result, the company’s new sales team has over thirty additional stores ready to start stocking Spikes CBDX and Elev8 Hemp products in the next few days. With an average order value of roughly $500 per site, Branded Legacy, Inc. anticipates rapid revenue growth.

Branded Legacy VP Matthew Nichols said, “After speaking with all of these prospects, it became clear to me that these were the right people for the job. They are all excited about the opportunity to help the company grow revenues, earn commissions and be a part of something great.”

Nova Mentis files patent covering neurogenerative  disease 

Nova Mentis Life Science Corp (OTCMKTS: NMLSF) has filed a genetic neuroinflammatory disease patent describing a therapeutic/diagnostic combination of mRNA molecules encoding proteins responsible for neurogenerative diseases development that include autism spectrum disorder and fragile X syndrome.

Nova Mentis’ Chairman of Scientific Advisory Board, Marvin Hausman, said, “The ability to penetrate the unique genetic language underlying the development of chronic neurodegenerative diseases and assess therapeutic responses opens the door for the development of breakthrough products in the field of psychedelic medicine. In addition, the clinical biomarker data generated with this genetic paradigm can be used to support the potential benefits of a psychedelic drug product IND application with the US FDA (1).”

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.

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Next Green Wave Holdings Inc. (OTCMKTS: NXGWF) Launches 2.0 Sauce Carts, Tetra Bio-Pharma Inc. (OTCMKTS: TBPMF) Terminates Offering

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Next Green Wave Holdings Inc. (OTCMKTS: NXGWF) has officially launched NGW’s 2.0 sauce carts. The carts feature the craft cannabis company’s popular, single source, non-distilled, strain-specific full spectrum sauce.

Next Green Wave unveils 2.0 sauce carts

The company has made several significant product adjustments in response to consumer and retailer input. The third-party hardware quality has been significantly improved to ensure that its premium cured sauce is delivered correctly. To ensure the overall quality of each item, we are now filling and packaging them in-house. The packaging has also been improved to match the company’s premium flower and provide shops with multiple display options. As a result, the NGW sold nearly 2,000 New Carts at margins comparable to its other premium flower product lines in the first week. The company can now scale growth to meet this demand.

CEO Michael Jennings said, “Launching the 2.0 Sauce Carts, from a brand perspective, completes our pivot away from lower margin commoditized products to a total focus on higher margin premium products. In both the premium indoor flower and premium indoor sauce cart categories, we can both leverage the artisanal quality of our products and achieve high margins in ways we cannot in the other branded product categories.”

Tetra terminates previously announced at-the-market offering 

Tetra Bio-Pharma Inc. (OTCMKTS: TBPMF) has terminated a previously disclosed “at-the-market” stock offering program with Canaccord Corp. As a result, the ATM Program will be terminated starting November 11, 2021, and the company will not use the ATM Program. Tetra established the  ATM Program on May 28, 2021, and permitting it to issue and sell around $10 million common shares to the public at its discretion. The company had not sold any common shares under the ATM Program as of the date of this release.

Tetra’s scientific approach has allowed it to establish a pipeline of cannabinoid-based medicinal products for a variety of medical problems, including pain and oncology. The company focuses on providing the rigorous scientific validation and safety data required for inclusion into the existing biopharma business.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
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MedMen Enterprises Inc. (OTCMKTS: MMNFF) Makes Appointments to Board, SLANG Worldwide Inc. (OTCMKTS: SLGWF) Issues Shares For Rights Agreement

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MedMen Enterprises Inc. (OTCMKTS: MMNFF) has announced the election of Ed Record and David Hsu to its Board of Directors.

MedMen makes two new board appointments 

Hsu is an operational and financial turnaround expert. He was most recently the Chief Operating Officer of Cronos Group, where he was in charge of global expansion, cultivation, construction, and production. Hsu spent more than a decade working with Deloitte and CRG Partners, a leading turnaround advisory firm, where he managed and operated distressed firms with revenues of over $500 million prior to joining Cronos Group.

Record has extensive experience in the retail industry, having managed several significant national retailers’ financial and operational success. He formerly worked for Hudson’s Bay Company as Chief Financial Officer. Record was J.C. Penney’s Chief Financial Officer before joining HBC. Prior to joining J.C. Penney, Record worked at Kohl’s, Stage Stores, and Belk.

MedMen Executive Chairman Tom Lynch said, “We are pleased to welcome David and Ed to MedMen’s Board. They bring a wealth of experience in financial and operational turnarounds that will be invaluable to MedMen as we continue to execute against our growth plan.”

Albert Harrington, who has been serving the Board since August last year, and Nicole Christoff, who has been on the board since May 2020, have both resigned and will be replaced by HSU and Record.

Lynch added, “We thank Al and Niki for their dedication and guidance as members of MedMen’s Board, particularly during a period of significant transition and progress.”

SLANG Issues 6.26 million shares as payment for licensing agreement 

SLANG Worldwide Inc. (OTCMKTS: SLGWF) has issued around 9.261 million common shares at a deemed price of CD$0.17362 per share. The cannabis consumer packaged products company issued the shares as payment for a product rights licensing agreement. These common shares have a value of $1.3 million and will be subject to a hold period with expiry on March 3, 2022.

The company specializes in the CPG Cannabis sector by purchasing and developing regional brands and launching innovative brands.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
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Priority Aviation Inc. (OTCMKTS: PJET) Reaches Financing Agreement to Build Student Housing Building In Texas

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Priority Aviation Inc. (OTCMKTS: PJET) has reached terms to finance and construct a student housing residential building in Texas looking to support a private university whose enrolment is 1200 students. In addition, recent Priority Aviation announced a change in business direction with a focus on the student housing market.

PJET launches Airbnb app for student housing 

A software application, set to launch in early December, is at the heart of PJET’s business plan. In addition, the company plans to launch the Student Housing Application next month. Considering student accommodation is in short supply, and just about 22% of students live on campus, PJET expects the Student Housing App to be well received by the resource-strapped student housing market.

The company’s main focus will be underserved small institutions. The physical housing project unveiled today is the first of its kind, and it will complement the Student Housing App program by supporting smaller universities. In addition to providing an App that aims to be the Airbnb of student housing, the Student Housing App is designed to maximize advertising to university students.

Over $376 billion in spending power is projected to be held by 21 million college students in the United States. Last year students spent around $39 billion. The annual cost of clothing and accessories for students is projected to be $67 billion. In addition, universities spend about $1 billion each year on advertising to the university student market.

Income from student housing app  to be supplemented by advertising 

While transaction income from the Student Housing App is expected to be significant, PJET anticipates that advertising to the university student demographic through high margin advertising revenue will be the key profit source. PJET’s Student Housing App design features an artificial intelligence engine that maximizes the App’s usefulness to businesses trying to attract university students.

Earlier this year, PJET shifted its focus to the student housing industry. ACI Conglomerated, PJET’s largest stakeholder, also owns Puration, Inc. (OTC Pink: PURA) and North American Cannabis Holdings, Inc. (OTC Pink: USMJ), and reflects an effort to diversify beyond the cannabis business.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
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