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GT Biopharma Inc (OTCMKTS:GTBP) Promotes Dr. Raymond W Urbanski To Positon Of Chief Executive Officer

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GT Biopharma Inc (OTCMKTS:GTBP) has today announced a new change in its management. Dr. Raymond W. Urbanski is its new Chief Executive Officer following his promotion. Aside from that, he will also be serving as Chairman of the Board. He is expected to start his roles with immediate effect.

Turn of events

At the point of entry, this official was assigned the role of Chief Medical Officer. As time progressed, he was promoted to become the company’s President and CMO. That was after the business guru discovered how helpful he had been at pushing major initiatives and milestones.

In his line of work, Dr. Urbanski has been one of the big names in propelling crucial programs to highest levels of success. He has also facilitated important internal controls and processes as well. That has helped the organization enhance both its efficiency and effectiveness as well.

Dr. Urbanski worked with Pfizer Inc (NYSE:PFE) first before moving into GT Biopharma. That was over a period of about eight years within which he served in different capacities. At some point he was the company’s Vice President. The passage of time saw him rise higher to become its medical director of diversified products.

The turn of events and future expectations

The company is hoping to benefit a lot from his leadership. That is in close consideration of his extensive experience in drug development. This official also worked with Mylan NV (NASDAQ:MYL) where he was the company’s Chief Medical Officer.

It was also today that this company and (Euronext Paris: GTBP.PA) made a joint statement regarding a Material Transfer Agreement Dr. Daniel Vallera and high end Pharmaceutical provider.

GT Biopharma’s bispecific antibody drug conjugate (ADC) program has been progressing quite well under the leadership of Dr. Vallera. This official is also the big name behind the innovation of a drug candidate called OXS-1550.The target is to help persons struggling with cancer around the globe.

The official is focusing on initial work. And is optimistic it will help a great deal in making elaborate decisions regarding what tumors to target and the most appropriate doses to employ.

*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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American Green Inc (OTCMKTS: ERBB) Expanded its e-commerce Presence, and Marimed Inc (OTCMKTS: MRMD) Announced the Launch of New SKUs

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American Green Inc (OTCMKTS: ERBB) announced that the corporate house had expanded its presence on eBay.com, one of the leading e-commerce platforms. In addition, the company announced that it has started selling Premium Hemp Cream and Hemp Lip Balm on the e-commerce platform. Last December, the group launched its products on Amazon.com. The company is doing well on the virtual platform. Motivated by its success, the corporate house is optimistic about matching sales or exceeding sales on eBay.com.

Company announces free shipping of its products purchased on eBay under ‘Buy it Now’ initiative

American Green Inc president David G. Gwyther went on record and shared that the group is thrilled that its range of premium hemp products is available on eBay. Gwyther informed that its range of products will be made available with eBay’s ‘Buy it Now’ initiative. Under this function, free shipping for all U.S. customers is offered. In addition, the eBay platform will give customers from across the world access to American Green Inc’s products, the president informed. The online platform eBay has more than 185 million users from across the world. Expectations are pinned high, and the company is optimistic that its products will do well on the virtual platform. 

The Online Emporium of the group is persistent in demonstrating year-on-year growth and sales of the products sold under the American Green Inc banner. The group expects more revenue to be generated in September 2021 as it considers eBay a potential income source. 

Marimed Inc (OTCMKTS: MRMD) announced the launch of new SKUs of its Betty’s Eddies brand of cannabis 

Marimed Inc (OTCMKTS: MRMD) announced the launch of its new SKUs of its top-selling Betty’s Eddies brand of cannabis. The products are infused fruit chews. In addition, the group is giving its customers the option to purchase the award-winning Betty’s Eddies brand in a pack as a single-serve pack which will be available for a low cost. The group is optimistic that this will prompt new customers to try the brand. 

The company has re-launched its multi-pack due to demand from consumers

Following the demand from customers, Marimed Inc has re-launched its multi-pack. The newly launched pack will have an assortment of the brand’s original five classic flavors, including Berry Good Things, Orange You Beautiful, O’ My Grapeness, Little Lemon Heaven, and Lime a Good Person. The recently launched multi-pack gives users to try the flavors and purchase the one they love.

*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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Australis Capital Inc (OTCMKTS: AUSAF) to Acquire Outstanding Shares of BW Macaw Group, Inc and Professional Bull Riders Announce Multi-year Agreement

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Australis Capital Inc (OTCMKTS: AUSAF) announced that the group has recently entered into a binding sheet agreement. As per the deal, the group will acquire 100% of both issued and outstanding shares of BW Macaw Group, Inc.

BW Macaw Group, Inc (Herbs) has inked an agreement with EAZE

In the backdrop of the developments, it has come to light that Herbs has inked a distribution agreement with EAZE. The latter is the most significant legal cannabis delivery and distribution company based out of California. Besides this, the group has two contract manufacturers ready to start the production process of the company’s range of products in California. Besides holding a retail license which is a part of a contemplated transaction, it has come to light that Herbs’ business license also gives the freedom to cultivate, manufacture and distribute cannabis products.

More details about the transaction

A sum of US$5 million is the contemplation for the transaction. The amount is payable in stock. The deemed value is calculated using a 10-day volume-weighted average price (VWAP). Once the transaction is completed, it is learned that the company will issue a total of close to 22.6 million shares. The group does not intend to take any long-term debt. 

Australis Capital Inc and Professional Bull Riders Announce multi-year agreement 

Australis Capital Inc announced that the group has entered into a multi-year agreement with Professional Bull Riders. The company operates as AUDACIOUS. The partnership is official, and AUDACIOUS is named the “Official CBD of Professional Bull Riders.” The group will work closely with PBR, which is the world’s leading bull riding organization.

Launch of full PBR-endorsed line of topical CBD products on the cards

The partnership has paved the way for the launch of a full PBR-endorsed line of topical CBD products. The range of products includes pain relief and recovery products manufactured from ingredients such as menthol and lidocaine. The products will be made available as roll-on, gel, and also in spray formats. In addition, AUDACIOUS is all set to launch the new product portfolio of its CBD product line under the Wreck Relief brand name.

*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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Halo Collective Inc (OTCMKTS: HCANF) Completes Sale of Common Shares for Approximately C$20 Million, and Company Launches Two Premium Cannabis Strains in Oregon

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Halo Collective Inc (OTCMKTS: HCANF) announced that it had completed its at-the-market equity financing program. Also known as the ATM program, the company sold as many as 43 million common shares of the group. The sale was made between May 4, 2021, and September 17, 2021. The common shares of the corporate house were sold for a total value of approximately C$20 Million. The distribution of the company’s common shares under the ATM program was done adhering to the equity distribution agreement dated May 4, 2021. 

Here’s how the group plans to use net proceeds

It has come to light that the group plans to use the net proceeds generated from the ATM program for corporate purposes. For example, the company could use the net proceeds to repay its debts; it could be used as working capital or capital expenditures. 

In partnership with DNA Genetics, Halo Collective Inc announces two premium cannabis strains in Oregon

In a strategic partnership with DNA genetics, Halo Collective Inc has announced the official launch of Ztrawberriez and four prophets’ premium cannabis flower. Of these, the first two strains, which are created in celebrating with DNA Genetics to develop DNA Genetics brands by breeding, growing, and processing, will be launched in Oregon. Additionally, the award-winning genetics will be made available at all leading dispensaries in Oregon.

The partnership can result in introducing new strains in the coming quarters

Strawberries and 4 Prophets, the two most sort-after strains of DNA flower, were co-branded with DNA Genetics and were subsequently launched in the Oregon market in August. The sales of the two strains have been good, and this has motivated Halo and DNA Genetics to join hands and work on introducing additional strains. Through the partnership, it is anticipated that new strains will be launched in the coming quarters.

DNA Genetics was established in 2004 and developed high-quality seeds by taking a technical, professional, and ethical approach. Halo Collective Inc is a vertically integrated cannabis company involved in the cultivation, extraction, manufacturing, and distribution of cannabis flowers, oils, and concentrates.

*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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