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4 Major Updates Set To Move Shares Higher - Mushroomstocks | Mushroomstocks
Albert Labs announces Strategic Investment from Cantheon Capital LLC for First In-Human TrialsMindMed Reports Full Year 2022 Financial Results and Business HighlightsCybin to Participate in the Oppenheimer 33rd Annual Healthcare ConferenceNuminus to Participate in the Sequire Cannabis & Psychedelics Conference on Wednesday, April 5, 2023Braxia Scientific Provides Update on Proposed Irwin Transaction; Company Retains Strategic Clinical Assets and Ketamine Numinus Announces Four Peer-Reviewed Publications from its Chief Clinical Officer in 2023Irwin Naturals Signs Letter of Intent to Acquire Braxia ScientificNuminus Wellness Inc. Reports Q1 2023 ResultsIrwin Naturals and Braxia Scientific Announce Partnership for In-Human Clinical Studies Supporting Pharmaceutical CompanNuminus Develops Mushroom Tea for Use in Psychedelic ResearchIs the Psychedelic Sector Poised for a Comeback?!?PSYC + Nucleus Form New Partnership to Develop and Launch Psychedelic FinderWhat You Need to Know About Numinus Wellness…Numinus provides update on acquisition integration and announces new client financing optionsPSYC Corp’s Psychedelic Spotlight Surpasses One Million Page Views for Fourth Consecutive MonthNuminus to Participate in the H.C. Wainwright 24th Annual Global Investment Conference on September 12-14, 2022The Psychedelic Sector is Quietly Outperforming the S&P 500PSYC Completes and Publishes 2021 Audited Financials; Will Begin Audit of Q1 & Q2 2022Numinus to Participate in the H.C. Wainwright 24th Annual Global Investment Conference on September 12-14, 2022PSYC’s Bonfire Platform Development Progresses; Will Host Free Virtual Community Event on August 29th

4 Major Updates Set To Move Shares Higher

Apr 19, 2017 • 1:43 PM EDT
9 Cannabis Stocks (4).png
5 MIN READ  •  By Michael Berger
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Canabo Continues to Increase Market Share

Since inception, Canabo Medical Inc. (CMM.V: TSX Venture) (CAMDF) has seen significant demand for its services and continues to open new clinics across Canada. Today, the company announced the opening of its 16th clinic in Kelowna, British Columbia, and this facility will be led by Dr. Chemanthi Kalen.

In December, Canabo entered a strategic partnership with Peak Medical Group, which operates partner clinics for Canabo throughout Alberta. Canabo announced that Peak recently opened its second location in Edmonton to accommodate for increasing patient demand.

This development comes less than two weeks after Canabo released the results of a groundbreaking study where 40% of patients who were prescribed medical cannabis to treat pain and anxiety eliminated the use of benzodiazepines within 90 days. The number of patients who stopped using benzodiazepines increased to 45% within a year of treatment.

Invictus MD’s AB Laboratories Enters Into An Agreement With Canopy Growth

This morning Invictus MD Strategies announced that AB Laboratories Inc., a Licensed Producer under the Access to Cannabis for Medical Purposes Regulations, will provide their unique products in Canopy Growth Corporation’s curated CraftGrow line on Tweed Main Street’s online store, that brings high quality cannabis grown by a diverse set of producers. People want variety, they want different choices, and Tweed Main Street is an opportunity in the legal market where patients can see what is available through the convenience of an online store.

With Canada on the global stage as it moves closer to making history by being the first G-7 nation to legalize and regulate access to cannabis for the recreational market and the expected demand that will result, Invictus MD will continue to focus on building out AB Labs and AB Ventures Inc.’s production capacity in Ontario and successfully acquiring Acreage Pharms Ltd.’s production facility in Alberta. After the successful development and acquisition of these facilities, Invictus MD anticipates that it will have the capacity to supply more than 50,000 kg of cannabis by 2020. This creates an attractive value proposition in the burgeoning cannabis market.

GW’s Epidiolex Steps Closer To Approval

If cannabis does not have medical benefits, then why did the American Academy of Neurology (AAN) issue a press release highlighting positive results from one of GW Pharmaceuticals’ (GWPH) studies?

During treatment period, patients taking the low and high dosage of Epidiolex saw a significant decrease in monthly drop seizures (37% and 42%, respectively) when compared to patients taking a placebo (17%).

New data from key secondary endpoints were also encouraging. The results showed a 50% or greater reduction in monthly drop seizures in patients receiving the low and high dosage of Epidiolex, when compared the patients taking a placebo

Another encouraging statistic is related to the improvement in the patient’s overall condition. 66% of patients/caregivers reported an improvement in overall condition at the lower dose while 57% reported an improvement in overall condition at the higher dose. This is better than the 44% reported by patients/caregivers for patients taking the placebo.

GW has continued to prove government agencies and officials to inaccurate when it comes to assessing the medical benefits of cannabis. The company is the only Nasdaq-traded biotech firm focused on developing treatments from the actual cannabis plant. Unlike Zynerba Pharmaceuticals (ZYNE) which develop treatments from synthetic cannabis; GW uses the actual plant and the benefits of this are shown through its continued success in FDA trials.

VPR Launches a Revamped E-Commerce Store Ahead of 4-20

Just in time for the 4-20 holiday, VPR Brands (VPRB) launched its new e-commerce platform in conjunction with the grand opening of a retail location. The revamped website offers all the products available in the retail location. This announcement comes shortly after VPR announced its 2016 financial results and we expect the new e-commerce platform to serve as a catalyst for revenue growth.

Over the last quarter, VPR Brands expanded its product line and introduced several new products. These new products complement the company’s existing product line and will help VPR capitalize on the increasing demand for devices meant for cannabis oil. 



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Important Investor Disclosures 

Disclosure.  Compensated Affiliate.  This report was authored by and is property of Mushroomstocks.  All information and data relied upon in drafting this report is publicly available.  The author believes and considers its sources to be reliable, but does not guarantee the accuracy or completeness of any information contained in this report.  Any and all information, data, analyses and opinions are provided for informational purposes only and is not intended, in any manner, as investment advice.  Any projections or other information generated by Mushroomstocks regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results.  None of the material contained in this report is intended as a solution or offer to sell or purchase a specific stock or any other investment.  This report is not directed to, or intended for distribution or use by, any person or entity that is a citizen, resident or located in any municipality, state, country or other jurisdiction where the distribution, publication, availability, or use of this report is contrary to any governing law or regulation.  The securities discussed in this report may not be eligible for purchase and/or sale in certain jurisdictions or by particular individuals.  It is important that you check any and all governing laws and/or regulations that may be applicable in your jurisdiction.  Investing in securities of issuers organized outside of the United States, including ADRs, entail certain risks.  The securities of non-United States issuers may not be registered with, nor be subject to the reporting requirements of the United States Securities and Exchange Commission.  Please contact a Financial Advisor for professional advice regarding any and all securities investments.  This report is intended for informational purposes only.  Mushroomstocks’s officers, directors, employees, affiliates, or subsidiaries may have positions in securities covered by Mushroomstocks.  Mushroomstocks may receive compensation from the company and/or has a position in the securities mentioned in this report

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Authored By

Michael Berger

Michael Berger is Managing Partner of StoneBridge Partners, LLC and Founder of Mushroomstocks.com. Prior to entering the cannabis industry, Michael was an Equity Research Analyst at Raymond James Financial covering the Energy Sector. Michael has been featured in publications such as The Street, Bloomberg, US Money News, and hosts various cannabis events across North America.


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