InCaseYouMissedIt: $VBIO Announces Positive Results for Cannabinoid Antibiotics
Vitality Biopharma, Inc. ( OTCQB : VBIO ) (“Vitality” or the “Company”), a corporation dedicated to the development of cannabinoid prodrug pharmaceuticals, and to unlocking the power of cannabinoids for the treatment of serious neurological and inflammatory disorders, today announced that it has obtained positive results demonstrating antimicrobial activity of cannabinoids and filed for patent protection on the use of cannabinoid compounds for the treatment of microbes including Clostridium difficile and other “superbug” pathogens.
Can The Aging Process In Your Brain Be Reversed By Marijuana
A new study by scientists at the University of Bonn, written up in the journal Nature Medicine, found that aging mice treated with daily small doses of THC actually experienced a reversal of cognitive decline. That is, they started doing better on cognitive tasks, such as going through a maze.
$VNNYF Announces $200,000 Above-Market Private Placement
Vinergy Resources Ltd. in conjunction with its proposed acquisition of MJ Biopharma (announced December 14, 2016) is pleased to announce that it intends to complete a non-brokered private placement offering of up to 400,000 units (the “Units“) at a price of USD $0.50 per Unit for gross proceeds of up to USD $200,000 (the “Offering“). Each Unit will consist of one common share in the capital of the Company (a “Share“) and one transferable common share purchase warrant (a “Warrant“), with each Warrant exercisable into one additional Share at a price of USD $1.00 for a period of three years from the date of closing (subject to acceleration in certain circumstances).
This Represents A Premium Of 46% To Wednesday’s (5-10) Closing Price & More Than 200% Premium To The Prior Round Of Financing Done By The Company
More Conversation Is Being Brought Up About Marijuana Banking
State officials are wrestling with how to move the industry’s money out of bags and into something more secure and stable as California leans toward a recreational marijuana marketplace next year when cannabis will be available for sale to adults without medical marijuana cards.
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