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Trading Ideas

3 Canadian CBD Players Coming to America; Here’s What You Need to Know

One major catalyst for the U.S. cannabis market is cannabinoid or CBD sales. The passage of the 2018 Agriculture Improvement Act (farm bill) legalized hemp production setting the market up for a strong sales ramp.Hemp contains less than 0.3% of tetrahydrocannabinol (THC), whereas marijuana contains up to 30% of the psychoactive compound. CBD is increasingly presumed to contain properties for wellness and pain management increasing the attractiveness of hemp-infused CBD products, but the U.S. FDA has other thoughts.The FDA has questioned the lack of safety research on CBD products and placed into question the approval of edibles. In addition, CBD …read more […]

Healthcare

CytoDyn (OTC: CYDY) Files for Breakthrough Therapy Designation with the FDA for the Use of Leronlimab for the Treatment of Metastatic Triple-Negative Breast Cancer

VANCOUVER, Washington, Jan. 13, 2020  — CytoDyn Inc. (otc.qb:CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today that the […]

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Supreme Court asks Enforcement Directorate to seize local assets of JPMorgan – report

The Supreme Court on Monday directed the government’s crime fighting agency to seize local assets of JPMorgan in relation to some transactions the bank engaged in with a local real estate company in 2010, according to a Press Trust of India report in Business Standard. JPMorgan declined to comment on the news. India’s Enforcement Directorate (ED) did not immediately respond to a Reuters email requesting comment. …read more […]

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Business News

India’s Supreme Court asks crime fighting agency to seize local assets of JPMorgan: report

India’s Supreme Court on Monday directed the government’s crime fighting agency to seize local assets of JPMorgan in relation to some transactions the bank engaged in with a local real estate company in 2010, according to a Press Trust of India report in Business Standard.

…read more […]