Streetbeat News

CLABF

Core One Labs Inc

https://www.lifestyledeliverysystems.com/

CEO

Brad Eckenweiler

Industry

Medicinal and Botanical Manufacturing

Open

0.10

Mkt cap

4.5M

Volume

100

High

0.10

P/E Ratio

-1.19

52-wk high

0.35

Low

0.10

Div yield

N/A

52-wk low

0.03

Minneapolis Mayor Jacob Frey has signed an executive order deprioritizing criminal prosecution for possession, use, purchase, cultivation and engaging in practices with “entheogenic plants or plant compounds. German company Acid Berlin is selling a reportedly legal LSD prodrug and shipping it through DHL Group to clients based in Berlin. Reunion Neuroscience is on the brink of going private with final court approval. Filament Health gets ready to uplist to NASDAQ in a $210M SPAC deal. Sales of Johnson & Johnson esketamine drug Spravato rose nearly 100% year-over-year. PharmaTher's DMT patch showed positive outcomes, investment toward the clinical stage. Enveric Biosciences unveiled positive results from animal studies of its psilocin prodrug for anxiety. Core One Labs entered a LOI for the first sale of its psychedelic biosynthetic compounds. AdvisorShares Psychedelics ETF opened Monday, July 24, at $1.94, dropping from prior Friday’s closing at $1.99.

Portfolio Pulse from Lara Goldstein

July 24, 2023 | 9:14 pm

Core One Labs Inc.'s subsidiary, GMP Drug Inc., has entered into a non-binding letter of intent with Zollaris Laboratories Corporation for a potential transaction involving the sale of psychedelic compounds. The compounds are formulated by Vocan Biotechnologies Inc. and Awakened Biosciences Inc., also subsidiaries of Core One. The final agreement is subject to conditions including due diligence, negotiation and execution of the definitive agreement, and Zollaris holding a valid controlled substances license from Health Canada.

Portfolio Pulse from Vuk Zdinjak

July 24, 2023 | 1:52 pm

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