Corix Biosciences, Inc. (OTCQB: CXBS) - GW Pharmaceuticals (NASDAQ: GWPH) Should Acquire this Company.

Date : 08/16/2017 @ 7:32AM
Source :InvestorsHub NewsWire
Stock : On The Move Systems Corp. (PC) (OMVS)
Quote : 0.0675  -0.0235 (-25.82%) @ 1:55PM

Corix Biosciences, Inc. (OTCQB: CXBS) - GW Pharmaceuticals (NASDAQ: GWPH) Should Acquire this Company.

Corix Biosciences, Inc. (OTCQB: CXBS) GW Pharmaceuticals (NASDAQ: GWPH) Should Acquire this Company.

Patenting Cannabis and Hemp Strands for FDA Approval Expecting $58 million in revenue

Miami, FL -- (InvestorsHub NewsWire August 16, 2017) EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Corix Biosciences, Inc. (OTCQB: CXBS).

 

CXBS may not be at these levels much longer.

See the Full Press Release and other stories on Corix Biosciences, Inc. (OTCQB: CXBS) at EmergingGrowth.com

http://emerginggrowth.com/?s=cxbs

 

Corix Biosciences, Inc. (OTCQB: CXBS), as the first major player for applications for cancer, the opioid epidemic, and other illnesses and diseases, will patent cannabis and hemp strains for FDA approval that have direct connections to specific ailments.

CXBS just announced a major sales agreement with Positively Green Organics, LLC. (PGO) to sell up to 22,000 pounds of hemp from 150 acres of PGOs harvest monthly.

Under the agreement, PGO will deliver their industrial hemp flower or "bud," to one of Corix's facilities, where Corix will package it for storage and then sell the product on the open pharmaceutical market where it can bring approximately $575 per pound. The sales of the hemp will yield Corix 34% of the gross proceeds.

Michael Ogburn, CEO of Corix Bioscience, Inc., stated, "We are very excited about this agreement and expect to generate over $50 million in revenue over the next 12 months as we are currently fielding several calls per day from purchasers of hemp, CBD oil, and raw flower."

CXBS also recently announced that on August 1st, they moved their tissue cell culture and research divisions into a new 10,122 square foot laboratory in Carson City Nevada, enabling them to produce over 3 million plantlets in the immediate future and 6 million in year two.

CXBS expects to sell 2.2 million of plantlets which will add $8 million in revenue.

On June 5, 2017, Corix Bioscience, Inc. (OTCQB: CXBS) announced it has signed a contract with Segra International, Inc. to build a state-of-the-art tissue culture facility in Nevada. The new facility will allow the company to begin making adjustments to cannabis seed cells and ultimately, its DNA. The goal is to create strains with greater production, stability, and higher yield. These newly developed strains is what will be patented.

 

CXBS may not be at these levels much longer.

See the Full Press Release and other stories on Corix Biosciences, Inc. (OTCQB: CXBS) at EmergingGrowth.com

http://emerginggrowth.com/?s=cxbs

 

Other Emerging Growth News

BTCS, Inc.
Shares of BTCS, Inc., (OTCQB: BTCS) have traded up 500% over six of the last trading sessions beginning three days prior to the company announcing its letter to shareholders. The letter discussed (subject to the completion of additional financing) a plan to create a portfolio of digital assets. However, as one digital currency, Bitcoin, saw a 10% drop yesterday from a high of 4,400 to 3,900, so did shares of BTCS, Inc., giving back almost 50% of is previous days high.

Have a look at Corix Biosciences, Inc. (OTCQB: CXBS)

On The Move Systems Corp.
On The Move Systems Corp., (OTC Pink: OMVS) is another one who has seen a dramatic rise to the tune of 1,400% over the past ten weeks. The company gave back 42% two trading sessions ago however, recovered slightly yesterday. Candlesticks are pointing neutral, however the Bollinger Bands appear to be tightening.

First Bitcoin Capital Corp.
First Bitcoin Capital Corp.s (OTC: BITCF) shares began trading out of the blue just about six sessions ago, two days before the company announced that SinglePoint, Inc. purchased $Weed as money from its joint venture partner. Since, shares have spiked 800% to $3.30 before giving back almost 50% yesterday.

The company addressed its sudden spike in valuation and cautioned investors by stating that the demand for its common shares has reached unrealistic heights, and that the exuberance for not only their own common shares, but for that of all in this space, is far outpacing performance and realistic expectations.

Have a look at Corix Biosciences, Inc. (OTCQB: CXBS). This company seems to have a lot more going for it than the market is giving it credit for.

About EmergingGrowth.com

EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://emerginggrowth.com/722448-2/  Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

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