STOCK TITAN

GB SCIENCES INC - GBLX STOCK NEWS

Welcome to our dedicated page for GB SCIENCES news (Ticker: GBLX), a resource for investors and traders seeking the latest updates and insights on GB SCIENCES stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GB SCIENCES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GB SCIENCES's position in the market.

Rhea-AI Summary

Gb Sciences (OTCQB:GBLX) has completed the sale of its last cannabis facility for $8 million, transitioning fully to a biopharmaceutical company focused on developing therapies for Parkinson's disease and COVID-related conditions. The sale will improve the company's balance sheet by reducing debt and increasing cash liquidity. Management aims to uplist and attract institutional investors, leveraging its pipeline of patent-protected formulations. Gb Sciences holds multiple patents and has established partnerships for its drug development, now preparing for clinical trials.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Gb Sciences has announced promising results for its cannabinoid-containing therapy aimed at treating cytokine release syndrome (CRS), a severe complication of COVID-19. The research, conducted by Michigan State University, indicated that complex mixtures of synthetic cannabinoids effectively reduced biomarkers associated with CRS and showed potential for use in related conditions. As the Omicron variant emerges, Gb Sciences aims to accelerate development of this therapy, which targets the immune response rather than the virus itself. The company holds several patents and is developing multiple drug candidates.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
covid-19
-
Rhea-AI Summary

Gb Sciences has introduced its AI-enabled drug discovery platform, PhAROS™, aimed at accelerating the development of plant-inspired therapies.

By streamlining the drug development pipeline, the company dramatically reduces the time from ideation to candidate selection from seven years to 1.5 years.

Gb Sciences has also secured three U.S. patents for therapies targeting Parkinson's disease, with five preclinical candidates in development. Collaborative partnerships with seven universities and Purisys, Inc. enhance its resource efficiency and supply chain reliability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
partnership
Rhea-AI Summary

Gb Sciences (OTCQB:GBLX) has launched new preclinical studies at the National Research Council of Canada, utilizing its AI-driven PhAROS™ platform to identify novel, plant-inspired formulations aimed at treating depression and anxiety. This marks the company's first non-cannabis formulations in preclinical testing. The formulations are based on a new combination of plant compounds, replacing potentially liver-toxic ingredients from the kava plant with safer alternatives from the Piper plant family. The studies may lead to innovative treatments for mental health disorders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Gb Sciences (OTCQB: GBLX) has reported promising results from a preclinical study at Michigan State University, indicating the potential of its cannabinoid-containing complex mixtures for treating hyperinflammatory conditions like Cytokine Release Syndrome associated with COVID-19. The company upgraded its provisional patent application to a nonprovisional one on August 18, 2021. The study showcased the mixtures' ability to modulate pro-inflammatory cytokines while maintaining anti-viral immune responses. Gb Sciences aims to advance these findings into clinical trials to address critical health challenges.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
33.33%
Tags
covid-19
-
Rhea-AI Summary

Gb Sciences (OTCQB: GBLX) announced that Dr. Andrea Small-Howard, President and Chief Science Officer, will present at the H.C. Wainwright 23rd Annual Global Investment Conference from September 13 to 15, 2021. The presentation will focus on the company's plant-inspired therapies targeting COVID-related cytokine release syndrome, chronic pain, and Parkinson's disease, along with the proprietary AI-enabled drug discovery platform, PhAROS. Dr. Small-Howard will also share results from a recent proof-of-concept study regarding therapies for hyperinflammation due to COVID-19.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
33.33%
Tags
covid-19
Rhea-AI Summary

Gb Sciences (OTCQB:GBLX) will present at the SNN Network Summer Virtual Event 2021 on August 18 at 3 PM EST. Dr. Andrea Small-Howard, President and Chief Science Officer, will lead the session, discussing the company's recent shift from cannabis to biotech, emphasizing FDA-regulated pathways for cannabis-based products. Interested investors can attend live via webcast or schedule 1-on-1 meetings through the event platform. Past presentations are accessible later on the conference platform.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
-
Rhea-AI Summary

GB Sciences has completed a data science study utilizing its PhAROS™ AI-accelerated drug discovery platform, identifying therapeutic mixtures from the Piper plant family for treating anxiety, depression, and pain. The company plans to initiate animal testing for these mixtures next quarter. They have filed additional US patent applications for the identified therapeutic mixtures, which aim to provide effective alternatives to traditional therapies like Kava. GB Sciences is also preparing for a First-in-Man clinical trial for its lead Parkinson's disease program.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

GB Sciences has launched an AI-driven drug discovery platform named PhAROS, aimed at revolutionizing the identification of effective plant-based therapeutics. This technology reduces the time and investment needed to develop novel formulations by facilitating early exploration and validation of combinations of active ingredients derived from plants. Initially focused on cannabis, the platform now encompasses diverse natural products. The company has a robust pipeline with multiple preclinical programs targeting complex diseases like Parkinson's, aiming for patient-ready formulations while minimizing side effects.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20%
Tags
none
Rhea-AI Summary

GB Sciences has announced the promotion of Dr. Andrea Small-Howard to President, retaining her roles as Chief Science Officer and board member. Dr. Small-Howard, a founding member of the company, has significantly contributed to its strategic direction and innovative programs, including a novel AI-enabled drug discovery platform and over 50 patent applications. The company aims to advance its drug pipeline targeting conditions like Parkinson's disease and chronic pain. CEO John Poss emphasizes her importance for the company's future success, focusing on growth in evidence-based medicine.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20%
Tags
management

FAQ

What is the current stock price of GB SCIENCES (GBLX)?

The current stock price of GB SCIENCES (GBLX) is $0.0062 as of April 16, 2024.

What is the market cap of GB SCIENCES (GBLX)?

The market cap of GB SCIENCES (GBLX) is approximately 2.6M.

GB SCIENCES INC

OTC:GBLX

GBLX Rankings

GBLX Stock Data

2.56M
400.28M
12.22%
Biotechnology
Healthcare
Link
United States of America
Las Vegas