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Institute of Biomedical Research Corp is a pioneering nutraceutical biotechnology company headquartered in Montenegro, leading the field in alternative plant-based cannabinoids and medical psilocybin research. Their core focus on mental health therapeutic research, powered by cutting-edge artificial intelligence (AI), sets them apart in the industry. The M2Biome division, a vital aspect of their operations, is dedicated to offering evidence-based, sustainable products catering to individual needs effectively. Over the recent years, the company has witnessed significant growth and achievements, venturing into diverse product ranges and expanding its global market outreach.
M2Bio Food and Beverage, a division of The Institute of Biomedical Research Corp. (OTC PINK:MRES), has announced a strategic shift away from CBD-infused food products. The company cites complex scientific and regulatory challenges associated with CBD as the primary reasons for this decision. Instead, M2Bio will focus on expanding its core offerings, particularly the Liviana® product line, known for premium, organic ingredients.
This pivot is expected to streamline operations and open up broader distribution opportunities, especially in international markets where CBD restrictions have been a barrier. While discontinuing CBD in food products, the company will continue exploring CBD's potential in topical applications for pets with skin conditions. This strategic move aims to enhance value for customers, partners, and shareholders by focusing on areas where M2Bio can more reliably control and optimize health benefits.
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