NA Proactive news snapshot: AgraFlora Organics International, CytoDyn, Acasti Pharma, Biocept …

NA Proactive news snapshot: AgraFlora Organics International, CytoDyn, Acasti Pharma, Biocept …

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AgraFlora Organics International Inc (CSE:AGRA) (OCTMKTS:AGFAF), the international cannabis group, has hired marketing firm Gatekeeper Growth to drive sales of its Whole Hemp Health products on the likes of retail giant Amazon (NASDAQ:AMZN) and other platforms. The products are a proprietary line of hemp-derived cosmetic products developed and made by Canutra Naturals - a wholly-owned subsidiary of AgraFlora.  "We are pleased that we conform with Gatekeeper’s strict product criteria and to be selected as a partner to their proven sales model, which de-risks our online advertising strategy," said Canutra's CEO Tony Harris. CytoDyn Inc (OTCMKTS:CYDY), a late-stage biotechnology company, revealed continued positive data from its clinical trials evaluating its lead drug leronlimab (PRO 140) for the treatment of metastatic triple-negative breast cancer (mTNBC) and metastatic breast cancer (MBC). The company shared results from the first five patients. CytoDyn CEO Nader Pourhassan said the company was hopeful that this would clear the path for CytoDyn to file for Breakthrough Therapy designation for all solid tumor cancers. Acasti Pharma Inc (NASDAQ:ACST) (CVE:ACST) CEO Jan D’Alvise said that the company was making “steady progress” with the audit of its TRILOGY 1 study data of its lead drug, CaPre. The Laval, Quebec-based company reported preliminary topline results for the primary endpoint from its Phase 3 TRILOGY 1 trial for CaPre, an omega-3 phospholipid to treat severe hypertriglyceridemia. WeedMD Inc (CVE:WMD) (OTCMKTS:WDDMF) announced Friday that it received notice from the TSX Venture Exchange that documents connected to its November 29 acquisition of Starseed Holdings Inc have been accepted for filing. WeedMD has agreed to conduct the acquisition by issuing nearly 72 million shares of common stock and granting 6.5 million stock options in exchange for shares and stock options of Starseed. Starseed will granted three nominations to the board OTC Markets Group Inc (OTCMKTS:OTCM) is congratulating lawmakers for introducing bipartisan legislation on Tuesday that would help qualified public companies trading on an over-the-counter market to offer Employee Stock Ownership Plans (ESOPs). The ESOP Fairness Act (S.3270) (H.R.5851) was put forth simultaneously by Senators Thom Tillis (R-NC) and Gary Peters (D-MI) and Representatives Mike Kelly (R-PA-16) and Brian Higgins (D-NY-26) in the House. Fidelity Minerals Corp (CVE:FMN) has entered into a debt settlement agreement, in which it will pay AUD$20,000 and issue 300,000 common shares of stock in order to cover AUD$100,000 in obligations. The Vancouver-based mining company said it decided to satisfy a portion of the outstanding indebtedness with shares in order to preserve its cash for operations. The transaction will require approval from the TSX Venture Exchange.

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