In 2017, the company acquired Cannabis Biosciences from $PLPL. The company is seeking to:
* Gain a medical cannabis license
* Grow & Cultivate
* Develop & Produce
* Develop South African Cannabis Facility
$TXTM x Plandaí Biotechnology South Africa
(3/6)
Plandaí Biotechnology SA focuses on the development of plant-based medical research & clinical testing.
They have exclusive worldwide license to development of Phytofare®.
$TXTM
(4/6)
Phytofare® is a green-tea derived extract used to protect cells from damage.
In 2017, the company announced their intent to perform human clinical trials and hoped to obtain FDA clearance to market Phytofare®, use to treat Type II diabetes.
$TXTM x RSAMMD
(5/6)
In 2020, $TXTM signed a joint partnership with Republic of South Africa Medical Marijuana Dispensaries. The goals is to:
* Perform testing on $TXTM proprietary cannabis & hemp extraction technology
* Commercialize the extracts
* Have RSAMMD cover all costs
$TXTM
(6/6)
Facts--
* Subsidiaries are active
* Verified OTC Markets profile
* No reverse split
Catalysts--
* Filings coming no later than June 30th
* Update on cannabis facility
* Progress on FDA approval
* Update on all subsidiaries
• • •
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May 26, 2021 Recap-- @SteveASmithJr confirmed that X Stream Channels is in XFC's portfolio. In addition, $EEGI would become pink current within 30 days.
X Stream Channels (XSC) is a video streaming service. The company produces and distributes physical and digital content.
XSC is entering a hot market where, per Statista, nearly 80 percent of consumers in the US has a subscription video service.
$EEGI
(3/6)
X Stream Channels primarily focuses independent entertainment. In fact, their massive content catalogue allows them to be the largest independently owned streaming service in North America.