Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.

PINL:GRPOF - Post by User

Traxion Sab De Cv Ord Shs > Great info from FB

<< Previous

Bullboard Posts

Next >>

Comment by Hammertown87on May 03, 2018 7:52pm

197 Views

Post# 27980070

RE:Great info from FB

Tetra Bio-Pharma raised a few extra million dollars this week, as the Orlans-based firm announced an expansion into the European medical cannabis market.

The local cannabinoid drug developer closed a bought-deal financing round of $11.5 million on Monday after upsizing its original plans to raise $8 million. Echelon Wealth Partners served as underwriters on the round.

Tetra says it intends to use the round to advance clinical testing on a cannabis-based pain-relief therapy for cancer patients.

On Tuesday, the firm also announced an expansion into the European cannabis market. The firm’s development and manufacturing partner PS Innovations is seeking European regulatory approval on its inhaler devices, which purport to mitigate pain for medical patients through a blend of cannabis strains.

"This is significant for Tetra since there are a number of European countries, with Germany at the forefront, where medical cannabis has been legalized," said Bernard Fortier, Tetra's CEO, in a statement.

Shares of Tetra Bio-Pharma (TSX-V:TBP) closed at $0.92 on Tuesday, an increase of roughly 10 per cent since the week began. That’s well below the firm’s all-time high of $1.71, however, which it hit in January of this year. Shares of many Canadian cannabis firms took a tumble around that time.