Pressure BioSciences Inc. (OTC:PBIO) Stock Rallies Over 10%: Here is Why
Pressure BioSciences Inc. (OTC:PBIO) is a leader in the industry related to the manufacturing and sales of pressure-based instruments that could be put to use across sectors. On December 1, the company announced that its collaborator, the Veterans Service Team (VST), had launched the first availability of a joint project. It should be noted that VST is a self-funded, not-for-profit entity involved in providing support and wellness to active members as well as former members of all branches of the United States Military and Coast Guard.
The collaborative project between the company and VST is Nano CBD Tropical Spray. The product had been manufactured using the path-breaking fast performance provided by the patented UltraShear nanoemulsions platform technology provided by Pressure BioSciences. The product would be marketed under the brand name ‘Valor CBD’ by VST and had been named as a tribute to the courage of those who serve the country.
“There are few organizations with a mission as honorable as VST’s, supporting veteran’s challenges of pain, PTSD, anxiety, and more, and focused on helping them in multiple ways to succeed and thrive,” said Richard T. Schumacher, PBIO’s President & CEO. “The remarkable performance of the UltraShear Nano-CBD product is closely aligned with that mission (fast-absorbing with reliable payload delivery) to ensure our Vets are getting the best-in-class CBD product on the market, which they so eminently deserve! Our UltraShear Nano-CBD Topical Spray is now available to VST members and non-members alike as “Valor CBD” at www.vst.org, with all profits going to charities supporting veterans and animal welfare.”
The Chief Executive Officer and Chairman of Pressure BioSciences, Richard T. Schumacher, spoke about the company’s latest project as well. He called the mission of VST highly honorable since it supported the challenges faced by many veterans, like anxiety, pain, PTSD, and other issues. The performance delivered by the UltraShear-powered Nano CBD product was also aligned with that particular mission, he asserted.
The product was not only fast-absorbing, but its payload delivery was also highly reliable. Such a product ensured that the veterans would be able to use the best CBD product available on the market. In the summer of 2023, the company announced a five-year strategic partnership with VST. The partnership had been focused on benefiting the cohorts of veterans and also those on active duty. VST had also independently verified Pressure BioSciences’ Ultra Shear Technology and concluded that it was the world’s leading platform for the creation of CBD nanoemulsions.