One of the companies that had come into focus last week was M2Bio Sciences (OTCMKTS:MRES) after it made a major new announcement. The biotech company, which is involved in the plant based CBD space, came into focus after it provided a key update back on December 15.
Market Action
On Friday, MRES stock slumped 7.69% to $0.0192 with 352.29K shares, compared to its average volume 401.15K shares. The stock moved within a range of $0.0192 – 0.0224 after opening trade at $0.0208.
M2Bio Sciences Announces New Brand Ambassadors
On that day, the company announced that that its health and fitness team had been joined by as many as four new brand ambassadors. The brand ambassadors who have joined the company are all Mixed Martial Arts fighters associated with Extreme Fighting Championship, which is the biggest MMA company in the African continent.
The athletes who have joined as brand ambassadors include Crystal Herbert van Wyk, “Relentless” RoedieRoets, Sylvester “The Gladiator” Chipfumbu and Nicholas “Gokwe-Boy” Hwende. These are all prominent names in the EFC and could add a lot of value to the company’s marketing efforts.
In addition to that, it is perhaps also necessary to point out that owing to their association with Mixed Martial Arts, it has led to each of these athletes to acquire significant knowledge about health and fitness. It may be a good idea for investors to now keep an eye on the M2Bio Sciences stock over the coming days.
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