Pressure BioSciences, Inc. (OTCQB:PBIO) a global leader in the development and sale of broadly enabling, high-pressure-based products and services to the life sciences industry, and One World Products, Inc. (OTCQB: OWPC) the largest Black-controlled, fully-licensed hemp and cannabis producer in Colombia, today announced they have entered into an active collaboration agreement to develop an innovative line of next generation sports performance/recovery drinks.
Pressure Biosciences Inc (OTCMKTS:PBIO) is involved in the manufacturing and development of pressure-based instruments meant for wide use and in recent days it has seen its stock go on a remarkable rally. Over the course of the past two weeks, the stock has gone on a major run and managed to clock gains of as much as 65% amidst heavy interest.
The company had been in the news last week on January 27 when it announced that it had gone in for a collaboration agreement with One World Products to create a range of advanced sports performance and recovery drinks. One World Products is the biggest black-controlled hemp and cannabis-producing company based out of Columbia.
The move into the fast-growing sports drinks market may have been one of the reasons behind the continued rally in the stock. The two companies believe that they have complementary strengths and hence, they could collaborate on the development of these drinks. Pressure Biosciences has come up with its own UltraShearnanoemulsions platform technology and that is something that could help in the development of these drinks.
As it happens, the technology has already managed to demonstrate the capability of producing excellent results for a wide range of consumer products. If the company can continue to find functions for its technology across a range of consumer products then it is only going to grow in importance in the future. It could be a good idea to keep an eye on the Pressure Biosciences stock.