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DIGIPATH INC - $DIGP STOCK NEWS

Welcome to our dedicated page for DIGIPATH news (Ticker: $DIGP), a resource for investors and traders seeking the latest updates and insights on DIGIPATH stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DIGIPATH's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DIGIPATH's position in the market.

Rhea-AI Summary

Hypha Labs, Inc. has appointed Craig Ellins as its Chief Science Officer, known for his expertise in emerging technologies and industries. The company focuses on developing cutting-edge technology for producing active ingredients in functional mushrooms like psilocybin using bioreactors. Aiming to revolutionize the field, they offer pure, consistent, and measurable doses in an easily digestible form for consumer and commercial use. Their technology reduces production time significantly compared to traditional methods, offering a subscription-based service for home use. With the rise of clinical trials showcasing the benefits of functional mushrooms, Hypha Labs is positioned as a key player in this emerging market.

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Hypha Labs, Inc. (OTC PINK:DIGP) changes its name from Digipath, Inc. to focus on producing active ingredients from functional mushrooms like psilocybin using innovative bioreactor technology. The company aims to offer pure, consistent, and measurable doses of these ingredients for consumer and commercial use. With a subscription-based model, Hypha Labs plans to revolutionize the production of functional mushrooms, tapping into the growing market for psychedelic and functional mushrooms as potential treatments for various health conditions.
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Hypha Labs, Inc. will present at the Planet MicroCap Showcase: VEGAS 2024 on May 1, 2024. Stone Douglass and Craig Ellins will host the presentation. Investors can book 1x1 meetings at the Paris Hotel & Casino in Las Vegas.
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Lab Operations sees increased revenue and gross margins, with earnings of $292,533 in Q3 2023 compared to ($576,733) in the same quarter last year. Revenues were $787,549 in the last quarter versus $680,275 in the previous year. Net income was $231,795 compared to ($44,777) last year. Increased sample flow from old and new customers is a positive sign for the industry. Digipath, Inc. plans to sell assets of Digipath Labs, Inc. pending approval from the Nevada Cannabis Control Board.
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DIGIPATH INC

OTC:DIGP

DIGP Rankings

DIGP Stock Data

1.72M
72.15M
19.28%
Dental Laboratories
Manufacturing
Link
United States of America
Las Vegas

About DIGP

digipath, inc., together with its subsidiaries, provides cannabis and hemp lab testing services in the united states. the company offers cannabis lab testing services in las vegas to nevada licensed medical marijuana enterprises. it also provides testing, cannabis education and training, and unbiased cannabis news coverage to the cannabis industry. the company operates as a testing laboratory facility for cannabis, cannabis infused products, hemp, and other botanical nutraceuticals to serve growers, dispensaries, caregivers, producers, patients, and end users of cannabis and botanical products. digipath, inc. was incorporated in 2010 and is headquartered in las vegas, nevada.