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M2Bio Sciences (OTC PINK:MRES) has appointed Dr. Esmarilda Dankaert as Chief Innovation Officer (CINO). Dr. Dankaert, a Counselling Psychologist with a doctorate from the University of Johannesburg, will lead technological advancements across M2Bio's divisions, focusing on integrating AI for mental health interventions. She brings extensive experience in psychology, psychometry, quality assurance, and AI ethics. Between January and February 2025, she will visit M2Bio's Dubai offices, delivering keynote speeches and engaging with stakeholders across the Middle East. Her role will focus on developing AI-driven technologies for mental health solutions and advancing the company's research capabilities in biotechnology and nutraceuticals.
M2Bio Food and Beverage, a division of The Institute of Biomedical Research Corp. (OTC PINK:MRES), has announced a strategic shift away from CBD-infused food products. The company cites complex scientific and regulatory challenges associated with CBD as the primary reasons for this decision. Instead, M2Bio will focus on expanding its core offerings, particularly the Liviana® product line, known for premium, organic ingredients.
This pivot is expected to streamline operations and open up broader distribution opportunities, especially in international markets where CBD restrictions have been a barrier. While discontinuing CBD in food products, the company will continue exploring CBD's potential in topical applications for pets with skin conditions. This strategic move aims to enhance value for customers, partners, and shareholders by focusing on areas where M2Bio can more reliably control and optimize health benefits.
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