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Bitget Lists ALEX Lab (ALEX) On BTC Ecosystem Zone To Support Innovation In Crypto Landscape

Bitget

Chainwire Bitget, the world's leading cryptocurrency exchange and Web3 company, announces the inclusion of ALEX Lab (ALEX) in its Innovation Zone, BTC Ecosystem Zone and DeFi Zone, a pioneering platform in the Decentralized Finance (DeFi) space. This listing marks a significant expansion of Bitget's spot trading spectrum, underlining its commitment to support innovation in the ever-evolving crypto landscape. ALEX Lab, renowned as the first comprehensive DeFi services platform built on Bitcoin via the Stacks blockchain, is set to redefine the financial infrastructure on Bitcoin. Leveraging the unique capabilities of Stacks, ALEX Lab aims to enhance Bitcoin's functionality and reach, establishing a robust financial ecosystem. This groundbreaking project will also feature on Bitget's Launchpool, offering users an opportunity to maximize their returns and engage with the ALEX token in a more meaningful way. ALEX Lab operates under the governance of the ALEX Lab Foundation, a non-profit entity that plays a crucial role in overseeing the protocol's open-source technology. This foundation serves as a neutral platform for stakeholders to collaborate and reach consensus on the project's direction and development. Gracy Chen, Managing Director of Bitget, commented on the listing: " ALEX Lab stands out in the blockchain and cryptocurrency domain for its unique integration with the Bitcoin ecosystem through the Stacks blockchain. Its focus on DeFi services, combined with a structured approach to governance and tokenomics, positions it as an innovative and strategic player in the decentralized finance landscape. Bitget's commitment to embracing and promoting innovative digital assets and projects is reflected in our support for ALEX Lab, fostering development in the DeFi sector. Bitget's listing of ALEX Lab is more than just an expansion of its trading portfolio. represents a stride towards a future where DeFi and traditional finance converge, creating a more inclusive and innovative financial ecosystem." The inclusion of ALEX Lab is a testament to Bitget's strategic expansion and its dedication to diversifying investment opportunities for its users. Over the past three quarters of 2023, Bitget has significantly enriched its spot market offerings with over 255 new listings, providing unparalleled access to some of the most sought-after and valuable digital assets in the industry. Amidst this exhilarating profit spree, Bitget Launchpool served as a fertile ground for innovation, with 34 projects open for staking in the past nine months. For more information about the listing of ALEX Lab, please visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Contact Details Rachel Cheung media@bitget.com

December 15, 2023 10:11 AM Eastern Standard Time

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Bitget Announces Listing of TonUP on Launchpad

Bitget

Chainwire Bitget, the world's leading cryptocurrency exchange and Web3 company, announced it will list the initial exchange offering (IEO) of the high-potential blockchain project TonUP on its Bitget Launchpad platform. TonUP is an outstanding Launchpad running on the TON blockchain dedicated to discovering and fostering projects that present new opportunities to the community. Since launching, TonUP has received support from the TON Foundation, TONcoin.Fund, and ForesightX. TonUP's mission is to support assets with great potential on TON and contribute to the ecosystem's development. During the commitment period, users can commit Bitget’s native token BGB to participate in the TonUP IEO. The BGB swap price will be announced after the holding calculation period ends. Upon closing the commitment window, TonUP tokens will be allocated to each user based on their committed BGB. Gracy Chen, Managing Director of Bitget, highlighted the company's commitment to supporting development across various blockchains and ecosystems, stating, "This project demonstrates TON's innovative potential and the support it offers, aligning with our dedication to providing users access to cutting-edge opportunities. Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. The platform aims to provide valuable investment opportunities by diversifying its offerings." To participate in the TonUP launch on Bitget Launchpad, users can visit this link for more details. Bitget remains dedicated to advancing support for promising blockchain sector development. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@bitget.com Contact Details Rachel Cheung media@bitget.com

December 15, 2023 10:06 AM Eastern Standard Time

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Multifamily Leadership Names Sunbelt Properties as a Top-Ranked Employer in the Best Place to Work Multifamily® Awards

Sunbelt Properties

Sunbelt Properties today announced that it was awarded the #23 spot in the Best Places to Work Multifamily® rankings, and the #42 spot on the Best Places to Work Multifamily® for Women list, presented by Multifamily Leadership. The prestigious accolade was announced at the Multifamily Innovation® Summit in Phoenix, Arizona, held in early December. “We built Sunbelt Properties to improve the experience for the residents of the communities we serve,” said Danielle Miner, Chief Executive Officer of Sunbelt Properties. “We pride ourselves on a culture driven by passion and purpose, and we are proud of this important recognition, which belongs to our entire team.” According to Multifamily Leadership, the Best Places to Work Multifamily® initiative highlights companies that excel in creating and nurturing exceptional workplace cultures. As the multifamily industry evolves, property managers must focus on resident experience and employee engagement as crucial drivers for navigating various challenges and achieving sustained growth. To qualify for the Best Places to Work Multifamily® for Women list, companies must have a minimum of 15 women on their team, regardless of the organization's size. For organizations with more than 60 employees, at least 25% of the workforce should be women. A key factor is the female response rate to internal surveys, which must be 40% or higher, and even more stringent, at 80% for employers with fewer than 25 women. A minimum of 10 female responses is mandatory for consideration. Additionally, organizations must be recognized as a "Best Place to Work" for the current year and demonstrate an 80% average positive response rate among their female employees. For larger companies that conduct selective employee surveys, a minimum of 40% of respondents should be women. This comprehensive set of criteria underscores the importance of female representation and satisfaction in the workplace, highlighting the industry's commitment to fostering equitable and inclusive work environments. "The new era of leadership in the multifamily industry is defined by a commitment to making a positive societal impact,” said Patrick Antrim, Founder and CEO of Multifamily Leadership. “It's about understanding and being aligned with the company's mission and vision, and this alignment is increasingly vital as businesses are called upon to take on greater societal responsibilities. The Best Places to Work Multifamily® honorees are at the forefront of this movement, poised to shape the future with a stronger, more influential voice.” For detailed information and registration for the “Best Places to Work Multifamily®” program, visit www.multifamilyleadership.com/awards. About Sunbelt Properties Sunbelt Properties is a multifamily property management company focused on customer service and providing affordable apartment homes in Alabama, South Carolina, North Carolina, and Georgia. Our on-site management teams care about our residents. Our team is committed to providing safe, clean, enjoyable, and affordable communities throughout the southeast. For more information, please visit www.rentsunbelt.com. Contact Details For Sunbelt Properties infor@rentsunbelt.com Company Website https://www.rentsunbelt.com/

December 15, 2023 10:00 AM Eastern Standard Time

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BNB Chain DEX THENA Integrates Orbs Liquidity Hub

Orbs

THENA, the liquidity protocol and DEX operating on BNB Chain, has announced the integration of Orbs Liquidity Hub. Powered by Orbs’ L3 technology, Liquidity Hub delivers lower fees, MEV protection, gasless transactions, and increased capital efficiency within a simplified UI. THENA has become the second DEX to integrate Orbs Liquidity Hub. A fully decentralized, permissionless, and composable DeFi protocol, Liquidity Hub is powered by the Orbs Network. It enables THENA traders to access the full spectrum of BNB Chain liquidity. Liquidity Hub sits as an optimization layer above the AMM. It taps into external liquidity for better price quotes and lower price impact. By drawing upon the full range of available on chain liquidity, Liquidity Hub delivers better pricing, allowing traders to maximize profits. If Liquidity Hub cannot execute a trade at a better price than the AMM, the transaction will return to the AMM contract and execute through the DEX as usual. The integration of Orbs Liquidity Hub into THENA follows the announcement of a recent funding round between the pair. Orbs has invested $600K into THENA to expand its core products and grow TVL, strengthening THENA’s position as a leading BNB Chain DEX. Orbs has also committed to providing technical solutions that will help THENA enhance on chain swaps to deliver better price efficiency and deeper liquidity. The addition of Orbs Liquidity Hub to THENA directly supports this goal. Orbs’ investment in THENA will be used to enhance user experience including the redevelopment of the protocol’s front-end. THENA also intends to grow its presence within the Asian market through increasing community outreach across the region. Orbs is on a mission to ensure projects on EVM chains can achieve their full potential. The integration of its Liquidity Hub with THENA moves Orbs closer to achieving this goal while ensuring that users on BNB Chain can extract greater value from every trade. About Orbs Orbs is an open, decentralized and public blockchain infrastructure. Its flagship products include TWAP and dLIMIT, limit order and TWAP protocols that are 100% decentralized and EVM compatible. They can be integrated with most DEXs and are currently live with exchanges such as QuickSwap, SpookySwap, Thena, and Chronos. Orbs is developed by a dedicated team of more than 30 people, with team members in Tel Aviv, London, New York, Tokyo, and Seoul. For more information, please visit www.orbs.com, or join our community at: Telegram: https://t.me/OrbsNetwork Twitter: https://twitter.com/orbs_network Contact Details Ran Hammer hello@orbs.com

December 15, 2023 10:00 AM Eastern Standard Time

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Shiba Inu (SHIB) & Retik Finance (RETIK) Under the Spotlight, What to Expect in 2024?

Prodigy Press Wire

As the crypto market grows, discerning the true value of digital assets becomes increasingly complex. Amid this evolving landscape, two tokens - Shiba Inu (SHIB) and Retik Finance (RETIK) - stand out as potentially the most undervalued tokens for 2024. This article explores the factors that contribute to a token being undervalued and how SHIB and RETIK are well-positioned to surpass these limitations. Understanding Undervaluation in the Cryptocurrency Market A token is considered undervalued when its market price is less than its intrinsic value. This discrepancy can arise due to various factors, including market sentiment, lack of awareness, or misunderstandings about the token's utility and potential. Undervalued tokens often offer a significant opportunity for investors, as their prices can increase once the market recognizes their true worth. Click Here To Take Part In Retik Finance Presale Shiba Inu (SHIB): More Than Just a Memecoin Shiba Inu started as a memecoin, a crypto asset that originally needed more clarity or purpose other than being part of a community-driven movement. However, SHIB has evolved significantly since its inception. Ecosystem Development: Shiba Inu is no longer just a meme token; it's developing its ecosystem, including a decentralized exchange (ShibaSwap), NFT projects, and a budding metaverse project. These developments add tangible utility to SHIB, extending its value beyond mere speculation. Strong Community Support: The SHIB community, known as the SHIBArmy, is a powerful force in the crypto world. This community's support and enthusiasm can drive adoption and increase demand for SHIB. Market Sentiment and Adoption: Despite its growing ecosystem, SHIB is often still viewed through the lens of its origins as a memecoin. This perception has kept its price relatively low compared to its potential, marking it as an undervalued token. Retik Finance (RETIK): An Emerging DeFi Powerhouse Retik Finance is a relatively new player in the DeFi space but has already shown significant promise. Further, Retik Finance sets itself apart as more than just a token. It aims to transform DeFi with user-friendly features like a DeFi wallet, swap services, and a DeFi debit card, connecting traditional finance with decentralized solutions. Utility and Features: RETIK, the native token of Retik Finance, is integral to its DeFi ecosystem. It facilitates transactions, governance, and various other functionalities within the platform. This utility is often overlooked, leading to its undervaluation. Innovative DeFi Solutions: Retik Finance aims to bridge the gap between traditional finance and DeFi. Its innovative solutions in areas like liquidity pools, staking, and decentralized lending position it as a valuable player in the DeFi space. Expert Predictions and Market Readiness: Unlike SHIB, which has huge tokens in circulation, Retik Finance is expected to have a more limited supply. This controlled distribution has the potential to create scarcity, thereby increasing demand. Experts predict that RETIK could surge by over 2000% before the year ends, fueled by its utility and the growth of the DeFi sector. $333k Mega Giveaway: Retik Finance is also running a significant giveaway, adding to its appeal. This giveaway not only attracts attention but also demonstrates the team’s confidence in the token's value and future. Further, Retik Finance has recently concluded its first stage of presale and has now progressed to stage 2. Priced at $0.040, the initial presale of Retik Finance has drawn significant attention, amassing a total of $842,815 at the time of writing. Click Here To Take Part In Retik Finance Presale The Undervaluation Factor: SHIB and RETIK Both SHIB and RETIK are currently undervalued for different reasons. For SHIB, it's a matter of evolving beyond its memecoin image, while for RETIK, it's about gaining recognition in a crowded DeFi market. However, both tokens possess strong fundamentals that could lead to significant price appreciation. Market Dynamics and Perception Shifts: As the market dynamics evolve and perceptions shift, both SHIB and RETIK stand to gain. For SHIB, broader adoption of its ecosystem could lead to a revaluation. For RETIK, increased awareness and understanding of its utility in the DeFi space could trigger a similar revaluation. Potential for Growth: Both SHIB and RETIK have substantial room for growth. SHIB's continued ecosystem development and RETIK's innovative DeFi solutions present opportunities for price appreciation as these developments gain traction and recognition. Investor Awareness and Smart Investing: As more investors become aware of the true potential of these tokens, demand is likely to increase. Smart investors are already taking positions, anticipating future gains based on the tokens' undervalued status. Conclusion: The Future Looks Bright for SHIB and RETIK SHIB and RETIK showcase interesting aspects, for investors seeking potential opportunities in tokens that may be undervalued. Each token brings unique features to its specific domain, with SHIB evolving from a meme to a utility token and RETIK making strides in the expanding DeFi market. As 2024 approaches, the potential for these tokens to appreciate is significant, driven by evolving market dynamics, growing ecosystems, and increased investor recognition of their true value. The combination of these factors and strategic initiatives like the Retik Finance giveaway positions SHIB and RETIK as smart investments for those looking to capitalize on undervalued assets in the crypto market. Click Here To Take Part In Retik Finance Presale Visit the links below for more information about Retik Finance (RETIK): Website: https://retik.com/ Linktree: https://linktr.ee/retikfinance Website: https://retik.com/ Linktree: https://linktr.ee/retikfinance Media contact Retik LLC Kingstown, Saint Vincent and the Grenadines Andrew Joel pr@retik.com This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Neither the distribution company nor their partners are responsible for any decisions made as a result of the information presented. Any action taken upon the information on this Press Release is strictly at your own risk. Release ID: 838326

December 15, 2023 09:30 AM Eastern Standard Time

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A Look At Elicio Therapeutics’ (NASDAQ: ELTX) Pipeline: What Does This Cancer-Fighting Company Have In Store For The Future?

Benzinga

By Jeremy Golden, Benzinga Elicio Therapeutics Inc. (NYSE: ELTX) is using precision vaccines, immunomodulators and cell-based therapies to assemble cancer-killing immune responses against both blood and solid tumors. Founded in 2011, the company has developed an innovative pipeline of cancer immunotherapies addressing critical unmet needs. Three vaccine candidates are currently in Elicio Therapeutics’ pipeline: ELI-002, ELI-007 and ELI-008. ELI-002 is Elicio’s lead clinical program for Kirsten rat sarcoma (KRAS) driven cancers caused by a mutation of the KRAS gene. Designed to stimulate an immune response against the seven KRAS mutations driving 25% of solid tumors, ELI-002 is currently being studied in AMPLIFY-201, a phase 1 dose-escalation study. A structurally novel Amphiphilic (AMP) therapeutic vaccine, ELI-002 is comprised of AMP-modified mutant KRAS peptide antigens and ELI-004, an AMP-modified immune-stimulatory oligonucleotide CpG adjuvant. The AMP mKRAS peptides and AMP CpG are targeted to the lymph node, with the goal of enhancing the action of key immune cells. A new formulation, ELI-002 7P, is currently being studied in AMPLIFY-7P, a phase 1/2 trial in patients with high relapse risk mKRAS-driven solid tumors. The ELI-002 7P formulation is designed to provide immune response coverage against seven of the most common KRAS mutations. This is increasing the prospective patient population for ELI-002 while potentially reducing the chance of bypass resistance mechanisms. Pre-Clinical Programs Elicio Therapeutics’ product candidate for BRAF-driven cancers, ELI-007 is a multivalent lymph node-targeted AMP-peptide vaccine directed at BRAF V600E mutations, which are present in 40% of melanoma, 10% of colon cancer and 2% of lung cancer diagnoses. Present-day small molecule inhibitors generate initial responses in BRAF V600E-mutated melanoma. These responses, however, are not sustained because of resistance due to alternative growth signaling pathways and the fact that few initial responses occur in BRAF-mutated colon cancer. ELI-007 draws on previous research and pre-clinical trial data that has shown that T cells can respond to the driver mutation V600E in BRAF. The transfer of tumor-infiltrating lymphocytes that recognize mutated BRAF resulted in a durable complete response in a recent case study. The fact that the protein expression of BRAF V600E is maintained at high levels in these tumors suggests that they would be susceptible to T cells that are specific for the mutated BRAF. Like the KRAS mutations causing the type of cancer that ELI-002 aims to combat, mutations in p53 are found in a large number and wide variety of cancers, accounting for approximately 60% of patients with solid tumors. An AMP-peptide vaccine targeting p53 hotspot mutations could potentially expand and mature tumor-specific T cells through enhanced delivery and immune stimulation in draining lymph nodes to generate tumor-specific immunity capable of eliminating tumor tissue. That is the approach of ELI-008, which stands out as a multivalent lymph node-targeted AMP-peptide vaccine directed at p53 hotspot mutations. ELI-008 is being developed to target hotspot mutations in p53 in solid tumors including colorectal cancer, melanoma and non-small cell lung cancer (NSCLC). Elicio Therapeutics is leading the charge toward treating cancer through vaccination. By combining expertise in immunology and immunotherapy, Elicio is precisely targeting and fully engaging the lymph nodes, the site in our bodies where the immune response to cancer is orchestrated. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

December 15, 2023 09:15 AM Eastern Standard Time

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Healthcare Data Startup Patientory, Inc. Partners With WIVA For Capital

Patientory

Patientory, Inc.,a healthcare data startup, is partnering with students at the Environmental, Social and Governance (ESG) Initiative's Wharton Impact Venture Associates (WIVA) in a capital raise. The WIVA team exclusively invests on WeFunder, where Patientory already raised an ambitious target of $50,000 on the crowdfunding platform that enables non-accredited investors with limited capital to invest in promising early-stage startups with as little as $100. Investors who back the company enter into a Simple Agreement for Future Equity (SAFE), which grants them the right to obtain equity in the company at a future date if it sells shares in a future financing round. Students at WIVA helped connect Patientory to WeFunder after digging deeper into the healthcare industry and discovering the huge challenges associated with fragmented data. Data from the National Association of Chronic Disease Directors shows that approximately 40% of American adults suffer from chronic illnesses, meaning they regularly interact with different parts of the U.S. healthcare system. This results in their healthcare data being scattered across multiple systems. Because hospitals and clinicians store patient’s data in siloed medical systems, it becomes difficult for healthcare practitioners to share this data efficiently. As a result, an estimated 80% of healthcare data is not readily accessible for quality patient care, while the 20% that can be accessed is often monetized without patient consent. Patientory has developed an innovative healthcare AI and data platform powered by blockchain to solve the industry’s problems around data accessibility, especially patients’ controlling their health information. It aims to revolutionize the way healthcare data is managed and shared through two novel solutions. The Patientory Consumer Health Data Wallet enables patients to securely store, share and even monetize their health data, while the Neith Enterprise Dashboard is an analytics portal that enables healthcare stakeholders to mine shared and de-identified consumer health data from the Patientory blockchain network. By providing patients with a simple way to securely store, share and access their health data, Patientory delivers AI-based recommendations to consumers, allowing them to improve their health. In addition, it’s able to match consumers to suitable clinical trials and cost-effective drugs. WIVA gives students real-world experience in impact investing, teaching them how to identify potentially impactful startups. As part of this research, WIVA students conduct a detailed financial and impact analysis on the startups they identify, interview their founders, and help connect them with investors. WIVA student Talia Cohen, W'24, identified Patientory for its potential to improve healthcare outcomes and make a positive impact on the lives of patients. Beyond that impact, Cohen’s team was impressed with Patientory’s financial sustainability. To date, Patientory counts more than 45,000 subscribers to its platform and has generated over $4 million in pharma clinical trial contracts. “As someone who grew up with two parents who were healthcare professionals, I understood the importance of healthcare data and how it can impact patients' lives. I was impressed by Patientory's commitment to giving patients control over their medical data and enabling secure data exchange among healthcare stakeholders,” Cohen explained. “We’re excited to seek the backing of WeFunder’s investment community. Healthcare data is the foundation for improving healthcare around the world,” said Patientory founder Chrissa McFarlane. About Patientory Incorporated in 2015, Patientory Inc. offers a blockchain-based, HIPAA-compliant software platform. Through its two decentralized applications, the NEITH enterprise-focused web portal and the Patientory mobile app, Patientory Inc. empowers patients, medical professionals, and healthcare organizations to securely access, store, and exchange health information in real time with the highest levels of security. As the founding member of the Patientory Association, Patientory Inc. is powered by the PTOYMatrix blockchain network, which facilitates the secure and encrypted storage and exchange of health data. Learn more about Patientory Inc. About Wharton Impact Venture Associates (WIVA) Wharton Impact Venture Associates (WIVA) is a best-in-class impact investing educational program that mirrors typical investment fund activities. Students get hands-on training in sourcing and financial and impact analysis as they link entrepreneurs with potential investors. Contact Details Patientory Chrissa McFarlane chrissa@patientory.com

December 15, 2023 09:00 AM Eastern Standard Time

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Walmart Marketplace - A Game-Changing Channel Expansion For Shopify Brands

eCommerceFastlane

Walmart's Remarkable Growth in E-commerce Walmart's online marketplace has shown remarkable growth, emerging as a formidable competitor in the e-commerce sector. Its innovative approach and dedication to sellers and customers have fueled its rapid rise. Revolutionizing Seller Experience with Low Fees and Fast Payments Walmart has distinguished itself with low fees and faster payment processes, making it an attractive platform for sellers. This strategy is part of Walmart's commitment to creating a more efficient and seller-friendly environment. A Vast and Diverse Product Catalog The platform boasts an extensive product catalog that caters to a wide range of consumer needs. This diversity not only enhances the shopping experience for customers but also provides ample opportunities for sellers. Walmart Fulfillment Services (WFS): Streamlining Operations Walmart Fulfillment Services (WFS) has been a game changer, offering streamlined operations that significantly benefit sellers. This service underscores Walmart's investment in its marketplace infrastructure. Enhanced Integration with Shopify The strategic partnership with Shopify is a key highlight, making Walmart's marketplace more accessible to a broader range of sellers and strengthening the overall e-commerce ecosystem. Competitive Edge with Fee Structure and Product Categorization Walmart's competitive fee structure and vast product categorization set it apart, offering both cost-effectiveness and variety, which are crucial for attracting a diverse seller and customer base. Global Reach and Strategic Partnerships Walmart's global reach and strategic partnerships further solidify its position as a leading player in the online retail space, expanding its influence and capabilities. Investing in Innovative Technology The platform's investment in innovative technology underscores its commitment to staying ahead in the e-commerce race, offering advanced solutions to both sellers and buyers. Readers can visit the full article at eCommerce Fastlane for more detailed insights into the Walmart Online Marketplace. Contact Details eCommerceFastlane Steve Hutt steve@ecommercefastlane.com

December 15, 2023 08:59 AM Eastern Standard Time

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Herbal Dispatch Provides Sales Update and Announces Debt Refinancing

Herbal Dispatch Inc.

Vancouver, BC - TheNewswire - December 15, 2023 - Herbal Dispatch Inc. ( CSE: HERB ) (“ Herbal Dispatch ” or the “ Company ”) is pleased to provide a sales update regarding the Company’s recent revenue growth. In addition, the Company also announces that it has refinanced unsecured convertible debentures in the principal amount of $938,000.   Sales Update   Herbal Dispatch is continuing to experience solid revenue growth. Strong repeat orders and new customer growth is driving domestic month-over-month sales growth through the Company’s medical and wholesale recreational sales channels. In addition, the Company is seeing growing demand for its products internationally, which is contributing to the Company’s revenue growth. The Company has worked hard in 2023 at developing export relationships and this is starting to bear fruit with repeat orders completed to Australia, initial orders completed to Portugal, and additional countries in progress.  It is hoped that these relationships will continue to grow as we enter 2024.   The Company recorded gross sales for October and November of approximately $1.7 million. The Company reported gross sales of $1.5 million in the third quarter ended September 30, 2023.   Debt Refinancing   The Company announces that it has issued an unsecured convertible debenture (the “Debenture”) in the principal amount of $500,000 to a director of the Company. The debenture bears interest at an annual rate of 14% per annum, payable monthly, and matures on January 31, 2025. Subject to the approval of the Canadian Securities Exchange (“ CSE ”), the Debenture will also be convertible, at the holder’s option into common shares of the Company at a price of $0.05 per share, and at the Company’s election, during any period where the trading price of the Company’s common shares is $0.10 or greater for a period of 20 consecutive trading days. Proceeds from the Debenture were utilized to repay existing convertible debentures in the principal amount of $500,000 that were owing to unrelated third parties.   In conjunction with the above, the Company also amended the terms of a convertible debenture in the principal amount of $438,000 owing to another director of the Company. The amended debenture bears interest at an annual rate of 14% per annum, payable monthly, and matures on January 31, 2025. Subject to the approval of the CSE, this debenture will also be convertible, at the holder’s option into common shares of the Company at a price of $0.05 per share, and at the Company’s election, during any period where the trading price of the Company’s common shares is $0.10 or greater for a period of 20 consecutive trading days.      ABOUT HERBAL DISPATCH INC. The Company owns and operates leading cannabis e-commerce platforms and is dedicated to providing top quality cannabis to informed consumers at affordable pricing. The Company’s flagship cannabis marketplace, herbaldispatch.com, is a trusted source for exclusive access to small-batch craft cannabis flower and a wide-array of other product formats. The Company’s common shares trade on the Canadian Securities Exchange under the symbol “HERB”   For further information: Philip Campbell, CEO and Director Email: IR@herbaldispatch.com Telephone: 1-833-432-2420   CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: Certain statements in this news release, including statements or information containing terminology such as “anticipate”, “believe”, “intend”, “expect”, “estimate”, “may”, “could”, “will”, and similar expressions constitute “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, that address activities, events, or developments that the Company or a third party expect or anticipate will or may occur in the future, including the Company’s future growth, results of operations, performance, and business prospects and opportunities are forward-looking statements. These forward-looking statements reflect the Company’s current beliefs and are based on information currently available to the Company. These statements require the Company to make assumptions it believes are reasonable and are subject to inherent risks and uncertainties.   Actual results and developments may differ materially from the anticipated results and developments discussed in the forward-looking statements as certain of these risks and uncertainties are beyond the Company’s control. These risk factors are interdependent and the impact of any one risk or uncertainty on a particular forward-looking statement is not determinable. Examples of forward-looking statements in this news release and the key assumptions and risk factors involved in such statements include, but are not limited to, executing the Company’s strategic growth initiatives for 2023 and beyond, which includes: (i) growing medical sales from its new online e-commerce platforms; (ii) growing recreational sales via direct delivery orders to retailers; and (iii) achieving revenue growth from export sales. The successful execution of these initiatives is subject to a number of risks and uncertainties, including industry competition, and future customer demand for the Company’s products, among others.   Consequently, all of the forward-looking statements made in this news release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected effects on the Company. These forward-looking statements are made as of the date of this news release. Except as required by applicable securities legislation, the Company assumes no obligation to update publicly or revise any forward-looking statements to reflect subsequent information, events, or circumstances.   THE CANADIAN SECURITIES EXCHANGE (THE " CSE ") HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS NEWS RELEASE. NEITHER THE CSE OR ITS MARKET REGULATOR (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

December 15, 2023 08:00 AM Eastern Standard Time

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