Red Light Holland Announces Updated Cash Position of Approximately $30 Million

Red Light Holland reports an updated position in cash and cash equivalents of roughly CAD$30 million following its merger with Creso Pharma.

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Psyched Wellness Successfully Completes Its Largest Extraction and Shipment of AME-1 to Asia

Psyched Wellness announces the largest extraction and shipment of its flagship nootropic (AME-1) to Asia.

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Field Trip Health Ltd. Obtains Conditional Approval to List on Nasdaq Under the Symbol “FTRP”

Field Trip Health has received conditional approval to list on the NASDAQ, symbol “FTRP”.

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Levitee Labs Signs Definitive Agreements to Acquire Clinics, Pharmacies, and a Telemedicine Company in Alberta

Levitee Labs announces definitive agreements to acquire 3 specialized pharmacies, a “leading telehealth provider”, and 5 addiction clinics.

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U.S. Sports Authority Backs ‘Liberalization’ Of Marijuana Laws, Official Tells Lawmakers

A representative of the U.S. Anti-Doping Agency this week shifted blame for the Olympics suspension of U.S. runner Sha’Carri Richardson over a positive marijuana test, saying the national sports organization is “heartbroken” over the case and supports “liberalization” of current bans but claiming that its hands are tied with respect to enforcing international drug policy.

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The Other Magic Mushroom: Why a Canadian Startup Is Suddenly Interested in the Fungus From Super Mario

Psyched Wellness wants to bring the Amanita muscaria fungus to the masses.

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Mydecine Expands Portfolio of Novel Molecules Filing New Patent for MDMA-like Compounds

Mydecine files a new patent application in support of its MDMA-based psychedelic drug research.

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New York Senator’s Bill Would Let Farmers Get A Head Start On Growing Marijuana

A New York senator recently filed a bill to create a provisional marijuana licensing category so that farmers could begin cultivating and selling cannabis ahead of the formal rollout of the adult-use program.

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New York Police No Longer Seizing Cannabis in Airports

Police at Albany International and other major New York airports are no longer making arrests, writing tickets, or conducting product seizures in the case of low-level cannabis possession by travelers, according to a Times Union report. ​​​​​​​

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The Psychedelics Revolution: Abundant Opportunities For More Public Companies

The psychedelic drug industry represents the best investment opportunity in life sciences of this century. A multitude of opportunities.

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