Category: Rumors

Michigan Psychedelics: Measures For Statewide Legalization Advancing As Advocates Spread Awareness

The Hazel Park city council, the third Michigan city to approve a psychedelics decriminalization bill, is now reaffirming that decision by declaring September ‘Entheogenic Plant and Fungi Awareness Month’ to raise awareness on these substances.  The new resolution was sponsored by the original decriminalization bill authored by council member Luke Londo and unanimously approval on September 14, states that entheogenic plants and […]

Psychedelics Companies Seek Innovative Methods To Deliver Assisted Therapies, This One Stands Out

As competence grows, biopharmaceuticals are searching for ways to present their specific psychedelic substance-assisted therapies in a way that might differentiate them from their competitors while maintaining safety and efficiency standards. In this sense, Awakn Life Sciences Corp. (OTCQB: AWKNF), the biotech firm aiming to tackle addictions, has signed a development agreement with Catalent, a […]

Why Manchester United Stock Jumped 7% On Tuesday

Manchester United Ltd (NYSE: MANU) shares traded higher Tuesday amid continued talks of a potential sale. New reports suggest that it would take about £3.75 billion ($4.32 billion) to purchase the English football club from the Glazer family. What To Know: Takeover speculation began after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk jokingly said he would buy the football club on Twitter last month. […]

4 Stocks To Watch When Apple Launches New iPhone At ‘Far Out’ Event

Apple Inc (NASDAQ: AAPL) is expected to debut its iPhone 14 lineup, and its new Apple Watch lineup at the company’s annual September launch event dubbed “Far Out” on Wednesday. The product release will take place at the Steve Jobs Theater at Apple’s headquarters in Cupertino, California, and will be broadcast live on the company’s […]

Indian Car Service Firm Seeks $35M Capital Infusion From SoftBank: Report

SoftBank Group Corp (OTC: SFTBY) might invest $35 million in Indian car service and repair firm GoMechanic, Reuters reported. SoftBank has been in discussions with GoMechanic for more than nine months and was initially uncomfortable with the Indian firm’s valuation request of $1 billion. Vision Fund’s early-stage talks with GoMechanic are being … Full story available on […]

EQT Corp Close To Buying THQ Appalachia: Report

U.S.-based natural gas producer EQT Corporation (NYSE: EQT) is in advanced talks to purchase exploration and production company THQ Appalachia I (THQA) for approximately $4 billion, including debt, reported Reuters, citing people familiar with the matter. Backed by Tug Hill Operating and Quantum Energy Partners, THQ Appalachia I focuses on assets in the Marcellus, Utica/Point Pleasant, and Upper Devonian plays in […]

Oregon’s Psychedelics Law Comes Down To Individuals: Which Counties Will Ban Them?

Measure 109 is Oregon’s 2020 statewide ballot that provides the framework for the rollout of psilocybin services. While they are set to commence in January 2023, the measure also gives counties the possibility to opt-out of the initiative. The measure had the initial support of 56% of total state voters. Cities and counties had until […]

As DEA Withdraws In Psychedelics Battle Over DOI And DOC, Researchers Win – For Now

The Drug Enforcement Administration (DEA) is pulling back efforts to list certain hallucinogens as Schedule I substances after being challenged by scientists. “DOI and DOC are incredible tools for research, as well as mental and physical health,” Panacea Plant Sciences CEO David Heldreth told Marijuana Moment. Heldreth was referring to dimethoxy-4-iodoamphetamine (DOI) and 2,5-dimethoxy-4-chloroamphetamine (DOC). […]

What Psychiatrists Think Of Current US Psychedelics Policies

Psychiatrists differ considerably in their perceptions of certain psychedelic substances. That’s according to a new report from Ohio State University, in which 181 doctors took part in a survey about psychedelic safety and therapeutic value, as well as how they are categorized under U.S. policy. These substances were originally classified in 1970, following the Controlled […]