Two Psychedelics Companies Will Study Effects Of Natural Psilocybin And MDMA In Healthy Volunteers
Health Canada receives applications concerning clinical trials on a regular basis. This time, the licensed producer of natural EU-GMP psilocybin and MDMA Optimi Health Corp. (OTCQX: OPTHF) together with ATMA Journey Centers say they intend to submit a Phase I clinical trial application (CTA) to document the safety of Optimi’s natural psilocybin biomass and MDMA in healthy […]
Delightful Offer: This German Company Sends At-Home Magic Truffles Therapy To US Patients
Numerous life sciences companies are now delivering medicines and treatment through at-home kits for patients with mental health conditions. DrAnsay.com, a German-based firm focused on developing “healthcare firsts,” is joining the trend by providing patients in the United States an opportunity to try the psilocybin telehealth treatment. Both magic truffles and magic mushrooms contain the same psychedelic compound, psilocybin, which makes them suitable for microdosing and […]
Chevron Mulls Divesting Minority Stakes In Three Alaska-Based Oilfields: Report
Chevron Corporation (NYSE: CVX) is looking to offload its interest in over 2,000 oil and gas wells in Alaska, marking its second exit from oil production in the state in 30 years. Bids are due this month, and the sale could fetch around $450-$550 million. The company is offering stakes in three oilfields. It holds around […]
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 […]