Psyence Group Inc (PK) (PSYGF) News

Colorado just legalized ‘magic mushrooms,’ an idea that’s growing nationwide

The initiative allows for the use of psilocybin at state-regulated centers under the supervision of licensed facilitators.
It also legalizes personal private use, growing and sharing of psilocybin and psilocin, as well as three additional psychedelic compounds — DMT, ibogaine and mescaline — by adults over the age of 21. Retail sales are not permitted,…

https://www.cnbc.com/amp/2022/11/12/colorado-just-legalized-magic-mushrooms-an-idea-thats-growing-nationwide.html

Hannam & Partners Financial Promotion of PSYGF

Psyence Group (PSYGF)
First mover into palliative care market supported
by natural psilocybin production
https://psyence.com/wp-content/uploads/2022/09/Psyence_Initiation_FINAL.02.pdf

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Psyence operates one of the first and only federally licensed commercial psilocybin production facilities in the world. Is licensed to cultivate and export psilocybin mushrooms for the legal, global medical market and commercial medical research market.

Preparing to send mushrooms to Canada and Spain for analysis and extraction.

The laboratory has also been expanded to having the capability and equipment to undertake in-process testing on site, crude extraction, as well as to generate Certificates of Analysis (COAs) and undertake testing of the end product.

Boom in psychedelic therapies

https://www.telegraph.co.uk/news/2022/08/20/magic-mushrooms-set-become-uks-ultimate-weapon-against-depression/