Canadian Psychedelics Company And Nonprofit Team Up To Accelerate Access And Product Launch
Portfolio Pulse from Lara Goldstein
Lucy Scientific Discovery (NASDAQ:LSDI) has partnered with nonprofit psilocybin advocate organization TheraPsil to advance medical psilocybin access and research in Canada. The collaboration aims to expand legal access to psilocybin therapy for patients with end-of-life distress and other serious medical conditions, while collecting real-world data to improve treatment safety and efficacy.
May 18, 2023 | 7:12 pm
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Lucy Scientific Discovery (LSDI) partners with TheraPsil to advance medical psilocybin access and research in Canada, potentially expanding the company's market and brand recognition.
The partnership between LSDI and TheraPsil aims to expand legal access to psilocybin therapy in Canada and improve treatment safety and efficacy. This collaboration could potentially expand LSDI's market and brand recognition in the country, positively impacting the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100