Streetbeat News

HLCO

Healing Company Inc (The)

Employees

Industry

All Other Miscellaneous Chemical Product and Preparation Manufacturing

Open

0.00

Mkt cap

12K

Volume

High

0.00

P/E Ratio

N/A

52-wk high

1.64

Low

0.00

Div yield

N/A

52-wk low

0.00

Australia has become the first country to allow physicians to prescribe MDMA for PTSD and psilocybin for treatment-resistant depression. In the US, lawmakers are seeking to advance drug policy changes as part of the National Defense Authorization Act (NDAA), including medical cannabis access for military veterans. The American Medical Association (AMA) has published language concerning the recently-approved Current Procedural Terminology (CPT) III codes applying to psychedelic-assisted therapies. COMPASS Pathways secured up to $50 million in a new term loan facility with Hercules Capital. AdvisorShares Psychedelics ETF (NYSE:PSIL) opened Monday, July 10 at $2.03, improving from prior Monday 3’s opening at $1.89.

Portfolio Pulse from Lara Goldstein

July 11, 2023 | 3:25 pm

Panacea Life Sciences Holdings (OTCQB:PLSH) is expanding its Health and Wellness division with new products and potential acquisitions. The Healing Company (OTCQB:HLCO) has uplisted from the OTC Pink Market to the OTCQB Venture Market and secured up to $7 million in new investment. The company aims to build a community of healing brands through acquisitions in the wellness, supplement and nutraceutical spaces. The new funding and successful uplisting brings hope to a potential NASDAQ listing within the next 12 months.

Portfolio Pulse from Lara Goldstein

July 08, 2023 | 7:14 pm

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