Compass Pathways has upsized its IPO financing to $127.5 million, at an offering price of $17.00 per American Depositiry Share (ADS).
Articles
Study: Cannabis Effective for Treating Chemotherapy Side Effects
A study by researchers at Australia’s Chris O’Brien Lifehouse found a 14-25 percent reduction in chemotherapy side effects, such as nausea and vomiting, in patients who used cannabis capsules containing a 1:1 THC to CBD ratio, 9News reports.
Compass’s Upsized IPO Financing Sends ‘Buy’ Signal For Sector
Compass has boosted its IPO financing by roughly 20% AND increased the unit price -- signalling strong interest in the psychedelic space.
Slim Majority Of Arizona Voters Support Marijuana Legalization Ballot Measure, New Poll Finds
The campaign behind an initiative to legalize marijuana in Arizona has their work cut out for them in the coming weeks, as a new poll shows that just a slim majority of voters support the ballot measure.
Federal Agency Tells USDA To Keep Hemp Rules Open For Comment Even Longer
The federal Small Business Administration (SBA) is urging the U.S. Department of Agriculture (USDA) to lengthen a public comment period it recently reopened for proposed hemp rules.
Marijuana Consumer Group Launches Nationwide Get-Out-The-Vote Campaign
With the launch of a nationwide get-out-the-vote campaign this week, marijuana legalization advocates hope to muster cannabis consumers as a powerful voting bloc this November and maintain that momentum for elections to come.
Functional Mushrooms: The Psychedelics Stepping Stone
Functional mushrooms are a large-and-growing health supplements market with synergies to psychedelics operations.
Mexico’s Senate Reconvenes While Cannabis Grows Nearby
The small garden of cannabis plants growing near Mexico City’s Senate building, reported this past March by High Times, has grown to a crop of more than 700 plants, some more than eight feet tall.
Champignon Provides Update on Disclosure Review
Champignon Brands continues to work with the BC Secutiries Commission to complete its disclosure review.
Illinois (Yet Again) Breaks Monthly Marijuana Sales Record
Marijuana sales in Illinois broke yet another monthly record in August, according to a report from the state Department of Financial and Professional Regulation that was released on Tuesday.
Vermont Lawmakers Finally Reach Deal On Marijuana Sales Legalization Bill
A Vermont panel of House and Senate negotiators have reached a final compromise deal on a bill to tax and regulate marijuana sales in the state.
Cannabis Testing Lab Opens in Former New York Prison
In an era when police and prison reform is consistently being called for across the nation, and when cannabis legalization is sweeping the country at a rapid rate, a former prison facility in Warwick, New York is being turned into a cannabis testing facility.
Mydecine Innovations Group, Inc. to Create Special Committee for the Spin Out of US Related Assets
Mydecine is planning to spin out its U.S. legacy cannabis assets.
Compass Pathways Raising Up To $107.2 million For IPO, Valuation $500+ Million
Compass Pathways has set the terms for its IPO, targeting a valuation at or about $544.1 million.
Bipartisan Support For The MORE Act Grows As House Vote Looms
A pending bill that would decriminalize marijuana at the federal level is gaining bipartisan support as a vote on the measure scheduled in the House of Representatives next week approaches.