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DID we all forget that they Cut back global operations?
Lets talk wasted money for a bit.
How is they Up?
Missed out on some news. A good way to catch up
Cannabis Countdown: Top 10 Marijuana and Psychedelic Stock News Stories of the Week
CLick Here to read Top 10
A good way to catch up on News You may have missed
https://www.thecannabisinvestor.ca/cannabis-countdown-top-10-marijuana-and-psychedelic-stock-news-stories-of-the-week-6/
We Should ALl focus on whats happening in the World. What will "Social Distancing" To to peoples Mental Health.
Top News Stories you guys may have missed. A good Way to catch up on News.
Cannabis Countdown: Top 10 Marijuana and Psychedelic Stock News Stories of the Week
News Is Here
Too Early for Nasdaq. They dont have anything to offer investors or patients for that matter.
why, This is only a check up on MC-18
I have a lot to read tonight. Thanks for the heads up
DS CPA. Yes, The companies in the Psychedelic Industry are new.
Your questions:
1. Yes, Web asset were purchased from another company. This is mentioned in Sedar.
2. The website does look basic as of right now. I am going to assume they did not put time into a nice site until the company finishes with the acquisitions. The CEO mentioned this in a interview on the 7th.
3. Social Media. Yes. The company is still young. What do you expect. Look back at your Mehdipharms Labs or any othe the other trading psychedelic companies. BASIC PR.. You will see the same thing happened there too.
4. Sure Roadman.. Most of all these big business were merged with companies such as this.
But any way. Good to have you on the board. We will need your expertise on LABS when we know more about how PAT is going help Take Champignon Brands to the next level.
Cheers!!!
Mushroom Medicine to be made by CHampignon Brands.
Champignon Brands Is Turning Magic Mushrooms Into Medicine
SeekingAlpha Article here
Summary
Medical professionals are beginning to use psychedelics to treat a host of mental disorders.
Champignon Brands is growing a vertically integrated psychedelic drug company.
Other major competitors are using different drugs to treat different disorders, leaving Champignon more room to operate.
Investment Thesis
The never-ending quest of medical researchers seeking treatments for mental disorders has led them to, of all things, psychedelic drugs. Recent studies have shown these types of drugs have serious potential to treat common ailments like addiction, depression, post-traumatic stress disorder (PTSD), and obsessive-compulsive disorder (OCD).
Companies are starting to take notice of this multi-billion dollar opportunity and are beginning to develop drugs and perform widespread clinical studies, with the goal of bringing doctor-prescribed medications to market. One company that got its start in the functional food industry is making the leap into a full-blown drug developer.
Champignon Brands (OTCPK:SHRMF) (CSE:SHRM) completed its IPO earlier this year. The company's mission is "pursuing the development and commercialization of rapid onset treatments capable of improving health outcomes, such as depression and post-traumatic stress disorder, as well as substance and alcohol use disorders." The company intends to develop novel medications, run them through clinical trials and then receive regulatory approval to have them prescribed to patients in the U.S. and beyond.
Fungal Origins
While the end goal is to develop a novel medication, Champignon Brands got its start selling non-psychedelic, mushroom-infused consumer packaged good (CPG) products. Their first product was their Vitality Superteas. The company claims that the teas, which come in a variety of flavors and formulations, can assist with sleep, stress, and cognitive function.
Champignon is also partnering with a coffee company to develop a cold-brewed coffee product with many of the same infusions as their teas. Once finished, the product will be sold at the coffee company's cafe, as well through Champignon's online platform. Having the product available in a cafe will allow the company to better market the product and spread awareness through word of mouth advertising.
These are just the first of many products that management has in the pipeline. The company strongly believes in the functional food market and for good reason: the global functional food market is estimated at over $160 billion. Management intends to use the proceeds from their CPG division to help fund the R&D necessary to bring their psychedelic medicines to market.
Magic Medicine
To fast track their drug development pipeline, Champignon acquired Tassili Life Sciences Corp. Tassili has been partnering with the University of Miami to conduct research on using psilocybin to treat PTSD and traumatic brain injuries. The partnership allows for Tassili to keep any of the intellectual property developed from the studies. The company has thus far filed four provisional patent applications as a result of the research. The real money in this industry will be derived from patent-protected medications, so Champignon's acquisition of a company led by scientists familiar with developing medical intellectual property is crucial.
In order to save on costs and conduct more efficient research, the company intends to become as vertically integrated as possible. Their first step was acquiring craft mushroom grower Artisan Growers Ltd. The purchase gives Champignon a production facility capable of growing a variety of mushroom types in large quantities. The company intends to use this facility to produce feedstock for both its CPG products and their medicinal formulations. Having the growing facility in-house will give management better control over their product specifications, lowers costs, and gives researchers direct access to the product at all stages of the production process.
Champignon next decided to purchase Novo Formulations Ltd. Novo has developed proprietary drug delivery systems that better allow psychedelic drugs to interact with the human body. Champignon intends to use the systems to expand on their psilocybin drug development efforts. This should allow the company to achieve similar results while using less of the active ingredients in their medications, which will help margins down the road.
Most recently, Champignon acquired AltMed Capital Corp., which develops new drugs and operates a ketamine clinic. AltMed is led by Dr. Roger McIntyre, professor of psychiatry and pharmacology at the University of Toronto. Dr. McIntyre is widely regarded as one of the preeminent psychiatrists in the field of mood disorders. This move by Champignon gives it not only a leading world-renowned researcher but also someone who is actively using a psychedelic drug to treat people with mood disorders. Look for Dr. McIntyre to take a leading role in Champignon once AltMed is fully incorporated.
Competition
MindMed (OTCPK:MMEDF) (NEO:MMED) has been getting much fanfare recently for attracting investments from cannabis pioneer Bruce Linton and celebrity investor Kevin O'Leary. The psychedelic upstart's primary focus is its drug MC-18, a derivative of ibogain. MindMed is, currently, performing clinical studies on using the drug to treat opioid addiction and opioid withdrawal. The company is also performing clinical studies on using microdoses of lysergic acid diethylamid (LSD) to treat ADHD.
Revive Therapeutics (OTCPK:RVVTF) (CSE:RVV) has been exploring possible medical uses for cannabis and recently hopped on the psychedelic bandwagon. While MindMed and Champignon are focusing on mental disorders, Revive is focused on using psiliocybin and cannabidiol (CBD) to treat infectious diseases such as influenza and coronavirus.
While both of these companies are looking to use psychedelics as medicine, they're either using different drugs, treating different conditions or both. Champignon is establishing itself as the largest player in its own niche within the psychedelic medicine industry.
Risks
Federal Regulation: Psilocybin and other psychedelic drugs are still heavily regulated by the DEA, with many of them listed under Schedule 1 of the Controlled Substances Act. This scheduling severely limits the availability of these drugs to be studied for medical benefits and makes it much more difficult for a drug that is found to have medical benefits to be approved and accepted by the medical establishment. Investors should be aware that the psychedelic medicine industry will be hamstrung as long as these drugs are listed under Schedule 1.
Trading Volatility: Champignon Brands is both a micro-cap stock (market cap of between $50 million and $300 million) and a penny stock (stock price under $5 per share). Both of these labels are considered a negative for many investors as these types of companies are inherently more risky than larger companies. These types of companies tend to have a lower trading volume, leading to higher volatility. Potential investors should be prepared for large swings in share price, sometimes with no obvious catalyst.
New Company: Champignon is essentially a start-up. They've only just begun to assemble the pieces they will need to accomplish their goals. At a current valuation around $70 million (and growing, after the most recent acquisitions), Champignon comes at a hefty price tag for a company with little history or financial data to go on. MindMed, the largest company in the space, carries a market cap of over $150 million, thanks to its celebrity investors and a drug closer to the market. Whether either of these valuations is justified is largely based on where one thinks the science is going to lead. As of now, all signs are pointing to psychedelics having serious medicinal potential.
Conclusion
The story of medicinal psychedelics is still in its first chapter, there's still a long way to go until these drugs are being prescribed by doctors to treat specific ailments. The companies that will be successful when the industry matures will be those that have built a strong foundation, backed by proven products.
Champignon Brands is entering the market with a plan to develop life-changing medicines. Their focus on vertical integration and bringing in the best scientists in the field as, well as the establishment of their CPG division, make them an interesting option for less risk-adverse investors seeking to capitalize on the burgeoning psychedelic medicine industry.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
SHRM is grabbing attention from the elite in ways we could not imagian.
https://seekingalpha.com/article/4337262-champignon-brands-is-turning-magic-mushrooms-medicine?fbclid=IwAR3k2VdpR0QDyjO9cNt0pxotvJvRidZf3vhJywVdaX3UA5IKfixKdIJL8b8
i dont consider it dillution when a company buys a even better company.
Champignon buying Altmed is Huge
Here’s How Psychedelic Medicine Could Help End the Opioid Epidemic Once and For All
-The Opioid Crisis Has Plagued North America for Decades, and According to the U.S. HHS, it Kills an Estimated 130+ People Per Day in the United States Alone
-Thanks to Recent Advancements in Psychedelic Medicine, There’s Renewed Hope and Optimism Surrounding the Deadly Epidemic
-ATAI Life Sciences, DemeRx and MindMed Are Waging War Against Opioid Addiction By Utilizing This One Little-Known Psychedelic Substance
The opioid crisis isn’t making as many headlines these days due to the rise of the COVID-19 pandemic, which has paralyzed much of the global economy and captivated the attention of billions worldwide. While the Coronavirus continues to sweep across the globe, a different type of epidemic continues to ravage America’s communities and families. We’re talking about the Opioid Epidemic.
Click here to read article
Here’s How Psychedelic Medicine Could Help End the Opioid Epidemic Once and For All
-The Opioid Crisis Has Plagued North America for Decades, and According to the U.S. HHS, it Kills an Estimated 130+ People Per Day in the United States Alone
-Thanks to Recent Advancements in Psychedelic Medicine, There’s Renewed Hope and Optimism Surrounding the Deadly Epidemic
-ATAI Life Sciences, DemeRx and MindMed Are Waging War Against Opioid Addiction By Utilizing This One Little-Known Psychedelic Substance
The opioid crisis isn’t making as many headlines these days due to the rise of the COVID-19 pandemic, which has paralyzed much of the global economy and captivated the attention of billions worldwide. While the Coronavirus continues to sweep across the globe, a different type of epidemic continues to ravage America’s communities and families. We’re talking about the Opioid Epidemic.
CLick here to read the article
AltMed Gets Bought out
https://bit.ly/39VqdYt <-----Read News Here
Champignon Brands to Acquire Health Canada Licensed Psychedelic Clinic Operator AltMed
Read News Here
Champignon Brands Acquires Altmed
CLick here to read News
Can we say that this is the best investment in the Pyschedelic industry. They just bought Altmed.
"Champignon Brands is the only Psychedelic focused company making money from selling mushroom formulations. Benefits from Clinical studies and partnerships are next." from the facebook group
Trulieve Rpts Record Q4 Rev, Reaffirms 2020 Guidance Despite COVID-19 Pandemic
CLick here to better understand their earnings
even though i hear your point of view and have to respect what you say, i totally disagree about the Cannabis model. I all depends on MMGT of the company and how they utilize there funds.
BILZ deleted from Horizons ETF
click here to read
HMUS ETF loves CURA
FOund Link here
HMMJ ETF really Like Cronos!!!
FOund it here
Psychedelics Industry News Stories of the Week
FOund Industry News Here
10 Top News Stories of the Week
Top 10 list is here
10 Marijuana and Psychedelics Industry News Stories of the Week
click here to read
10 Marijuana and Psychedelics Industry News Stories of the Week
click here to read
Psychedelics Activists Push for Ballot Reforms in Face of COVID-19 Restrictions
CLick here to read
U.S. Doctor Urges FDA to Temporarily Approve Psychedelic Therapies to Aid Coronavirus Patients
click here to read
Calls on the FDA to Immediately Allow the Administration of Psychedelics
click here to read
intends to begin a normal course issuer bid (the “NCIB”) to purchase up to an aggregate of 2,411,883 common shares, representing 5 percent of the
issued and outstanding common shares as of the date of this release.
great move JohnCM. Their end to end model is perfect.