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Category: Psychedelics
Psyence BioMed invests $500,000 more into PsyLabs, locks down Ibogaine supply deal
Psyence Biomedical (NASDAQ: PBM) invested an additional $500,000 in PsyLabs, deepening its relationship with the psychedelic ingredients producer while securing exclusive access to pharmaceutical-grade ibogaine. The cash infusion builds on Psyence’s initial partnership from September 2024, when it acquired an 11.13% equity stake in PsyLabs and locked down exclusive rights …
The First Step In Launching New Mexico’s Medical Psilocybin Program Is Expected Soon …
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New Mexico governor signs off on Medical Psilocybin Act
New Mexico Gov. Michelle Lujan Grisham signed the Medical Psilocybin Act, making it the third state in the country to legalize access to psilocybin. Green Market Report had previously written that S.B. 219, also known as the Medical Psilocybin Act, was approved with bipartisan veto-proof majorities in both chambers of the …