Medical cannabis and alternative medicines provider Optimind Pharma Corp. began trading on the Canadian Securities Exchange (CSE) under the ticker symbol "OMND".
Despite the company’s primary business being medically-prescribed cannabis, due to its efficacy and safety profile, Optimind offers ketamine-assisted therapy for those suffering from PTSD, anxiety, depression and other mental illnesses.
Optimind is also a 40% shareholder of indigenous group Manitari Pharma, which is seeking for Health Canada’s approval for a license to perform psilocybin research.
"Manitari Pharma's vision is to incorporate cutting-edge science with experience from shamanic traditions to create wellness psilocybin products used to treat mental illness and create spiritual well-being,” Manitari CEO Anna Freeman said.
Optimind’s CEO Tomas Sipos commented: "The public listing of Optimind represents a significant milestone in the growth of our company. It's an important step that will help facilitate our mission to provide psychedelic-assisted therapies for the public and improve their quality of life."
COO Dr. Michael Hart said that “psychedelic-assisted therapy has the power to drastically transform people's lives around the world,” while Optimind’s advisory board chair Tony Clement added that "Optimind is on its way to becoming a leader in psychedelic-assisted therapy that will provide patients throughout North America with choices that promote mental, physical, and spiritual wellness.”
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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