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Pure Extracts Applauds Health Canada SAP for Psilocybin-Assisted Psychotherapy Inclusion

VANCOUVER, British Columbia, Dec. 14, 2020 (GLOBE NEWSWIRE) Pure Extracts Technologies Corp. (CSE: PULL) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company focused on cannabis, hemp, and the rapidly emerging functional mushroom sector, is pleased to support Health Canada’s proposed intent to revise the Special Access Programme (SAP) and related regulations to permit certain authorized uses of psilocybin-assisted psychotherapeutic treatments. The intended SAP revision, announced on December 11th, could lead to important new medical applications, particularly in the complex and growing mental health sector. Health Canada’s announcement could act as a milestone achievement driving advanced research initiatives forward. This includes several ongoing clinical trials that consistently indicate breakthrough therapy potential of psilocybin-assisted psychotherapy for a number of mental health patients suffering from conditions where conventi

Investorideas com - Investor Ideas Potcasts #507, Cannabis News and Stocks on the Move: (CSE: PULL) (OTCQB: DRVD) (CSE: HOLL) (CSE: STEM)

Investorideas com - Investor Ideas Potcasts #507, Cannabis News and Stocks on the Move: (CSE: PULL) (OTCQB: DRVD) (CSE: HOLL) (CSE: STEM)
investorideas.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investorideas.com Daily Mail and Mail on Sunday newspapers.

Canopy Growth Corp (CGC), Fronteer Gold (FRG), TRIGEN RES INC (HSTRF), Integrated Cannabis (ICNAF), JUSHI HLDGS INC CL B by Jushi Holdings Inc (JUSHF), Red White & Bloom Brands (RWBYF), S&P Dep Receipts (SPY) - The Week In Cannabis: Big Money, Mexico, South Carolina, Jay-Z, Martha Stewart, Nicole Kidman And More

Cannabis stocks traded down this week, despite a series of financing announcements and other good news, including a new bill from Congress. GrowGeneration Corp. (NASDAQ:GRWG) wants to raise $125 million via a public offering. The offering was then upsized to $150 million on Wednesday, offering 5 million shares at a price of $30.00 per share. Weedmaps is going public via a merger with Silver Spike Acquisition Corp. (NASDAQ:SSPK), while  LeafLink closed a $40 million Series C funding round led by Founders Fund. “Money keeps flowing into the cannabis space as we saw the huge $1.5 billion valuation given to the Weedmaps deal with the Silver Spike SPAC. Not only that, GrowGeneration supersized its offering from $125 million to $150 million. Despite the inconsistent stock performance, there is still a big demand for investment in this industry,” Debra Borchard, editor in chief of Green Market Report, told Benzinga.

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