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Follow the Money: Investments in Mental Health

The mental health wellness sector is poised to expand as mental health issues continue to disrupt the world. Every year, mental health disorders cost the global economy US$2.5 trillion. Companies that are helping society tackle this crisis have raised significant investment and gained widespread attention, especially in the wake of the COVID-19 pandemic. Significant investments in the mental health space In recent months, an increasing number of major investments have been made in the mental health space. Venture capital funding of US-based mental health startups totaled US$1.37 billion through the third quarter of 2020, outpacing the US$1.06 billion invested in 2019. Billionaire tech investor Peter Thiel recently backed ATAI Life Sciences in a US$125 million funding round. The company is a Berlin-based start-up focused on producing psychedelic drugs for the treatment of mental health disorders.

Acreage Holdings (ACRDF), Ceres Acquisition (CERAF), CURALEAF HLDGS INC by Curaleaf Hldgs Inc (CURLF), Transatlantic Capital (TACI) - Cannabis Movers & Shakers: Clever Leaves, Agrify, Mind Cure, NXT Water, Acreage, Parallel, Transatlantic Capital

Clever Leaves Appoints Hank Hague As CFO Clever Leaves Holdings Inc. (NASDAQ:CLVR) has tapped Hank Hague to oversee its financial department on the heels of being added to the Cannabis ETF (NYSE:THCX), which trades on the New York Stock Exchange. He led finances for several public and private companies within the pharmaceutical, biomedical, and cannabis industries during his career. Previously, Hague, who replaces Amit Pandey, served as CFO of Abacus Health Products, Inc. Kyle Detwiler, CEO of the New York cannabis company, said Monday they are “thrilled to welcome” Hague. “Hank has an impressive corporate background, and he has demonstrated exceptional financial and strategic leadership in his previous roles,” Detwiler added.

Mind Cure Announces Addition of Global Technology Leader Robert C Hill to Board of Directors

Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) (FRA: 6MH) ("Mind Cure" or the "Company"), a leader in developing technology to create psychedelic-related treatments, is pleased to announce the addition of Rob Hill to the Board of Directors. Mr. Hill brings over twenty years of senior leadership experience in capital markets, and specific domain expertise in heavily regulated markets experiencing hyper-growth, big data and compliance management. He has extensive management and board-level experience applying his deep operational and financial knowledge to strategic leadership, technology innovation, financing and mergers and acquisitions. Mr. Hill will replace Terese Gieselman on the Board.

Mind Cure Comments on Recent Promotional Activity

Mind Cure Comments on Recent Promotional Activity
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