Press release content from Globe Newswire. The AP news staff was not involved in its creation. Allied Moves to Become Leader in Psilocybin Space with Intent to Acquire of Pacific Sun Fungi Allied Corp.December 24, 2020 GMT KELOWNA, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) -- Allied Corp. (“Allied”) (OTCQB: ALID) – an international medical cannabis company focused on creating and providing health solutions to address today’s medical mental health issues is pleased to announce the signing of a letter of intent to acquire the psilocybin company Pacific Sun Fungi (“Pacific Sun”). This further expands upon Allied’s press release of October 20, 2020 communicating the submission of the provisional patent for Allied’s functional mushroom formulation targeting major depression and anxiety.