Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Psyence Group 'delighted' to reach psilocybin product development agreement with Jamaican government

Psyence Group 'delighted' to reach psilocybin product development agreement with Jamaican government

Psyence Group Inc (CSE:PSYG)'s Jody Aufrichtig tells Proactive the Toronto-based group struck a multi-year collaboration agreement with the Jamaican government’s Scientific Research Council that sets the stage for psilocybin product development.

Aufrichtig says the collaboration will consist of three main initiatives: developing psilocybin-based nutraceuticals; identifying and collecting Jamaica’s psychedelic and psychoactive mushrooms, and sorting protocols to optimize spawn production of rare psychedelic mushroom species for up to three years.