Mushrooms Archives

Adam JacksonJanuary 5, 2024

Functional mushrooms have seen a significant spike in interest since last summer, a development that analysts say is a result of rising interest for natural health products in general. According to a recent Brightfield Group report, these mushrooms, which are believed to help the body manage stress, used to be considered niche health food items, […]

Debra BorchardtFebruary 27, 2023

Red Light Holland Corp. (CSE: TRIP) (OTCQB: TRUFF) delivered revenue of $1.2 million versus last year’s $622,000 for the third fiscal quarter of 2023 ending Dec. 31, 2022. That’s a year-over-year increase of 88.9%. Red Light also reported a net loss of $1.3 million in the quarter. All figures are in Canadian dollars. “Our revenue […]

Adam JacksonNovember 30, 2022

Revenue was boosted by the integration of recent acquisitions.

Adam JacksonAugust 2, 2022

Red Light Holland Corp. (CSE: TRIP) (OTC Pink: TRUFF) posted its yearly audit results that show the company to be in healthy standing as it looks to expand its reach in the nascent market. The company filed its audited annual financial statements and management discussion & analysis for the financial year ending March 31, 2022. […]

Dave HodesJuly 12, 2022

So much good news from trusted sources about psychedelics today has really made the topic part of the zeitgeist of a world looking for help, as we all struggle to deal with many mental health and wellness issues within the context of a worldwide pandemic showing new signs of continuing. Psychedelics can adjust mood, enlighten […]

StaffJuly 11, 2022

The Daily Hit is a recap of the top cannabis business stories for July 11, 2022. ON THE SITE THC Designs Sued By Ex-Finance Director For Alleged Request To Doctor Financials William McKenna, the former Finance Director for Los Angeles-based cannabis company THC Designs filed a lawsuit against the company on July 6, 2022. McKenna […]

Dave HodesJune 27, 2022

In Oregon, when voters approved Ballot Measure 109 calling for the legalization of psilocybin in November 2020, there was a silent hurrah throughout the state among people who took magic mushrooms for fun that went something like this: “Now we can go in to a psilocybin store and get a few grams of ‘shrooms—or maybe […]

StaffNovember 2, 2021

Exclusively-natural psychedelic drug discovery company Filament Health Corp. (OTCQB: FLHLF) (NEO: FH) received authorization from the FDA authorization to initiate the first clinical trial using naturally-sourced psychedelic substances. The news caused the stock to jump over 11% in early trading. The company said that this approval is the first for the direct administration of psilocin rather […]

Debra BorchardtApril 29, 2020

Specialty life science company Revive Therapeutics Ltd. (CSE: RVV) has said that it will investigate novel oral dosage forms of psilocybin, such as oral dissolvable thin films or tablets, based on its wholly-owned patent-pending psilocybin formulations and its exclusive licensed drug delivery technology from the Wisconsin Alumni Research Foundation. “We are expanding our psilocybin-based pharmaceutical […]

StaffApril 22, 2020

The Campaign to Decriminalize Nature DC (DNDC) released the results of a new poll on April 21 that showed support for mushroom decriminalization in Washington DC. The “Initiative 81, the “Entheogenic Plant and Fungus Policy Act of 2020,” has enough support to pass in the District of Columbia according to a survey completed by Fairbank, […]

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

In other news

The Daily Hit: January 4, 2024

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Tag: Mushrooms

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

Red Light Holland Reports Increased Revenue

Red Light Holland Revenue Rises as Mushroom Operations Expand

Red Light Holland Audit Flashes Green

The Dangers of Popularizing Psychedelics

The Daily Hit: July 11, 2022

Medical Mushrooms Leave No Room For the Magic

FDA Approves First Psilocin Clinical Trial

Revive Therapeutics Researching Oral Dosage Of Psilocybin

New DC Poll Shows Support For Mushroom Decriminalization

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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