Psychedelic Products Gain Traction for Medicinal Purposes
Seelos Therapeutics, Inc. (SEEL)
Last seelos therapeutics, inc. earnings: 5/21 05:12 pm
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Source: PR Newswire
NEW YORK, May 1, 2020 /PRNewswire/ -- Over the course of the past decade, several universities and research institutes have published breakthrough findings from studies conducted on the usefulness and applications of psychedelic compounds. The naturally occurring psychedelic prodrug compound psilocybin, which is produced by more than 200 species of mushrooms, collectively known as psilocybin mushrooms. Psychedelic products may take on a similar path to the legalization of cannabis in recent times, and finally breaking free of their stigmas. Rick Doblin, Ph.D., Founder and Executive Director of the Multidisciplinary Association for Psychedelic Studies (MAPS), explained according to an article by Forbes that "the new psychedelic industry will need to focus on public benefit as well as profit in order to avoid a cultural backlash against these historically misunderstood substances." In the United States alone, the psychedelic drugs market is projected to reach a value of USD 6,859.95 Mil
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SEEL
Sec Filings
- 3/28/24 - Form 8-K
- 3/19/24 - Form 8-K
- 3/18/24 - Form EFFECT
- SEEL's page on the SEC website