Bullboard - Stock Discussion Forum Silo Wellness Inc. C.SILO

Alternate Symbol(s): SILFF

Silo Wellness, Inc. is a Canada-based global psychedelics company. The Company is engaged in psilocybin wellness retreats. The Company operates through the Jamaica retreats segment. The Company offers psychedelic wellness retreats in Jamaica and is focused on doing the same in Oregon, United States. The Company also maintains rights in intellectual property (IP). In addition to its IP portfolio... see more

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CSE:SILO - Post Discussion

Silo Wellness Inc. > Silo Wellness

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Post by maysilverstone on May 25, 2021 4:13pm

Silo Wellness

Recently $SILO announced their partnership with Kaivalya Kollectiv, a L.A-based wellness company, to expand their psychedelic offerings of psilocybin and ketamine products to include 5-MeO-DMT. They will operate two 5-MeO-DMT retreats in Jamaica featuring yoga, meditation, breath work, and spiritual coaching. This will be the first partnership by a publicly traded company to offer 5-MeO-DMT retreats and the first to be held in Jamaica.

https://www.benzinga.com/markets/cannabis/21/05/21139255/psyched-mindmed-and-compass-q1-earnings-fda-approves-therapists-taking-mdma-wesana-health-goes-

Psychedelic's are becoming more widely accepted and mainstream for mental illness treatment (anxiety, depression, PTSD)- the psychedelic drug market is expected to reach USD $6.8B by 2027 from USD $2B in 2019. I'm keeping an eye on $SILO, holding steady at $0.17, with a mc of $10.64M.

https://www.prnewswire.com/news-releases/psychedelic-drug-market-has-become-a-billion-dollar-industry-as-acceptable-treatments-expand-301298538.html