Lucy Scientific Discovery Inc LSDIF

Healthcare

Lucy Scientific Discovery Inc. is an early stage psychotropics contract manufacturing company. The Company is engaged in researching, developing, and manufacturing psychotropic drugs. The Company is a manufacturer of controlled compounds dedicated to advancing the frontiers of mind science and facilitating the development of psychotropic and psychedelic treatment therapies. It is focused on developing therapies for patients in need, and through its lead candidate SANA-013, dedicated to advancing the understanding and applications of psychedelic medicine, improving mental health outcomes, and enhancing well-being for individuals worldwide. The Company is engaged in the production of a variety of natural, synthetic, and biosynthetic products to meet the needs of the psychotropics-based medicines market. Its products are in the form of raw materials, crude extracts, targeted formulations, single molecule fractions, and white- and private-label products.

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Lucy Scientific Discovery Inc

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Post by StockAlchemyon Jul 05, 2023 8:54am

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debt settlement and liability resolutions.

The net proceeds from the trasactions, combined with amounts received from the promissory note with APS innovations LLC, will be used by lucy to settle outstanding liabilities. This strategic move is expected to result in the elimination of additional material liabilities, providing lucy with a clean slate and a solid foundation.

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