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Bullboard - Stock Discussion Forum Lucy Scientific Discovery Inc LSDIF

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... see more

GREY:LSDIF - Post Discussion

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Post by Stockslayer on Jun 07, 2023 4:31pm

STABILITY

 
 
The infusion of a substantial sum, specifically a noteworthy $30 million in cold hard cash, will undeniably prove instrumental in not only bolstering Lucy's financial standing but also in fortifying its ability to fund and propel various ongoing and future projects. This injection of capital will serve as a catalyst, empowering Lucy to accelerate its growth trajectory and realize its strategic objectives in a more expeditious manner.
Comment by WallstreetGuru on Jun 07, 2023 4:46pm
The cash in hand will go a long way in funding the companies research activities and it's effort to deliver a drug to the market.
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