Silo Wellness Inc C.SILO

NEWS 📖 Acquires Dyscovry's Psilocybin Pharma Biosynthesis

[initforthemush]

We are joining two teams that share a passion and vision for developing differentiated psychedelic healing therapies that advance science and transform the lives of patients. I look forward to all that we intend to accomplish together as a combined organization," stated Brad Dottin, founder and president of Dyscovry. "With Dyscovry's collaborative partnerships with Canadian federal government research institutions, a Canadian Council on Animal Care (CCAC) certified university facility for animal studies, and an Ontario-based DEL facility for pre-clinical research, this merger will further enhance Silo's platform for continued growth... Additionally, the Company has entered into an agreement with Bolt Media, Inc. ("BM") to provide services relating to social media support and strategic media services for a six-month term beginning in September 2022. The Company has agreed to pay a total of USD$8,833/month for the services to be provided during the term. In line with the Company's strategy for raising awareness, the Company has also retained Lifewater Media to introduce Silo and its services to the US investment community. The contract with Lifewater Media includes a USD$60,000 budget for newsletter and display advertising and copywriting and design fees. Lifewater Media are well known professionals in the media industry with more than 40 years of combined experience. Lifewater Media is a pioneer in US marketing strategy and digital marketing. Neither provides investor relations or market making services. One purpose of the campaign is to drive awareness to the Company's psychedelic vacations in Jamaica.

[Pheebs]

This news was a given from prior research. Very pleased that the deal is done. It's cool how The Company has Bolt Media on the marketing side, "relating to social media support and strategic media services for a six-month term beginning in September 2022.... agreed to pay a total of USD$8,833/month for the services to be provided during the term". At almost 10k per month for