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The Psychedelic Story Offering Bigger Opportunity than Cannabis

C.PLNT.X

Houston, Texas--(Newsfile Corp. - March 4, 2020) - There's an unbelievable groundswell of interest in psilocybin mushrooms.

Over the last year alone, Denver, Oakland, and Santa Cruz voted to decriminalize mushrooms. Washington, D.C. just took a major step toward adding legalization to the Nov. 2020 ballot.

Chicago city leaders just passed a resolution supporting scientific and medicinal research, with a goal of decriminalization. In fact, citing a 1979 study, the resolution defines entheogenic substances as any range of natural plants or fungi "that can inspire personal and spiritual well-being," as well as other psychological and physical benefits, as noted by Illinois Policy.

Vermont lawmakers filed a bill to decriminalize it, as well. "Plants, especially plant medicines, should be accessible to people," said Rep. Brian Cina, as quoted by Marijuana Movement. "Use of plant medicine should be considered a health care issue, not a criminal issue."

Another 100 cities entertaining the idea of doing the same, says Marijuana Moment.

The Push for Broader U.S. Legalization

Advocates say the drug has been shown to help those who suffer from depression, anxiety, PTSD, and addiction issues.

Researchers at New York University found psilocybin mushrooms caused a "rapid and sustained" reduction in anxiety and depression in patients with cancer, as reported by the Financial Post, for example. Better, mushrooms are just beginning to disrupt the $4.7 trillion global wellness industry, as its medicinal benefits become better known.

Even Emory University researchers are looking into using the mushrooms as a possible treatment for major depressive disorder.

"These studies are already operating with approval from and under the watchful eye of the feds, but legalization would allow experts to do things like, say, put their findings to use in therapeutic settings," adds Boston Magazine.

"After all, if magic mushrooms have the power to make a significant difference in the lives of people who are suffering, or help people improve their lives by having meaningful experiences while taking the drugs-and there is every indication right now that they do-a path towards legally helping them seems worth pursuing."

There are even claims mushrooms can even "increase immune resistance to viral and bacterial infection, and also increase our defenses against cancer," says Dr. Andrew Weil, as quoted by Refinery29. " Turkey tail, reishi, birch and shelf or bracket fungi have long been consumed for their immune-boosting effects in traditional medicine, either eaten or boiled into teas if they're too woody or bitter to eat.

Yield Growth has made substantial moves into psilocybin mushrooms.

Just recently, Yield Growth developed Ayurvedic mushroom coffees and Ayurvedic mushroom botanical shots for smoothies. In fact, its Ayurvedic coffees and botanical shots are planned for launch in early summer of 2020 and contain immune-boosting medicinal mushrooms: reishi, chaga, lion's mane and turkey tail.

"These formulations provide powerful brain and immune-boosting benefits thanks to their powerful antioxidant and nutrient-rich formulas," said Penny White, CEO of The Yield Growth Corp. "Along with their powerful health profile, these products are made with fair-trade, organic ingredients."

Chaga mushrooms have been used for centuries in Siberia and Asia as medicine to reduce inflammation, boost immunity and improve overall health. Chaga also has the ability to lower high blood sugar and combat abnormal and mutagenic cell growth.

Turkey Tail also contains a community of powerful antioxidants and other compounds that may help boost your immune system and may even fight certain cancers. Some scientific studies have also shown that Turkey Tail may also improve gut bacteria balance.

Reishi is one of the most popular medicinal mushrooms and is known to be used to assist in weight loss, boost immunity and fight certain cancer cells. What makes it unique though are its calming properties thanks to a compound called triterpene that it contains. This can help to promote healing, sharpen focus, alleviate anxiety, ease depression, and encourage better sleep.

Lion's Mane is also packed with antioxidants and also strengthens the immune system, but it also has other unique benefits that foster mental clarity and brain health. For example, it aids in the production of the bioprotein nerve growth factor (NFG) and myelin, which acts as "insulation" around nerve fibers and helps to fight the onset of neurological diseases such as Alzheimer's and multiple sclerosis.

However, that's just part of Yield Growth's story.

Just days ago, subsidiary Flourish Mushroom Labs Inc. announces it acquired technology rights from its parent company The Yield Growth Corp. and filed a U.S. provisional patent for the invention of a method of manufacture for a mushroom extract that may be used in a variety of therapeutic and pharmaceutical formulations.

The patent application covers the invention of a unique mushroom extract which may have unique medicinal properties, as well as a method of manufacturing the extract from mushrooms including Psilocybe mexicana, and formulations and emulsions containing the mushroom extract. The mushroom extract may be in the form of an aqueous solution, or it may be a freeze or spray dried powder.

"Our proprietary extraction technology was initially invented to extract compounds from the root of the cannabis plant to manufacture hemp root oil, which we use in a number of our products, including our Urban Juve skincare line," said Penny White, CEO of The Yield Growth Corp. and Flourish Mushroom Labs. "There is now also great interest in using this technology for medicinal mushrooms and psychedelic mushrooms when and where they are legal."

Prior to that, Flourish Mushroom Labs Inc. signed an agreement with Kingdom Brands Management Inc. Kingdom now has the right to use and sub-license Yield Growth's proprietary extraction technology for use exclusively with both medicinal and psychedelic mushrooms and to further develop the technology.

Flourish also completed the acquisition of a catalogue of mushroom formulas as the foundation of a mushroom edibles business. The formulas and know-how acquired relate to formulations that may be used to create ready to eat packaged food products or packaged food products that may be mixed with mushroom varietals of the consumer's choice.

The formulations include soups, teas, hot cocoa, elixirs and truffles. Flourish has engaged the developers to create additional products to add to the base catalogue and commercialize the formulas, going to market first with mushroom based soups and coffees.

For more information, visit the company's website at https://yieldgrowth.com.

About MarijuanaStox

MarijuanaStox.com is a leading web destination for all cannabis related companies. Investors can also find current marijuana-related quality financial, medical, legal and social news. MarijuanaStox.com is a media agency in North America dedicated to the cannabis industry, helping companies that operate in the space to attract quality investors, working capital and real publicity. Since 2005, we have had public companies in the US and Canada have rely on us to grow and succeed.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media which has a partnership with www.MarijuanaStox.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.

For making specific investment decisions, readers should seek their own advice. Winning Media, which has a partnership with www.MarijuanaStox.com, is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement between Winning Media (partners of MarijuanaStox.com) and The Yield Growth Corp, Winning Media has been paid four thousand dollars for advertising and marketing services for The Yield Growth Corp. We own ZERO shares of The Yield Growth Corp. Please click here for full disclaimer.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/53131