- Delic Holdings Corp was founded four years ago, devoted to making psychedelic drug therapies available to patients with hard-to-treat mental and emotional conditions
- The company’s research arm has received authorization in Canada to work with substances such as psilocybin, MDMA (Ecstasy), LSD, DMT (Dimitri), mescaline and 2C-B
- In the United States, the company operates the country’s largest chain of ketamine (anesthesia-related medication) clinics for wellness therapies
- Delic Co-founder and CEO Matt Stang will continue his outreach to investors and other potential sources of industry financing when he presents an overview of the company’s operations and its outlook for the coming year at the annual Planet MicroCap Showcase in Las Vegas May 3-5
During the past decade, cannabis has shed much of its reputation as a patently illegal substance used by stoners, instead gaining some gravitas as a source for health and wellness benefits ranging from anxiety treatment to the first U.S. Food and Drug Administration (“FDA”)-approved cannabis-derived pharmaceutical for the treatment of seizures associated with Lennox-Gastaut syndrome or Dravet syndrome (https://ibn.fm/8ewej).
On the coattails of cannabis research, psychedelics research is gaining legitimacy as medical innovators search for other solutions to largely intractable mental and emotional illnesses (https://ibn.fm/QGFB2).
Delic Holdings (CSE: DELC) (OTCQB: DELCF), a leader in new treatments and medicines for a modern world, has been helping to lead the charge in the development of psychedelic therapies that, in combination with oversight from mental health professionals, could help patients to obtain a better quality of life while dealing with post-traumatic stress disorder (“PTSD”), suicidality and chronic pain, among other concerns. The company will provide investors and financiers with updated information on its near-term strategy at an upcoming conference in Las Vegas.
Delic Labs — the research facility that is the scientific development backbone of Delic Holdings’ ecosystem — recently received authorization in Canada to acquire 60 grams of psilocybin mushrooms for its research and authorization to do additional research with hallucinogenic compounds such as MDMA (Ecstasy), LSD, DMT (Dimitri), mescaline and 2C-B (https://ibn.fm/o4eos).
In the United States, Delic Holdings operates the largest chain of mental health wellness clinics in the country providing ketamine (an anesthetic medication that produces a dissociative state) treatments to patients. The clinics currently offer the treatments via IV infusion and a related nasal spray branded Spravato based on the ketamine derivative esketamine.
Delic Co-founder and CEO Matt Stang has been sharing the company’s outlook with investors and business colleagues in recent weeks, and the company announced April 28 that he will deliver a presentation that highlights the Company’s development and outlook for the second half of the year when entrepreneurs and finance dealmakers gather for the annual Planet MicroCap Showcase in Las Vegas May 3-5 (https://ibn.fm/UstVC).
“This is a whole order of magnitude beyond cannabis,” Stang told Planet Microcap host SNN Network’s Robert Kraft in an interview published on YouTube ahead of the conference (https://ibn.fm/It1yS).
“Cannabis is an incredible recreational substance. It’s safer than alcohol and cigarettes and should be totally legal and available for folks who want to take the edge off and not drink a chardonnay,” Stang added, also discussing his mother’s use of cannabis to obtain relief while undergoing chemotherapy. “When you look at psychedelics, what (they) can do is actually give people the ability to process trauma that is otherwise going to affect their ability to live a beneficial life. … I think there’s just a huge demand for this.”
Stang noted that the company ended 2021 with an $8 million-plus run-rate and expects continued revenue growth through its clinics and research vehicles during the coming months.
“People looking at psychedelics have looked at a bunch of air (from other companies) — there’s a bunch of ‘We’re going to do this in five years’ or ‘We’re going to do this in seven years.’ Well, we’re doing it today, and we’re going to make real money helping people,” he said.
The company’s Planet MicroCap presentation is scheduled to take place May 4 at 2 p.m., local time. The registration portal and instructions are available at https://ibn.fm/5MjnD.
For more information, visit the company’s website at www.DelicCorp.com.
NOTE TO INVESTORS: The latest news and updates relating to DELCF are available in the company’s newsroom at https://ibn.fm/DELCF
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