Health Canada Oks Clinical-Grade MDMA Export To UK

Life sciences psychedelics company PharmAla Biotech Holdings Inc. and its manufacturing partners received a Health Canada export permit for no less than 300 grams of proprietary MDMA LaNeo.

“We’re incredibly proud of this milestone. It is additional proof that the clinical development of MDMA is moving forward. PharmAla exists to assist our client researchers around the world by not only saying we’ll provide them with research materials, but actually delivering.” said CEO Nick Kadysh.

The MDMA is destined for a UK-based client who will use the materials for research and development and a proposed commercial purpose.

Red Light Holland’s Ontario Farmland Expands Mushrooms Division In North America

Canadian all-mushrooms grower Red Light Holland Corp. (OTCQB: TRUFF) shared updates on its recently expanded farmland located in Cavan-Monaghan, Peterborough (Ontario).

The company keeps working with its majority-owned mushroom product business Acadian Exotic Mushrooms Ltd. (AEM Farms) to develop two mushroom production facilities with an additional 65,000 sq. ft. to be located within the Peterborough Farm. 

This development will expand the company’s farm division, adding the new facility to other four existing farms both in Canada and the Netherlands.

With the design phase nearing completion -see initial 3D render- the company would submit the final plans within the next weeks towards obtaining the construction permits. The building phase will take 18 months and cost around $6 million (CA$ 8 million).

According to the company, the new Peterborough Farm would generate immediate weekly revenues of approx. …

Full story available on Benzinga.com