Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), the leading psychedelic wellness platform, has announced that Delic Labs, which is part of the Delic Corp. family, has applied for a Health Canada 56 Research Exemption. Approval of the application allows Delic Labs scientists to perform research and tests on compounds in addition to psychedelic mushrooms, which it currently holds a 56 research exemption to study. The new application would allow the lab to study substances such as MDMA and LSD. The lab has also submitted an application for a dealer’s license. These steps are part of a strategic plan leading toward eventual commercialization of the lab’s psilocybin research and associated intellectual property (“IP”) for medical and research purposes. A federally authorized psilocybin and cannabis research laboratory, Delic Labs is focused on extraction, analytical testing and chemical process development. The facility conducts research designed to enable Delic Holdings to develop innovative product lines and intellectual property. Currently research includes psilocybin vaporization technology that has the potential for distribution across the company’s physical footprint and licensed psychedelic wellness clinics in the United States. The lab is also a leading cannabis analytical and research company with clients that include some of the largest brands in the world. “Never before has a lab been authorized to test psychedelic compounds such as MDMA and LSD with the opportunity to create new medicines for the millions suffering from debilitating conditions like depression, anxiety, PTSD and Parkinson’s disease,” said Delic Corp. cofounder and CEO Matt Stang in the press release. “Delic Labs is leading the way in psychedelic compound testing and ensuring the safety and effectiveness of any treatments produced using them, while also actively researching potential new medicines for the market.”
To view the full press release, visit https://ibn.fm/Ut64P
About Delic Corp Inc.
Delic is the leading psychedelic wellness platform, committed to bringing science-backed benefits to all and reframing the psychedelic conversation. The company owns and operates an umbrella of related businesses, including trusted media and e-commerce platforms such as Reality Sandwich; Delic Radio; Delic Labs, the only licensed entity by Health Canada to exclusively focus on research and development of psilocybin vaporization technology; Meet Delic, the premiere psychedelic wellness event; and Ketamine Infusion Centers, one of the largest ketamine clinics in the country. Delic is backed by a team of industry and cannabis veterans and a diverse network, whose mission is to provide education, research, high-quality products and treatment options to the masses. For more information about the company, visit 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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