- Delic has positioned itself as a leading psychedelic wellness platform, with businesses spanning all corners within the sector
- Delic’s latest announced acquisition will make it the largest chain of operating psychedelic wellness clinics in the US
- The psychedelic wellness sector has enjoyed robust growth as of late, following the FDA’s move towards granting psilocybin “breakthrough therapy” status in 2018
- Denver and Oakland have been among the first US cities to decriminalize the use of psilocybin mushrooms with California currently studying whether to follow suit
- The psychedelic drugs market is expected to reach a size of $10.75 billion by 2027
When Michael Pollard embarked on writing his seminal book, How to Change Your Mind in 2018, the psychedelic wellness industry was a far different world to what we know today (https://ibn.fm/SiWdt). Although the psychedelic industry boasts a long history in America dating back to the 1950s, it’s only in the last few years that scientific research into the world of psychedelics and its related compounds has uncovered their potential to relieve a wide array of mental suffering, including depression, anxiety, and addiction. Delic Holdings (CSE: DELC) (OTCQB: DELCF) has sought to capitalize on the ongoing transformation within the sector, positioning itself as the leading psychedelic wellness platform committed to bringing science-backed benefits to all and reframing the psychedelic conversation.
Originally formed in 2019 to address the growing interest within the science-backed psychedelic wellness sector, Delic has transformed itself into a sprawling conglomerate with services spanning all areas within the sector. The company’s related businesses now include trusted media and e-commerce platforms like…
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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