Vernon-based magic mushroom company sprouts mental health treatment
Vernon Morning StarNov 20, 2021
A Vernon-based company that looks to improve mental health through the use of psychedelic-assisted therapy is now listed on the Canadian Securities Exchange (CSE).
Doseology has received approval to list the company's common shares on the CSE. The shares began trading on the CSE on
"We are thrilled to finally obtain our listing on the CSE and are appreciative of the significant efforts of our team, our advisors, and the exchange to get to the finish line," said
The approval results in the company's previously issued 11,885,000 subscription receipts (aggregate gross proceeds of
The company has also filed an application with
Doseology's mission statement is to "restore mental health through establishing psychedelic-assisted therapy clinics, building a library of intellectual property through research on psychedelic compounds," and developing and selling its branded functional mushroom products.
The company says these products can be used to treat depression, PTSD and other mental illnesses.