PsychedelicNewsBreaks – Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) (FRA: 6MH) Announces Strategic Equity Investment in Psychedelic Journey Center
Apr 9, 2021
Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) (FRA: 6MH), a leader in advanced proprietary technology for psychedelic therapy, has announced a follow-up strategic equity investment in ATMC Journey Centers Inc. (“ATMA”), the first government-approved psychedelic journey center in Canada. Earlier this year, MCUR had signed a letter of intent, securing 13% ownership in ATMA; this additional investment retains that ownership. In addition, the company named Mind Cure Health president and CEO Kelsey Ramsden to the ATMA board of directors. MINDCURE’s investment into the pioneering psychedelic journey center is meant to facilitate the use of iSTRYM (“iSTRYM”), which is MCUR’s proprietary AI-driven platform focused on patient feedback and data-driven insights into the efficacy of psychedelic treatments. The purpose of the technology is to assist in the application of more effective and more efficient diagnosis techniques and treatments. “We are extremely excited to strengthen our partnership with the team at ATMA through this investment,” said Mind Cure Health president and CEO Kelsey Ramsden in the press release. “This further solidifies the company’s strategic position in clinics and partnerships for the deployment of digital therapeutics to drive near-term revenues. ATMA’s team is a true pioneer in the psychedelic therapy industry by growing a global network of group and retreat psychedelic therapy clinics. ATMA’s established clinical footprint gives us the opportunity to deploy our iSTRYM technology, with the intended goal to optimize treatment for ATMA’s patients and obtain the data we need to build iSTRYM into the platform trusted by therapists and patients around the world.”
To view the full press release, visit https://ibn.fm/kSkLq
About Mind Cure Health Inc.
MINDCURE exists as a response to the current mental health crisis and urgent calls for effective treatments. The company believes in the need to reinvent the mental health care model for patients and practitioners to allow psychedelics to advance into common and accepted care. MINDCURE is focused on identifying and developing pathways and products that ease suffering, increase productivity and enhance mental health. The company is interested in exploring diverse therapeutic areas beyond psychiatry, including digital therapeutics, neuro-supports and psychedelics, all to improve mental health. For more information about the company, please visit www.MindCure.com
About PsychedelicNewsWire
PsychedelicNewsWire (PNW) is a specialized content distribution company that (1) aggregates and distributes news and information on the latest developments in all aspects and advances of psychedelics and their use, (2) creates PsychedelicNewsBreaks designed to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics.
To receive instant SMS alerts, text “Groovy” to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.PsychedelicNewsWire.com
Please see full terms of use and disclaimers on the PsychedelicNewsWire website applicable to all content provided by PNW, wherever published or re-published: https://www.PsychedelicNewsWire.com/Disclaimer
Do you have questions or are you interested in working with PNW? Ask our Editor
PsychedelicNewsWire (PNW)
San Francisco, California
www.PsychedelicNewsWire.com
415.949.5050 Office
[email protected]
PsychedelicNewsWire is part of the InvestorBrandNetwork.
More News
Manibela calls for action amid continuing oil price hikes
MANILA, Philippines — Transport group Manibela called for immediate government action to support jeepney drivers and operators amid continuing oil price hikes in an open letter posted on social media on Sept. 22. Manibela chairman Mar Valbuena urged President Ferdinand Marcos Jr. and other concerned government agencies to take concrete measures to protect the livelihoods
Aid to RSSI-hit sugarcane workers to hit P1.9B by yearend, says DSWD
BACOLOD CITY — The Department of Social Welfare and Development’s ongoing distribution of Emergency Cash Transfers (ECT) to small sugarcane farmers and workers whose crops have been destroyed by red-striped soft scale insects (RSSI) in Negros Island will hit P1.9 billion before the end of this year, Social Welfare Secretary Rex Gatchalian said on Tuesday,
DOH: Leptospirosis cases exceed 10,000 as of Sept. 16
MANILA, Philippines — The Department of Health (DOH) recorded 10,936 cases of leptospirosis as of Sept. 16, a 38% increase from the 7,931 cases reported during the same period last year. Of the cumulative cases, 7,242, or 66%, were associated with floodwater exposure amid continued rains, according to the DOH. From Aug. 20 to Sept.
Trough of TD to bring rains in Visayas, Mindanao — Pagasa
MANILA, Philippines — The trough of the tropical depression (TD) will continue to bring rains over Visayas and Mindanao on Wednesday, Sept. 23, the state weather bureau said. Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) weather specialist Benison Estareja said during its 5 p.m. weather advisory that the extension of the TD outside of
Student wounded in South Cotabato’s school attack recovering after surgery
KORONADAL CITY — Five days after she was critically wounded in the Banga National High School shooting in South Cotabato, a Grade 9 female student who suffered a gunshot wound in the head is showing signs of recovery. This development comes after the victim underwent surgery at the Cotabato Regional and Medical Center in Cotabato
Cagayan de Oro multi-stakeholder dialogue tackles Pax Silica
CAGAYAN DE ORO CITY — To address growing concerns over Pax Silica, the Archdiocese of Cagayan de Oro-Commission on Social Apostolate and the Samdhana Institute convened a multi-stakeholder dialogue on Tuesday at the San Agustin Metropolitan Cathedral here. The whole-day event, themed “Opportunities, Risks and Responsibilities for People, Planet and Peace,” gathered members of the
Senate measure removing system loss charges reaches plenary
MANILA, Philippines — The bill seeking to remove system loss costs incurred by electric providers to consumers reached the Senate floor on Tuesday. Sen. Erwin Tulfo stood before the plenary to sponsor Senate Bill No. 2486, otherwise known as the “Systems Loss Charge Removal Act.” READ: Sona promise: Lower power bills as VAT on system
Gov’t eyes P4.05B for 5 Metro Manila rain catchment facilities
MANILA, Philippines — The Marcos administration needs more than P4 billion to construct five of the 39 proposed rainwater impounding facilities in Metro Manila to address the perennial flooding problem in Metro Manila. The five projects have a combined indicative cost of about P4.05 billion, subject to the applicable government review, approval, budgeting and procurement processes,
Dy to QC barangay execs: Keep up ‘honest, responsive’ service
MANILA, Philippines — Since the success of Quezon City, Metro Manila’s largest local government unit, relies on strong barangays, its officials should keep strengthening their communities through “honest, responsive, and compassionate leadership.” House Speaker Faustino “Bojie” stressed that message in his address on Monday evening during the 31st Quezon City Barangay Day Celebration at the Grand
CICC gives Reddit, Discord 24 hours to establish PH offices
The Cybercrime Investigation and Coordinating Center (CICC) has given Reddit and Discord 24 hours to establish offices or designate local representatives in the Philippines, as the government moves to strengthen coordination with digital platforms following three school shooting incidents in recent months.
DepEd thanks House for approving P975.96-B budget for 2027
MANILA, Philippines — The Department of Education (DepEd) thanked the House of Representatives for approving its proposed P975.96 billion budget for 2027, which accounts for 13.55 percent of the P7.2-trillion national budget. “We deeply appreciate the House of Representatives’ strong commitment to education and the leadership of President Ferdinand R. Marcos Jr. in advancing the
Cayetano accuses PRA of ‘selective justice’ on reclamation rules
MANILA, Philippines — Sen. Alan Peter Cayetano accused the Philippine Reclamation Authority (PRA) of “selective justice” in enforcing rules on reclamation projects. He questioned why the PRA issued a cease-and-desist order against a project in Taguig but not the Laguna Lake Shore Road Network (LLRN). “Ongoing now is a massive [Department of Public Works and
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.