This mental health breakthrough is attracting the attention of the finance industry’s heavy-hitters.
- It’s the birth of a brand-new investment sector – one that has yet to mature – based on a remarkably effective treatment for mental health disorders that afflict 1 in 4 people across the globe.
- There is already an insatiable demand for early-entry opportunities in this space, with many spiking 3 – 4X initial values as investors discover the opportunity.
- Celebrity investors and billionaires are steering the market, including Shark Tank’s Kevin O’Leary, former Canopy Growth CEO Bruce Linton, and PayPal, Facebook, and eBay billionaire Peter Thiel. They expect to see handsome returns from a market projected to hit$6.85 billion by mid-decade.4
- And now, Lululemon Athletica founder Chip Wilson has thrown his hat in the ring, joining the board of advisors for a hot new psychedelic company, Optimi Health (OTC:OPTHF, CSE:OPTI, FRA:8BNOTC:OPTHF, CSE:OPTI, FRA:8BN).
The IPO was over in a flash.
Four already successful businessmen took their company public in late February 2021.
Then, to put an exclamation on the excitement, the billionaire founder of Lululemon, joined the company as an advisor.
And he isn’t the only noteworthy entrepreneur touting this as a potential game-changer in the $300 billion-per-year mental health industry.
High-net-worth investors, like Peter Thiel and Kevin O’Leary are pouring millions into the future of psychedelic medicine.
Over the past year, well-funded psychedelic start-ups have absolutely rocketed, creating immense shareholder value from their launch dates.
It’s a market that’s soaring worldwide.
One German company, ATAI Life Sciences, made big news late last year when Peter Thiel invested $125 million in the company’s mission to introduce psychedelic medications for mental health treatment.
The company has since raised over $325 million in private placements and completed a $225 million Nasdaq IPO in June 2021, with a valuation of approximately $2.3 billion! 1
Naturally Thiel’s move sparked intense interest in the sector.
Field Trip Health launched public trading in October last year at around $2.00. Over the next six months, the stock more than tripled to a $7.49 high as the company executed its recent up-list to the TSX and explores a potential future on the Nasdaq.2
But the sector really began to see mainstream acceptance when Kevin O’Leary, famous for his cutthroat role on the hit show Shark Tank, came out in strong support of psychedelics as a profound new mental health treatment.
And, not to say the least, a once-in-a-lifetime opportunity. CNBC quotes O’Leary as saying that the investment potential in psychedelics “far exceeds” cannabis’ potential.
He backed that belief with significant investments in MindMed and Compass Pathways. And while Mind Medicine had been overlooked by investors for much of 2020, the stock gained traction and shot up ten-fold from October through December.
It now trades in a steady range near its record high of $3.92/share!3
Psilocybin holds compelling promise as a breakthrough pharmaceutical, the most effective medication yet discovered for treatment of mental health patients.
Since 1971, psilocybin has been outlawed as a naturally derived pharmaceutical with “no known medicinal benefit”. That view has changed dramatically over the last few years.
In 2016, Johns Hopkins researchers published surprising results from their research into psilocybin therapies in treating depressive disorders. Their studies showed that…
“Johns Hopkins Medicine researchers report that two doses of the psychedelic substance psilocybin, given with supportive psychotherapy, produced rapid and large reductions in depressive symptoms, with most participants showing improvement and half of study participants achieving remission through the four-week follow-up.” 5
With a potential 50% cure rate, therapeutic uses for psilocybin are completely changing how medical science and government regulators view the drugs pharmaceutical potential.
A rapidly growing body of evidence supports the untapped pharmaceutical potential in psilocybin compounds. Psilocybin’s uses have expanded to include treatment for PTSD, opioid addiction and a host of depressive disorders that impose the highest costs of care for any health category including heart disease.6
In the United States alone, the direct costs for treating mental health patients now exceeds $225 billion annually.7 Lost productivity adds another $44 billion to that figure.
Worldwide the figures could be double to triple that.
And now, due to the unprecedented impact of Covid-19 restrictions, the number of Americans reporting mental health challenges has leaped to an astonishing 42% of the U.S. adult population.
The online journal Nature.com reports:
“More than 42% of people surveyed by the US Census Bureau in December reported symptoms of anxiety or depression in December, an increase from 11% the previous year. Data from other surveys suggest that the picture is similar worldwide.” 8
In 2018, Canadian lawmakers broke through the stigma to become the first G20 country to authorize medicinal uses for marijuana. Two years later, the processes for legalizing the therapeutic uses of psilocybin have begun, which included the Ministry of Health authorizing 16 health professionals to develop psilocybin therapies for future use.9
And that’s not all.
U.S. state legislators are now passing laws that set the stage for a booming industry in psilocybin-based mental health therapies.
On the heels of mounting evidence of breakthrough mental health treatments, U.S. state legislatures have begun decriminalizing cultivation, possession, and use of psilocybin. Following Denver’s groundbreaking legislation in 2019, California is the latest to do so through State Bill 519, which opens pathways for medical professionals to incorporate psychedelic compounds in their treatment plans.
Already getting a pass in the California Senate in early June, the bill now moves on to the Assembly, where it is likely to be penned into law in the near term.
As officials began opening doors to pharmaceutical uses for psilocybin, Optimi has leaped into action.
They broke ground on two new 10,000 square foot production facilities, one purpose-built for the large-scale cultivation of therapeutic psilocybin mushrooms, and one for the cultivation of functional mushrooms.
You see, it’s not just industrial scale production of the psychedelic psilocybin mushroom that is driving this company’s growth prospects.
On a parallel track to its psilocybin production, Optimi is cultivating a proprietary brand of “functional mushrooms” to generate early revenue in the fast-growing nutraceutical markets.
As news of its operations grows, interest is sure to follow.
Market demand in the functional mushroom space has begun to soar.
Recent research is proving what ancient, traditional medicine has known for millennia. Certain strains of mushrooms, such as lion’s mane, reishi, turkey tail and others have shown remarkable efficacy in boosting immune functions and contributing to the healthful function of vital organs.
Over the last decade in particular, hundreds of scholarly articles have been published extolling the “lost” therapeutic benefits of medical, aka functional mushrooms. Just a moment of due diligence into this topic will deliver a wealth of information.
What’s important to an investor is simple:
The market for functional mushroom products is taking off right now. The trend began gaining traction only a few years ago. Now it’s on track to become a $41.3 billion market by mid-decade.
And Optimi Health could be an ideal entry point.
Optimi Health intends to generate near-term revenue through product delivery into the rapidly expanding health and wellness markets.
The company’s vertical production capacity provides them with total quality and quantity control from propagation to end product. And they may be the only company in the U.S. or Canada that specializes in propagation and production of superior quality “fruiting body” mushrooms needed for the higher potency, end-product nutraceuticals.
With 20,000 square feet of pristine, indoor mushroom cultivation and processing coming online, Optimi Health is one of the few companies worldwide positioning themselves for fully scalable propagation of these in-demand products.
And in so doing, the company has the potential to earn a strong share of this North American market.
The process is already underway.
Early in May, Optimi Health announced jointly through its partnership with Canadian-based Numinus Wellness (TSXV:NUMI C$237.4MM) that the companies have submitted the first in what could become a series of pre-clinical trial applications to the Canadian Health Ministry for approved use of all-natural psilocybin extracts.
Numinus Wellness is one of the largest mental health care companies in Canada, and through this partnership with Optimi Health, the companies intend to document dosing of capsulized psilocybin medication in first-of-their-kind human trials.
And now with completion of their pre-clinical trial application, Optimi Health (OTC:OPTHF, CSE:OPTI, FRA:8BNOTC:OPTHF, CSE:OPTI, FRA:8BN) has a green light from Health Canada to move forward with a formal submission for that phase 1 study.
On June 9th, administrators of the IMPACT Clinical Trials Accelerator at the University of Calgary (“IMPACT”) along with Health Canada representatives, discussed Optimi’s pre-clinical trial application, which included investigational product chemical constituents, genotype, and formulation as well as procedures and processes to produce a consistent dosage from Psilocybin mushrooms.
Michelle Nelson, PhD, CAPM, Senior Manager, Business Development and Strategic Planning for the IMPACT program noted,
“We have been given the green light to submit the formal application for the proposed phase I dosing study from Health Canada and are on track to initiate the trial in Q3 of this year. Health Canada indicated they have no concerns over the plan as presented, and they’ve clarified that the next step is now to submit the formal application to receive approval to move ahead with a phase I study. In parallel with this, we will continue to further outline the required non-clinical testing that will be needed as we continue to develop the product and move forward into phase II and larger phase III trials in the future.”
For a market projected to soar to $6.85 billion over the coming few years… stringent quality control and scalable production technologies will be essential to supplying future pharmaceutical demand.
Company founders and management not only come to the company with deep pockets, there’s deep history in health care and alternative technologies. Most notable for a company entering the psychedelic space is experience in large-scale cultivation of cannabis for medicinal markets. The skill sets and contacts nurtured, especially in the cannabis sector, set the stage for rapid, aggressive moves into the surging market for psilocybin compounds.
Chip Wilson, the billionaire financier who helped fund Optimi Health’s IPO, is a part of a stellar executive team that not only is deeply experienced in alternative medication technologies, they’ve exceptional depth in upper level management skills necessary for nurturing and growing an international-scale company.
J.J. Wilson, a graduate from Harvard Business School, serves as Optimi’s chairman of the board and brings to the company substantial experience in international business development. Optimi Health COO, Bryan Safarik, co-founded BC Green Pharmaceuticals, a Canadian company that launched as Canada liberalized cannabis regulations.
Chip Wilson, Canadian Billionaire, Entrepreneur and Philanthropist.
Wilson, a principal financier behind Optimi Health’s IPO, has a long history launching successful health and fitness companies. Most notable among them is the yoga-inspired athletic apparel company Lululemon Athletica Inc., which he left in 2015 to pursue other interests.
Wikipedia reports: “In 2004, Ernst & Young named Wilson its Canadian Entrepreneur of the Year for Innovation and Marketing. As of 2012, Forbes ranked Wilson the 10th-wealthiest Canadian and 401st in the world, with an estimated net worth as of March 2013 of $2.9 billion.” Wilson’s current net worth is now reported to exceed $5 billion.
Source: Wikipedia.org https://en.wikipedia.org/wiki/Chip_Wilson
BC Green pioneered GMP (Good Manufacturing Practices) production protocols that focused on “the latest propagation technology” for extraction of “pharmaceutical grade products”.11
Safarik’s success and experience in cannabis transfers directly to Optimi Health’s launch of mushroom propagation practices.
Prior to working in cannabis, Safarik had already developed a learned ability to grow an international brand. Working with his father Edward, founder of Ocean Fisheries Ltd. and advisor to Optimi Health, Safarik assisted with the successful sale to Canadian conglomerate, The Jim Pattison Group.
Jacob Safarik, also a BC Green co-founder, serves as Optimi Health’s CFO. On top of his years of experience as a Chartered Professional Accountant, Optimi Health (OTC:OPTHF, CSE:OPTI, FRA:8BNOTC:OPTHF, CSE:OPTI, FRA:8BN) shareholders should note that he played a pivotal role in the sale of a $6 billion San Francisco enterprise.
Mike Stier, Optimi Health CEO, formerly worked as a licensed Senior Financial Advisor with the CIBC, an international bank headquartered in Toronto and Chicago. Again, cannabis runs deep in the skill sets at Optimi. Stier currently sits as the president and CEO of New Leaf Ventures, a publicly traded company that, “is a professional management group dedicated to evaluating and accelerating advanced stage operations in the North American Cannabis sector.”12
Dane Stevens, CMO, has 12 years of experience in international product sourcing, manufacturing and quality control. In addition, he has depth of experience in wholesale and direct-to-consumer sales channels that can be pivotal to Optimi’s immediate revenue-generating strategies in the marketing of functional mushrooms and nutraceuticals.
Harley Pasternak appearing with Simone de la Rue
on network program, Access Hollywood.
Pasternak is a Canadian-American personal trainer, motivational speaker, author and television host. He is known for his books The Body Reset Diet and The 5-Factor Diet, along with an extensive career working with many celebrity clients as a personal trainer. Pasternak boosted his on-camera career as a co-host of ABC’s 2012 daytime talk show, The Revolution. He serves as a celebrity trainer to dozens of top-name entertainers and is a credited fitness coach in numerous Hollywood movies featuring A-list actors and directors.
Source: Wikipedia.org https://en.wikipedia.org/wiki/Chip_Wilson
All this talent needs a voice in the market, and none can be more influential than Harley Pasternak.
Creating a great product does not ensure success. Getting the word out is key and Harley Pasternak, an important company advisor, has the contacts to make that happen.
Pasternak is an internationally known fitness and nutrition specialist whose client roster includes some of the top A-listers in entertainment, including Lady Gaga, Ariana Grande, Kim Kardashian, Katy Perry, Robert Downey, Jr., Gwen Stefani and many more.
Pasternak stars on the E! channel Revenge Body with Khloe Kardashian, is a best-selling fitness and diet author published now in 14 languages and has made speaking appearances worldwide. There’s more to say about Pasternak…but most important to Optimi shareholders is Pasternak’s essential roll advocating for the company, which includes Optimi’s complete line of functional mushroom nutraceutical products.
- Optimi Health completed a successful IPO raising over CAD $20.7 million and has funded20,000 square feet of new construction dedicated solely to the propagation of functional and psilocybin mushrooms and the extraction of the pharmacological/medicinal compounds.
- The company’s management team is deeply experienced in the commercialization of medicinal compounds, which includes navigation of the regulatory environment and operating the pristine production facilities demanded for supplying extracts to pharmacological markets.
- Psilocybin appears on a rapid rise to become amental health wonder drug that can be highly efficacious in the treatment of mental disorders now approaching $270 billion in direct and indirect health care cost in the United States alone. As a medication, psilocybin appears on track to become a breakthrough drug with enormous market upside. Optimi Health intends to be the premier North American supplier of psilocybin extracts for pharmacological uses.
- Optimi Health is on the move in practical application of psilocybin medications. Inpartnership with Numinus Wellness, they’ve already completed their pre-clinical trial application and have received a green light from Health Canada to submit a formal application to proceed with phase 1 study.
- To get revenue flowing ahead of the anticipated revenue from psilocybin sales, Optimi Health is launching its nutraceutical product line, specifically focused on pharmaceutical grade mushroom extracts.
Because the company is vertically integrated from propagation to finished product, Optimi Health will be able to ensure production of the most desirable, high quality fruited body extracts that bring the highest prices from consumers. Optimi Health is one of the few companies in the world that has this combined propagation and production capability.
Investors seeking a promising, early entry into the emerging markets for medicinal psilocybin, supplemented by the enormous growing demand for functional mushroom nutraceuticals, could do well getting started today with Optimi Health.
As you launch your due diligence into the investment potential with Optimi Health (OTC:OPTHF, CSE:OPTI, FRA:8BNOTC:OPTHF, CSE:OPTI, FRA:8BN), keep in mind that demand for the pharmaceutical compounds extracted from the psilocybin mushroom could be an entirely new untapped market.
This communication is a paid advertisement and is not a recommendation to buy or sell securities. Think Ink Marketing has been paid by Optimi Health five hundred fifty thousand US dollars for a 9 month marketing campaign contract.
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FORWARD LOOKING INFORMATION
This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect expectations regarding Optimi Health future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Optimi Health industry; (b) market opportunity; (c) Optimi Health business plans and strategies; (d) services that Optimi Health intends to offer; (e) Optimi Health milestone projections and targets; (f) Optimi Health expectations regarding receipt of approval for regulatory applications; (g) Optimi Health intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Optimi Health expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Optimi Health business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Optimi Health ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Optimi Health ability to enter into contractual arrangements; (e) the accuracy of budgeted costs and expenditures; (f) Optimi Health ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption as a result of COVID-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Optimi Health to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Optimi Health operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as the COVID-19 pandemic may adversely impact Optimi Health business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Optimi Health business operations (e) Optimi Health may be unable to implement its growth strategy; and (f) increased competition. Except as required by law, the Website Host undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise.
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