Why it matters: Lucy Scientific Discovery has launched Mindful, a functional Amanita mushroom-based product line that aims to promote a mindful approach to well-being. The product contains six different natural ingredients, including Amanita muscaria-based compounds, and can be purchased on the company’s online store and through Hightimes.com.
What they are saying: “We are thrilled that Mindful will be available to consumers and are excited about the revenue potential,” said Chris McElvany, CEO of Lucy Scientific Discovery. He added that the product is a testament to the company’s dedication to providing exceptional quality and a mindful approach to wellness.
The big picture: Lucy Scientific Discovery is a psychedelics manufacturing company focused on emerging psychotropics-based medicines and is exploring other types of fungi, including mind-altering varieties such as psilocybin mushrooms, believed to be invaluable in psychotherapy. The company holds a Controlled Drugs and Substances Dealer’s License granted by Health Canada’s Office of Controlled Substances, enabling it to develop, sell, deliver, and manufacture pharmaceutical-grade APIs used in controlled substances.
What to watch: The renewed interest in the potential health benefits of mushrooms, including adaptogens, for cognitive function and memory is on the rise. The company has announced it will be a sponsor at the Multidisciplinary Association for Psychedelic Studies Psychedelic Science Conference taking place in June, which will feature five days of panels, workshops, and lectures from leaders in psychedelic research, education, policy, business, culture, and communities.
My take: As the use of natural and alternative therapies continues to grow, it is interesting to see the resurgence of interest in ancient practices and their potential relevance to the modern world. While the effects of mushrooms on physical and mental well-being need further clinical studies, it is promising to see research and development in this space.
