Novamind Sponsors TheraPsil, an Advocate for the Compassionate Use of Psilocybin in Canada

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

TORONTO, ON / ACCESSWIRE / July 31, 2020 / Novamind Ventures Inc. (“Novamind“) a mental health and wellness company specialized in psychedelic-assisted psychotherapy, is pleased to announce its sponsorship of TheraPsil (the “TheraPsil Coalition“), a British Columbia based non-profit, composed of healthcare professionals, patients and advocates that are dedicated to obtaining legal, compassionate access to psilocybin therapy for terminally-ill Canadians suffering from end-of-life distress.

The TheraPsil Coalition supports Canadians seeking compassionate use of psilocybin by assisting individuals that apply for an exemption of subsection 56(1) of the Controlled Drugs and Substances Act (CDSA) (the “Applications“). Canadians were first granted legal access to medical cannabis in 1999 through this same exemption.

On August 4, 2020, Canada’s Minister of Health, Patty Hajdu, is expected to respond to the Applications of four Canadians battling cancer who have been assisted by the TheraPsil Coalition.

Psilocybin-assisted psychotherapy for the treatment of end-of-life distress is supported by a growing body of clinical research. A long-term follow-up study of the NYU (New York University) 2016 Psilocybin Cancer Anxiety Study documented significant reductions in anxiety, depression, hopelessness, demoralization, and death-related anxiety nearly five years after participants were treated with psilocybin. Over 70% of study participants attributed positive life changes to the psilocybin-assisted psychotherapy experience and rated it among the most personally meaningful and spiritually significant experiences of their lives.1

“Novamind proudly supports TheraPsil’s efforts to provide compassionate access to psilocybin therapy for Canadians suffering from end-of-life distress” commented Yaron Conforti, Chief Executive Officer of Novamind.

About TheraPsil

TheraPsil is a non-profit coalition of healthcare professionals, patients and advocates that was formed in 2019, in order to change the laws regarding the use of medical psilocybin for terminally-ill patients who are experiencing end-of-life distress. TheraPsil’s mission is based on four pillars: Compassionate Access, Public Education, Professional Training, and Research. For more information visit www.therapsil.ca.

About Novamind

Novamind is building a global network of clinics and retreats that are required for a regulated psychedelics industry. We provide access to safe, legal psychedelic experiences, while advancing research for psychedelic medicine. For more information visit www.novamind.ca.

1: https://journals.sagepub.com/doi/10.1177/0269881119897615

Contact Information: 

Novamind
Yaron Conforti, CEO and Director
T: +1 (647) 953 9512
E: contact@novamind.ca

SOURCE: Novamind

View source version on accesswire.com:
https://www.accesswire.com/599878/Novamind-Sponsors-TheraPsil-an-Advocate-for-the-Compassionate-Use-of-Psilocybin-in-Canada

Staff

Recent Posts

What Is the Best GLP-1 Supplement for Weight Loss? Industry Analysis Reveals Probiotic Akkermansia Formulas as Affordable Ozempic Alternatives

Health Journey Addresses 'Best GLP-1 Supplement' Question with Akkermansia-Based Formula Analysis as Six-Month Costs Compare…

19 hours ago

After Trump’s Marijuana Executive Order, Will the DEA Face a Court Imposed Deadline from MMJ’s Writ of Mandamus?

After President Trump's Marijuana Executive Order, Will the DEA Act-or Be Compelled by the Courts?"Despite…

2 days ago

Black Book Research Releases Its 2026 Annual Methodology and Governance Statement for Healthcare IT Vendor Rankings

Boards and executive buyers are raising the 2026 bar for all product and service rankings…

2 days ago

Black Book Research Releases Its 2026 Annual Methodology and Governance Statement for Healthcare IT Vendor Rankings

Boards and executive buyers are raising the 2026 bar for all product and service rankings…

2 days ago

Awake Breast Augmentation: Gruber Plastic Surgery Highlights Live Implant Sizing Under Local Anesthesia With No Sedation for Eligible Patients

Tampa based Celebrity Board-Certified Plastic Surgeon Dr. Meegan Gruber expands an interactive approach that allows…

2 days ago