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Lucy Scientific Discovery Inc. - LSDI STOCK NEWS

Welcome to our dedicated page for Lucy Scientific Discovery news (Ticker: LSDI), a resource for investors and traders seeking the latest updates and insights on Lucy Scientific Discovery stock.

Lucy Scientific Discovery Inc. (NASDAQ: LSDI) drives innovation through advanced scientific research and applied discovery. This news hub provides investors and industry observers with essential updates on the company's research milestones, strategic partnerships, and operational developments.

Access authoritative information directly from LSDI's press releases and verified news sources. Track progress in key areas including biotechnology applications, pharmaceutical research collaborations, and advanced materials development. Our curated collection ensures you never miss material updates affecting the company's trajectory.

Discover comprehensive coverage of LSDI's scientific advancements, regulatory filings, and intellectual property developments. The page organizes content by research breakthroughs, financial disclosures, and partnership announcements for efficient navigation.

Bookmark this resource for streamlined access to LSDI's evolving story in applied science. Regularly updated with verified information, it serves as your primary source for understanding the company's position at the intersection of research and commercial innovation.

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Lucy Scientific Discovery (NASDAQ: LSDI) has received a Nasdaq notification of non-compliance with Listing Rule 5250(c)(1). The company is delinquent in filing its Quarterly Report for Q1 2024, jeopardizing its listing status. A hearing is set for June 25, 2024, with a Nasdaq Hearings Panel regarding its compliance plan. The company aims to regain compliance with both the Stockholders’ Equity Rule and the Filings Rule but faces uncertainty regarding the panel's decision.

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Lucy Scientific Discovery Inc. (NASDAQ: LSDI) announces a one-for-ten reverse stock split to regain Nasdaq compliance. The split will be effective on February 26, 2024, with shares trading under the symbol 'LSDI'.
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Lucy Scientific Discovery (NASDAQ: LSDI) announces acquisition of High Times intellectual property, providing opportunities for monetization and growth.
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Lucy Scientific Discovery leverages user bases for rapid shareholder value growth.
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Lucy Scientific Discovery Inc. acquires BlueSky Wellness Inc., expanding its psychotropic product catalog and entering the global wellness market. BlueSky generated over $20 million in revenue in each of the last two years. The acquisition is expected to diversify Lucy's revenue and deliver significant value to shareholders. BlueSky shareholders will receive 3.5 million shares of Lucy Scientific's stock. The acquisition is projected to add a minimum of $30 million of revenue and $10 million of EBITDA for the first twelve months after closing.
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Lucy Scientific Discovery Inc. announces agreement to acquire BlueSky Wellness Inc. and its portfolio of brands. BlueSky's e-commerce brands have generated over $20 million in revenue in each of the last two years. The acquisition is expected to add a minimum of $30 million of revenue and $10 million of EBITDA for the first twelve months after closing. BlueSky's shareholders will receive 3.5 million shares of Lucy Scientific's stock and earn out payments based on annual EBITDA for the next five years.
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Lucy Scientific Discovery Inc. featured in editorial on growing global cannabis market projected to reach $51 billion in 2023
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Lucy Scientific Discovery Inc. acquires intellectual property of High Times, Cannabis Cup, and 420.com brands, providing high-margin licensing and royalty income. Lucy will issue 19.9% of its outstanding stock to High Times and make semi-annual payments based on EBITDA. Lucy will also license the right to operate retail stores and sell THC products in the US to High Times. The transaction is expected to add at least $10M of revenue and $5M of EBITDA to Lucy's 2024 results.
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Lucy Scientific Discovery Inc.

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