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OPTIMI HEALTH CORP - OPTHF STOCK NEWS

Welcome to our dedicated page for OPTIMI HEALTH news (Ticker: OPTHF), a resource for investors and traders seeking the latest updates and insights on OPTIMI HEALTH stock.

Optimi Health Corp. (OPTHF) is a leading Health Canada-licensed psychedelics pharmaceutical manufacturer, specializing in controlled substances such as botanical psilocybin and MDMA. The company recently obtained a Drug Establishment Licence (DEL) from Health Canada, confirming compliance with Good Manufacturing Practices (GMP). This allows Optimi to supply MDMA and psilocybin capsules to patients with PTSD and Treatment-Resistant Depression under Australia's Authorized Prescriber Scheme and export to regulated jurisdictions globally. Optimi aims to be the trusted global supplier of safe drug candidates by producing proprietary formulations in its 20,000 square feet facilities in Princeton, BC.

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Optimi Health Corp. (OTCQB: OPTHF) has initiated the cultivation of GMP-grade psilocybin mushrooms at its facility in Princeton, British Columbia. This milestone aims to supply safe psilocybin products for clinical trials amid increasing market demand. The company, having secured a Controlled Drugs and Substances Dealers License, is collaborating with the IMPACT Clinical Trial Accelerator Program for research on microdosing psilocybin to address mental health issues. A brand and media launch is set for May 2022.

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Optimi Health Corp. (CSE: OPTI, OTCQB: OPTHF) has entered agreements with Kydder Management Group and Generation IACP Inc. for investor relations and market-making services, pending Canadian Securities Exchange approval. Kydder will receive $40,000 monthly for three months, with a renewal option, while GIACP will earn $7,500 monthly for six months, subject to a 3% annual price increase. Optimi is focused on developing functional mushroom products and has received a research exemption for Psilocybin and Psilocin use under Health Canada regulations.

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Optimi Health Corp. (CSE: OPTI, OTCQX: OPTHF) has upgraded its common shares to the OTCQX Best Market, enhancing visibility and accessibility for U.S. investors. This upgrade signifies an important milestone for the company, which focuses on developing functional and psychedelic mushroom products for health and wellness. The OTCQX is reserved for established companies meeting high financial standards and best corporate governance practices. Optimi continues its Canadian listing under the symbol OPTI.

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Optimi Health Corp. (CSE: OPTI) (OTCQB: OPTHF) has launched a line of functional mushroom supplements in Canada. The company utilizes high-quality fruiting body mushrooms, including Lion’s Mane, Reishi, Turkey Tail, Chaga, and Cordyceps, to enhance cognitive and physical well-being. Optimi employs an eight-step extraction process to maximize nutrient absorption. Bill Ciprick, CEO, emphasizes their commitment to quality and vertical integration, with plans to cultivate their own mushroom strains in Princeton, BC. Products are available online and will reach select retailers later this year.

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Optimi Health Corp. (OTCQB: OPTHF) launches its line of functional mushroom supplements in Canada, targeting health-conscious consumers. The products include Lion’s Mane, Reishi, Turkey Tail, Chaga, and Cordyceps, known for their health benefits. These supplements are created using a unique eight-hour extraction process to enhance efficacy. Optimi aims for vertical integration by cultivating its own mushroom strains in a new facility in Princeton, British Columbia. The company emphasizes high-quality production and customer accessibility through its website and upcoming retail partnerships.

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Optimi Health Corp. (CSE: OPTI, OTCQB: OPTHF) has been added to Health Canada's approved suppliers under the Special Access Program (SAP) for psilocybin, aiming to address mental health issues in Canada. The SAP allows specific medical practitioners to request access to controlled substances for emergency use, paving the way for innovative treatments. The company’s new 10,000 sq. ft. facility in British Columbia has received supply requests, indicating strong market interest. Optimi is dedicated to safe and effective psilocybin products, with plans for a grand opening in May.

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Optimi Health Corp. is on the path to becoming a leading all-natural psilocybin producer, following the acquisition of a Dealer’s License from Health Canada for its wholly-owned subsidiary, Optimi Labs Inc.

With a state-of-the-art 10,000 sq. ft. EU GMP-compliant facility in Princeton, B.C., Optimi is set to cultivate, extract, and process premium psilocybin. The facility can secure up to 1,250kg of psilocybin valued at approximately $53 million CAD.

Optimi aims to support mental health initiatives by supplying psilocybin to patients under the Special Access Program.

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Optimi Health Corp. (CSE: OPTI) (OTCQB: OPTHF) has announced a second provisional patent for a novel two-part extraction and transdermal delivery method for psilocybin. This patented process isolates psilocybin using a viscous material, enhancing bioavailability by allowing the drug to penetrate the skin directly, avoiding liver metabolism. The technology provides a consistent and longer-lasting therapeutic experience, aligning with Optimi’s commitment to safe and sustainable psychedelic treatments.

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Optimi Health Corp. (CSE: OPTI) (OTCQB: OPTHF) announces successful Health Canada inspection completion on December 21, 2021. The regulatory amendments to the Special Access Program (SAP) now allow practitioners to request access to psilocybin and MDMA for patients with serious conditions. This initiative aims to provide therapeutic options for treatment-resistant mental health issues. Optimi plans to lead in supplying GMP-certified psilocybin and has initiated its first clinical trial for micro-dosing psilocybin, pending Health Canada approval.

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Optimi Health Corp. (CSE: OPTI, OTCQB: OPTHF) announced the initiation of a facility inspection by Health Canada and the establishment of a Quality Assurance department. The inspection is crucial for the future licensing of their mushroom facility in Princeton, BC, which has seen an investment of over CAD$8.5 million. The new department aims to ensure compliance with GMP standards, essential for the production of medicinal and psychedelic mushrooms. Key appointments include Raphael Moxam as Department Head and Farkhanda Saifullah Khowaja, Ph.D., as QA Manager, both bringing extensive industry experience.

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FAQ

What is the current stock price of OPTIMI HEALTH (OPTHF)?

The current stock price of OPTIMI HEALTH (OPTHF) is $0.1702 as of October 15, 2024.

What is the market cap of OPTIMI HEALTH (OPTHF)?

The market cap of OPTIMI HEALTH (OPTHF) is approximately 15.3M.

What is Optimi Health Corp. specialized in?

Optimi is a Health Canada-licensed psychedelics pharmaceutical manufacturer, specializing in controlled substances like botanical psilocybin and MDMA.

What recent milestone did Optimi achieve?

Optimi obtained a Drug Establishment Licence (DEL) from Health Canada, affirming its compliance with Good Manufacturing Practices (GMP) to supply MDMA and psilocybin capsules for patients.

What is Optimi's goal in the pharmaceutical industry?

Optimi aims to be the top trusted supplier of safe drug candidates globally by producing proprietary formulations in its 20,000 square feet facilities in Princeton, BC.

Where is Optimi's manufacturing facility located?

Optimi's manufacturing facilities totaling 20,000 square feet are located in Princeton, British Columbia.

What licenses does Optimi hold?

Optimi holds a Controlled Drugs and Substances Dealer's Licence and a Drug Establishment Licence (DEL), enabling the production of GMP-grade products and APIs.

How does Optimi plan to support global psychedelic research?

Optimi has completed its first international shipment of MDMA to Israel, supporting global research and innovation in the psychedelic field.

What is Optimi's key achievement in terms of export?

Optimi received the necessary Export Permit from Health Canada, confirming its ability to export controlled substances internationally.

What services does Oak Hill Financial Inc. provide to Optimi?

Oak Hill Financial Inc. provides comprehensive investor relations, business, and capital markets advisory services to Optimi at a rate of CDN$12,000 per month.

How does Optimi plan to expand its shareholder base?

Optimi aims to engage new investors and communicate its corporate milestones effectively through partnerships like Oak Hill Financial Inc.

What makes Optimi unique in the pharmaceutical industry?

Optimi's unique capabilities lie in producing scalable psychedelic formulations for transformational human experiences while meeting the highest quality and safety standards.

OPTIMI HEALTH CORP

OTC:OPTHF

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15.34M
75.57M
16.52%
0.05%
Drug Manufacturers - Specialty & Generic
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