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Trio Of Firms Form New Psychedelics Company

Merger will pioneer alternatives to single-molecule mental health drugs ​

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Psilocybin is proven to have real benefits for treating serious conditions that affect millions of people

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CannaGlobal, Sansero Life Sciences, and Rise Wellness announced the creation of CannaGlobal Wellness this week, poised to have an impact on the evolving psychedelics industry. The new company will be focused on psilocybin and other natural compounds. Psilocybin, better recognized as “magic mushrooms”, are naturally occurring and are consumed for their hallucinogenic effects.

The Chairman is Lorne Gertner, who told TheJ.ca “I’m excited and honoured to be part of this amazing journey. I have been a passionate advocate for mental health for decades”, he said, “and the formation of CannaGlobal Wellness fulfills one of my lifelong dreams: using natural therapies to help people live better, happier lives.” Gertner is a co-founder of Tokyo Smoke, Cannasat Therapeutics (now Cynapsus Therapeutics), and PharmaCan Capital (now The Cronos Group), and founded CannaGlobal.

“This is a major step forward for mental health in Canada and around the world,” said Gertner. “Without effective treatment, these illnesses can be debilitating, and even life threatening. Psilocybin is proven to have real benefits for treating serious conditions that affect millions of people.”

Steve Sadoff, co-founder of Sansero, will serve as CEO and has 15 years of experience developing, launching and growing brands and products within highly regulated environments including cannabis, nutraceuticals, and natural health.psychedelics, including psilocybin, to treat depression, PTSD, and other mental health conditions

“Conditions such as depression, PTSD, and anxiety have traditionally been difficult to address because the approved medicines on the market today have a lot of side effects that can be worse than the issue they’re supposed to solve”, Sadoff noted. “Three hundred million people worldwide suffer from depression, and one out of 13 people have an anxiety disorder.” He sees their research as potentially life-saving.

Citing independent research by major universities, Sadoff said, “Our formulations have indicated that psilocybin, when combined with natural molecules and world-class immersive healing environments, offers a superior alternative to single-molecule drugs that merely suppress symptoms. This merger gives us the infrastructure and network to bring new, game-changing, neurotherapies to market with maximum efficiency.”

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With extensive experience with retail and patient support, Irie Selkirk will continue to lead Rise Wellness, leveraging her standing as an educator, facilitator, and leader in the cannabis and psychedelics industries. Dr. Darryl Hudson, PhD Molecular Biology and Genetics, is the Chief Science Officer, bringing forward expertise in plant molecular biology, neuroscience and genetics in cannabis and psychedelics. 

A company statement concluded, “The synergies created by this merger will enable the company to offer an extensive and scalable menu of wellness solutions in the short term, while also accelerating the development and commercialization of psilocybin-based neurotherapeutics.”  Doris Wexlerdefined by the IHRA, was drawn.

Left: Lorne Gertner leads CannaGlobal Wellness as Board Chair. | Right: Steve Sadoff brings 15 years of experience with cannabis, nutraceuticals, and natural health companies to CannaGlobal Wellness.

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We do news differently!

Our positioning as a Zionist News Media platform sets us apart from the rest. While other Canadian Jewish media are advocating increasingly biased progressive political and social agendas, TheJ.Ca is providing more and more readers with a welcome alternative and an ideological home.

We revealed the incursion of anti-Israel progressive elements such as IfNotNow into our communities. We have exposed the distorted hateful agenda of the “progressive” left political radicals who brought Linda Sarsour to our cities, and we were first to report on many disturbing incidents of Nazi-based hate towards Jews across Canada.

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Our ability to thrive and grow in 2020 and beyond depends on the generosity of committed readers and supporters like you.

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