Daily Archives: August 14, 2021

Two companies to invest into offshore wind production in northeast England – Reuters

Posted: August 14, 2021 at 12:46 am

Aug 9 (Reuters) - Siemens Gamesa (SGREN.MC) and GRI Renewables Industries will invest more than 260 million pounds ($360.70 million) into offshore wind manufacturing facilities in northeast England, the British government said on Monday.

Siemens Gamesa will invest a total of 186 million pounds to expand its blade manufacturing site located near Hull - Britain's largest offshore wind manufacturing facility - readying it for the next generation of offshore wind turbines and blades greater than 100 metres, the government said.

Siemens Gamesa will add 200 workers to the 1,000 it already employs in the factory, the company said in a separate statement.

GRI Renewable Industries will spend 78 million pounds to build an offshore wind turbine tower factory at Able Marine Energy Park, also in Hull in the Humber region of northeast England and creating up to 260 jobs.

Both companies are receiving grant funding from the British government's 160 million pound offshore wind manufacturing investment support scheme.

"With its close proximity to some of the worlds largest offshore wind farms and strong skills base, the Humber region is vitally important for the growth of the British offshore wind industry and is at the heart of our green recovery," Business and Energy Secretary Kwasi Kwarteng said in a statement.

In July, two further firms announced investments into offshore wind in the region. read more

Britain has more offshore wind capacity installed than any other country and it powers over 7.5 million homes a year. By 2030, Britain aims to get about a third of its electricity from offshore wind.

($1 = 0.7208 pounds)

Reporting by Nora Buli in Oslo and Anita Kobylinska in Madrid; Editing by Louise Heavens

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First floating wind license awarded in South Korea – 4C Offshore

Posted: at 12:46 am

InSouth Korea, ambition for offshore wind is high. Under the governmentsGreen New Deal, the nation is targeting 12 GW of offshore wind power bythe end of the decade, with regional plans outpacing even this ambitiousaim. The government anticipates at least 2 GW of installed capacity by2030 to be derived from floating wind.

The region of Ulsanin particular is seen as a strong contender for floating wind dominanceand this week the technology has reached a milestone. Macquaries GreenInvestment Group (GIG) and TotalEnergies, who are planning a 1.5 GW floatingoffshore wind farm in Ulsan, have obtained an electricity business license(EBL) from the Ministry of Trade, Indsutry and Energy (MOTIE) via its ElectricityRegulatory Commission (ERC).

This is the first EBLever to be awarded to a floating wind project in South Korea, and is akey step in the consenting process. The EBL was awarded for the projects504 MW first phase. Developers announced that, following this approval,they will now commence environmental impact assessments, with a view toentering construction in 2024.

The award of anEBL is a significant milestone in the development of GIG and TotalEnergiesUlsan floating offshore wind farm, said Shin Jungwon, Country Chair,Korea, at TotalEnergies. We recently completed our wind resource measurementcampaign, and having now been awarded exclusive development rights, werelooking forward to starting detailed environmental impact and engineeringassessments.

The 1.5 GW projectis expected to produce power equivalent to that of more than 1.5 millionhomes, and to reduce emissions by roughly 2.3 million tCO2e per annum.

GIG and TotalEnergieshave committed to using a local supply chain where possible, and statedthat they are actively collaborating with shipbuilders and heavy industrycompanies in Ulsan to help revive Koreas offshore industries.

With its fantasticinfrastructure and offshore experience, Ulsan is the perfect location forfloating offshore wind development, Woojin Choi, Managing Directorat GIG Korea commented. Thats why GIG and TotalEnergies are joininghands with Koreas world-class shipbuilding and offshore industries todeliver this market-leading project. By bringing together specialist localknow-how with GIG and TotalEnergies global expertise, the Ulsan projectwill place Korea at the forefront of the global floating offshore windmarket.

For more information on offshore windfarms worldwide,clickhere.

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Origin Therapeutics Will Invest $5.1M In Psychedelics Startups – Yahoo Finance

Posted: at 12:46 am

Origin Therapeutics, an investment issuer focused on making equity investments in the psychedelics sector, has completed a CA$6,550,000 ($5.1 million) private placement.

The firm intends to make investments in private, early-stage psychedelics industry companies. Management told Benzinga it plans to deploy capital across a diverse group of private companies to offer investors exposure to early-stage opportunities with high growth potential.

Origin Therapeutics will work closely with its portfolio to support the growth of the companies by leveraging its management expertise and professional network.

The psychedelics sector has such tremendous potential for growth, with the potentially positive impact on mental health being game-changing. Investors want to participate, and while there are a growing number of publicly traded companies doing great work, so much of the innovation is taking place in private companies - and we want to give investors the opportunity to participate in that growth and support it, Alexander Somjen, CEO of Origin Therapeutics, told Benzinga.

Ms contenido sobre psicodlicos en Espaol en El Planteo.

Photo: Dasha Yukhymyuk on Unsplash

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GR is getting close to decriminalizing psychedelic plants and fungi – Fox17

Posted: at 12:46 am

GRAND RAPIDS, Mich. As soon as potentially this fall, Grand Rapids could become the latest jurisdiction to de-prioritize possession, cultivation and use of entheogenic plants and fungi.

In laymans terms: you wont get arrested for having, using, growing or gifting psychedelics.

This isnt a decriminalization per say; its de-prioritization, said Grand Rapids City Commissioner Kurt Reppart. Its allowing for whats called the 'grow, gift, gather' model outside of that, the rest of this is illegal.

Reppart is in full support of making psychedelics the lowest priority on law enforcements radar. He thinks not only will the move save resources on their end but also acknowledges the plants and fungi can be powerful medicines for constituents using them to treat a range of ailments, from post-traumatic stress, to addiction, depression, anxiety and end-of-life suffering.

If decriminalization becomes a reality, psilocybic mushrooms, cacti that contains mescalin ayahuasca, and ibogaine would all be low priority on law enforcement's radar.

Decriminalize Nature Grand Rapids a local chapter of a national group that seeks to destigmatize and decriminalize entheogenic plants and fungi nationwide has been working with Reppart to bring a measure up for a vote in the city.

We are a movement that is fighting for the regular person to be able to heal themselves, said Chad Beyer, founder and board member of DNGR. Were not asking for a carte blanche where you can do anything with these medicines decriminalization is really risk reduction because there are already many people in this city, as well as across the country, who are using these medicines.

These drugs are not addictive; you cant overdose on them, so it just seems reasonable to look into cures using these, said Mary Reed Kelly, another founder and board member of DNGR. Were asking that we try this and that we look into these resources and dont just stick with what weve been doing, because obviously we havent gotten that right.

Grand Rapids has one of the highest rates of depression in the country, and DNGR thinks taking heat off those who want to try this alternative to expensive and potentially dangerous opioids and antidepressants could help.

We dont want people who are finding healing with these medicines to be driven underground, said Beyer, who was diagnosed five years ago with spinocerebellar ataxia, an incurable neurological disease that hes used psilocybin mushrooms to treat in the past.

People experience their own divinity, which means that they experience oneness and connection with other people and the planet, said Beyer. Its quite amazing; Im no longer afraid of dying.

Theres kind of a growing interest in destigmatization of mental health in general, said Luke Johnson, another of DNGRs board members. They are drugs; they have drug effects, but I think its important to emphasize the idea that these are medicines.

In recent years, academia has hopped on board. Studies at Johnsons alma mater University of Chicago, Yale, Johns Hopkins, University of California Berkeley, and even the FDA have facilitated several studies on the potential medical benefits of entheogenic plants and fungi.

The FDA even has designated psylocibin, for instance, as a breakthrough therapy for depression, said Kelly.

Other parts of the country are considering similar measures, and so are other parts of Michigan. In September 2020, Ann Arbor took the step as a city to decriminalize possession, use and growth of the plants, and shortly after, Washtenaw County Prosecutor Eli Savit announced he wouldnt prosecute any cases of possession, use or growth. Thus, the cases were de-prioritized by law enforcement.

That basically means that if a law enforcement officer in Ann Arbor sees somebody crossing the street the wrong way, and across the street they see somebody with mushrooms, they have to go after the person for crossing the street, said Savit. Its just not something that we see the need to channel our very scarce criminal justice resources towards.

Reppart says Grand Rapids police are already operating under that same principle, so the laws passage would just codify their policy as it already exists.

People are leveraging these medicines for healing now, said Reppart. This is another pathway for people to experience healing from these difficult things.

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EGEB: The USs first offshore wind farm is currently offline; heres why – Electrek

Posted: at 12:46 am

In todays Electrek Green Energy Brief (EGEB):

The Block Island offshore wind farm, the USs first offshore wind farm that launched in 2016, is temporarily shut down. EcoRI gives the wind farms background:

The Block Island Wind Farms five 840-foot-tall wind turbines comprise the first operational offshore wind facility in the United States. The turbines were manufactured by General Electric subsidiary GE Renewable Energy, while the wind facility was still under the ownership of Deepwater Wind. In 2018, Deepwater Wind was acquired by Danish multinational utility company rsted, putting the Block Island Wind Farm in the hands of the worlds largest offshore wind developer.

There is no power interruption, as power for Block Island, south of Rhode Island, is currently being sourced from the mainlands grid.

An rsted spokesperson told WPRI 12 News the reason yesterday:

We put four turbines on pause as a precautionary measure and carried out a full risk assessment, which showed the turbines are structurally sound. We expect to complete those repairs and all maintenance in the next few weeks as scheduled.

But a writer named David Collins had an article published on August 7 about the shutdown in New London, Connecticut, journal the Day. Collins thinks that rsted is being evasive, and feels there is a more serious reason.

Collins writes:

Getting rsted to answer media questions is a real challenge. All the phone numbers on its page for media calls are European, in Denmark.

You would think the company could at least have easily available US telephone numbers for its media staff

My sense is that there is more trouble with the turbines run from Denmark than anyone wants us to know. But we may learn more about how long the shutdown will really last as the summer rolls on.

The offshore wind farm has indeed run into problems in the past; for example, in 2019, an undersea electric cable became exposed at Crescent Beach, which unnerved residents and tourists, although the National Grid said that it posed no risk to boaters and swimmers.

But Im a bit skeptical about Collinss something is amiss storyline because I easily found rsteds US media contact months ago and have exchanged emails with them. I put in a call to him this morning.

Update, 11:15 a.m. ET: rsteds head of communications emailed me back and confirmed the WPRI statement, and added:

Part of the work being conducted is the repair of stress lines identified by GE in the turbines.

As Electrek wrote yesterday, Florida utility Tampa Electric Co. announced it will retire three coal units and double its solar output within two years, but gave no indication of what its longer-term plan was for natural gas, upon which the vast majority of its power is run.

Thats just one big hurdle for Tampas City Council, which voted on August 5 in a non-binding resolution to move the citys stationary municipal operations to clean energy by 2035. Environmental groups pushed for a 2030 deadline, but Tampa Mayor Jane Castor (D) resisted that time frame.

The resolution also urges the state and federal governments to enact and enforce clean policies.

Council members voted 6-1 in favor of the resolution, and the dissenting voter, Charlie Miranda, said:

Lets not just say, I want it done. Show the world how youre going to do it.

Thats a fair point from Miranda, but the Tampa Bay Times notes:

Council member John Dingfelder pushed back [on Miranda], calling the measure an important step.

It conveys a very important message to the community, and to the city itself, he said.

Also, WJCT writes:

Tampa Mayor Jane Castors office has already committed to moving the city to a 100%, clean, renewable energy future through herResilient Tampacampaign.

Some parts of Castors plan are echoed in Citros resolution, like transitioning to a safe pedestrian city, transitioning to hybrid and electric vehicle fleets, and assessing the efficiency of Tampas stationary buildings.

Theres also another rather large obstacle when it comes to clean energy.

In June, Governor Ron DeSantis (R-FL) signed a law that prevents local governments from deciding which energy path they want to take. In other words, Florida towns and cities are now unable to switch to 100% clean energy because they cant ban fossil fuels.

Read more: Floridas governor just locked Florida into a dirty fossil fuel future

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PsychedelicNewsBreaks Microdose Psychedelic Insights to Deep Dive into World of Psychedelic Medicine Investment at Upcoming Conference -…

Posted: at 12:46 am

Microdose Psychedelic Insights, a cutting-edge media company aiming to move the psychedelics industry to the forefront of modern medicine, today announced that it will host the upcoming Psychedelic Capital conference. The virtual event is slated to take place on August 31, 2021, and provide attendees with access to the top companies, latest IPOs, newest opportunities, and deepest industry insights in the growing psychedelic medicine sector. As part of a series of conferences diving deep into the world of psychedelic medicine investment, the event seeks to introduce investors and attendees to a curated group of CEOs, capital advisors and investment luminaries from around the world. An introductory talk from Patrick Moher, CEO of Microdose Psychedelic Insights, and Richard Skaife, founding partner at The Conscious Fund, an early-stage venture capital investor within the plant-powered medicine sector, will kick off Psychedelic Capitals August event. The conference will additionally host a series of corporate presentations from top industry insiders and CEOs, an investor roundtable seeking to address some of the pressing issues affecting the global psychedelics industry, and many more engaging topics. Two-eyed seeing is a Mikmaw principle for mindfully bringing together Western science and Indigenous wisdom to use all our understandings so we can leave the world a better place, said Steven Huang (he/him) Founder, Millennial HR Design moderator of the DEI panel. Well discuss how cross-cultural collaboration across the diverse array of psychedelic stakeholders could be the key to unlocking tremendous value and growth in an ethical, responsible way.

To view the full press release, visithttps://ibn.fm/taJsJ

About Microdose Psychedelic Insights

Microdose Psychedelic Insights is your guide to the psychedelic medicine industry. With a vision to shift the worlds perception of psychedelic medicine, Microdose Psychedelic Insights distributes and creates the most compelling content, financial analysis, engaging events, and groundbreaking education to drive the psychedelics industry to the forefront of modern medicine. For more information, visitwww.Microdose.buzz.

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PsychedelicNewsWire (PNW) is a specialized content distribution company that (1) aggregates and distributes news and information on the latest developments in all aspects and advances of psychedelics and their use, (2) createsPsychedelicNewsBreaksdesigned to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics.

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Making offshore safer: new ways of working to prevent major accidents. – Lloyd’s Register

Posted: at 12:46 am

The verification of offshore oil and gas assets against applicable codes, standards and regulations is a key process in safety regimes worldwide as it provides assurance that offshore installations can be expected to perform safely and reliably.

A new study from LRs Field Survey Group (FSG) explores the concept of Next Generation Verifiers and encourages verifiers/surveyors to step back and re-evaluate their role to improve the quality of their service. The study also critically examines risk-based verification regimes and encourages the improvement of internal assurance processes, so that duty holders can confidently self-regulate themselves, look for blind spots, and use Independent Verification Bodies (IVBs), like LR, to their full potential.

The introduction of a risk-based verification regime in the UK was a crucial development following the Piper Alpha disaster in 1988. This regime requires the proactive role of the operators/owners of offshore installations to prevent and mitigate Major Accident Hazards (MAHs). Despite the systematic framework and verification process, the regime is still reactive and does not deliver the goals of the UK Offshore Safety Case Regulations (OSCRs), with multiple case studies, hydrocarbon leaks, and regulators enforcement notices suggesting that MAHs can still happen within the existing assurance process.As an independent verifier, LR has been working on a process to enhance the execution methodology of the UK Continental Shelf (UKCS) offshore verification regime. While not changing the system, the aim is to encourage owners/operators and IVBs to look more closely at what they are trying to achieve, and by doing so they can introduce more effective work practices, providing an added benefit to their operations.

Following extensive research and reflecting on LRs survey experience, FSG Team Lead Irfan Nawaz has produced the study, titled Next Generation Verifiers, in collaboration with Liverpool John Moore University. The aim of the study is to ensure that the verification process remains proactive, improving internal assurance processes, ensuring safe operations and meeting OSCRs requirements.

This is the first study to document and validate the barriers impacting the effective implementation of the verification process. Findings suggest the continuous monitoring of these barriers throughout the verification cycle is required, as when used properly, IVBs are capable of identifying the weak signals of a major accident event a best friend to the offshore industry which faces hazards on a daily basis. The strengths of next-generation verifiers are also highlighted in the study, along with training and development areas leading to a proposed proactive verification process.

The study presents a Bayesian Network model to evaluate the availability of the safety and environmental critical elements (SECEs), assisting duty holders to demonstrate compliance of SECEs. LR software application, V-Connect is introduced as the biggest data source of IVBs recommendations and data analysis reports are being generated for duty holders. Toolkits are provided to the IVBs and duty holders to assess the root cause of continuous degraded SECEs, and a high-level framework is presented to evaluate management issues impacting SECEs.

Short and long-term cost benefits can be achieved through enhancing the safety, reliability and availability of SECEs by effectively implementing the proposed next-generation verifiers framework. The framework represents a significant step in supporting duty holders to mature and deliver verification in a cost-effective manner.

The desired results of a proactive risk-based regime have not been achieved so far and therefore, change is necessary. This change is an ongoing process and this study forms part of a bigger cycle, which includes developing next-generation verifiers, improving assurance processes and eliminating repeated failures.

Author of the study, Irfan Nawaz, said: Globally, I have experienced a few inspirational stories: an Irish duty holder demonstrates the will and commitment to implement the verification regime towards the end of field life; a Cyprus regulator educates their inspectors to implement the EU directive while inspecting first oil and gas exploration in the country; and the Nigerian offshore workforce is keen to learn the different facets of the risk-based regime.

These inspirational stories and many more provide positive indications that risk-based regimes will be strengthened in years to come and implemented in many more countries. In order to continue to inspire the global stakeholders, the regime should continue to evolve with the new challenges and embrace the change. Perhaps, this is the right time to introduce a global forum of IVBs. This will improve collaboration and knowledge sharing among IVBs, and benefit the offshore oil and gas industry, offshore workforce, duty holders, regulators and legislators. The study aims to be the true reflection of a risk-based regime. The researchers, regulators, duty holders and IVBs reflections of this study will only strengthen our belief in the regime. I am positive that the UK offshore risk-based regime will have a bigger global presence, lets work together to proactively prevent major accidents.

Download the study at info.lr.org/nextgenerationsverifiers

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Neil deGrasse Tyson Talks Psychedelic Mushrooms And The Weird World Of Fungi On His Podcast – IFLScience

Posted: at 12:46 am

If you thought mushrooms were just slimy grey things you put on a pizza, you'regravely mistaken.

Astrophysicist Neil deGrasse Tyson recently spoke to Merlin Sheldrake on his podcast StarTalk about the immense fungi kingdom. For those unaware, Merlinis a British biologist with a PhD in tropical ecology from Cambridge University and theauthor ofEntangled Life: How Fungi Make Our Worlds, Change Our Minds, and Shape Our Futures. He documented his book being chowed down uponby a bunch of fungi for a refreshingly creative book launch campaign.

Inevitably, when discussing the wonders of mycology, psychedelic magic mushrooms and psilocybin were brought up. Among the many discussion points, the pairtalk about subjects ranging from whether psilocybin had a significant role in human evolution to the future use of psychoactive mushrooms for the treatment of mental health.

There was also discussion beyond the psychedelics, including whether fungi could seed life elsewhere in the solar systemand the incredible abilities of fungal networks.

Man, I have a whole new respect for mushrooms now, Neil remarked.

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Bexson Biomedical Launches New Project, Applying Subcutaneous Delivery Technology To Multiple Psychedelic Compounds For Therapeutic Use – PRNewswire

Posted: at 12:46 am

SANTA BARBARA, Calif., Aug. 12, 2021 /PRNewswire/ --Bexson Biomedicaltoday announced the launch of its R&D initiative to develop novel subcutaneous formulations of several different psychedelics, empathogen and other psychoactive compounds. The effort applies the company's existing subcutaneous formulation technology to several psychoactive drug scaffolds for the treatment of mental health indications, such as PTSD and depression. The formulations are designed for controlled delivery via Bexson's proprietary subcutaneous infusion pump technology in development with Stevanato Group, a leading global provider of drug containment, drug delivery and diagnostic solutions.

Controlled subcutaneous delivery of psychedelics and empathogens can offer numerous advantages over other routes of administration, including reduced GI side effects, more consistent bioavailability, and better control over treatment onset and exit. And compared to IV administration, subcutaneous administration can provide reduced cost and increased patient comfort.

"As we developed our BB106 subcutaneous ketamine therapy we realized two things," said Jeffrey Becker, MD, Bexson co-founder and Chief Scientific Officer."First, the wearable patch pump we are developing with Stevanato Group is the ideal platform for controlled release of a controlled substance. Two, Bexson's patented formulation technology could be applied to a vast number of psychedelic and empathogen compounds to improve experience and accessibility, while providing increased safety and dosing precision. As our research has progressed, we have been pleased to find both our formulation and pump technology are highly modular."

Bexson Biomedical has initiated formulation development and stability work on several compounds that represent high-impact targets for the treatment of mental health, addiction and pain disorders. The company is optimizing formulations of compounds such as DMT and mescaline for subcutaneous administration.

In November 2020, Bexson filed five provisional patents, applying its new delivery and formulation technology to several compounds and broad scaffolds with strong potential as new mental health treatments, including tryptamines, phenylethylamines, lysergamides, aminoindanes, benzofurans, arylcyclohexylamines, and cathinones.

Images of Bexson's wearable device can be found here.

Bexson Biomedical, Inc. is a research stage company developing therapies for a variety of pain management, addiction and mental health disorders. The company's lead indication for its BB106 ketamine therapy is acute pain management. Pain following surgery is a$12 billionmarket and a leading cause of opioid abuse and addiction.Bexson is also applying its subcutaneous delivery technology to several psychedelic and empathogen compounds. Visit at: http://www.bexsonbiomedical.com.

SOURCE Bexson Biomedical

https://www.bexsonbiomedical.com

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Delic Announces Luke Storey, Transformation Coach and Creator/Host of Thought-Provoking Podcast, The Life Stylist to Speak at Meet Delic: The World’s…

Posted: at 12:46 am

Meet Delic, a revolutionary, two-day immersive edutainment experience for the world's leading psychedelic and wellness thought and business leaders will take place at AREA15 in Las Vegas, Nevada, November 6 7, 2021

VANCOUVER, BC, Aug. 12, 2021 /PRNewswire/ - Delic Holdings Inc. ("DELIC" or the "Company") (CSE: DELC) (OTCQB: DELCF), the leading psychedelic wellness platform, today announced that Luke Storey will serve as one of the headline speakers at Meet Delic the world's premiere psychedelic and wellness edutainment event catering to both curious newcomers, business and thought leaders.

Delic Holdings Inc. Logo (CNW Group/Delic Holdings Inc.)

Storey is the creator and host of The Life Stylist, a podcast dedicated to those seeking to live life at the highest level of human potential. The show boasts over 7 million downloads on iTunes and has featured some of the most prominent experts in the fields of health, spirituality, and personal development.

Storey is a motivational speaker, meditation and metaphysics teacher and lifestyle design expert who has dedicated his life to inspiring people to heal and transform with spirituality and biohacking. Storey states, "In a time when the world needs it most, I am excited to contribute to the conversation of how humanity can heal our past and evolve into the future through the ceremonial use of plant medicines and the clinically therapeutic application of psychedelics. The third wave of these incredible medicines is upon us, and Meet Delic is at the forefront of the revolution." Storey's teachings combine primal health, and ancient spiritual practices with the most cutting-edge natural healing, and consciousness expanding technologies. His strategies for healing, happiness, and high-performance living inspire people worldwide to transform their mind, body, and spirit.

"Luke Storey is an inspirational force in the possibility of human potential and an incredible addition to Meet Delic. s," said Delic co-founder, Jackee Stang. "His coaching, life experience and voice are pivotal to sharing the story of psychedelic wellness and we are looking forward to learning more in Las Vegas this November."

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The experiential event will feature dancers, music, 3D mapping, new technologies and research, thought-provoking presentations and the world's largest psychedelic business expo.

The twenty hours of panels and keynotes will include a broad array of topics such as: "Psychedelics and Sobriety: The Next Frontier in Recovery." "Why Are Psychedelics Medicine?" "Ketamine Clinics Today, Psilocybin and MDMA Therapy Tomorrow," "PTSD Reset and Recovery," "Aphrodisiacs and Psychedelics: A History of Medicine for Love," Microdosing, Psychedelic Activism, "Drug Use for Grown-Ups." Musical and entertainment acts are scheduled both evenings following the panels and expo.

Tickets are now available for the two-day experience. For more information please visit, meetdelic.com. Follow us on @meetdelic on Instagram, Twitter and Facebook. Tickets available now.

About Meet DelicMeet Delic is the world's premier psychedelic and wellness edutainment event catering to both curious newcomers, businesses and thought leaders. Held in AREA15, an immersive and experiential entertainment complex in the heart of Las Vegas, the exciting two-day event features industry entrepreneurs, consumers, psychonauts and leading voices in research and science. Meet Delic is the largest and most comprehensive event to learn about the intersection of psychedelics, health and wellness and culture, how to start or grow your business, connect with likeminded visionaries, enjoy fun social activities, and experience the acceleration of this worldwide movement.

About Delic Corp.Delic is the leading psychedelic wellness platform, committed to bringing science-backed benefits to all and reframing the psychedelic conversation. The company owns and operates an umbrella of related businesses, including trusted media and e-commerce platforms like Reality Sandwich and Delic Radio, Delic Labs the only licensed entity by Health Canada to exclusively focus on research and development of psilocybin vaporization technology, Meet Delic the premiere psychedelic wellness event, and Ketamine Infusion Centers one of the largest ketamine clinics in the country. DELIC is backed by a team of industry and cannabis veterans and a diverse network, whose mission is to provide education, research, high-quality products, and treatment options to the masses.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Information and StatementsThis press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of DELIC's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".

By identifying such information and statements in this manner, DELIC is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of DELIC to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, DELIC has made certain assumptions.

Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although DELIC believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and DELIC does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to DELIC or persons acting on its behalf is expressly qualified in its entirety by this notice.

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SOURCE Delic Holdings Inc.

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