11:27 AM EST - The Yield Growth Corp. : Announced today that its majority owned subsidiary NeonMind Biosciences Inc. has taken further steps towards commencing its clinical studies to confirm that psilocybin (a compound in psychedelic mushrooms) is an effective treatment for food cravings and weight loss. NeonMind has now identified a source of psilocybin in Canada and has identified a laboratory at a University in Canada in which to conduct the studies. eonMind previously announced that it had engaged Translational Life Sciences Inc. ("TLS") to conduct the study and that TLS had completed the design of a study to confirm that psilocybin (found in psychedelic mushrooms) is an effective treatment for weight loss and food craving. "Psilocybin is known to activate serotonin receptors," says Dr. William Panenka, the Director of TLS, "As a neurotransmitter, serotonin helps to relay messages from one area of the brain to another. Serotonin is responsible for some of the drivers which govern eating. We are very interested in furthering studies to test various dosing regimens for NeonMind to see the effects that psilocybin may have on the serotonin receptors that regulate food cravings." The Yield Growth Corp.
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