Optimi Gains Momentum with Health Canada’s Approval for Psychedelics Supply

1.3 min readPublished On: October 10th, 2023By

Toronto — Optimi, a leading Canadian psychedelics drug research and formulation enterprise, announced a pivotal achievement today. Health Canada has sanctioned an amendment to the company’s Dealer’s Licence, setting the stage for Optimi to commence its supply endeavours for Canada’s Special Access Program (SAP). This initiative is rooted in compliance with the Controlled Drugs and Substances Act and associated regulations.

In the intricate milieu of Canadian regulatory oversight, businesses engaged in the cultivation and formulation of psychedelic substances must tread carefully. Only upon securing a nod from the Health Canada’s Office of Controlled Substances Division can they supply to the Special Access Program. This milestone is no small feat, and Optimi’s recent announcement underscores its successful navigation through this challenging terrain. The clearance enables the company to supply MDMA and Psilocybin Drug Candidates, both formulated under its official licence.

The Chief Executive Officer of Optimi, Bill Ciprick, radiated optimism when discussing the company’s journey. “Our unwavering commitment in the past few months has amplified our proficiency in Good Manufacturing Practice (GMP) psychedelics production,” Ciprick remarked. He further emphasized the profound significance of the endeavor, noting, “Our diligent efforts will now ensure that our proprietary drug candidates are within reach of healthcare professionals, catering to the therapeutic requisites of patients.”

Karina Lahnakoski, at the helm of Quality and Commercial Strategies for Optimi, accentuated the non-negotiable nature of accountability in GMP supply. “The trinity of safety, scalability, and unparalleled quality is pivotal to our services directed at practitioners, spanning both Canada and Australia,” said Lahnakoski. Her statement reaffirms Optimi’s unwavering commitment to maintaining impeccable standards in the ever-evolving world of psychedelic therapeutics.

About the Author: HCN News Team

The News Team at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

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