Novamind Ventures

Novamind Ventures

Private Company
Public Company
Subsidiary of
Clinical Immersions
Clinical Trials, R&D

About

Novamind empowers the people, technology and science behind psychedelic clinics & retreats.

In anticipation of the FDA approving MDMA and psilocybin therapies, Novamind acting as a parent company, is consolidating and investing in specialized treatment infrastructure and resources:

Ketamine-assisted psychotherapy
For treatment-resistant depression

Integrated psychiatric care
Innovative, evidence-based treatments

Legal psilocybin experiences
Retreats in the Netherlands

Novel IRB approved studies
Psychedelic clinical trials and research


Novamind was founded in May 2019 in Toronto, Canada. Ongoing clinical trials approved by the U.S. Food and Drug Administration (“FDA”) are currently evaluating the safety and efficacy of MDMA-assisted psychotherapy (to treat PTSD) and psilocybin-assisted psychotherapy (to treat depression), and if approved, will require specialized infrastructure to facilitate patient treatment. Novamind seeks to accelerate research and innovation in psychedelic medicine by investing in the people, science and technology required for a regulated psychedelics industry. Until such time that the FDA approves new psychedelic medicines, Novamind invests and operates exclusively in those jurisdictions with established legal regulations for the use of psychedelics. Novamind was an early mover in 2019 and made two strategic investments in industry leading psychedelic retreats and clinics:

(A) a €750,000 (CAD $1,137,623) investment in Synthesis Institute B.V. (“Synthesis”), a Netherlands-based psychedelics retreat offering an interdisciplinary approach to safe, legal psilocybin experiences. The investment in Synthesis was funded in cash and closed in multiple tranches beginning in November 2019 with the final tranche completed in March 2020; and

(B) a letter of intent to purchase (the “Cedar Acquisition”) 100% of the assets of Cedar Psychiatry LLC and Cedar Clinical Research LLC (collectively, “Cedar”), a leading provider of psychedelic-assisted psychotherapy and research, based in the United States. Cedar operates three psychiatry clinics specialized in ketamine-assisted psychotherapy, and a dedicated research center that conducts novel clinical trials. Novamind’s acquisition of Cedar is expected to close prior to the completion of the Proposed Transaction. The purchase price for the Cedar acquisition is $3,050,000 consisting of 5,125,000 Novamind Consolidated Shares (as defined below) to be issued at a deemed price of $0.40 per share and cash payments totaling $1,000,000 to be paid over 12 months from closing of the Cedar Acquisition.

Novamind’s investment in Synthesis and its pending acquisition of Cedar provide Novamind with access to proprietary resources including psychedelic-assisted psychotherapy protocols, industry-leading data, patient screening tools, leading facilitators and scientific advisors. Utilizing these best practices and partnering with leading practitioners in the psychedelic space, Novamind is building a network of clinics and retreats offering people access to safe, legal psychedelic experiences while advancing research for psychedelic medicine.

Novamind empowers the people, technology and science behind psychedelic clinics & retreats.

Novamind empowers the people, technology and science behind psychedelic clinics & retreats.