FSD Pharma Inc. (HUGE) Acquires Lucid Psycheceuticals for $9M

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FSD Pharma Announces Definitive Agreement to Acquire Lucid Psycheceuticals

August 25, 2021 9:00 AM EDT

Acquisition Advances Companys Strategic Plan Toward a Diversified Novel Drug Development Pipeline in Psychedelics and Medical Cannabis

TORONTO, Aug. 25, 2021 (GLOBE NEWSWIRE) -- FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) (FSD Pharma or the Company), a life sciences holding company dedicated to building a portfolio of assets and biotech solutions in legal psychedelics and medical cannabis, announces today it has entered a definitive agreement to acquire 100% of the issued and outstanding shares Lucid Psycheceuticals Inc. (Lucid), a Canadian-based specialty psychedelic... More