SpeakEasy Cannabis looking to get into magic mushrooms

Pot farm looks to shrooms

SpeakEasy Cannabis Club is getting set to participate into the magic mushroom business.

The company, which is based in Rock Creek, is four months into a six- to nine-month application process to receive its narcotics dealers licence, which would allow it to develop and standardize psilocybin cultivation. A company with a narcotics dealers licence can produce, assemble, sell, provide, transport, send, deliver, import or export a controlled drug.

“Agriculture has always been the core of SpeakEasy’s business, and psilocybin production is not much different,” SpeakEasy founder Marc Geen said in a press release. “Commercial mushroom production is very similar to cannabis production, especially considering both are controlled substances and likely will fall under a similar set of regulations.

“We are in a great position to be able to be at the forefront of the growing psilocybin market and also apply SpeakEasy’s farming knowledge to the production of magic mushrooms adding efficiency, high-quality production at an economical costs of production.”

There are projections that the psychedelic therapeutic drug market could be a $6.8 billion industry by 2027.

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