Update on FSD Pharma and Kraft Building
The company that bought the old Kraft building had big plans at first. They wanted to be the biggest grower of Marijuana plants in Canada and they floated their shares under the ticker HUGE. But in July 2020, they announced that they would be giving up on that idea and selling their Cobourg facility with an asking price of $19M. They moved out and are now based in Toronto. Work is now focused on developing medications and when the Covid-19 pandemic struck, they aimed at using Cannabis compounds for its treatment. Their latest announcement is that they have a licence agreement with an Italian company to “develop U.S. Food and Drug Administration (“FDA”) approved veterinary drugs for the treatment of… Read complete articleUpdate on FSD Pharma and Kraft Building