Here is a lesson for you all including the numpties who ask why we dont just collect deer snow piss or shrooms.
The price of synthetic Psilocybin is $7000 - $10000 USD per gram. This was reported in early 2020. I expect this price to have increased significantly with demand and developments around this industry.
Obtaining it, is even harder. Thats why this announcement has weight to it.
We are 10 steps ahead of every other ASX company within this industry in terms of psychadelics and being listed on the US.
This is what puts CPH infront of its competitors.
I also notice a lot of misinformation downramping our announcement which are coming from investors from $IHL mainly. Saying that its only "$300 per ounce".
Be careful who you listen to and do some quick google searches yourself when youre invested.
Reference here: https://www.truffle.report/medical-psilocybin-cost-and-production-methods/
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