$PSYC PSYC Executes Initial Investment into The Co
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PSYC Strengthens Its Position Within the Emerging Psychedelic Sector Through Investment Into Capital Fund
LAS VEGAS, NV, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Global Trac Solutions, Inc. (OTCPink: PSYC) (“Global” “PSYC” or the “Company”) a digital media leader within the emerging sector of medicinal psychedelics, is pleased to announce that the Company has completed an initial investment into The Conscious Fund (the “Fund”), an early-stage venture capital fund focused on the emerging sector of medicinal psychedelics.
The investment represents the first from PSYC of an intended total investment into The Conscious Fund of roughly $500,000 USD over the next four years. Furthermore, the Company contends that this investment may provide PSYC with a very unique opportunity to not only fortify its positioning within the rapidly expanding industry of medicinal psychedelics, but also promote the potential for long-term value for PSYC by connecting it directly to the impressive and diverse portfolio of psychedelic companies the Fund has established.
https://finance.yahoo.com/news/psyc-executes-...00904.html