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Press Release: Silo Pharma Announces Stock Repurchase Program

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ENGLEWOOD CLIFFS, NJ, Jan. 31, 2023 (GLOBE NEWSWIRE) — Silo Pharma, Inc. (Nasdaq: SILO) (“the Company”), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, today announced that its board of directors has authorized a share repurchase program to acquire up to $1,000,000 of the Company’s common stock. The Company may purchase common stock in the open market, through privately negotiated transactions, or otherwise, in compliance with the rules of the United States Securities and Exchange Commission and other applicable legal requirements. The Company had approximately 3,138,797 million shares of common stock outstanding as of November 10, 2022, as reported in its Quarterly Report for the period ended September 30, 2022.

“The current capital market conditions allow us to capture additional value for all shareholders through this measured buyback program. Our Board of Directors and executive management team remain committed to delivering value to our shareholders,” said Eric Weisblum, Chief Executive Officer.

The timing, the number of shares repurchased, and prices paid for the stock under this program will depend on available liquidity, cash flows and market conditions as well as corporate and regulatory limitations, including blackout period restrictions. The repurchase program does not obligate the Company to acquire any particular amount of shares, and the repurchase program may be suspended or discontinued at any time at the Company’s discretion



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Cannabis

Drug Plants Vs Manufactured Products: What’s Better?

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When it comes to plant drugs, you often have the option of the plant, or manufactured products. Which is better? Read on…

Plant drugs

Not every drug is a plant. Though some like LSD and MDMA are based on plants or are synthesized using plants (ergot fungus and sassafras, respectively), some popular drugs, are nothing but a plant. Think of weed. We call it by this word because it’s literally a weed that grows by roadsides in many places. It doesn’t require any preparation beyond heating it; and plenty is gained without heat at all. Magic mushrooms are another great example of a basic plant drug that can be pulled from the ground and ingested, with no further preparation.

Beyond this, we have a range of drugs that started as natural, but were then processed into something stronger. Like heroin. Heroin is morphine processed with ascetic acid. Or cocaine, a processed form of coca leaves that involves nitric acid. In these cases there’s a certain amount of processing that goes on, but its done around the basis of the original plant. However, due to the processing; the results are a much more intense product. Cocaine is even processed further to make crack, a more intense version of cocaine.

Plant drugs have been used for thousands of years, long past recorded history. Some of what we know comes from fossilized findings, and carbon dated remnants. In terms of recorded history, from medical books to scripture; plants factor in as far as recordings go back. Different locations of the world worked with what they each had available. And they often came to the exact same understandings of a plant, in differing periods and locations; for which there would have been no communication or ways to share ideas.

Lab-made cannabis products
Lab-made cannabis products

Plants were (and are) widely used for spiritual purposes by many indigenous tribes the world over; as well as for medical treatments, and recreational use. Sometimes they are used so much, and so entrenched in culture; that modern governments allow them. Peyote is a great example. It’s used so widely by native cultures in the US, the federal government finally legalized the plant for spiritual use; a law that applies to anyone who wants to use the plant for this purpose, even beyond native tribes.

Synthetic drugs

The other side in plants vs manufactured products, is the manufactured products. These fall into two categories in my mind: products that are made from a plant, but produced in a different form; or completely synthesized, lab-made drugs. In either case, these products don’t grow directly out of the ground.

When it comes to products made from the plant, without creating a new drug; one of the best examples is vape products for cannabis and tobacco. And by this I specifically mean oil vapes, since dry herb vapes don’t require any level of production for the weed used. Oil vapes are vapes that use oil cartridges, and these cartridges contain compounds from the plants, that are leached into the oil. Instead of dealing with the plant, the user just deals with an oil cartridge and a battery.

Edible products are also included here. A brownie is not directly weed, and a gummy is not directly a mushroom. The drugs must be processed to some degree to create an edible form. This is something the average person can do in their kitchen with the right setup; but something for which there is a large and growing sales market, as well. Whereas you can choose what to put in when cooking at home; store-bought products include whatever ingredients the given company chose for their recipe.

When it comes to synthesized lab-made drugs, some examples are drugs like LSD, MDMA, antidepressants, synthetic opioids, Tylenol, and methamphetamine. There is no original form of any of these, so the only way they exist, is as lab-made products. Whether they’re synthesized using a plant is not important; as the drugs themselves are too different from the plants that they’re made from, to be associated with them in terms of effects.

Plants vs manufactured products – when manufactured is better

Some drugs only exist as one or the other. There is no natural form of methamphetamine, but there is also no lab-made version of salvia. Others exist in both realms. You can eat amanita mushrooms, or buy the gummy version; and same with cannabis. Both of these plants, and their accompanying industries, are great examples of the difference between plants and manufactured products.

Amanita mushrooms are an example of plant drugs
Amanita mushrooms are an example of plant drugs

Which is better? This is a matter of opinion. When it comes to weed, some manufactured products, like vapes, provide a more intense high than the plant itself; because they’re a more concentrated version. This is a useful concept for medicating; when often a very strong version of something is needed to get a medical effect. The weed industry provides both options, plants and manufactured products; and either can be decent in terms of effects, with manufactured products often offering a more intense experience.

Amanita mushrooms are another plant drug that has a good reason for manufacturing. These mushrooms come with a main compound that can make a person sick; though not enough to die. This compound, ibotenic acid, can be processed out through the decarboxylation method of boiling. This can be done by the individual who wants to use them; or by manufacturers who produce gummies or other edible products. In the latter case, all the user must do, is eat the product.

Manufactured products also come with the upside of dosing. We don’t all want or need the same amount, but its hard to know how much of the active compounds (or dangerous compounds) we’re taking in, when consuming plant material. Manufactured products generally have measured levels of compounds, creating a consistent experience; and making it easier for those who are less familiar with something, to get it right. This idea of consistency promotes the API market for pharmaceuticals.

Plants vs manufactured products – when plants are better

There are some issues, however, with manufactured products. Just like they can sometimes be more potent than their plant counterparts, sometimes it’s the opposite. Amanita mushrooms are once again a an applicable example. They’re newer to American culture, and don’t have a history of use as a plant. But they’re also hallucinogenic mushrooms (though different from psilocybin, as they work mainly off the compound muscimol). Producers seem generally afraid to create products with full-blown effects, which creates a market of products that don’t do much, even though the mushrooms themselves, do.

In terms of products being too strong, this is also an issue. A newer rise in emergency room visits is connected with very high THC products, which have become the norm. Whereas plants don’t generally have more than 20% THC (although this amount is incredibly inflated from earlier decades), manufactured products boast numbers like 90% THC. This is no longer in the standard realm of today; and its not shocking that more people get sick. Luckily, THC overdoses are not deadly, just uncomfortable.

Another issue is companies adding toxic substances. Not only does weed not need a lot of pesticides or other chemicals, it wasn’t an industry associated with them as a black market. Yet now with mass legal production, we’re suddenly dealing with sprayed weed, and overuse of agricultural chemicals. What once was a clean black market, is now a grossly dirty legal market; yet its the legal market that always brags about testing. Even though those tests back up just how dirty legal production is.

Vape carts include many different chemicals
Vape carts include many different chemicals

And then think about vapes. Weed might be sprayed with chemicals, but it doesn’t have to be. A vape cart doesn’t exist without the addition of some chemicals. Some are used that don’t have to be, like flavoring or colorants. But other things are necessary since its not a standard state for weed to be in, and it has to be preserved for transport. As such, things like stabilizers and preservatives (vitamin e-acetate) come into play. And this is beyond whatever other tinkering a manufacturer might do.

The same can be said for gummies, and other edibles. The US food market is not a pretty place, because regulation allows for tons of dangerous chemicals in food production. Sure, its possible to make a clean cannabis or mushroom edible, just like its possible to grow organic vegetables, or produce clean meat. However, just because something can happen, doesn’t mean it will. Edibles are food products; and liable to have a list of chemical ingredients, that only people with high level science degrees can pronounce.

Final thoughts

The reality is that for some drugs, both a plant option and a manufactured option, exist. It comes down to a buyer’s personal decision as to what is better. If you want the most basic, unadulterated form; the plant is best. But if you need a stronger product, want the convenience of vapes or edibles, need specific dosing, or have more trust in manufactured products; then this is probably the better option. Either way, if its well made/grown, you should definitely catch a buzz.

Hey all! Cool that you’re with us at Cannadelics.com; a news source in the independent realm, reporting on the most interesting stories in the growing cannabis and hallucinogen worlds. Hang out with us regularly to catch the updates; and get signed up to the Cannadelics Weekly Newsletter; so you’re always up on what’s going down.



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Deal of the day

In The Spotlight: Amanita Mushroom Caps (Only $99/lb)

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This week’s spotlight is on a unique product that everyone is talking about: Amanita Mushroom Caps. These legal psychedelic mushrooms have been used for hundreds of years due to their spiritual and mind-altering effects. Recently, we’ve secured a significant quantity of Amanita caps from a verified supplier, with prices starting as low as $99 per pound.

Amanita Muscaria Caps: The First Legal Psychedelic Product

Finding legal psychedelic products isn’t easy, as most of them are illegal. However, since Muscimol, and Ibotenic acid (the two active compounds found in these mushrooms) are legal in most parts of the world, you can freely order them online. Amanita mushrooms, traditionally used, offer a less hallucinatory and more spiritual experience compared to regular magic mushrooms. Yet, with the right dosage, they can also become highly psychedelic, often accompanied by very vivid dreams in the nights following consumption.

While various Amanita products, such as vapes, gummies, chocolates, and even joints, are available today, it’s Amanita mushroom caps that should be your first choice. Sourcing A-grade mushrooms allows you to create a range of products, from powders and teas to edibles, chocolates, vapes, gummies and joints. This is why, while the sales of gummies and vapes are rising, it’s Amanita caps that most people are seeking.

Purchasing the mushrooms themselves is also very affordable, especially when sourced from reputable suppliers, like the one we’ve verified for you. You can obtain them at an attractive price, even when buying small amounts. If you’re ready to invest a bit more, bulk orders offer a fantastic opportunity to stock up on these premium mushrooms, with prices starting at $99 per pound.

Best Deals On Legal Psychedelic Mushrooms:

Amanita Mushroom Caps

In the realm of holistic wellness, Amanita mushroom caps stand out for their distinctive properties and historical significance. We’re pleased to present an exclusive promotion from verified suppliers.

We offer two deals: a 75% discount on Amanita Muscaria caps, tailored for individuals, groups of friends, and boutique shops keen on introducing Amanita mushrooms to their clientele; and a 50% discount on all bulk and wholesale orders, making it an ideal choice for wholesalers, small to medium-sized businesses, and event organizers.

75% Off Amanita Mushroom Caps

Elevate your psychedelic experience with premium Amanita mushroom caps, now available at an impressive 75% off. For those looking to make an introductory purchase, the 1 OZ option, priced at just $17.5, offers an excellent starting point. However, if you wish to make a more substantial investment, the 1/4 lb option is available at an attractive $62.50.

Choose from a range of quantities tailored to your needs:

  • 1/8 OZ for just $2.75
  • 1/4 OZ at $5.25
  • 1/2 OZ for $10.00
  • 1 OZ at $17.50
  • 1/4 lb for a mere $62.50

For orders of 1 lb and above, check the Bulk Orders section.

How to claim this offer: Simply add your desired items to the cart, and watch as the 75% discount is automatically applied at checkout!

Save Big on Amanita Mushroom Caps

(The 75% discount automatically applies at checkout)

Bulk Amanita Muscaria Mushrooms – Starting from $99/lb

For businesses and enthusiasts seeking the best prices, our bulk orders present an unbeatable proposition, starting at only $99 per pound.

Due to the mushroom’s adaptability, it’s perfectly suited for a variety of applications, from selling mushroom caps to product formulations, including popular gummies. This is your opportunity to invest in a unique legal psychedelic product that the world is only just beginning to embrace.

Source it from a reliable supplier!

Save on Bulk Amanita Muscaria Mushrooms


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As always, the best deals on Amanita Muscaria mushrooms and other legal psychedelic products are reserved for our followers. Subscribe below and never be left without your beloved products!



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Psychedelics

Cronos Group Inc. Launches Medical Brand Peace Naturals in Germany

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Cronos Group Inc. announced that it shipped its first order of bulk cannabis, which will be sold under the PEACE NATURALS®? brand in Germany. In July, Cronos signed a distribution agreement with Cansativa Group.

Cansativa is a market leader in the medical cannabis market and is a driving force in the German cannabis industry. Cansativa has a network of approximately 2,000 pharmacies domestically; they currently supply around 300,000 patients in Germany’s medical market. The recently announced regulatory changes in Germany, to reschedule cannabis and no longer label cannabis as a cannabinoid, are expected to unlock significant growth in the market.

Cansativa’s wide distribution network of pharmacies provides Cronos access to patients in Germany, including those with insurance coverage for medical cannabis. Additionally, in August 2023, a bill was introduced in the German parliament to legalize adult-use cannabis. Re-establishing Cronos and its PEACE NATURals®?

brand in the German market will position the Company to capitalize on this growing market, fueled by potential future legislative changes.



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