Business
Global Changes Ticker Symbol to PSYC and Enters the Emerging Psychedelic Market Amidst the Covid-19 Pandemic
Global Changes Ticker Symbol to PSYC and Enters the Emerging Psychedelic Market Amidst the Covid-19 Pandemic.
About this update from Psyc Corporation
[{"type":"text","content":"\n LAS VEGAS, April 13, 2020 (GLOBE NEWSWIRE) -- Global Trac Solutions, Inc. (OTCPink: PSYC) (“Global” “PSYC” or the “Company”) is pleased to announce they have successfully changed their name and corresponding ticker symbol to PSYC in order to align it with their newest business venture objectives. “PSYC has always been at the forefront of innovative technologies, new industries and market perspective. Most recently, we took an underserved industry in dire need of a cashless payment processing solution and successfully delivered it through MTrac, which quickly evolved into the first significant revenue source in our company’s history,” said Vanessa Luna, CEO of Global Trac Solutions. “During this process we also assembled a truly unique and powerful network of innovators, partners and leaders from a variety of different new and emerging industries. While the presence we have established for PSYC has afforded us the benefit of being presented with several opportunities for new ventures, our immediate and long term success has remained a top priority and has guided our decision making every step of the way.” “At the core of PSYC’s identity is a genuine passion for ingenuity and bold innovations that refuse to be tamed by the status quo. We have positioned ourselves in the past as your resource for discovering Cannabis through our PotSaver publication which will now transition towards acting as a resource center for the psychedelic industry at large. With this in mind, I am both proud and excited to share that over the coming months it is my intent to begin laying the strategic groundwork for PSYC to emerge as a recognized trailblazer in the sector of Psychedelic Medicine, which I believe to be currently on a path to transforming the world of mental health as we know it,” Vanessa Luna, continues. While the subject of medicinal psychedelics remains a hot topic, and there are no assurances as to material matters such as FDA approval, legalization, or general acceptance, in my opinion, it is reminiscent of how medicinal marijuana was hotly debated leading up to its wave of legalization across the U.S. There are a growing number of cities across the country including Denver, Santa Cruz, Portland and Chicago that are pushing for its decriminalization ba...