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Psyence Biomedical to consolidate shares in bid to keep Nasdaq listing | How to order Skittles Moonrock online

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The consolidation follows Psyence’s March debut on the Nasdaq through a SPAC merger with Newcourt Acquisition.

Psyence Biomedical Ltd. (Nasdaq: PBM) will implement a 1-for-75 share consolidation next week as the psychedelics company works to maintain its Nasdaq listing, the company said Tuesday.

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Adam Jackson

Adam Jackson writes about the cannabis industry for the Green Market Report. He previously covered the Missouri Statehouse for the Columbia Missourian and has written for the Missouri Independent. He most recently covered retail, restaurants and other consumer companies for Bloomberg Business News. You can find him on Twitter at @adam_sjackson and email him at adam.jackson@crain.com.

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