Silo Wellness Inc (TSE:SILO) has released an update.
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Silo Wellness Inc., a global leader in psychedelics wellness, has extended its Letter of Intent for acquiring Kaya Group until June 1, 2024, providing more time to finalize terms and complete audits. Concurrently, the company faces a delay in its annual filings, resulting in a trading halt and a denial of its application for a Management Cease Trade Order by the Ontario Securities Commission. Despite these challenges, Silo Wellness continues its mission to offer transformative psychedelic experiences through its Jamaican retreats.
For further insights into TSE:SILO stock, check out TipRanks’ Stock Analysis page.