Global Wellness Strategies Inc. announced the formation of a wholly owned pharma subsidiary focused on clinical trials. Global Wellness acquired Shanti Therapeutics in 2022 and all share issuances for the acquisition have been completed. iNGENü a subsidiary of Australian leader Cannvalate is engaged as the CRO (clinical research organization) by the Company to conduct clinical trials for Shanti Therapeutics.

The protocol is a single center, randomized crossover study to investigate the efficacy of MDMA vs placebo in a model of experimental pain in healthy adults. Shanti has a targeted research pathway to clinical success, with strong proprietary protection under its already submitted patent providing a method for the treatment or prevention of pain. Canada-based PharmAla Biotech is to supply MDMA for the Shanti Therapeutics upcoming clinical trial and will disclose receipt of MDMA shortly as the Company readies for its import permit to Australia.

Global Wellness brands broadened their Canadian footprint with provincial partnerships and received a notice of acceptance recently for three new SKUs from the Ontario Cannabis Store (OCS) for GWS and Sunshine State Tea products. The SKU bundles will be available in adult dispensaries in early 2023 in Ontario. The Company will file patents for their formulations and are researching a Contract Research Organization (CRO) in the UK to begin cannabis trials on these products.