Welcome to our dedicated page for Silo Wellness news (Ticker: SILFF), a resource for investors and traders seeking the latest updates and insights on Silo Wellness stock.
Silo Wellness Inc. (SILFF) appears in the provided news as a company at the intersection of psilocybin wellness retreats, functional mushroom products, cannabis-adjacent partnerships, and a proposed transition toward a defense and national security–focused investment issuer under the Born Defense Inc. name. The news flow around SILFF spans psychedelic wellness activities in Jamaica and Oregon, corporate finance developments, and later, a planned strategic pivot into defense-related investment themes.
Earlier news items emphasize Silo Wellness’s role in psilocybin wellness retreats in Jamaica, its description as Oregon’s only publicly traded company actively providing psilocybin experiences to clients, and its mission to provide psychedelics to those suffering while helping destigmatize these therapies. Coverage includes the company’s feature in a CNN documentary episode of "The Whole Story with Anderson Cooper" titled "Magic Mushrooms: Can They Change Your Mind?", where a CNN correspondent undergoes psilocybin therapy at a Silo Wellness retreat.
Other news focuses on strategic partnerships and transactions, including a share exchange and broader collaboration with NUGL Inc. and Kaya Group to expand psychedelic wellness experiences and retreats in Jamaica, and a binding letter of intent for Silo Wellness to acquire all issued and outstanding securities of NUGL Inc., subject to shareholder and regulatory approvals. These announcements highlight how corporate actions, financing plans, and market listings relate to the SILFF symbol.
More recent coverage describes Silo Wellness’s intention to change its business and rebrand as Born Defense Inc., an investment issuer targeting defense, cybersecurity, critical infrastructure, and national resilience sectors, again subject to regulatory and shareholder approval. News readers following SILFF can use this page to review historical psychedelic wellness–related developments alongside updates on the proposed transition to a defense and national security–oriented investment model.
Silo Wellness (CSE: SILO) has appointed Richard Craven as its new CEO and Board member, marking a strategic shift as the company transitions to Born Defense Inc. Craven, currently Director of Global Strategy at RemTech, brings extensive experience in defense finance and regulatory compliance. His background includes managing a UK retail investment platform with £11.2 billion in assets and overseeing North American defense operations.
The appointment aligns with Silo's June 2025 announcement to transform into Born Defense Inc., an investment issuer focused on defense and national security sectors. The business transformation, guided by the Just War Doctrine, is expected to complete later in 2025, pending regulatory and shareholder approval.
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Marijuana Company of America (MCOA) announced its participation in the 2021 Champs Trade Show in Las Vegas from July 27-30. Its subsidiaries, hempSmart and cDistro, will showcase products including the Marley One functional mushroom line, developed in partnership with Silo Wellness (CSE:SILO, OTCQB:SILFF). Both subsidiaries aim to enhance brand visibility and sales, capitalizing on strong recognition, particularly the Marley name. MCOA's joint venture partner, Cannabis Global Inc. (OTC PINK:CBGL), will also exhibit, providing networking opportunities for industry growth.