STOCK TITAN

Optimi Health (NASDAQ: OPTH) secures ibogaine supply and starts GMP product work

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Optimi Health Corp. reported progress on its ibogaine initiative, securing naturally derived ibogaine from two sources in both hydrochloride and freebase forms. The company plans to begin finished drug product development this summer at its GMP facility in British Columbia, initially targeting encapsulated 50mg and 100mg doses.

The update follows an April 2026 U.S. executive order that prioritized ibogaine and other psychedelic therapies for accelerated FDA review and expanded patient access, increasing demand for reliable GMP-grade supply. In Canada, ibogaine is regulated as a prescription drug rather than a controlled substance, which, combined with Optimi’s existing Health Canada licenses, positions the company to manufacture and supply ibogaine for research and regulated access.

Optimi already produces validated MDMA and botanical psilocybin products and supplies active ingredients and finished dosages to international clinical and therapeutic programs, including Australia’s Authorized Prescriber Scheme and Canada’s Special Access Program.

Positive

  • None.

Negative

  • None.

Insights

Optimi moves into ibogaine, leveraging existing GMP psychedelic platform.

Optimi Health is expanding beyond psilocybin and MDMA by securing ibogaine supply and starting encapsulated product development at its GMP facility. This aligns the company with growing public and state-backed interest in ibogaine research, including a $50 million Texas program.

The regulatory contrast is important: ibogaine is a prescription drug in Canada but a Schedule I substance in the U.S. This makes Canadian GMP production and export for regulated channels a key part of the model. Actual commercial impact will depend on clinical trial demand and access programs adopting ibogaine products.

Investors may focus on how quickly Optimi can complete its in-house development program and secure clinical or special access supply agreements. Subsequent disclosures could clarify manufacturing scale, margins relative to existing MDMA and psilocybin lines, and the breadth of research partnerships using its ibogaine products.

Texas ibogaine program funding $50 million State-funded ibogaine clinical trials in Texas cited by Optimi
Planned ibogaine dose size 50mg capsules One of two encapsulated ibogaine strengths in development
Planned ibogaine higher dose 100mg capsules Second encapsulated ibogaine strength in development
Executive order date April 18, 2026 U.S. order prioritizing ibogaine for accelerated FDA review
Study year 2024 Stanford-led Nature Medicine ibogaine study in veterans
GMP technical
"Development work on the finished drug product is anticipated to commence this summer at the Company’s GMP facility in British Columbia"
Good Manufacturing Practice (GMP) is a set of regulatory standards and procedures that ensure products—especially medicines, medical devices, and related goods—are consistently made to meet safety, quality, and purity requirements. For investors, GMP compliance is like a factory’s hygiene and checklist system: it reduces the risk of product recalls, regulatory fines, and production stoppages, supports market access, and signals more reliable, lower-risk operations that can protect revenue and reputation.
Schedule I substance regulatory
"In contrast, ibogaine remains a Schedule I substance in the United States."
A Schedule I substance is a drug or chemical classified by regulators as having no accepted medical use and a high potential for abuse, placing it in the most restricted legal category. Think of it as a product kept in a locked cabinet with very limited legal access; that strict status blocks routine commercial sales, makes research and development harder, and creates major legal and market risks for investors considering companies working with such compounds.
Special Access Program regulatory
"products currently prescribed to patients in Australia under the country’s Authorized Prescriber Scheme and accessible in Canada through the Special Access Program."
A special access program is a regulated pathway that lets patients use an experimental drug, vaccine, or medical device outside clinical trials when no approved options are available. Think of it like allowing a small number of people to try a prototype product before wide release; for investors it can create early, limited revenue, generate real‑world safety and use data, and carry regulatory and reputational risks that can affect a company’s valuation.
Authorized Prescriber Scheme regulatory
"products currently prescribed to patients in Australia under the country’s Authorized Prescriber Scheme and accessible in Canada through the Special Access Program."
An authorized prescriber scheme lets a qualified clinician or group of clinicians prescribe a specific medicine to eligible patients without obtaining individual approvals each time, under rules set by health regulators. For investors, it matters because the scheme can speed access to medicines and broaden sales once clinicians are approved, similar to giving a trusted shopkeeper a standing license to sell a product rather than requiring a new permit for every sale.
forward-looking statements regulatory
"This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did Optimi Health (OPTH) announce about its ibogaine initiative?

Optimi announced it has secured naturally derived ibogaine from two sources and plans to begin finished drug product development at its Canadian GMP facility, initially focusing on encapsulated 50mg and 100mg doses for research and regulated access channels.

How is Optimi Health (OPTH) planning to manufacture ibogaine products?

Optimi plans in-house development at its GMP facility in British Columbia, creating encapsulated 50mg and 100mg ibogaine doses. The program covers encapsulation SOPs, dosage strengths, bottling, labeling, packaging, and validation of manufacturing and analytical testing methods before product supply.

Why is the regulatory status of ibogaine important for Optimi Health (OPTH)?

Ibogaine is a prescription drug in Canada, not a controlled substance, enabling GMP manufacture under Health Canada oversight. In the U.S. it remains Schedule I, so Canadian production positions Optimi as a compliant supplier for international research and regulated access programs needing reliable ibogaine products.

How does recent U.S. policy affect Optimi Health’s ibogaine plans?

A 2026 U.S. executive order prioritized ibogaine among psychedelic therapies for accelerated FDA review and expanded patient access. This policy, alongside state-backed programs like Texas’s $50 million ibogaine trials, has increased attention on the need for GMP-grade ibogaine supply that Optimi aims to provide.

What other psychedelic products does Optimi Health (OPTH) currently manufacture?

Optimi already manufactures validated MDMA and botanical psilocybin drug products at its Canadian GMP facilities. It supplies both active pharmaceutical ingredients and finished dosage forms to regulated clinical and therapeutic programs, including Australia’s Authorized Prescriber Scheme and Canada’s Special Access Program.
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2026

Commission File Number: 001-43304

 

 

OPTIMI HEALTH CORP.

 

 

269 David Brown Way

Princeton, B.C. V0X 1W0

Canada

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

 

 
 


EXHIBIT INDEX

 

Exhibit

  

Description of Exhibit

99.1    Press Release


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    OPTIMI HEALTH CORP.
Date: June 8, 2026     By:  

/s/ Dane Stevens

    Name:   Dane Stevens
    Title:   Chief Executive Officer, Chief Marketing Officer and Director

Exhibit 99.1

 

LOGO

Optimi Health Secures Ibogaine Supply and Commences Finished Drug Product Development

Recent US executive order named ibogaine compounds among the psychedelic therapies prioritized for

accelerated FDA review and expanded patient access

Ibogaine is under investigation to treat PTSD, opioid use disorder and traumatic brain injury

VANCOUVER, British Columbia, June 8, 2026 – via IBN – Optimi Health Corp. (NASDAQ: OPTH) (CSE: OPTI) (FSE: 8BN0) (the “Company” or “Optimi”), a commercial-stage pharmaceutical manufacturer of regulated psychedelic drug products, today provided an update on its recently announced Ibogaine Initiative. Optimi has secured naturally derived ibogaine from two sources, in both hydrochloride (HCl) and freebase form. Development work on the finished drug product is anticipated to commence this summer at the Company’s GMP facility in British Columbia, Canada.

“We are seeing a growing number of research institutions interested in ibogaine, and there is real public funding behind it now, including the $50 million program in Texas[1],” said Dane Stevens, CEO and Co-Founder of Optimi. “We are excited to develop and supply this product from Canada, where we have the facility, the licensing, and the experience to make it into standardized pharmaceutical dosages.”

Two dosage sizes, 50mg and 100mg, are planned in encapsulated format. The in-house development program covers standard operating procedures (SOPs) for finished drug encapsulation, dosage strengths, bottling, labeling, and packaging, alongside validation of the Company’s manufacturing and analytical testing methods. The Company will provide an update upon completion of the program.

On April 18, 2026, a U.S. Executive Order named ibogaine compounds among the psychedelic therapies prioritized for accelerated Food and Drug Administration review and expanded patient access, and directed federal funding to match state investments in psychedelic research.[2] This has intensified attention on ibogaine and on the need for a reliable, GMP-grade supply.

In Canada, ibogaine is not a controlled substance under Canada’s Controlled Drugs and Substances Act[3]; rather, it is regulated under the Food and Drugs Act (Canada) and is listed on Health Canada’s Prescription Drug List.[4] In contrast, ibogaine remains a Schedule I substance in the United States. Combined with Optimi’s GMP infrastructure and current Health Canada licensing, this regulatory environment positions Canada, and Optimi specifically, as an advantageous base for the compliant manufacture and supply of ibogaine to support research and regulated access.

Ibogaine is a naturally occurring alkaloid derived from the root bark of the Tabernanthe iboga shrub, native to Central and West Africa. It has been studied for its potential to interrupt opioid withdrawal and craving, and for its effects on substance-use disorders, post-traumatic stress disorder (PTSD), and traumatic brain injury (TBI). A 2024 Stanford-led study of U.S. Special Operations veterans, published in Nature Medicine, reported reductions in PTSD, depression, anxiety, and functional disability in a cohort following a single ibogaine treatment protocol.[5]

Optimi is developing its ibogaine product at the Company’s wholly owned GMP facility, which it also uses to manufacture psilocybin and MDMA. The Company supplies finished drug products and active pharmaceutical ingredients for clinical research and regulated patient access. Inquiries regarding product for special access programs and clinical trial supply may be directed to sales@optimihealth.ca.


About Optimi Health Corp.

Optimi Health Corp. (NASDAQ: OPTH) (CSE: OPTI) (FSE: 8BN0) is a commercial-stage pharmaceutical company focused on manufacturing and distributing GMP-grade psychedelic drug products for mental health therapies. As a Health Canada-licensed pharmaceutical manufacturer, Optimi produces validated MDMA and botanical psilocybin drug products at its GMP-compliant facilities in British Columbia, Canada.

Optimi supplies both active pharmaceutical ingredients and finished dosage forms to regulated clinical and therapeutic programs internationally, with products currently prescribed to patients in Australia under the country’s Authorized Prescriber Scheme and accessible in Canada through the Special Access Program.

For more information, please visit www.optimihealth.ca or optimi.net.

For more information, please contact:

Dane Stevens, CEO

Optimi Health Corp.

(778) 761-4551

investors@optimihealth.ca

www.optimihealth.ca

Notes and Sources

[1] UTHealth Houston. “UTHealth Houston, in collaboration with UTMB Health, awarded $50 million by the state of Texas to lead ibogaine clinical trials.”

[2] The White House. “Accelerating Medical Treatments for Serious Mental Illness.” Presidential Actions, April 18, 2026. https://www.whitehouse.gov/presidential-actions/2026/04/accelerating-medical-treatments-for-serious-mental-illness/

[3] Government of Canada. Controlled Drugs and Substances Act. Ibogaine is not listed in the schedules to the Act. https://laws-lois.justice.gc.ca/eng/acts/c-38.8/

[4] Health Canada. “Notice-Prescription Drug List (PDL): Multiple additions” (2017). https://www.canada.ca/en/health-canada/services/drugs-health-products/drug-products/prescription-drug-list/notice-prescription-drug-list-multiple-additions-2.html

https://www.uth.edu/news/story/uthealth-houston-in-collaboration-with-utmb-health-awarded-50-million-by-the-state-of-texas-to-lead-ibogaine-clinical-trials

[5] Cherian, K.N., et al. “Magnesium-ibogaine therapy in veterans with traumatic brain injuries.” Nature Medicine (2024). https://www.nature.com/articles/s41591-023-02705-w

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including statements regarding the Company’s development of an ibogaine initiative, ability to supply finished product and the anticipated benefits and uses of ibogaine and the Company’s ibogaine initiative. Forward-looking statements are often identified by words such as “expects,” “anticipates,” “believes,” “intends,” “plans,” “may,” “will,” “would,” “could,” or similar expressions. Forward-looking statements are based on several assumptions and are subject to a number of known and unknown risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Accordingly, there are or will be important factors that may cause actual results to differ from expected results. These factors include those described under “Risk Factors” in the Company’s registration statement on Form F-1, as amended, and other filings with the U.S. Securities and Exchange Commission made from time to time which are available at www.sec.gov or in the Company’s continuous disclosure filings available under its SEDAR+ profile at www.sedarplus.ca. These forward-looking statements reflect current expectations of management regarding future events and speak only


as of the date of this press release. Except as expressly required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement.

Neither the Canadian Securities Exchange nor the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this release.

InvestorWire Service Contact:

IBN

Austin, Texas

www.InvestorBrandNetwork.com

512.354.7000 Office

Editor@InvestorBrandNetwork.com

Filing Exhibits & Attachments

1 document