I recently noticed that there is some confusion among investors about Silo Pharma (SILO) և Silo Wellness (SILO) և it’s logical. They both have the same ticks և they both trade OTC. However, I’ll tell you here that these are two very different companies.

How do they trade with the same ticks?

Silo Pharma trades in the US market under the Ticker symbol – SILO, and Silo Wellness – under the symbol SILFF. However, the Canadian OTC does not recognize the United States OTC, and Silo Wellness trades in the Canadian market as SILO.

Both companies focus on the power of psychotherapy, but this is where their similarities end. Here’s what you need to know.

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Clinic or retreat?

Silo Pharma is a legitimate pharmaceutical company that seeks to market a wide range of therapies for life-threatening, rare and debilitating conditions. To do this, the company follows the same path as all legitimate pharmaceutical companies.

  1. research and development. It all starts with research: development, where Silo Pharma is working on developing new therapeutic candidates.
  2. Preclinical studies. Pre-clinical studies have been conducted since the development phase of the study to determine the likelihood that a therapeutic candidate will have a positive effect on people if given as a treatment.
  3. Clinical studies. At the end of the pre-clinical trial, Silo Pharma is transferred to a clinic where its therapies are tested on humans, and the data are carefully reviewed to evaluate efficacy, safety and tolerability.
  4. Regulatory approval. Eventually, after all clinical trials are completed, the company will submit the data to the US Food and Drug Administration and other regulators for approval to sell their treatment to the public as a specific disease treatment.

Silo Wellness is not concerned with the pharmaceutical approach. Instead, the company embraces what I like to call a retreat approach. To do this, Silo Wellness performs the following steps:

  1. Find legal areas. Chemicals found in psychotropic fungi are considered drugs in the United States and around the world. However, in some areas there are no laws that prohibit the use of these drugs. Silo Wellness begins with finding these areas.
  2. Retreat adjustment. Next, Silo Wellness is developing a leap where consumers will be able to legally participate in the company’s products.
  3. Retreat marketing. Once a retreat is created, the company begins the marketing process by informing consumers of the possibility of retreat և feeling the effects of mushrooms, marketing them as a holiday for the mind, body and soul.

As you can see, these companies take many different steps when it comes to using psychotropic drugs as a treatment option. While Silo Pharma adopts a pharmaceutical approach that examines results, Silo Wellness takes a retrospective approach that focuses on finding legalized areas, providing psychotropic drugs, bypassing clinical trials required in the United States, and research. regions:

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The products of the two companies are also very different. Here is how.

Silo Pharma does not have any products for sale yet, as it takes a regulated approach to creating real therapies through science. However, its pipeline is quite impressive. The company is developing treatment options for a wide range of diseases, as well as new delivery methods to increase the effectiveness, safety and tolerability of other therapeutic options. Not to mention that the company’s pipeline is protected by many IP points. Here is a link to the Silo Pharma pipeline.

Silo Wellnesses products are a little different. The company focuses on infusions that contain small doses of psychotropic compounds. These infusions are then labeled with hip names like Marley One, sold as a way to get to know yourself, your mind, your body, your soul.

While these compounds are given to consumers in other areas where the compounds are legal, Silo Wellness states on its website that “no treatment or psychiatry is offered or available for their retreats.”

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Bottom line:

If you are interested in investing in a company that takes a scientific approach to the use of small doses of psychiatric compounds as a therapeutic option, actively participates in clinical trials, treats conditions such as Parkinson’s disease, rheumatoid arthritis, other diseases long list, Silo Pharma is the investment you are looking for.

If you are looking to invest in a company focused on creating exciting products with psychoactive compounds to provide that product to consumers in regions where regulatory controls are not as strong as in the United States, Silo Wellness is your stake.

CNA Finance is not an investment advisor or brokerage dealer. This article is the result of a financial relationship between CNA Finance and Silo Pharma. Trading in dram shares carries a significant risk that can lead to a loss of capital.