Second week of 2023, and business is up and running. Let's take a look at the announcements shared by some of the companies in the psychedelics space.

Jaguar Health and Filament Health Form JV

Jaguar Health Inc.(NASDAQ:JAGX) andFilament Health Corp.(OTCQB:FLHLF), together withWill Peterfly'sOne Small Planet LLC, have created a U.S.-based joint venture focused on novel, plant-based prescription medicines.

The new business, dubbedMagdalena Biosciences Inc., is currently valued at $5 million and will receive tranch funding of $1 million by One Small Planet, to be paid in quarterly quotas throughout 2023 if...