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) and Filament Health Corp. (OTCQB:FLHLF), together with Will Peterfly's One Small Planet LLC, have created a U.S.-based joint venture focused on novel, plant-based prescription medicines.

The new business, dubbed Magdalena 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...