- Business
- Silo Wellness Inc. (CSE: SILO) operates as a psychedelics and wellness company focused on mental health treatments through psilocybin-based therapies and retreats; it offers guided psilocybin healing retreats in Jamaica featuring precise dosing, professional support, integration services, beachside accommodations, ital-focused meals, and two ceremonial sessions; develops psilocybin nasal spray for controlled micro-dosing and psilocybin-free functional mushroom tinctures; and provides psychedelic wellness experiences including cultivation in Jamaica and planned service centers in Oregon. The company targets individuals seeking trauma reduction, personal growth, and mental health improvement, with operations in Jamaica, Oregon, and Canada. Founded in 2018 by Oregon trial lawyer Mike Arnold and headquartered in Toronto, Ontario at 200 Consumers Road Suite 702, Silo Wellness maintains intellectual property rights in psychedelic formulations and previously pursued retail outlets for functional mushrooms. In a major strategic shift announced in 2025, the company proposes to change its name to Born Defense Inc. and pivot its business to defense innovation and national security investments aligned with Just War Doctrine principles, including cybersecurity, autonomous systems, and advanced manufacturing; it submitted a CSE listing statement on September 26, 2025, to support relisting under the new focus while settling CAD $4.4 million in debt via share issuance. Recent activities include a 2023 strategic partnership and LOI with NUGL Inc. (Kaya Group) for Jamaican psychedelic retreats valued at CAD $43.3 million, though later extended and impacted by market conditions; terminated BitGift asset acquisition in 2023; and prepaid for Oregon psilocybin mushrooms under a right of first refusal. Silo Wellness, formerly Yukoterre Resources Inc., positions for growth amid regulatory challenges in psychedelics by transitioning to high-demand defense sectors with global market potential exceeding $600 billion by 2029.