In late Q4 of last year, Management agreed to pause any ongoing development with Bonfire following a market test of the platform that ran for the previous six months, citing apprehension with the platform’s scalability potential and coinciding with the resignation of
Bonfire was launched by the Company and its partners in the project,
Management contends that the pause provided
Bonfire’s course plans to take individuals on a 30-day journey to uncover the potential of psychedelic integration and gain insight into working with these powerful substances in a safe, responsible, and purposeful manner.
Current plans are to utilize this initial 30-day course as the basis for additional courses that will be developed and ultimately become the centerpiece of the Bonfire community.
“The redevelopment and relaunch of Bonfire is certainly something that is a long time coming for us,” said
Despite the volatility that has been present in the biotech side of the psychedelics space over the past several months, we continue to see a steady increase throughout a strong contingency of society in psychedelics, and more specifically in psychedelic integration and other alternative healing modalities and which we believe is evidenced in the ongoing growth of our Psychedelic Spotlight platform (see press release from
Our goal here with Bonfire’s relaunch is to truly leverage the authority we’ve meticulously developed through Psychedelic Spotlight and utilize it strategically to position Bonfire as the largest and most prominently integrated community platform for the entire psychedelic space.
Much of the emphasis during this redevelopment stage focused on three primary factors: Quality and value, safety and responsibility, and revenue scalability potential. We are quite confident now that the tangible and intangible gains made during our market pause and pivot provide
We also had an overwhelming response to our initial offering, “Psychedelics for Beginners” Free Online Course, with over 450 registrants within the first two weeks of announcement, which we believe further demonstrates the tangible consumer base
Macro trends already indicate scores of individuals actively seeking and in need of alternative healing modalities outside the tired pharma model. Bonfire has a unique opportunity to become a highly attractive gateway to tried and true self-help and healing, such as psychedelic integration.
We’ve gained significant confidence in our ability to position Bonfire’s product market fit in every avenue of the psychedelic and wellness sectors that can drive and deliver value to consumers as well as
For anyone interested in joining Bonfire’s “Psychedelics for Beginners” Free Online Course, please visit the
About
Management’s assessment is that through the diversified collection of multimedia platforms the Company owns and operates, and most specifically through the news, information, and engaging content they each produce and publish respectively,
About
SMC currently owns and operates Psychedelic Spotlight which, according to the Company, has emerged as a recognized industry-leading multimedia platform dedicated to covering the growing movement across society involving psychedelic-assisted healing. Additionally, SMC also operates Bonfire, a community-focused, consumer-facing platform being developed to effectively meet the demands linked to the expanding interest and curiosity across society related to the healing and therapeutic wonders of psychedelics and other plant based and holistic modalities.
SMC’s service-focused media platforms include Technical 420, On the Bids, and Mushroom Stocks which each serve publicly traded companies operating in the sectors of cannabis, mining and precious metals, and medicinal psychedelics and have become valuable informational resources for individuals following each of these respective market sectors.
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Corporate Contact:
www.psyccorporation.com
www.spotlightmediacorp.com
(702) 239-1919
info@psyccorporation.com
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