Melodiol Global Health may be forced to offload core assets in a bid to raise capital as the company suspended the operations of three other business units it has been attempting to sell.

The company said it has “temporarily paused” the activities of wellness brand Sierra Sage Herbs, psychedelics division Halucenex and CBD sports business impACTIVE after terminating discussions with potential buyer Panacea Life Sciences.

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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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