Melodiol Global Health is to focus on growing Health House International after signing a letter of intent to sell Sierra Sage Herbs (SSH) and psychedelic division Halucenex Life Sciences to health and wellness firm, Panacea.

The Colorado-based company will pay an initial US$5 million (A$7.5m) in cash and scrip, rising to US$20m (A$30m) in earn out clauses.

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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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