Panacea Plant Sciences has set corporate governance and made promises to work with groups through the principles of the Nagoya Protocol. This is to protect the biodiversity of the world, as been done by indigenous cultures for millennia. As such, indigenous groups are key partners and leaders to bringing psychedelic and natural medicines to the masses while protecting the sacred, and the environment.
32% of the equity of Panacea Plant Sciences ( in perpetuity ) may only be owned by Indigenous Groups and 401c3 organizations related to them or related environmental groups. These preferred shares get 10x dividend rate over common shares so that groups may hold them as a source of revenue for projects they desire. Additionally the shares come with voting rights, giving them a direct say in company actions.
Panacea Plant Sciences is currently working with a variety of indigenous groups and those that support them. Currently, we are beginning work and talks with indigenous groups such as Sia, and many others from around the world. We look forward to sharing more on that soon.
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