Describe corporate governance and social responsibility for company Numinus Wellness Inc and the psychedelic industry. Describe the External influence cyclicality, shifts in demand for Numinus...

Running Head: NUMINUS WELLNESS        1
NUMINUS WELLNESS         2
CORPORATE GOVERNANCE AND SOCIAL RESPONSIBILITY
NUMIN WELLNESS INC
Table of Contents
Corporate Governance and Social Responsibility for Numinus Inc    3
Corporate Governance and Social Responsibility for Psychedelic Industry    3
External Influence Cyclicality    3
Shifts in Demand    4
Porter's Five Forces: Threat of New Entrants    4
References    6
Corporate Governance and Social Responsibility for Numinus Inc
    The overall scenario of Numinus Inc in terms of their corporate governance is dependent on their ability to adhere to the corporate rules and government rules. The development of these rules is managed and enforced by the administrative staff of Numinus Inc. On the other hand, Social responsibility is driven through their donation schemes. The company has been found to invest a substantial amount of revenue on helping the people free of cost in consultation at specific times.
Corporate Governance and Social Responsibility for Psychedelic Industry
    The psychedelic industry has been booming in recent years. Because of this, the overall placing of stocks by the company has been very high. These stocks have been ethically placed to ensure a sustainable hold of the stock market (Rucker, Iliff & Nutt, 2018). On the other hand, social responsibility depends on the availability of charitable services and the sustainable activities managed and implemented by the Psychedelic Industry.
External Influence Cyclicality
    The external factors influencing the activities of Numinus Wellness Inc include the outlook of the customers, investment patterns, and the dynamic nature of the market. However, an analysis of the...