MAPS Public Benefit Corporation (MAPS PBC) is the ‘benefit above profit’ corporation that is fully owned by MAPS.
MAPS PBC was established in 2014 and is a hybrid between a non-profit and for-profit business. It aims for profit, pays taxes, but aims to serve the public to the fullest.
“MAPS Public Benefit Corporation (MAPS PBC) catalyzes healing and well-being through psychedelic drug development, therapist training programs, and sales of prescription psychedelics prioritizing public benefit above profit. Founded in 2014, MAPS PBC is a wholly-owned subsidiary of the Multidisciplinary Association for Psychedelic Studies (MAPS) a 501(c)(3) nonprofit.”
The MAPS therapy training program, among other things, is a thing that MAPS PBC does.