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Psychedelic mushrooms to promote health and wellness
Psyched Wellness creates organic, natural and lab-tested mushroom products to promote the health and wellness of millions of people worldwide. Moreover, the Canadian health supplements company is dedicated to protect, restore and regain a healthier body and mind through the production and distribution of artisanal, medicinal mushrooms.
Psyched Wellness was created with the purpose of benefitting the health of people, plants and the planet. Furthermore, its business model is built on an ethos of regenerating our environment and society. Inspired by sustainability, its products are also organically farmed and Fair Trade.
The Amanita Muscaria mushroom
"Amanita Muscaria is a very exciting opportunity for us because it has a long history of use, whether it be through the Siberian shamans or various indigenous groups," says CEO and Director, Jeff Stevens.
The Amanita Muscaria mushroom is probably the most famous mushroom in the world. For five thousand years, healers have turned to Amanita Muscaria to heal the mind and protect the body.
"We tasked our team with finding a legal psychedelic plant or fungi that we could work with. And we stumbled across Amanita Muscaria," says Stevens.
Psyched Wellness has spent hours and hours researching the biochemical compound of this extraordinary mushroom. And for the first time in modern history, has successfully distilled its restorative and healing elements. Simultaneously, they've eliminated the mushroom’s psychoactive components. Their lab-tested, organic and natural Amanita Muscara products are able to reduce stress and anxiety, ease physical distress as well as promote restorative sleep.
Additionally, Psyched Wellness is the only public company doing the foundational science on Amanita Muscaria.
The company expects to complete its preclinical trials by the end of 2021. At that time, the company will make its application to the FDA for a New Dietary Ingredient and Health Canada for that Natural Health Product number. "We should be in a position to start marketing products within the first half of 2022 and generate revenues to support the company's R&D program," says Stevens.
For more information on Psyched Wellness Ltd. (CSE: PSYC, OTCQB: PSYCF) please click the request investor info button.
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