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Be the first with the news that moves the market- Psyched (PSYC) announced that Calm continues to expand within brick and mortar retailers by listing at all Good Earth Markets locations
- This listing keeps to the company’s progression plan, securing 3rd party eCommerce, independent retail, and now regional chain partners
- Psyched Wellness is a health supplements company focusing on the distribution of mushroom-derived products and associated consumer packaged goods
- Psyched Wellness Ltd (PSYC) is down 6.67 per cent, trading at C$0.07 per share at 10:17 am ET
Psyched (PSYC) announced that Calm continues to expand within brick and mortar retailers by listing at all Good Earth Markets locations.
This listing keeps to the company’s progression plan, securing 3rd party eCommerce, independent retail, and now regional chain partners.
Psyched continues to set the pace, scaling the country’s first legal Amanita Muscaria derived product through traditional retail.
Matthew Singh, Chief Commercial Officer at Psyched Wellness, commented on the news.
“Our sales and distribution partner, Spacestation CPG, has done an incredible job identifying and pitching the right retail partners to strategically phase our product expansion. Good Earth Markets is the perfect environment for Calm to thrive. It offers natural groceries, sports nutrition skus, nutritional supplements, and wellness consultants. We are excited for this big step into regional chain accounts. We look forward to announcing additional listings in the coming months.”
Psyched Wellness is the first publicly traded company in North America to obtain a GRAS approval for legal sale of an ingestible Amanita Muscaria extract.
About Psyched Wellness
Psyched Wellness is a health supplements company focusing on the distribution of mushroom-derived products and associated consumer packaged goods. Its objective is to create premium mushroom-derived products that have the potential to become a leading North American brand in the emerging functional food category.
The company is in the process of developing a line of Amanita muscaria-derived water-based extracts. It includes teas and capsules designed to help promote stress relief, relaxation and assist with restful sleeping.
Psyched Wellness Ltd (PSYC) is down 6.67 per cent, trading at C$0.07 per share at 10:17 am ET.
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