Psyched Wellness Ltd. Shares Corporate Update Amid Growth and Innovation

Psyched Wellness Ltd. Shares Corporate Update Amid Growth and Innovation

Toronto, Ontario–(Newsfile Corp. – March 14, 2025) – Psyched Wellness Ltd. (CSE: PSYC) (OTCQB: PSYCF) (FSE: 5U9) has provided a corporate update to its shareholders, declaring its commitment to producing health and wellness products derived from the Amanita Muscaria mushroom.

Recent Developments

In August 2020, KGK Science, a licensed CRO in Canada, completed a GAP analysis and Path to Market for the company’s flagship health supplement product. Recently, Psyched engaged various industry and regulatory experts to review all scientific data available since the initial GAP analysis. As part of this effort, the company announced plans to conduct a Genotoxicity Study on its proprietary Amanita Muscaria Extract (AME-1).

CEO Jeff Stevens commented, ‘As pioneers bringing Amanita-derived products to market, Psyched Wellness is committed to ensuring that our proprietary extract, AME-1, is the safest extract available to consumers. Our team prides itself on completing the necessary scientific studies to safely bring dietary supplements to market.’

Psyched Wellness has successfully completed a production run for AME-1 and Calm, expecting to fulfill online and retail orders while supporting sufficient supply for a new dietary supplement being developed by Zerkalo LLC, the company’s consultants. The firm is working towards securing a long-term manufacturing agreement, with further updates to be provided as necessary.

Strategic Partnerships

Zerkalo is making significant progress in developing new dietary supplement products using AME-1, with updates on branding and products to be shared at the appropriate time.

Upcoming Annual General and Special Meeting (AGSM)

The next AGSM has been scheduled for May 15, 2025. Meeting materials will be available on the company’s profile on SEDAR+.

Psyched Wellness is expanding its route-to-market partnerships nationwide. Interested distributors should reach out via email for opportunities.

For more information, visit the official announcement.