Psyched Wellness Announces Date for Their Pilot Production Run of the First Legal Amanita Muscaria Tincture Product, Calm

Utilizing their proprietary extraction method, Psyched will launch a line of products with AME-1, their Amanita Muscaria extract for sale in the United States

Toronto, Ontario--(Newsfile Corp. - June 29th, 2022) - Psyched Wellness Ltd. (CSE: PSYC) (OTCQB: PSYCF) (FSE: 5U9) (the "Company" or "Psyched"), a life sciences company focused on the production and distribution of health and wellness products derived from the Amanita Muscaria mushroom, is excited to announce the initial pilot production run of their first-to-market AME-1 product, Calm is scheduled for July 7th. Calm is presented as an extract which harnesses the mushroom’s ability to de-stress and facilitate restful sleep.

The inaugural production of Calm signals the company is on track to transition from an R&D organization to a full-scale commercial consumer packaged goods (CPG) entity, generating revenue. All Amanita Muscaria products produced by Psyched Wellness will be available over-the-counter and without a prescription. This means the retail landscape is uncapped, maximizing distribution and listing potential. Calm will be the first legal Amanita Muscaria mushroom product sold in North America.

Chief Commercial Officer, Matthew Singh, commented: "The final formulation for Calm underwent many calibrations over the last few months. We feel an inherent responsibility to bring the absolute best product to market. Each calibration that improved our offering motivated the R&D, Operations, and Production teams to continue reformulating and optimizing until Calm reached its current form. It was important for our team to stay focused and not rush what is arguably the most integral part of product development. Our entire company is excited to share this version of Calm with the world (starting with a release in the United States).”

Assuming a successful pilot production, this will be a “first-ever” on multiple fronts. The team at Psyched plans on producing a craft number of units that will be used to test all flavor profiles and share them with opinion leaders. Updates on the pilot run can be expected 24 to 48 hours after production.