Psyched Wellness Announces Sales and Distribution Agreement with TruLife Distribution
Toronto, Ontario--(Newsfile Corp. - February 28th 2023) - 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 they have signed a sales and distribution agreement with TruLife Distribution. TruLife has national coverage and will sell/distribute Psyched’s proprietary Amanita Muscaria Extract (AME-1) product, Calm. They will accelerate Calm + all successive Psyched Wellness brands across multiple sales verticals. Most notably, the TruLife team will focus on facilitating listings and scale through 3rd party eComm marketplaces (such as amazon.com and walmart.com) and retail chains (where they already work with banners like Whole Foods, Sprouts, Publix, CVS, Vitamin Shoppe, and many more).
Matthew Singh, Psyched Wellness Chief Commercial Officer, commented, “This is another big step for Psyched Wellness and all our affiliates. Calm has proved itself from a product efficacy standpoint; now our focus shifts to increasing visibility and listings. TruLife has an incredible track record in our targeted sales and distribution verticals. Working with Brian Gould and his team will allow us to accelerate our listing conversations and provide the ability to immediately fulfill at a commercial scale. We are excited to add their team to our already stellar, and growing, list of partners.”
TruLife Distribution is a multi-disciplinary brand and distribution house. With longstanding industry relations in the United States, they are capable of full-stack corporate support. The agreement with Psyched Wellness covers the warehousing, sale, and distribution of Calm (and successive skus), while also supporting digital scale and annual planning.
CEO of TruLife, Brian Gould, stated: “On behalf of the entire TruLife Distribution team, we are truly psyched to make Psyched Wellness a household name in the United States Market.”
Both companies now look to the future, bringing the most innovative product in the sleep aid category to retailers and consumers alike. TruLife’s expertise and relevant industry relations, tied with Psyched’s incredible and widening product assortment, make this a partnership with incredible potential.
In addition to the agreement with TruLife, Psyched Wellness will be growing their route-to-market partnerships, throughout the nation. If you are interested in distributing/listing Calm please reach out to email@example.com.
Visit https://shop.psyched-wellness.com/ for more information about ordering the product directly.