Psyched Wellness Is Pleased To Announce That Calm Has Shipped to National Sales and Distribution Partner TruLife Distribution
Toronto, Ontario--(Newsfile Corp. – March 21th 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 successfully delivered their first shipment of Calm to TruLife Distribution. 2722 units of Calm have been delivered and will be utilized for pipeline fills within health and wellness retailers, chain accounts, and 3rd party eComm fulfillment. TruLife already works with many of the nation’s largest retail banners and Calm can be sold in almost all sales channels.
Jeff Stevens, Psyched Wellness Chief Executive Officer, commented, “Calm is now rolling off the production lines, into distribution houses, and landing at retail locations. Our sales and distribution partners are best in class and we are excited to share the retailer wins over the coming weeks and months! As our partnerships expand, Psyched Wellness takes a big step towards the continuous generation of revenue via our external advocates. Huge thanks to our internal team and the stellar talent at TruLife distribution.”
Psyched Wellness will maintain focus on their brick-and-mortar expansion. The company’s incredible and widening product assortment, coupled with their uncapped retail universe, should allow for rapid horizontal outlet expansion.
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 sales@psyched-wellness.com.
The Company also announces that it has granted 500,000 Stock Options to certain employees in accordance with the terms of the Stock Option Plan. The Stock Options granted will vest immediately. The Common Shares underlying the Stock Options are subject to a four month hold period in accordance with the policies of the Canadian Securities Exchange (the “CSE”).
Visithttps://shop.psyched-wellness.com/ for more information about ordering the product directly.