Psyched Wellness Announces Share Purchase by Chief Executive Officer, Jeffrey Stevens

Toronto, Ontario, April 19, 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 pleased to announce that CEO, Director, and Co-Founder, Jeffrey Stevens, has purchased 321,000 shares of the Company in the open market at $0.125/share, for total proceeds of $40,125.00.

"I am thrilled to take this opportunity to add to my open-market share purchases from last year," says Jeffrey Stevens, CEO of the Company. "Our stock price has increased in the last quarter alone. In addition to our market growth, we have experienced a number of recent successes that have strengthened our position and are excited to be approved to launch our flagship product, Calm, in the United States of America. Our stock price doesn't reflect this growth yet-but it will. We have been working diligently to position and grow our business, and I believe that we are on track to deliver sustainable, long-term shareholder value."