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 that Calm is continuing to expand within brick and mortar retailers by listing Calm at all Central Market locations.
Central Market is known as a premium gourmet grocery store chain, owned by the H-E-B grocery company. Their Texas locations all maintain a commitment to quality fresh foods and have won many awards for excellence in their field. Their parent company, H-E-B, is one of the most influential supermarket chains in the United States (with more than 380 stores nationwide). This deal builds on Psyched’s recent retailer wins, continuing to partner with strategic organizations known for quality within the health and wellness verticals.
“Psyched Wellness is thrilled to announce this win at one of the country’s top grocery companies. Central Market is a phenomenal retail banner that provides Calm an environment to thrive and demonstrate the potential for further scale. We are already servicing most of the nation via our direct-to-consumer eComm strategy. Now we look to partner with strategic retailers, continuing to build awareness of and trust in, our brand. Again, we want to thank our partners at Spacestation CPG for the continued focus and support.”
-Matthew Singh, Psyched Wellness Chief Commercial Officer
Psyched Wellness is the first publicly traded company in North America to invest the time and resources necessary to obtain a GRAS approval for legal sale of an ingestible Amanita Muscaria extract, which they have dubbed AME-1. The company recently announced an impactful funding deal from Gotham Green Partners. This empowers Psyched Wellness to build on their growth plans, unlocking the potential for multiple wins and scale throughout the nation.
About Psyched Wellness Ltd.
Psyched Wellness Ltd. is a Canadian-based health supplements company dedicated to the distribution of mushroom-derived products and associated consumer packaged goods. The Company’s objective is to create premium mushroom-derived products that have the potential to become a leading North American brand in the emerging functional food category. The Company is in the process of developing a line of Amanita muscaria-derived water-based extracts, teas and capsules designed to help with three health objectives: promote stress relief, relaxation and assist with restful sleeping.