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Optimi Health (CSE:OPTI) announces Canadian retail & e-commerce agreements for functional mushroom supplements

Psychedelics
CSE:OPTI
25 August 2022 10:00 (EDT)

Source: Optimi Health

Optimi Health (OPTI) has finalized three new Canadian retail and e-commerce distribution agreements for its Optimi Life nutraceutical mushroom products.

After its online launch of its mushroom supplements online in February, the company made agreements with Well.ca, Vitasave, and Healthy Planet to sell its line of functional mushroom supplements.

Well.ca is a natural foods e-commerce platform, while Vitasave has two retail outlets and an e-commerce platform, and Healthy Planet has a web-based selling platform as well as more than 30 retail locations across Ontario.

Optimi CEO, Bill Ciprick, said the agreements strengthen the company’s business-to-business distribution network and positions the Optimi Life brand for expansion into international markets.

“With the global functional mushroom market estimated to grow 9.5 per cent annually over the next six years, we’ll be actively positioning the Optimi Life brand throughout Canada as well as in international markets.”

Optimi Health (OPTI) is a Canadian-based company licensed by Health Canada to produce and supply natural, EU-GMP grade psilocybin and synthetic psychedelic substances, as well as functional mushrooms that focus on the health and wellness markets

Optimi Health (OPTI) is down 3.80 per cent trading at C$0.38 as of 10:00 am ET.


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