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Optimi Health (CSE:OPTI) expands functional mushroom sales network

Market News, Psychedelics
CSE:OPTI
17 January 2023 11:45 (EDT)

Source: Optimi Health Corp.

Optimi Health (OPTI) is expanding its sales network in Canada.

The company has selected M2 Brand Management, a firm focused on growing the retail presence of natural and organic wellness and personal care products, as its exclusive retail broker throughout Canada. This is expected to grow the operational scope of the company’s business and dramatically increasing the number of locations carrying Optimi products over the coming months and years.

Optimi Health has signed an agreement to distribute its Optimi Life line of functional mushroom formulations with Purity Life Health Products, the largest distributor of natural, healthy living products across both natural and conventional retailers in Canada.

The company is expanding its online footprint by adding a store at Amazon.ca. Optimi has partnered with OeP, a Seattle-based consulting service devoted to Amazon optimization.

Optimi Life formulations will also be available at six Holt Renfrew retail locations across Canada, as well as listed in Holt Renfrew’s online store, by February 2023.

The company’s CEO, Bill Ciprick, commented that the continued success and expansion of the Optimi Life line of functional mushroom products forms a core component of Optimi’s revenue strategy this year and into the near future.

“We look forward to working with the team at M2, along with all of our logistical and retail partners, to continue to supply high quality functional mushroom supplements that optimize health while enhancing body and mind performance to customers in Canada and beyond.”

Optimi Health Corp. is a Canadian 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 Corp. (OPTI) is down 4.17 per cent, trading at C$0.23 per share at 11:55 am ET.


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