• Psyched Wellness (PSYC) has received Health Canada approval to have the Amanita Muscaria mushroom added to the Natural Health Products Ingredients Database (NHPID)
  • This approval moves the company closer to bringing its Amanita-based CPG products to market o promote stress relief, relaxation and assist with restful sleeping
  • Jeff Stevens, CEO of Psyched Wellness sat down with Caroline Egan to elaborate on this achievement
  • Psyched Wellness Ltd. is a Canadian-based health supplements company dedicated to the distribution of mushroom-derived products and associated consumer packaged goods
  • Psyched Wellness Ltd (PSYC) is up 2.94 per cent, trading at C$0.175 per share at 1:45 pm ET

Psyched Wellness (PSYC) announced that the Amanita Muscaria mushroom has been added to the Natural Health Products Ingredients Database (NHPID) of Canada.

Jeff Stevens, CEO of Psyched Wellness sat down with Caroline Egan to elaborate on this achievement.

“The addition of Amanita Muscaria to the NHPID is a significant achievement and is the result of extensive research that Psyched has undertaken to demonstrate its natural medicinal properties. This milestone moves us closer to being able to bring our Amanita-based CPG products to market which we are developing to promote stress relief, relaxation and assist with restful sleeping through the natural calming powers of AME-1.”

Psyched Wellness Ltd. is a Canadian-based health supplements company dedicated to the distribution of mushroom-derived products and associated consumer packaged goods.

Psyched Wellness Ltd (PSYC) is up 2.94 per cent, trading at C$0.175 per share at 1:45 pm ET.

More From The Market Online
Market graph

@ the Bell: Markets hover near all-time highs

A surge in commodity prices helped lift markets trading in Canada’s busiest centre on Friday to nearly reach a new all-time high.
The Market Online Video

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle

Graham Downs and Adam Coulter of Cascadia Minerals (TSXV:CAM) discuss promising projects in the Yukon Territory and British Columbia.

@ the Bell: Dow Jones reaches 40,000 milestone

The Dow Jones Industrial Average reached a key milestone – the 40,000 mark, which it had never reached. Canada’s main stock index also rose.
The Market Online Video

High-quality lithium projects in Argentina with drilling underway

Argentina Lithium & Energy (TSXV:LIT) is focused on acquiring high-quality lithium projects and advancing them towards production.