Psyched Wellness Included in First Psychedelic Exchange Traded Fund
January 26th, 2021
Psyched Wellness Ltd. (CSE: PSYC) (OTCQB: PSYCF) (FSE: 5U9) (“Psyched“) a life sciences company focused on the production and distribution of artisanal functional and psychedelic mushrooms, is one of the 17 companies in the United States and Canada that will be included in the first psychedelic exchange-traded fund, which is managed by Horizons ETF Management.
The Horizons Psychedelic Stock Index ETF index is expected to start trading on Tuesday, Jan. 26, 2021, under the ticker PSYK on the NEO Exchange.
“We are pleased to be included in the first psychedelics ETF and to be recognized as one of the leading company in the field of psychedelic health and wellness and pharmaceuticals,” said Jeff Stevens, chief executive officer of Psyched. “We are the only publicly traded company working with a legal psychoactive mushroom and we are advancing novel muscimol-based therapeutics using our proprietary extract, AME-1.”
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Neither the Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accept responsibility for the adequacy or accuracy of this release.
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.
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