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Are functional mushrooms superior to psychedelic mushrooms?

Jake Plummer Is Sold on Functional Mushrooms

“We believe that functional mushrooms have as much, if not more, potential to help humanity than psilocybin, and that’s coming from me, who is dedicating my life to advancing psilocybin mushrooms and psychedelics as a whole,” says Del Jolly, co-founder of the psychedelic research non-profit Unlimited Sciences.

That’s why he recently co-founded a functional mushroom company called Umbo alongside pro athletes Jake Plummer and Rashad Evans.

Plummer, former Denver Broncos quarterback, says he’s found a lot of healing through mushrooms, using them to counteract the harm that football injuries can have on the brain. He’s also noticed that his allergies symptoms and quality of sleep have improved since introducing functional mushrooms to his diet.

You can explore Umbo’s functional mushroom snack bars and capsules here or become an early investor in the company here.

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Psyence Group Corporate Update

Psyence Group Corporate Update

Highlights:

  • Partnership with CRO Clerkenwell Health to design and deliver Psyence’s UK clinical trial progressing; exclusive licensing agreement with Filament Health
  • Clive Ward-Able has been appointed as Medical Director, Head of Research & Development and Early Commercialization for Psyence
  • ISO22000 certified commercial psilocybin production facility and lab upgraded
  • Received an import permit from Health Canada on behalf of Psilo Scientific
  • GOODMINDTM, functional mushroom product, launched online and in-store, sale through 300 stores of one of Africa’s largest coffee retail chains
  • CAD 1.273 million private placement received and being closed
  • Exploring capital market initiatives in UK, hires Investment Bank

TORONTO, ON/ June 02, 2022 / Psyence Group Inc. (CSE: PSYG | OTCQB: PSYGF) (“Psyence” or the “Company”) is pleased to provide the following corporate update on its three strategic focus areas namely: Psyence Therapeutics, Psyence Production and Psyence Function. The Psyence Group develops and provides innovative, safe, and effective psychedelic and nature-centered solutions for mental health and palliative care.

Psyence Therapeutics

Psyence is designing market-leading clinical trials in the field of palliative care, which will initially be conducted in the United Kingdom.

Psyence has partnered with a leading psychedelic Contract Research Organisation (CRO) Clerkenwell Health, to design and deliver the clinical trial, focused on assessing the safety and efficacy of psilocybin-assisted psychotherapy for the treatment of adjustment disorder due to an incurable cancer diagnosis versus psychotherapy alone.

The UK’s “Guardian Online” reported on May 9, 2022 that Clerkenwell Health “hopes to “make the UK a world leader in psychedelics research and Europe’s first facility for psychedelic drug trials will open in London”. The article noted that “the first trials, planned in collaboration with the Toronto-based biotechnology company Psyence, will focus on the use of psilocybin for the treatment of adjustment disorder – an emotional or behavioural reaction to a stressful event in someone’s life – in people with terminal diagnoses.”

Psyence recently concluded an exclusive licensing agreement with Filament Health Corp, a clinical-stage natural psychedelic drug development company, in April 2022. Filament has previously received authorisation from the FDA and Health Canada to enter into Phase I and Phase II human clinical trials for this drug candidate, PEX010. Under the terms of the agreement, Filament will license its proprietary botanical drug candidate PEX010 (25mg), and the associated intellectual property, to Psyence for use in Psyence’s upcoming clinical trials. The license grants Psyence exclusivity in the UK for the indications of anxiety and depression, and associated ailments, within the context of palliative care.

In addition, Psyence appointed Dr. Clive Ward-Able as Medical Director, Head of Research & Development and Early Commercialization for Psyence in December 2021. Based in Toronto Canada, Dr. Ward-Able has degrees in both Pharmacy and Medicine and over thirty years’ experience in the pharmaceutical industry, within R&D, medical affairs, marketing and sales. The majority of his experience is in the medical aspects of the commercialization of a pharmaceutical product, with expertise and direct involvement in designing and conducting clinical trials.

The Psyence Therapeutics team also contributes to scientific research; Psyence’s Dr. Amza Ali, MD,  (Chief Medical Officer) and Dr. Justin Grant, PhD, MBA, (Chief Scientific Officer) co-authored the peer-reviewed publication “Psychedelics: Alternative and Potential Therapeutic Options for Treating Mood and Anxiety Disorders,” which was published in the journal “Molecules” April 19, 2022.

Psyence Production

Psyence operates one of the first and only federally licensed commercial psilocybin production facilities in the world. Its production facility, located in Southern Africa, is ISO22000 certified and is licensed to cultivate and export psilocybin mushrooms for the legal, global medical market and commercial medical research market.

In March 2022 Psyence received an import permit from Health Canada on behalf of Psilo Scientific and is preparing to send mushrooms to Canada for analysis and extraction. Psyence has also received an import permit from the Portuguese regulators for the Cooperativa de Ensino Superior Politécnico e Universitário (CESPU) in Portugal and will be providing mushrooms for their extraction methodology development. Psyence is in the process of obtaining the necessary permissions to commence with the export process to these partners.

Psyence has recently concluded an upgrade to its production facility. A new structure has expanded the overall controlled workspace and further secures the facility. The structure also serves to protect the current assets including the spore and substrate unit, laboratory and fruiting facility. The covering will help Psyence decrease its energy costs through providing better insulation. It has been designed to enable a more flexible and cost -effective expansion of the facility in the future to match the expected growth in demand for natural psilocybin.

The laboratory has also been expanded as part of this upgrade. This expansion enables Psyence to have the capability and equipment to undertake in-process testing on site, as well as to generate Certificates of Analysis (COAs) and undertake testing of the end product. It also provides the space for Psyence to undertake crude extraction and testing at the facility. Our extraction partners will then process the crude extract into an active pharmaceutical ingredient (API). There are multiple benefits to on-site extraction including increased product shelf life and reduced transport costs. Psyence mycologist, Neil Van Rij, and his Quality Assurance team are currently receiving training on the new equipment and expect to be fully functional by the end of June 2022.

Psyence Function

Psyence Function is focused on the development, distribution and sales of legal over-the-counter non-psilocybin containing functional mushroom nutraceuticals.

Psyence’s first non-psilocybin containing functional mushroom product, GOODMINDTM was launched online in 2021 through its South African based joint venture, Good Psyence. Good Psyence launched the GOODMINDTM product on the digital platform http://www.foragoodmind.com that was registered and developed by Psyence’s joint venture partner, Goodleaf, solely for the sale of such products. GOODMINDTM is also distributed through the digital platforms of Goodleaf, Takealot (South Africa’s leading online retailer) and Wellness Warehouse online as well as Wellness Warehouse stores. Wellness Warehouse is a leading distributor and retailer of natural and organic products in South Africa. GOODMINDTM’s water-soluble functional mushroom sachets, which blend with coffee and other beverages, are available for sale through 300 stores of one of Africa’s largest coffee retail chains, Vida e Caffè.

Corporate Update

The Company is pleased to announce that the non-brokered private placement as announced on December 2, 2021 has yielded approximately CAD 1.273 million of subscriptions and is in the process of closing.

The Company has identified the UK as an investor market for mental wellness and has engaged Hannam & Partners as Corporate Advisors in the UK to assist in exploring capital market opportunities to access a broader pool of UK and European investors.  Hannam & Partners, our Corporate Advisors, are also working with Psyence to investigate a potential dual listing in the UK. As part of this dual listing exercise the Company conducted a thorough legal exercise.  The Company obtained legal opinions from local counsel registered in each jurisdiction in which the Company currently operates for the purpose of confirming the lawfulness of the Company’s activities currently carried on in each jurisdiction.  Each local legal adviser was required to address their legal opinion to UK legal counsel (having significant experience in proceeds of crime and anti-money laundering offences), for the purpose of confirming that such activities are suitable for investment by UK persons and such investment would be unlikely to amount to an offence in England under the Proceeds of Crime Act 2002 and relevant anti-money laundering legislation.  Based upon the legal opinions obtained, including the opinion of UK legal counsel, the directors of the Company are satisfied that the current activities of the Group do not pose such a risk.

In light of the challenging small cap and global equity markets as a whole, the Company has put into place cash preservation strategies to reduce operational expenditure across the business, including executive remuneration reductions and accruals.

 “Psyence’s progress continues to strengthen our company’s focused strategy,” says Dr. Neil Maresky, Psyence Chief Executive Officer. “As we execute on our plans as detailed in this corporate update, and continue to focus on operational efficiencies, we believe Psyence will achieve its milestones and in doing so deliver shareholder value.”

ABOUT PSYENCE GROUP: www.psyence.com

Psyence is a life science biotechnology company listed on the Canadian Securities Exchange (CSE: PSYG) and quoted on the OTCQB (OTCQB: PSYGF), with a focus on natural psychedelics. Psyence works with natural psilocybin products for the healing of psychological trauma and its mental health consequences in the context of palliative care. Our name “Psyence” combines the words psychedelic and science to affirm our commitment to producing psychedelic medicines developed through evidence-based research.

Informed by nature and guided by science, we built and operate one of the world’s first federally licensed commercial psilocybin mushroom cultivation and production facilities in Southern Africa. Our team brings international experience in both business and science and includes experts in mycology, neurology, palliative care, and drug development.  We work to develop advanced natural psilocybin products for clinical research and development.

Our key divisions, Psyence Production, Psyence Therapeutics and Psyence Function, anchor an international collaboration, with operations in Canada, the United Kingdom, Southern Africa, and a presence in the United States and Australia.

Contact Information

Katherine Murphy, Investor Relations
Email: ir@psyence.com
Media Inquiries: media@psyence.com
General Information: info@psyence.com

FORWARD LOOKING STATEMENTS:

Certain statements in this news release related to Psyence Group Inc and its subsidiaries (collectively the “Company“) are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include statements regarding the approval of clinical trial applications by the relevant regulatory authorities, the receipt of all regulatory approvals for the Company’s import and export activities, the appetite for investment into the psychedelic and mental wellness sector by UK and European investors, the fulfilment of the conditions required to achieve Company milestones, the effectiveness of the Company’s operational efficiency measures and the resultant creation of shareholder value. These forward-looking statements are based on a number of assumptions, including the assumptions that the Company’s applications will be successful, the Company’s research and development efforts will yield favourable results sufficient for product commercialisation and that there will be demand in the market for the Company’s current product offering internationally. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information. These risks and uncertainties include demand for the Company’s securities being less than anticipated, fluctuations in the price the Company’s common shares, and the Company not raising the amount expected, or any funds at all. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.

The Company makes no medical, treatment or health benefit claims about the Company’s proposed products. The U.S. Food and Drug Administration, Health Canada or other similar regulatory authorities have not evaluated claims regarding psilocybin, psilocybin analogues, or other psychedelic compounds or nutraceutical products. The efficacy of such products has not been confirmed by approved research. There is no assurance that the use of psilocybin, psilocybin analogues, or other psychedelic compounds or nutraceuticals can diagnose, treat, cure or prevent any disease or condition. Vigorous scientific research and clinical trials are needed. The Company has not conducted clinical trials for the use of its proposed products. Any references to quality, consistency, efficacy, and safety of potential products do not imply that the Company verified such in clinical trials or that the Company will complete such trials. If the Company cannot obtain the approvals or research necessary to commercialize its business, it may have a material adverse effect on the Company’s performance and operations.

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Mircrodosing at work

Why this startup is encouraging employees to microdose psychedelics at work

Shane Health, CEO of the functional mushroom company MUD\WTR, made an open statement allowing employees to microdose at work.

He estimates that about 20% of employees microdose on the job, including himself and senior designer Ryan Rosenthal.

“It’s really good as a designer because we’re really trying to think about the psychology of who’s visiting our platform, and so you can really tap into that and become more empathetic,” Rosenthal explains.

Pro tip: if you accidentally take a bit too much, “it’s nothing that a quick walk and a coconut water can’t fix.” 

MUD\WTR had no current job openings in case you were about to check 😉

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Doseology Accelerates Rollout of Medicinal Mushroom Products with National Distribution

Doseology Accelerates Rollout of Medicinal Mushroom Products with National Distribution

Vernon, British Columbia, April 22, 2022 – Doseology Sciences Inc. (CSE: MOOD) (FSE: VU7) (“Doseology” or the “Company”), a life sciences company focused on mental health and wellness, is excited to announce it has signed a Distribution Agreement with Peak Performance Products Inc. (“Peak”) for the distribution of the Company’s medicinal mushroom products across Canada.

About Peak Performance Products Inc.
Peak is a leading distributor of innovative and effective products that optimize health and wellness. Peak has a national sales team that solicits distribution to retailers across Canada. With a focus on sports, health, mass retail, e-tail, convenience, grocery, pharmacy, and specialty channels, Peak services over 3,500 locations.

Corporate Update

Doseology is also pleased to provide a corporate update and recap of its achievements following the appointment of Ralph Olson as Chief Executive Officer.

Doseology to be showcased at CHFA West Vancouver Tradeshow
The Canadian Health Food Association is Canada’s largest trade association dedicated to natural health and organic products. CHFA’s mission is to get more healthy living products into the hands of more Canadians, and their events reflect all the great products that Canadians are looking for. From April 23-24, 2022, Doseology is excited to have its line on display at Booth 1547 in conjunction with its national sales partner, Connect Brand Management. The tradeshow will provide access to leading retailers and distribution partners from across Canada and internationally, who will have the opportunity to learn about the benefits of the Company’s medicinal mushroom line.

Doseology Launches on Well.ca
Well.ca is a Canadian e-commerce retailer based in Guelph, Ontario, that specializes in health, beauty, baby, home, and green and natural products. The company was named Best Mid-Size E-Commerce Retailer in 2013 by the Retail Council of Canada. The Doseology Canadian product line now available on Well.ca includes five medicinal mushroom products for cognitive health benefits. Each product is formulated and positioned to compete in both the medicinal mushroom and nootropics markets, and each addresses different market needs, including mood, energy, recovery, sleep and focus.

Recap News

+ Doseology Announces Management Change

Press Release

Ralph Olson was appointed interim Chief Executive Officer of the Company. Mr. Olson is a capital markets veteran with 35 years of experience and has helped raise significant capital for both public and private companies in Canada, the United States and Europe. Mr. Olson’s extensive financial expertise and experience in mergers and acquisitions will help drive the business forward while navigating this exciting and emerging global sector. With aims to build a strong balance sheet and share price under his leadership, the Company will continue to grow and position its brand as a respected player in the functional fungi and plant-derived drugs sectors.

+ Doseology Initiates Canadian Retail Sales Strategy Coast to Coast Signing with Connect Brand Management

Press Release

Doseology is excited to announce it has signed a Brand and Product Representation Agreement with Connect Brand Management, a national CPG firm specializing in sales and marketing for leading natural food and nutraceutical brands, to accelerate the Company’s revenue and product rollout in Canada.

+ Doseology Announces Frankfurt Stock Exchange Quotation

Press Release

The Company announced its common shares commenced listing on the Frankfurt Stock Exchange on March 17, 2022, under the trading symbol VU7. The listing of Doseology shares on the Frankfurt Stock Exchange represents the first step in the Company’s capital markets strategy to improve access and awareness of the Company’s shares to global investors.

About Doseology Sciences
Doseology Sciences Inc. (CSE: MOOD) is building a progressive brand focused on mental health and wellness through cultivation, extraction and innovative nutraceutical and pharmaceutical products. Doseology aims to make a meaningful impact on the mental health pandemic by utilizing and developing psychedelic and non-psychedelic compounds within the functional fungi and plant-derived drugs markets. With a vertically integrated approach, Doseology intends to process and distribute products at its facilities in Vernon, British Columbia, in accordance with applicable laws to ensure safe and high-quality production. Doseology’s medicinal mushroom products, including tinctures, powders and supplements, are available on doseology.com

For further information contact:
Investor Relations: investor@doseology.com
General Inquiries: hello@doseology.com
Telephone: 236-349-0064
Website: doseology.com

Forward-Looking Statements
This press release contains statements that constitute “forward‐looking information” within the meaning of applicable securities laws. Forward‐looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “expect” or similar expressions. Readers are cautioned that forward‐looking information is not based on historical facts but instead reflects the Company’s management’s expectations, estimates or projections concerning the business of the Company’s future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance, or achievements. Among the key factors that could cause actual results to differ materially from those projected in the forward‐looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; decreases in the prevailing prices for products in the markets that the Company operates in; adverse changes in applicable laws or adverse changes in the application or enforcement of current laws; regulations and enforcement priorities of governmental authorities; compliance with government regulation and related costs; and other risks described in the Company’s prospectus. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward‐looking information except as otherwise required by applicable law.

No securities regulatory authority has either approved or disapproved of the contents of this press release. The Company’s securities have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration, or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

The CSE does not accept responsibility for the adequacy or accuracy of this release.

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HAVN Life Launches the Brain Evolve Series

HAVN Life Launches the Brain Evolve Series

The four formulations, helping to reduce inflammation, promote restorative sleep and support cognitive function are now available on yourhavnlife.com

Vancouver, BC – Havn Life Sciences Inc. (CSE: HAVN) (OTC: HAVLF) (FSE: 5NP) (the “Company” or “HAVN Life”), a biotechnology company developing natural health products and innovative therapies to support brain health and cognitive function, is pleased to announce the launch of its second line of natural health products—the Brain Evolve Series. The four new SKUs— Brain Evolve AM, Brain Evolve PM Flavoured, Brain Evolve PM Unflavoured and Brain Evolve Anti-Aging—are now available for purchase on yourHAVNlife.com, shipping across Canada and the U.S. The full line will also be available on Amazon and at GNC locations across Canada in late spring.

HAVN Life’s Brain Evolve Series includes a range of natural ingredients that are known to support trauma recovery and counteract the effects of brain degeneration. Each formulation is designed to support inflammation reduction and restorative sleep, and promote increased energy and memory.

Created and patented by HAVN Life’s Director of Education, Matthew Bennett, the Brain Evolve Series formulations were designed to address symptoms of concussion and traumatic brain injury, as well as support cognitive health. As an athletic therapist with expertise in concussion management, Mr. Bennett understood that the symptoms of concussion and trauma—poor sleep, fatigue and lack of clarity—are caused primarily by inflammation. With his goal to reduce inflammation in the brain and body for his clients, Bennett was able to find success in addressing symptoms of concussion and traumatic brain injury, inspiring his journey into the nutraceutical industry.

Throughout his career as an athletic therapist, Matthew Bennett has helped various sports professionals to recover from trauma and brain injuries and the success of his programs led him to design the Brain Evolve Series – meant for anyone looking to support, recover and protect their cognitive health. The Brain Evolve formulations have been used by performance nutritionists and individual players across the NHL®, NFL®, NBA® and AHL® as part of their player brain health recovery regimens.

The Future of Brain Health Support and Trauma Recovery
The effects of trauma can last for several days, weeks, or months, taking a toll on day-to-day living and activities. Symptoms can range from headache, dizziness, brain fog and nausea to disruption in eating, sleeping and elimination habits. Scientific research has shown that there is currently limited effective pharmaceutical treatment for traumatic injury, and has pointed to a larger picture of what occurs in the body following brain injury—most notably the changes in nutrient levels within the brain and body.

The Brain Evolve Series is formulated with natural ingredients that are known to support recovery, help cognitive function and promote restorative sleep:

  • Brain Evolve AM: This patented blend of antioxidants supports cognitive health maintenance and brain function, while giving you more energy and greater focus during the day. (CAD $89.99 + tax )
  • Brain Evolve PM (Flavoured and Unflavoured): These formulations contain 16 natural ingredients, including amino acids, Melatonin, and Curcumin, known to work synergistically to:
    • Reduce inflammation
    • Increase energy and flow of nutrients to the brain to encourage healing
    • Regulate hormones that contribute to restorative sleep so the body can heal
    • Meant to be taken before bed, the flavoured formulation features the refreshing taste of tropical fruit. (CAD $89.99 + tax)
  • Brain Evolve Anti-Aging: This formulation assists with issues related to brain aging,like neurodegeneration and cognitive impairment, using key ingredients :
    • Curcumin: reduces inflammation
    • Melatonin: helps with sleep
    • Astaxanthin: known to reduce eye inflammation
    • Creatine: ergogenic agent for recovery after activity (CAD $89.99+ tax)

“With the launch of the Brain Evolve Series, HAVN Life demonstrates its commitment to helping communities thrive, bringing high-quality and science-based nutraceuticals to market over the past 12 months,” says Tim Moore, CEO of HAVN Life. “With multiple distribution and supply partnerships in place in Canada, the U.S. and Australia, our goal is to consolidate our retail presence globally, as a go-to purveyor of the best available products that support brain health and cognitive function. We are very excited about the healing potential of this new product line,” he adds.

“I’m very excited to launch the Brain Evolve series with HAVN Life,” says HAVN Life Director of Education, Matthew Bennett. “My goal in creating these formulations was to support people with concerns around sleep, brain injury, brain wellness and prevention of neurodegeneration, as well as anyone looking to optimize their overall cognitive health. By joining the HAVN Life team, I’m happy to see the products I created reach a wider audience, helping families and communities to thrive,” he adds.

In addition to the Brain Evolve Series, HAVN Life launched a full line of vegan and non-GMO natural health products in June 2021. Thoughtfully formulated with adaptogens and antioxidants to support brain health, these natural compounds are proven to support memory, focus, energy, and overall cognitive function. The product line includes Rhodiola Relief, Mind Mushroom, Chaga Immunity, Reishi Recharge, Bacopa Brain, Lion’s Mane and Cordyceps Perform and is available through yourhavnlife, Amazon and at select natural health store locations across Alberta and British Columbia.

*Supporting Research Studies are available HERE

###
On Behalf of The Board of Directors
Tim Moore
Chief Executive Officer

About HAVN Life Sciences Inc.
HAVN Life Sciences is a biotechnology company pursuing standardized extraction of psychedelic compounds for the creation of active pharmaceutical ingredients (“API”), the development of natural health products, and innovative therapies to support brain health and cognitive function.

Through its research division, HAVN Labs, the company has developed an end-to-end supply chain of GMP naturally derived psychedelic compounds for research that will define the future of modern medicine. With its new line of natural health products, HAVN Life offers a full range of high-quality mushroom and plant extracts that help boost immune function, reduce inflammation and support a healthy lifestyle.

Purchase our products and find out more at yourhavnlife.com, and follow us on Facebook, Twitter, Instagram and Youtube.

The natural health product licenses for products Brain Evolve AM, Brain Evolve PM Flavoured, Brain Evolve PM Unflavoured and Brain Evolve Anti-Aging are currently registered to Bennett’s Choice, a company owned by HAVN Life Retail.

Contact:
Investor Relations: ir@havnlife.com
Media: savi@emergence-creative.com

Forward-Looking Information: This news release contains “forward-looking information” within the meaning of applicable securities laws relating to statements regarding the Company’s business, products and future of the Company’s business, including the introduction of the Brain Evolve Series to the Company’s natural health product line. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the anticipated benefits of the introduction of the Brains Evolve Series to the Company’s natural health product line will not be realized as contemplated, or at all , and risks that the Company’s products and plan will vary from those stated in this news release and the Company may not be able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation and does not intend to update any forward-looking statements or forward-looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. The statements in this news release are made as of the date of this
release.

The CSE has not reviewed, approved or disapproved the content of this press release

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Global Wellness’ KaleidoMyco Brand Introduces FIRST EVER Effervescent Tablets Combining Functional Mushrooms + Hemp Extract

Global Wellness’ KaleidoMyco Brand Introduces FIRST EVER Effervescent Tablets Combining Functional Mushrooms + Hemp Extract

Vancouver, British Columbia, April 12, 2022 – Global Wellness Strategies Inc. (CSE: GWS) (Frankfurt:O3X4) (OTCQB: GWSFF) (“Global” or the “Company”) today announces their brand KaleidoMyco will be launching their proprietary fizz tablets this month to the American marketplace. KaleidoMyco is focused on working with doctors and integrative medical practitioners in a collaborative effort in the discovery of products combining mycology formulas with hemp extract derived cannabinoids focused on health and wellness.

“In the competitive global space of plant based medicines being the first mover has plenty of advantages. The strong team of mycologists and scientists took near a year to perfect the fizz tablets launching. We congratulate them on all their efforts and look forward to sharing their successes together and helping them create worldwide sales distribution networks.“ said Meris Kott, CEO Global Wellness Strategies.

Hemp infused medicinal mushroom products aka functional mushrooms are increasingly relevant, because of their ancient healing powers on an array of modern-day ailments. Taking these two powerful plant medicines together enables one to experience enhanced effects. The synergistic combination of both a  hemp-derived blend plus medicinal mushrooms is amazing. An immunity boost, increased cognitive focus, de-stress affect and balanced energy are all benefits of functional mushrooms; while hemp benefits can also include decreased anxiety, reduced pain and improved sleep. KaleidoMyco has developed the first-ever dissolvable hemp infused myco tablets to enter the effervescent category. The tablets dissolve quickly in a glass of water or any beverage hot or cold, adding effervescence and flavor, and are an excellent way to supplement a healthy diet with an array of complementary and synergistic ingredients. The first 3 SKUs are a combo 1+1 of 25mg cannabinoids plus 25mg of functional mushrooms flavored by natural citrus, berry and grape. “According to the report published by Allied Market Research, the global functional mushroom market generated $7.98 billion in 2020, and is estimated to reach $19.33 billion by 2030, witnessing a CAGR of 9.3% from 2021 to 2030.” [1]

About Global Wellness Strategies

Global Wellness Strategies is a prospect generator that provides high growth companies with financial, operational, and management assistance in the fast-growing market for wellness consumer products. The focus of the Company is on global wellness, psychedelics, mycology, hemp and CBD, healthcare-related target companies. 

For further information visit websites:

 www.globalwellnessstrategies.com

Or Contact Meris Kott CEO 604.484.0355 or email to info@globalwellnessstrategies.com

 Further information about the Company is available on www.SEDAR.com under the Company’s profile.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, its financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

References

↑1https://www.alliedmarketresearch.com
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Medspresso and Liviana Carried by 100 Independent South African Retailers

Medspresso and Liviana Carried by 100 Independent South African Retailers

CAPE TOWN, SOUTH AFRICA / ACCESSWIRE / March 28, 2022 / WUHAN GENERAL GROUP, INC. (OTC PINK:WUHN) (“WGG” or the “Company”), a bioceutical company focused on alternative plant-based cannabinoids and mental health therapeutic research is pleased to share the following update:

Medspresso™ and Liviana™ are delighted to announce that their Premium Coffee and Extra Virgin Olive Oil ranges are now listed in 100+ independent brick and mortar stores in the greater Cape Town, South Africa region.

Since the launch of Medspresso™ and Liviana™ late-2021, the brands have grown significantly in the Western Cape, with the number of stockists increasing weekly. There has also been momentous growth on social media as the stockists share and promote the products on their platforms and websites. Below are a few of the premium stockists carrying our products:

Terbodore Café | The Conscious Kitchen | Kleinsky’s Delicatessen | Grande Provence Deli | Sans Community Grocer

“We launched relatively recently, and there has been an astounding level of interest in both brands. Our partners love the packaging and most of all the actual product – coffees, teas, and olive oils. The sales and marketing team is doing an outstanding job on the road and on social media – we are getting our name out there in a big way and people are noticing us. We are particularly excited about our many new and returning customers.

There is a simple recipe to the brands’ success – quality products and exceptional service to our partners and consumers. We have very specific criteria to be met when selecting new stockists and we are very conscious about choosing partners that share our brands’ values, beliefs, and ethics. Looking forward, we currently have 14 SKUs, and expect to have 42 SKUs on the shelves by the end of 2022.” says Michael Sachar CEO M2Bio Sciences – Food and Beverage.

‘’It was never about getting the products in as many stores as possible. Rather, it was about educating stockists and consumers one by one about the benefits of CBD combined with premium food and beverages. We spent a lot of time refining our supply chain and fine-tuning our efficiencies, which resulted in extremely happy customers. We are poised for expansion across South Africa with Johannesburg being our next city. We have set a goal of 600 stores by year-end.” added Jeff Robinson CEO of M2Bio Sciences.

About Wuhan General Group, Inc./ M2Bio Sciences, Inc

Wuhan General Group, Inc. (DBA M2bio Sciences), through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™, and Liviana™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness, and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research, and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

Publicly traded company (OTC Pink: WUHN)
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Medspresso™

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Liviana™

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Forward-Looking Statements:

Safe Harbour Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements.

SOURCE: Wuhan General Group, Inc./ M2Bio Sciences, Inc.

View source version on accesswire.com:
https://www.accesswire.com/694869/Medspresso-and-Liviana-Carried-by-100-Independent-South-African-Retailers

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Red Light Holland Announces Mushroom Home Grow Kits Produced by Happy Caps Mushroom Farm Are Now Available for Purchase in 30 Retail Stores Across Canada

Red Light Holland Announces Mushroom Home Grow Kits Produced by Happy Caps Mushroom Farm Are Now Available for Purchase in 30 Retail Stores Across Canada

Toronto, Ontario–(Newsfile Corp. – March 22, 2022) – Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTC Pink: TRUFF) (“Red Light Holland” or the “Company”), an Ontario-based corporation engaged in the production, growth and sale of a premium brand of magic truffles to the legal, recreational market within the Netherlands, is extremely pleased to announce that their Portfolio Company, Happy Caps Mushroom Farm’s Mushroom Home Grow Kits are now available for purchase in 30 Retail Stores Across Canada.

“We are so proud of the founders, Andrew Kobayasi and Andrew Hatfield. Kobo and Hatty have worked extremely hard with their sales team to expand points of sale for Happy Caps’ products, especially their Mushroom Home Grow kits,” said Todd Shapiro, Chief Executive Officer and Director of Red Light Holland. “We’ve always said the acquisition of Happy Caps presented a brand building opportunity for Red Light Holland, as Happy Caps’ products can currently reach consumers in a plethora of markets. It’s a pleasure to know customers are now able to purchase Happy Caps Mushroom Home Grow Kits from www.happycaps.ca, www.amazon.ca, www.amazon.com – and in 30 retail stores across Canada. The entire Happy Caps team will continue to work hard to increase points of sale so you too can hopefully ‘grow with us’!”



Pictured: Happy Caps Mushroom Home Grow Kits

To view an enhanced version of this image, please visit:
https://orders.newsfilecorp.com/files/2017/117609_111816d2b4109841_001full.jpg

“We are very pleased with our direct to consumer growth at Happy Caps, as well as our growth of getting our Mushroom Home Grow kits in retail locations. We are grateful to all the stores that are now carrying our products, including; nurseries, garden centres, farmer’s markets, seed shops, green houses and modern and trendy retail stores offering more natural and healthier food selections,” said Andrew Kobayashi, CEO of Happy Caps.

“Our strategic objectives, with the Red Light Holland team are being met – to increase our points of sale and to grow our Happy Caps brand! We are super stoked and very proud, as we continue to meet our goals, with our sights on more direct to consumer purchases and in-store retail opportunities,” said Andrew Hatfield, co-founder of Happy Caps. “This started out as an idea between two good buds, and to steal a line from Red Light Holland – it really feels like we’re going from underground to mainstream! Have a look at our Instagram page too – to learn more – www.instagram.com/happycaps.hfx.”

Happy Caps Mushroom Home Grow Kits are now available for purchase at www.HappyCaps.ca, www.Amazon.ca, www.Amazon.com and currently in 30 retail stores across Canada found in the Happy Caps Store Locator section at www.happycaps.ca/apps/store-locator.

About Happy Caps Mushroom Farm

Happy Caps is an urban gourmet mushroom farm located in Halifax, Nova Scotia that specializes in quality ‘grow your own mushroom kits’ and mushroom plug spawn.

About Red Light Holland

Red Light Holland is an Ontario-based corporation engaged in the production, growth and sale (through existing Smart Shops operators and an advanced e-commerce platform) of a premium brand of magic truffles.

For additional information:
Todd Shapiro
Chief Executive Officer and Director
Tel: 647-643-TRIP (8747)
Email: todd@redlight.co
Website: www.redlight.co

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the ability of the Company to deliver products to retail shops; the safety of the Company’s products; the uses and potential benefits of the Company’s products; Retail stores receiving the Company’s Products; the ability for Retail shops to sell the Company’s Home Grow Kits and other Happy Caps products, the Company’s ability to continue to grow sales in both direct to consumer and retail store’s points of sale, the Company’s ability to continue to grow the Happy Caps’ Brand; and the Company’s reliance on www.amazon.ca and www.amazon.com to continue to sell the Company’s Happy Caps’ products

Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company’s ability to continue as a going concern; the Company’s ability to continue to deliver its Happy Caps products and associated consumer packaged goods; continued approval of the Company’s activities by the relevant governmental and/or regulatory authorities; the continued growth of the Company; the Company meeting their anticipated timeline and process for growth, sales, production and commercialization; the Company’s products being safe and providing their anticipated benefits; 30 Retail shops (in the store locator on the Happy Cap web-site) receiving the mushroom home grow kits and ‘other’ Happy Caps products; the Company growing sales and distribution of Happy Caps consumer packaged goods imports across the Canada; and the continued ability for the Company to sell Happy Caps products on Amazon in both Canada and the USA.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; risks associated with potential governmental and/or regulatory action with respect to the Company’s operations; competition within the markets that the Company operates in; risks with respect to the safety of the Company’s products; the risk that there is no potential benefit of the Company’s products; risk that the Company will be unable to develop its products; risk that Retail Shops and Amazon will not receive the Happy Caps’ products; risk that retail stores and Amazon will not continue to carry Happy Caps products; risk that the Company will be unable to complete production of Happy Caps’ products; risk that the Company will be unable to deliver Happy Caps consumer packaged goods across Canada and into other North American markets including to Amazon warehouses; and risk that the Mushroom Home Grow Kit and Functional Mushroom Industry in the North America, along with their legal frameworks, will not develop.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

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Mycotopia Therapies, Inc. Expands Presence In The Registered Mushroom Sector With HAVN Life Sciences Inc.

Mycotopia Therapies, Inc. Expands Presence In The Registered Mushroom Sector With HAVN Life Sciences Inc.

Mycotopia Therapies plans to distribute HAVN’s line of natural OTC health products currently being registered with the Jamaican Ministry of Health

MIAMI, March 17, 2022 (GLOBE NEWSWIRE) — Mycotopia Therapies Inc. (OTC Pink: TPIA) (the “Company”), a biopharma company focused on research, technology, and the development of medical psychedelics, announced today plans to expand its supply agreement with Havn Life Sciences (CSE: HAVN) (OTC Pink: HAVLF) to include functional mushrooms, which refers specifically to varieties of mushrooms that have a health benefit beyond providing nutrition. The terms of the original agreement call for Havn Life Sciences to supply Mycotopia Therapies with naturally-derived psilocybin. Under the terms of the agreement, Mycotopia Therapies is classified as a specialty pharmaceutical company focused on the research, development, and commercialization of novel therapeutics for unmet needs.

Under the terms of the existing agreement, Mycotopia Therapies is building a distribution channel to supply naturally-derived psilocybin compounds, in accordance with al federal laws and local protocols, to universities, researchers and companies. The expanded agreement Mycotopia Therapies provides Mycotopia Therapies with the opportunity to distribute functional mushrooms, as well as the white label supply and distribution of HAVN’s line of natural OTC health products currently being registered with the Jamaican Ministry of Health (MOH). Jamaica’s Ministry of Health is the pre-eminent Government organization whose mandate is “To ensure the provision of quality health services and to promote healthy lifestyles and environmental practices.” The Ministry, together with its Regional Health Authorities, Agencies and related organizations make up the public health system and are responsible for health care delivery across the island.

In December 2021 Mycotopia Therapies Inc. announced it had entered into a letter of intent regarding a potential acquisition of botanical psilocybin pioneer, Ei.Ventures. When a definitive agreement is reached, the combined companies intend to pool their resources to develop regulatory approved, plant-derived, psychoactive therapeutic treatment options and non-psychoactive nutritional supplements and related products that address global mental healthcare needs. Upon closing, the company would be renamed PSLY.com to better reflect the Company’s business moving forward.

Mycotopia Therapies is focused on the research, development, and commercialization of novel therapeutics based on naturally-derived psilocybin. Performing most of its research in Jamaica, where psilocybin is legal, Mycotopia Therapies is focused on mushroom and psychedelic opportunities. Ei.Ventures’ flagship botanical psilocybin-based formulation Psilly is a whole-plant botanical psilocybin-based formulation, which is currently in the pre-clinical phase. The goal of the combined companies would be to complete pre-clinical and phase 1 trials and launch therapeutic Psilly into jurisdictions where psilocybin is legal. Ei.Ventures has pioneered using the whole plant and fungi in its botanical formulations, which has the potential to create the “Entourage Effect.” Researchers suggest the Entourage Effect could be key to Psilocybin’s healing properties. The Entourage Effect is a synergistic interaction between two or more different molecules found within the same plant, which is similar to the effects various strains of cannabis has on the end-user.

Ben Kaplan, CEO of Mycotopia Therapies said, “Mushrooms were the second highest growing natural health supplement and are underserviced in the market. This partnership helps support our company’s ambitious product development and R&D milestones by offering a potential alternative to synthetic derived psilocybin at a fraction of the cost.” Mr. Kaplan continued, “Since Havn Life Sciences will supply Mycotopia Therapies with functional mushroom, it helps addresses potential supply chain issues and enables Mycotopia Therapies to get to the distribution and revenue generation phase of our business plan, as we join forces with eI.ventures and form PSLY.com.”

About Mycotopia Therapies

Mycotopia Therapies focuses on helping you heal and reclaim your life. Your journey of healing is an understanding of the causes and works to mental wellness through psychedelic enhanced psychotherapy, integrated with a professional team of mental wellness practitioners and cutting-edge technology. Psychedelic therapy is a holistic and spiritual approach providing healing and has shown successful treatment for many years. Additional information on Mycotopia Therapies can be found on the Company’s website at: https://www.mycotopiatherapies.com.

Forward-Looking Statement Disclaimer

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements: (i) the initiation, timing, progress and results of the Company’s research, manufacturing and other development efforts; (ii) the Company’s ability to advance its products to successfully complete development and commercialization; (iii) the manufacturing, development, commercialization, and market acceptance of the Company’s products; (iv) the lack of sufficient funding to finance the product development and business operations; (v) competitive companies and technologies within the Company’s industry and introduction of competing products; (vi) the Company’s ability to establish and maintain corporate collaborations; (vii) loss of key management personnel; (viii) the scope of protection the Company is able to establish and maintain for intellectual property rights covering its products and its ability to operate its business without infringing the intellectual property rights of others; (ix) potential failure to comply with applicable health information privacy and security laws and other state and federal privacy and security laws; and (x) the difficulty of predicting actions of the USA FDA and its regulations. All forward-looking statements included in this press release are made only as of the date of this press release. The Company assumes no obligation to update any written or oral forward-looking statement unless required by law. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is contained under the heading “Risk Factors” in 20/20 Global, Inc.’s Registration Statement on Form F-1 filed with the Securities and Exchange Commission (SEC) on September 24, 2015, as amended, which is available on the SEC’s website, http://www.sec.gov.

Contact for Mycotopia Therapies

For Media and Investor Relations, please contact:

David L. Kugelman

(866) 692-6847 Toll Free – U.S. & Canada

(404) 281-8556 Mobile and WhatsApp

Email: dk@atlcp.com

Skype: kugsusa

LinkedIn: https://www.linkedin.com/in/davidkugelman