PSYCHED WELLNESS PROVIDES UPDATE ON PRE-CLINICAL TRIAL OF ITS MUSCIMOL EXTRACT AME-1 – RICH TV LIVE – March 2, 2021 – CEO JEFF STEVENS INTERVIEW – Psyched Wellness Ltd. (CSE: PSYC, OTCQB: PSYCF,
FRANKFURT:5U9) (the “Company” or “Psyched”) a life sciences company focused on the
production and distribution of artisanal functional and psychedelic mushrooms, is pleased to
announce the company has received the results from its Maximum Tolerated Dosage (MTD) study
conducted by KGK Science, a licensed CRO in Canada.
“I am pleased to share the positive results from the individual studies that our CRO is conducting
in the pre-clinical study on our behalf for AME-1,” added Jeff Stevens, CEO of Psyched Wellness.
“Today’s results pushes us one step closer to our goal of applying to the FDA for a New Dietary
Ingredient and to Health Canada for a Natural Health Product Number.”
This study is the first set of thorough toxicology assessments on the Company’s Amanita
Muscaria extract, AME-1. The MTD study summarizes the maximum tolerated dose and LD50
thresholds for AME-1. This significant set of information obtained permits for the next step of preclinical studies involving a 14- and 90-day oral toxicity to further identify a safe, effective dose for
human consumption.
“This is a key first step in the toxicological assessment of AME-1 that is the foundation for the
next set of preclinical studies further identifying the properties of AME-1”, says Brian Tancowny,
scientific advisor to the Company. “For centuries Amanita Muscaria has been embraced by
cultures due to its restorative and rejuvenating qualities and with these results, Psyched Wellness
is well on its way to delivering a clinically tested and medically approved product that will
effectively treat, repair and nurture the mind, body and soul.”

#psychedwellness #jeffstevens #richtvlive

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