09:37 AM EST - Psyched Wellness Ltd. : Announced the company has submitted a provisional patent application with the United States Patent and Trademark office, to cover the Company's unique extraction processes for its proprietary Amanita muscaria extract AME-1. The application was submitted on March 12, 2021 as App. No. 63/160,721, and discloses and claims muscimol extraction from Amanita mushrooms, and more particularly, enhanced muscimol extraction processes from Amanita muscaria, including by distillation and refluxing and/or pressing, resulting in a liquid or powder extract useful for preparations for human health. "We have invested a lot of resources to develop AME-1 using a unique extraction protocol that we have developed," said David Shisel COO of Psyched Wellness. "We believe that AME-1 has great potential and will be the foundation for many future products." Psyched Wellness Ltd.
shares C.PSYC are trading unchanged at $0.34.