Exclusive Interview With Psyched Wellness’ CEO Jeff Stevens: RichTV Live
Over the past year or so RichTV Live has been firmly established as one of the most popular YouTube channels for stock market investors. The channel not only analyses the various aspects of different companies but also provides its subscribers with insights about nascent industries that might go on to record significant growth.
On Wednesday, the channel released a video on Psyched Wellness Ltd. (CSE:PSYC) (OTCQB:PSYCF) (FSE:5U9), which is regarded as a potential psychedelic wellness products play. The psychedelic wellness industry is still at its nascent stages but there are many interesting companies that have cropped up in recent times. One of those is Psyched Wellness.
More importantly, the Chief Executive Officer of the company Jeff Stevens also joined in for a chat with the RichTV analyst and that perhaps makes the video far more compelling for potential investors.
On Wednesday, there was an important development with regards to Psyched Wellness as well and that was possibly the reason why the company was in focus at RichTV. The company, which is involved in the business of not only producing but also distributing functional mushrooms, announced that it submitted a patent application for one of its products.
The patent application in question is with regards to Psyched Wellness’ proprietary extraction process for its Amanita muscaria extract AME-1. The submission of the patent application with the United States Patent and Trademark Office is a key milestone for the company.
It is likely that the developments are going to be watched closely by investors as well as market analysts. The CEO of the company Jeff Stevens also spoke at length about the different aspects of the company and also shared his thoughts on some of the recent changes to the company’s board.
Stevens stated that the addition of Janine Stadelski to the company’s board is an important development and the management at Psyched Wellness is pleased about her appointments. However, the most important thing Stevens spoke about was the fact that Psyched Wellness has a clear path to generating revenues unlike most of its peers.
At the end of the day, most of these products are not yet permitted. However, Stevens stated that Psyched Wellness is working with compounds that are already legal and hence, that gives it a better chance of generating revenues quickly.
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