TORONTO, March 05, 2021 (GLOBE NEWSWIRE) — SILO WELLNESS INC., (“Silo Wellness” or the “Firm”) (CSE:SILO), is happy to announce that buying and selling its widespread shares on the Canadian Securities Change (“CSE”) will begin immediately underneath the ticker image “SILO”. In accordance with the insurance policies of the CSE, Silo Wellness has filed its CSE Type 2A Itemizing Assertion on SEDAR, which supplies for added data relating to Silo Wellness’ enterprise operations.
“We’re delighted to be buying and selling on the CSE as the subsequent step in Silo Wellness’ journey within the useful mushroom and psychedelics marketplaces and rejoice this essential milestone with the crew who’ve labored so diligently to carry Silo Wellness to the general public markets,” mentioned Douglas Okay. Gordon, Chief Government Officer of Silo Wellness. “By itemizing on the CSE, buyers will now be capable of take part within the development of Silo Wellness as we execute on our enterprise mannequin in Oregon, Jamaica and past.”
About Silo Wellness
The mission of Silo Wellness is to enhance well being and wellness by creating and introducing psychedelic drugs to cut back trauma and enhance efficiency by destigmatizing the energetic compounds in psychedelics and innovating ease of administration and ingestion. Silo Wellness intends to introduce new, protected, and reasonably priced alternate options to present medicines by facilitating entry into new and rising markets the place psychedelics are authorized by conducting ketamine and psilocybin wellness retreats and elsewhere by manufacturing and distributing useful mushrooms.
Since inception, Silo Wellness’ actions have targeted on: (1) growth of psilocybin-free useful mushroom tinctures, (2) the event of the formulation of a psilocybin nasal spray in Jamaica and (3) providing of Jamaican and Oregon psychedelic wellness retreats and Jamaican cultivation of psychedelic mushrooms. None of Silo Wellness’ merchandise declare to remedy or mitigate any bodily or psychological illness, signs, problems or abnormalities.
For additional data, please contact:
Stuart Kirby, VP of Advertising and Communications
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:
This information launch incorporates “forward-looking data” and “forward-looking statements” (collectively, “forward-looking statements”) inside the which means of the relevant Canadian securities laws. All statements, aside from statements of historic reality, are forward-looking statements and are primarily based on expectations, estimates and projections as on the date of this information launch. Any assertion that includes discussions with respect to predictions, expectations, beliefs, plans, projections, targets, assumptions, future occasions or efficiency (usually however not at all times utilizing phrases equivalent to “expects”, or “doesn’t anticipate”, “is predicted”, “anticipates” or “doesn’t anticipate”, “plans”, “funds”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such phrases and phrases or stating that sure actions, occasions or outcomes “could” or “might”, “would”, “would possibly” or “will” be taken to happen or be achieved) usually are not statements of historic reality and could also be forward-looking statements. On this information launch, forward-looking statements relate, amongst different issues, to: itemizing of the widespread shares of Silo Wellness on the CSE and the enterprise plans of Silo Wellness. Ahead-looking statements are essentially primarily based upon various estimates and assumptions that, whereas thought-about affordable, are topic to identified and unknown dangers, uncertainties, and different elements which can trigger the precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking statements. Such elements embrace, however usually are not restricted to: basic enterprise, financial, aggressive, political and social uncertainties and the potential influence of COVID-19. There will be no assurance that such statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements.
Readers shouldn’t place undue reliance on the forward-looking statements and data contained on this information launch. Silo Wellness assumes no obligation to replace the forward-looking statements of beliefs, opinions, projections, or different elements, ought to they modify, besides as required by regulation.