Bullboard - Stock Discussion Forum Silo Wellness Inc C.SILO

Silo Wellness, Inc. is a Canada-based global psychedelics company. The Company is engaged in psilocybin wellness retreats. It offers psychedelic wellness retreats in Jamaica and is focused on doing the same in Oregon, United States. It also maintains rights in intellectual property (IP). It intends to offer psilocybin retreats in Oregon as well as pursue a clinical psilocybin-assisted... see more

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Silo Wellness Inc > SILO

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Post by yopmemama021 on Aug 05, 2021 5:19pm

SILO

$SILO.CN $SILFF

$SILO is up 5.6% today @$0.09

Big day for SILO, they just announced a nationwide distribution partnership with Essex-based U.K. brand distributor LocoSoco Group Plc.

LocoSoco is now the exclusive U.K. distributor for Silo Wellness’ full portfolio of Marley One branded mushroom products.

Will be distributed throughout the UK to:

to independent retailers
buying groups
health food stores
online retailers and influencers and their e-commerce affiliates

This partnership cements a solid path to market for the MarleyOne line that can keep pace with consumer demand across the region.

Consumer interest in these products is on the rise in the UK and the global psychedelic drugs market at large is projected to reach US$6.85 billion by 2027, growing at a CAGR of 16.3% over the next 8 years.

full news release

https://www.globenewswire.com/news-release/2021/08/05/2275308/0/en/Silo-Wellness-Brings-Marley-One-Mushrooms-to-the-U-K-Market-through-Distribution-Agreement-with-LocoSoco-Limited.html

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