Silo Wellness Inc.

CSE: SILO, FRA: 3K70

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Company Overview

Silo Wellness was founded in Oregon and has been in the psychedelics and functional mushroom space since 2018 and ultimately formulated and announced a patent-pending psilocybin nasal spray in Jamaica in 2019. This metered-dosing delivery modality was created for consumer microdosing to address some of the primary issues that may prevent many from trying natural psychedelics for the first time, including dose reliability, taste, upset stomach, and stigma. The nasal spray bypasses the digestive system by entering the bloodstream through the nasal membranes.

Silo Wellness' mission is to improve health and wellness by developing and introducing psychedelic medicine to reduce trauma and increase performance by destigmatizing the active compounds in psychedelics and innovating ease of administration and ingestion. Silo Wellness intends to introduce new, safe, and affordable alternatives to current medicines by facilitating entry into new and emerging markets where psychedelics are legal by conducting ketamine and psilocybin wellness retreats and elsewhere by manufacturing and distributing functional mushrooms.

Since its inception, Silo Wellness’ activities have focused on: (1) development of psilocybin-free functional mushroom tinctures; (2) the development of the formulation of a psilocybin nasal spray in Jamaica; and (3) offering of Jamaican and Oregon psychedelic wellness retreats as well as the cultivation of psychedelic mushrooms in Jamaica. None of Silo Wellness’s products claim to cure or mitigate any physical or mental disease, symptoms, disorders, or abnormalities.

Financial Highlights

$317,254

Revenue (ttm)

-$268,494

Gross Profit (ttm)

-$1.23

Diluted EPS (ttm)

Management Team

Mr. Mike Arnold
Founder, Interim CEO, Pres & Chairman

Mr. Yongbiao Ding B.A., C.A., M.B.A.
CFO & Director

Mr. Stuart Kirby
VP of Marketing & Communications

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Key Highlights

Market Capitalization
$0

Shares Outstanding
0

Shares Short (% of Float)
()

Insider Ownership
28%