A Vancouver-based company that focuses on health and wellness through pharmaceutical magic mushrooms has completed a $20.7 million initial public offering.
Optimi Health Corp is “developing a vertically integrated Canadian functional mushroom brand that focuses on the health and wellness markets.”
The company says it also intends to cultivate, extract, process and distribute high-quality strains of fungi products at its proposed two facilities comprising a total of 20,000 square feet (presently under construction) located in Princeton, British Columbia.
Founded by four Vancouver-based entrepreneurs who have been friends since the early days of high school, the company’s advisory board includes lululemon founder Chip Wilson.