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Hypha Labs (OTCQB:FUNI) has filed new patent applications with the USPTO for novel AI-driven methods and devices for in-home mycelium production. The company aims to introduce the first consumer device for producing high-quality functional mushroom ingredients in an 8-day grow cycle, offering greater potency precision than commonly sold mushrooms at a fraction of current market prices.
The patents cover sophisticated machine learning algorithms for processing mycelium, addressing challenges in traditional cultivation methods. This innovation promises optimized growth conditions, faster processing times, enhanced yield predictability, and reduced resource consumption. The U.S. functional and psychedelic mushroom market reached $3.6 billion in 2022, with an expected CAGR of 12.1% from 2023 to 2030.
Hypha Labs, Inc. (OTCQB:FUNI) has unveiled its first Functional Mushroom ingredient array for the MicroPearls Pro™ and MicroPearls ProX™ products. These devices utilize a 'mushroom accelerator' to produce functional mushroom ingredients in an eight-day cycle, creating small translucent ingredient orbs.
The MicroPearls Pro™ is designed for home use, while the MicroPearls ProX™ is intended for large-scale commercial ingredient production. Both products can efficiently produce popular mushroom ingredients, including:
- Reishi (Ganoderma lucidum)
- Lion's Mane (Hericium erinaceus)
- Cordyceps (Cordyceps sinensis)
- Turkey Tail (Trametes versicolor)
- Agarikon (Laricifomes officinalis)
- Chaga (Inonotus obliquus)
CEO Stone Douglass expressed optimism about the products' potential to disrupt the rapidly expanding mushroom ingredient market, empowering both home users and commercial operators.
Hypha Labs, Inc. (OTCQB:FUNI), a pioneer in functional mushroom sciences, has retained Emerging Markets Consulting, (EMC) for investor and public relations services. EMC specializes in helping small and mid-sized public companies increase brand awareness and market share while improving visibility to investors.
Stone Douglass, CEO of Hypha Labs, stated that as they approach the full roll-out of their anticipated market-disruptive suite of devices for functional mushroom ingredients, they believe it's time to engage a well-established firm like EMC to help share their story. James Painter, President of EMC, expressed interest in Hypha Labs' intellectual property, business model, management experience, share structure, and overall strategy, noting the growing appetite for functional mushrooms.
Hypha Labs, Inc. (OTCQB:FUNI), a pioneer in functional mushroom sciences, has released its first Investor Presentation since commencing trading on the OTCQB. The dynamic presentation, available at www.HyphaLabs.com/deck, outlines the company's plan to empower home and commercial production of functional mushroom ingredients.
CEO Stone Douglass stated that Hypha Labs has been methodically pursuing its path to distribute and sell an award-winning device for producing high-quality functional mushroom ingredients. The company has enhanced its corporate presence by adding a respected Investor Relations agency and uplisting to the OTCQB. Douglass expressed confidence in the company's readiness for the anticipated interest accompanying the roll-out of their first bio-reactor sales.
Hypha Labs, Inc. (OTCQB:FUNI), a pioneer in functional mushroom sciences, has uplisted to the OTCQB Venture Market effective September 16, 2024. This move is expected to enhance the company's market visibility, trading liquidity, and credibility. The OTCQB requires companies to be current in financial reporting, maintain audited financials, undergo annual verification, and meet minimum bid price requirements.
CEO Stone Douglass stated that trading on the OTCQB is a testament to the company's perseverance and organization, as well as a catalyst for greater investor exposure. Hypha Labs aims to capitalize on this uplisting as they prepare to release what they believe will be the finest in-home and commercial manufacturer of better mushroom ingredients on the market.
Hypha Labs (OTC PINK:FUNI) has received a nomination for its proprietary bioreactor as "Best New Product of 2024" by the Santa Monica Daily Press (SMDP). The bioreactor, which produces specialized mushroom ingredients including psilocybin in approximately eight days, has been praised for its groundbreaking technological advancement in mushroom production.
The SMDP article highlights the potential wide-reaching impact of Hypha Labs' innovation on the scientific community, mental health system, and consumers. Stone Douglass, CEO of Hypha Labs, expressed honor at the recognition and emphasized the company's commitment to bringing a revolutionary device to market as they prepare for a full commercial launch in the coming months.
Hypha Labs, Inc. (formerly Digipath) has been approved to trade under the new ticker symbol FUNI on the OTC PINK market, effective August 13, 2024. The company has developed an innovative in-home mushroom accelerator that produces high-quality mushroom ingredients in just eight days. CEO Stone Douglass emphasized the alignment of their corporate name and ticker with their pioneering operations in functional mushroom ingredient accelerators for home and commercial use.
Douglass compared Hypha Labs' potential impact on the mushroom ingredient industry to Keurig's influence on coffee production, aiming to revolutionize how people produce consistent ingredients at home. This name change and new product development signify a strategic shift in the company's focus and market positioning.
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