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Panacea Life Sciences Holdings, Inc. (OTCQB: PLSH) is a forward-thinking company dedicated to enhancing human and animal health through natural wellness products. The firm operates a state-of-the-art, 51,000 square foot cGMP facility in Golden, Colorado. Panacea specializes in the manufacturing, research, and development of a diverse range of products, including nutraceuticals, cannabinoids, mushrooms, kratom, and other plant-based ingredients.
Panacea began its journey as a producer of industrial hemp cannabinoid products and has since broadened its portfolio to include a wide array of health and wellness solutions. The company’s offerings range from soft gels, liquid fills, and topical lotions to dietary supplements and unique skin moisturizers. They aim to benefit everyday health and well-being.
The company is at the forefront of exploring the potential of functional mushrooms. Dividing the mushroom market into three segments—functional mushrooms, schedule one mushrooms containing psilocybin, and Amanita Muscaria mushrooms—Panacea is developing new products targeted at specific health conditions. Working closely with Colorado State University, they are creating analytical methods to measure active components and identify heavy metals in various mushroom species, ensuring safety and efficacy in their supplements.
Panacea also places significant emphasis on blending natural ingredients to enhance product effectiveness. Their collaborations extend to creating performance and endurance-enhancing compounds that incorporate ingredients like ginseng, aiming to boost athletic performance.
The company is committed to keeping shareholders and customers informed about their progress and new product developments. Their recent collaboration with Colorado State University and ongoing clinical trials highlight their dedication to advancing natural health solutions. Panacea Life Sciences Holdings, Inc. continues to expand its market presence and product lines, positioning itself as a leader in the health and wellness sector.
Panacea Life Sciences (PLSH) has signed a Supply, Licensing, and Development Agreement with Sky Wellness for the marketing and sale of CBD products. Sky Wellness will provide its current inventory, and Panacea will handle marketing and sales, splitting net sales revenue 60% to Sky Wellness and 40% to Panacea. The agreement allows Panacea to use Sky Wellness' trademarks and intellectual property for new product development, including CBD and non-CBD dog chews and a male enhancement product. Panacea plans to stock these products at its retail locations in Tampa, Florida.
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