Investor Ideas #Potcasts 617, #Cannabis News and #Stocks on the Move; Interview with CEO of Psychedelic Water
Delta, Kelowna, BC, December 16, 2021 (Investorideas.com
Newswire) www.Investoride, as.com, a global news source covering leading sectors
including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today’s podcast edition of cannabis news and stocks to watch plus insight
from thought leaders and experts.
Listen to the podcast:
https://www.investorideas.com/Audio/Podcasts/2021/121621-StocksToWatch.mp3
Read this in full
at https://www.investorideas.com/news/2021/cannabis-potcasts/12161Interview-Psychedelic-Water.asp
Hear Investor ideas cannabis potcast on iTunes
Hear the investor ideas potcast on Spotify
Today’s podcast overview/transcript:
Good
afternoon and welcome to another episode of Investorideas.com
"Potcast" featuring cannabis news, stocks to watch as well as
insights from thought leaders and experts.
In
today’s podcast InvestorIdeas interviews Pankaj Gogia, CEO of Psychedelic
Water, the first legal psychedelic, mood-boosting, hangover-free fun that has
recently been featured in Inside Hook, Yahoo!, VICE, Business Insider, Financial Post. According to many
testimonials the writer "drank the 'psychedelic water' going viral on
TikTok, and I felt my anxiety melt away." Gogia went on to discuss how
Psychedelic Water came to be, being a pioneer in the Psychedelic space, as well
as how he sees this industry and his company evolving as people’s understanding
and comfort level with Psychedelics continues to change.
Discussing the company’s start,
Gogia commented, “We launched in the US in early 2021 and since then we have
seen massive traction and curiosity. In a period of roughly 10 months we have
had over 40,000 customers and over 12 million views on Tik Tok.”
When asked what factors lead to the
company’s early success and brand traction Gogia commented, “I think the
reality is that we sort of hit a nerve as there is definitely a curiosity
around what’s going on with Psychedelics. I think our name, Psychedelic Water,
I think that by itself is probably the number one factor. I think second is our
packaging and the can. What we have built out there is extremely unique, a
holographic can, and was an extremely hard process to get there. I think
between those two factors, a lot of our marketing has been very organic to be
honest. Consumers love the product and that’s where a lot of our success got
started.”
Psychedelic Water works because it
is the world's first legal psychedelic blend of kava root, damiana leaf, and
green tea leaf extract for an experience like no other. The innovators behind
this global psychedelic experience sold out their first production run and are
rapidly expanding into retail stores nationwide.
When asked about how the company is
looking to expand their product offerings in the future, Gogia went on to say,
“As we started to build out this company what we really wanted to do was build
a brand. We have trademarks with Psychedelic Water and are looking at getting
other trademarks applied to different categories such as Coffee, Tea, Cookies,
etc. What you can expect from our company is a stew of products in the upcoming
years as we grow with success. In terms of formulation as we looked at coming
to market, we saw that a lot of the companies were focussed on Psychedelics in
a more traditional sense, more in Pharma and the Scientific side, but nobody
was looking from a CPG perspective and that’s where we came up with the
concept. What we wanted to do was bring a product to market that was real, so
it does have a psychoactive effect, but is legal, so that’s how we landed on
our current ingredients. We will be adding other ingredients that could have
similar impact but are legal in nature and as and when legalization happens and
continues, we will look at adding more products that contain more traditional
Psychedelics.”
Gogia continued, “It’s been a real
journey for us to normalize Psychedelics into the community. I think we are
creating a new curiosity and removing any sort of stigmas associated with
Psychedelics by having it become more normal and casual.”
Gogia went on to discuss how some in
the Psychedelic community and industry have reacted to the product so far, how
he sees the company evolving moving forward as well as the impact psychedelics
could have on society as they continue to become more normalized.
Psychedelic Water, which just
launched earlier this year, made over $1 million in sales over its first few
months. In addition to being available at www.psychedelicwater.com,
you can now find it on Amazon and in stores around the country.
Investor ideas reminds all
listeners to read our disclaimers and disclosures on the Investorideas.com
website and that this podcast is not an endorsement to buy products or services
or securities. Investors are reminded all investment involves risk and possible
loss of investment.
Learn more about
our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp
To hear more
Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
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Certification-Registration Number: 10468217708
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