PSYC Corporation announced that the company incorporated Spotlight Media Corporation (“Spotlight Media Corp.,” “SMC”), a wholly owned subsidiary of PSYC, with the intent of more effectively positioning the Company to expand on its existing media ventures both within, and potentially outside, of the medicinal psychedelic industry. Since launching Psychedelic Spotlight in 2020, the Company contends it established a significantly valuable foothold within the burgeoning psychedelics industry and emerged as a recognized leader in the production of premium, industry-focused content. And with the Company's belief that a majority of the anticipated growth and expansion of the industry is still ahead of it, PSYC is aiming to stay ahead of the curve by strengthening its position as media leader in the psychedelic space.