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VANCOUVER, BC, Dec. 16, 2020 – Delic Corp. (“DELIC” or the “Company“) (CSE: DELC), a psychedelic wellness-focused company, is pleased to announce that Reality Sandwich (realitysandwich.com), a subsidiary of DELIC, had its highest record of traffic recorded to date. The company is very proud to realize its year over year readership has quadrupled since the same period last year. DELIC is also pleased to announce the launch of the E-Commerce store on Reality Sandwich (realitysandwich.com/shop/) and The Delic (thedelic.com/shop/).
Matt Stang, Founder of DELIC commented, “Seeing the traffic increase month over month in combination with the launch of the stores on Reality Sandwich and The Delic is an exciting moment for us at DELIC. This is an important milestone for the company as it shows how we at DELIC are executing on our monetization strategy. The growth of the site also indicates the interest in the sector growing, which will allow us to deliver further value to our shareholders.”
Since DELIC’s acquisition of Reality Sandwich in 2019, the site had a record traffic month in the month of November 2020. Reality Sandwich has increased monthly average pageviews from 25,000 in 2019 to 220,000 monthly views (2.6 million annualized). The company views this recent data as a key indicator of growing interest in not only our brand, but in the psychedelic sector as a whole.
With interest in psychedelics increasing at a rapid pace, especially with continued legalization, Oregon will be the first state to allow regulated administration and use of the drug psilocybin, the main psychoactive ingredient in magic mushrooms, and with our Reality Sandwich website becoming the de facto standard for news and stories in the sector, DELIC believes that more and more viewers will drive their way to our site out of curiosity, seeking additional knowledge on the psychedelics sector. Furthermore, DELIC believes that as page views increase, the company will be able to better monetize the e-commerce offerings & platform.
DELIC sees the Reality Sandwich website becoming one of many cornerstones of DELIC’s capital market offerings and ultimate value proposition, increasingly becoming an important part of the Company’s meaningful ecosystem in developing and acquiring various strategic hard assets in the sector that are positioned well beyond our current value-add media assets. This bodes well in positioning and marrying DELIC as the largest multimedia brand in the psychedelics industry.
DELIC Always Expanding. In All Ways.
DELIC was formed in 2019 to address the growing interest in psychedelic science. DELIC was the first psychedelic umbrella media platform and is currently a trusted source for those interested in psychedelic culture. DELIC’s offerings include “The Delic”, an e-commerce lifestyle brand, ”Reality Sandwich”, a free public education platform providing psychedelic guides, news and culture and “Meet Delic”, the first ever psychedelic wellness summit. For more information, check out www.deliccorp.com.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of DELIC’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as ”plans”, ”expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, ”anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, ”will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but are not limited to, information concerning listing on the Canadian Securities Exchange, anticipated continued growth in the health and wellness sector (and, in particular, related to psychedelics), the continued emergence of psychedelics from stigmas, the ability of the Company to maintain sensible messaging, the ability of the Company to avoid dogmatic practices and binary rhetoric, the ability of DELIC to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, DELIC is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of DELIC to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, DELIC has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the ability to consummate the Proposed Transaction; the ability to obtain requisite regulatory and securityholder approvals and the satisfaction of other conditions to the consummation of the Proposed Transaction on the proposed terms and schedule; the ability to satisfy the conditions to the conversion of the Subscription Receipts (as defined in the Previous Press Release); the potential impact of the announcement or consummation of the Proposed Transaction on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time on the Proposed Transaction.
Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although DELIC believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and DELIC does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to DELIC or persons acting on its behalf is expressly qualified in its entirety by this notice.
SOURCE Delic Corp.
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