AREV Life Sciences Global Corp. announced completion of its fungi inoculation lab, colonizing and fruiting rooms. The fruiting room has been populated with colonized blocks of Lion's Mane (Hericium erinaceus) containing bioactive substances with beneficial effects on the body, especially the brain, heart and gut. Over the past 3 months, the company has been building its fungi spore lab, colonizing and fruiting rooms at its Coquitlam facility.

With this phase now complete, the company is successfully extracting 10% herricium from the lion's mane mushrooms utilizing a modified method of its existing extraction technology. The 10% yield is considered exceptional by mycology experts and the company's JV partner Absolem Health, which is collaborating on commercializing the resulting extract.