Psyence Group Inc. designed a new laboratory at the facility in order to expand its extraction capabilities. The building of the laboratory has since commenced and is expected to be completed in Fourth Quarter 2023. The expansion fits under the existing building footprint, and once completed, new extraction equipment will be installed to enhance its current extraction capabilities.

There are multiple potential benefits to on-site extraction including increased product shelf life, a more stabilized format for export, and reduced transport costs. The extraction equipment is being manufactured and supplied by Eden Labs LLC (Eden Labs). The supply of the equipment is part of Psyence and Eden Lab's previously announced collaboration agreement.

The equipment will enable the on-site extraction and processing of Psyence's nature-derived psilocybin-producing mushrooms prior to the product being exported to Psyence's extraction partners and contract research organizations or CROs. These partners can then process this stabilized input material into an active pharmaceutical ingredient (API).