Prior to importing a Photoshop file into Storyboard, properties that are unique to Photoshop like layer effects, blending modes, layer fill percentages or masks need to be rasterized or converted to smart objects in order to maintain the same appearance when they are brought into Storyboard.
By converting content with Photoshop specific rendering to smart objects, the editability within Photoshop still exists while the objects import to Storyboard as expected.