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Why the Psychedelic Drug Market is Experiencing Major Growth



David Flores, CEO of Global Trac Solutions (PSYC), joins Cheddar to discuss the company’s digital media platform ‘Psychedelic Spotlight’, factors contributing to a more open-minded approach to psychedelics among the scientific and medical communities, and why investors are seeing the psychedelic market as an opportunity for growth.

#business #psychedelics #investments

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    Today, we have a different episode for you..Usually we talk about all the things I am excited for when it comes to MindMed and MindMed stock, but today, we will visit the darker side by discussing how risky is the MindMed stock.
    It is important for all psychedelic investors to grasp that MindMed is not a sure deal. Yes, I believe that long term it will succeed, but there are certain things that could go wrong.

    We will cover the very real risks involved in investing in MindMed such as:
    1. The possibility of MindMed’s medicines being inefficacious
    – Whether of not MMED’s clinical trials succeed
    2.MindMed’s incertain long term profitability
    – Can the company scale production and training protocols?
    3.MindMed Stock volatility
    – MindMed’s market cap
    – Future short interests

    MindMed trades on the Canadian NEO Market as (MMED) and American OTC market as (MMEDF)

    MindMed is the leader in psychedelic medicines, and is my top Psychedelic Stock. Is MindMed a buy? Is MindMed a good Investment? Watch our channel to find out!

    Remember to Like, Subscribe, and SMASH that notifications bell to keep up to date on all the latest Psychedelic Stocks news!

    Follow us on social media!
    Instagram: @psychedelicinvestor
    Facebook: @thepsychedelicinvestor
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    https://mindmed.co/wp-content/uploads/2020/11/end-of-year-2019-discussion.pdf

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  • Psilocybin Trial Treating Depression CRUSHES It [Are We At A Turning Point?]

    Results Are OUT! Finally we see that psilocybin is MORE EFFECTIVE in treating depression than the commonly used SSRIS. This study, run by the Imperial College of London is the FIRST MAJOR STUDY directly comparing SSRI’s with psilocybin, the predominant method of treatment.
    The data was released on the 14th of April. So yes, this psilocybin trial treating depression CRUSHED SSRIS!
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    Though the study’s primary research objective which was purely by how much depression declined using the Quids SR 16 test, EVERY OTHER MEASUREMENT, such as using other measuring methods, decreases in Suicide ideation and percentage of patients in remission were secondary research objectives.

    And again, every secondary research objective heavily FAVORED psilocybin.

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    Link to study: https://www.nejm.org/doi/suppl/10.1056/NEJMoa2032994/suppl_file/nejmoa2032994_appendix.pdf
    So that’s it for This Week in Psychedelic Stocks fellow psychedelic investors!

    I hope you guys found some value in this and I’ll keep you posted for more changes!

    Remember to Like, Subscribe, and SMASH that notifications bell to keep up to date on all the latest Psychedelic Stocks news!

    Follow us on social media! 🙌
    Instagram: @psychedelicinvestor
    Facebook: @thepsychedelicinvestor

    If you want to collaborate shoot us an email at: thepsychedelicinvestor@gmail.com

    Music: www.bensound.com
    https://benzinga.grsm.io/jameshallifa
    ​…

    https://benzinga.grsm.io/thepsychedel
    ​…

    General thoughts. We’ve been covering decriminalization and legalization efforts for almost two months now and EVERY WEEK, we see a new state or city starting to understand that psychedelics may be beneficial to society and may be able to treat mental illnesses such as depression, anxiety, ADHD, etc. On top of that, every week, we see study after study releasing promising results on the benefits of psychedelics to treat such mental maladies. If this is not proof that the SHROOM BOOM is real, what is? As more studies are released, it’ll only become more clear that psychedelics such as psilocybin, MDMA, DMT, LSD, etc may be able to disrupt a TRILLION dollar industry and us psychedelic investors might as well extract two-fold benefits : a. getting massive returns on investment and b. contributing to make the world a better place.

    DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

    #MindMed​​​​ ​#psilocybin​​​​ #shroomboom

  • This Week in Psychedelic Stocks [Big UPDATES ON MMEDF, CMPS, FTRPF, and ATAI]

    Hello Psychedelic Investors! In this new segment entitled “This Week in Psychedelic Stocks”, we’ll see some news on MindMed (MMED / MMEDF), Compass Pathways (CMPS), Atai Life Sciences, and Field Trip Health (FTRPF/ FTRP).
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    This means we will cover any stories that affect the all the companies in this field, as well as company specific developments.

    Time Stamps
    0:00 – Intro
    0:56 – California Legalizing Psychedelics?
    2:09 – Texas Legalizing Psychedelics?
    3:33 – STOP LICKING TOADS DUDE
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    9:13 – Compass Pathways Stock Updates (CMPS)
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    17:05 – Field Trip Health Stock Updates (FTRPF/ FTRP)

    I hope you guys found some value in this and I’ll keep you posted for more changes!

    Remember to Like, Subscribe, and SMASH that notifications bell to keep up to date on all the latest Psychedelic Stocks news!
    Follow us on social media! 🙌
    Instagram: @psychedelicinvestor

    Facebook: @thepsychedelicinvestor
    Music: www.bensound.com

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    #MindMed​ ​ #MindmedStock​ #PsychedelicStocks

  • Field Trip And Wesana Make Major Moves | FTRP, WESA

    Get your 20%-off tickets to the Catalyst Psychedelics Summit in Kingston Ontario, May 20th-23rd:
    www.eventbrite.ca/e/153409882087/?discount=SPOTLIGHT20

    Join our Newsletter (scroll to the bottom of the page and sign up):
    https://psychedelicspotlight.com/

    Wesana Health May Sell Clinics to Focus Solely on Drug Development: An Analysis
    https://psychedelicspotlight.com/wesana-health-may-sell-clinics-to-focus-solely-on-drug-development-an-analysis/

    Why Field Trip Health Is Dividing in Two — and What This Means for Investors
    https://psychedelicspotlight.com/field-trip-health-dividing-two-companies-reunion-neuroscience/

    In today’s episode of the Psychedelic Investor, I discuss two major stories. First, is the news that Field Trip Health (Nasdaq: FTRP, TSX: FTRP) will be splitting into two separate companies.
    Next, Wesana Health (CSE: WESA, OTCQB: WSNAF) announced that they are considering selling all of their non-drug development assets, including their Psychedelic Therapy clinics.

    Follow us on Twitter:
    James: @Psy_Invest
    Maria: @psy_holy
    The Psychedelic Investor: @PSYCBiz
    Psychedelic Spotlight: @PsycSpotlight
    Follow us on Instagram:
    @psycbiz
    @psycspotlight

    To read more about the Field Trip situation: https://psychedelicspotlight.com/field-trip-health-dividing-two-companies-reunion-neuroscience/

    To read more about the Wesana situation: https://psychedelicspotlight.com/wesana-health-may-sell-clinics-to-focus-solely-on-drug-development-an-analysis/

    Field Trip Press Release: https://www.globenewswire.com/news-
    release/2022/04/28/2432105/0/en/Field-Trip-Health-Ltd-Announces-Intention-to-Separate-the-Field-Trip-Discovery-and-Field-Trip-Health-Divisions-Into-Two-Independent-Public-Companies.html
    Wesana Press Release: https://ir.wesanahealth.com/news-events/press-releases/detail/41/wesana-announces-singular-focus-on-drug-development

    Field Trip Health:
    In a surprise move, Field Trip Health Ltd. announced on Thursday that they will be separating their company into two independent publicly traded entities.
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    Reunion will be the successor to Field Trip’s Discovery division, which was the part of the company which worked on next-generation psychedelics. This includes FT-104, a psilocybin-like compound that is a prodrug to 4-HO-DiPT, and the company’s FT-200 series of psychedelics, which they call third-generation.

    Wesana:
    On Thursday, Wesana Health made a major announcement. Following a planned strategic review of their assets, Wesana is considering options “including, but not limited to, a sale of all the assets under the care delivery division,” including all of their psychedelic therapy clinics.
    The core reasoning, according to the press release, is that Wesana wants to focus its efforts entirely on its drug development division.
    Prior to this announcement, Wesana was operating under a philosophy centered on “developing the novel therapies of tomorrow and delivering new care paradigms today.” If this strategic review does result in the sale of their clinics and other today-focused ventures, then Wesana will be decidedly much more focused on tomorrow.

    @psycspotlight #wesana #psychedelicstocks #thepsychedelicinvestor