Anyone actively investing in stocks to do with psilocybin mushrooms?
Global drug policy is changing, and psilocybin mushrooms are likely next in line for decriminalization, research, and sale.
Over the past two years there have been many encouraging developments in the space. Progressive U.S cities such as Denver, CO; Oakland, CA; and Chicago, IL have chosen to decriminalize the fungi, and 2020 state ballot initiatives are underway for the states of California (Decrim.) and Oregon (Medical use). Psilocybin start-ups and research labs are starting to appear across Canada, the U.S, and globally.
Think there is huge huge opportunity here due to what we’ve seen in the weed industry. Getting into mushroom stocks now feels like getting into weed stocks before they blew up imo.
The three public business involved in this industry are:
- Roadman Investments Corporation (TSXV:LITT)
- Wuhan General Group China Inc (OTC:WUHN)
- Yield Growth Corporation (CSE:BOSS)