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Investing in the “Shroom Boom”
Psychedelics are being decriminalized in several places in the United States. As this occurs, research and development of effective drugs using these once banned substances may increase. That presents a potential powerful investment opportunity for those who are seeking it.
As people seek out new types of medical treatments, the psychedelic companies expand to be able to conduct even more research, which is already proving promising. Research will be tapping into the power of psychedelic mushrooms. Psilocybin, the psycho-active ingredient in psychedelic mushrooms, has the potential to treat serious illnesses such as depression, anxiety, and post-traumatic stress disorder. It might also be effective at the treatment of alcohol and tobacco addictions.
Because of the decriminalization of psychedelics, researchers have been more capable of exploring how psilocybin, could be safely used in health products and associated delivery platforms. R&D work, which is supported by prominent investors, is quickly pushing forward the understanding of the potential of psilocybin. This has allowed some companies to bring products to the market that provide a therapeutic benefit to the consumer.
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Over the past five years, a wave of academic research has emerged which supports the notion that psychedelic-inspired medicines are effective and often superior treatments for things like anorexia. In the midst of changing public perception of psychedelics comes better and more advanced research, and investors are always desired. When both legalization and commercialization both occur, we will see a real boom in “magic mushrooms” stocks prices. Hence, the “shroom boom.”
One of the leaders in the push to make mushrooms mainstream and to bring mushroom-infused wellness products to market is Champignon Brands Inc. (CSE: SHRM). This is a rare public company built around research novel molecules. Champignon is focused on the formulation and manufacturing of novel ketamine, anaesthetics, and adaptogenic delivery platforms for nutraceutical and psychedelic medicine while being supported by a leading psychedelics medicines clinic platform. The Company is pursuing the development and commercialization of rapid onset treatments capable of improving health outcomes, such as depression and post-traumatic stress disorder (PTSD), as well as substance and alcohol use disorders.
Champignon Brands has been a top-performing new psychedelics IPO. Despite the brutal market conditions the company had to deal with during their inaugural trading week, stocks performed very well with SHRM rising as much as 128% before settling in to close its first week up over 79%.
Investing in the “shroom broom” has the potential to yield some positive results. The net benefit if a solution to drugging up people with depression could revolutionize the way we treat mental disorders. There is also a door wide open to investors looking to cash in on this new medicinal adventure.
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