These compounds have very high sales prices too. All current ongoing trials require to purchase their controlled substance from a licenced lab such as NUMI. Not even touching much on NUMI's Health Canada licence which will make them the first public company with a Health Canada licence that authorizes possession, testing, sale, sending, transportation and delivery of psilocybin, psilocin, mescaline, DMT, and MDMA. Only after going public did they start their psychedelic M&A. However would anyone consider SHRM a pump and dump or not a legitimate player in the space? Pretty sure everyone wishes they bought SHRM day one for the ride? Because when SHRM went public all they were was a Mushroom tea company and no not even psychedelic mushrooms. Some are saying theres too much hype and that raises questions. Lots of people want to enter as low as possible but also many dont wish to miss the run they believe is coming. The anticipation everywhere to anyone paying attention is clear as day. NUMI share structure (At least for the first 4 months) is extremely tight with only 37mm and majority of that at $0.50. The sector is extremely hot as we all can see. Its about the macro and other outside factors. This is not a post purely about fundalmentals but more of a swing trade thesis. Also, super lengthy in depth reports.Īll fundamentals aside. congress debates psilocybin legalization, X province to make announcement on legalization, results of a poll.ĮDITORIAL = Anything that doesn't fit into above OR is clearly an opinion piece speculating the psilocybin market, legalization, effects, benefits, companies. REPORT = Short pieces of news that's not that exciting, not a press release, but still objective, i.e. PRESS RELEASE = Anything from a company or articles that start with "X company is pleased to announce" legalization in a state, country, province / companies merging, buyouts, getting licenses NEWS Flair = Content with big breaking news, i.e. Posts must have a clear connection to the psilocybin mushroom industry Titles must be descriptive, no click-bait titles, use article's actual title in post's wherever possible. Community Rules/Policiesīreaking any of the following rules is grounds for having your post/comment removed Please subscribe and contribute anything that relates to psilocybin investing. Global drug policy is changing, and psilocybin mushrooms are likely next in line for decriminalization, research, and sale. A community that encourages good investing practices, this sub-reddit intends to educate and prepare investors for the Mush Rush TM.
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