Psychedelic Sector

Psychedelics are a subcategory of psychotropics, which includes all psychoactive substances. Psychedelics are a hallucinogenic class of psychoactive drug whose primary action is to trigger psychedelic experiences via serotonin 2A receptor agonism, causing specific psychological, visual and auditory changes, and altered state of consciousness. Click on each companies to view:

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Psychedelic Market Size

The psychedelic drugs market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 16.3% in the forecast period of 2020 to 2027 and expected to reach USD 6,859.95 million by 2027 from USD 2,077.90 million in 2019. (Full article)

Psychedelic Market Report (Canaccord)

Company	Revenues ($)	Cash ($)	Total Assets ($)	Total Liabilities ($)
Nutritional High	3.11m	0.7m	16.8m	26.6m
Champignon Brands	0.32m	1.5m	14.1m	75.1k
Yield Growth	0.13m	7,047	4.9m	2.1m
Mind Medicine		19.7m	26.2m	2.39m
Red Light Holland		4.0m
Revive Therapeutics		0.7m	7.4m	1.4m
NewLeaf Brands		0.2m	23.5m	77.7k
Empower Clinics	0.66m	0.2m	4.9m	4.7m
Pharmadrug		0.4m	11.0m	3.8m
Wuhan General Group		25.0k	136k	793k
Hollister Biosciences
Mydecine Innovation
Numinus Wellness
New Wave Holdings
Duncan Park Holdings	Private	Private	Private	Private

Updated June 1, 2020

Psychedelic News

Numinus Commences Psilocybe Mushroom Cultivation at its Health Canada Licensed Laboratory

Numinus progresses on its ecosystem approach to the ultimate delivery of safe, evidence-based, accessible psychedelic-assisted psychotherapies – Numinus Wellness Inc. (“Numinus” or the “Company”) (TSXV: NUMI), a …

by Francine Mallette – Sock Drawer Investor Inc. September 24, 2020September 24, 2020

Mindleap Health Announces The Launch of The World’s First Telehealth Platform For Psychedelic Integration

— Mydecine Innovations Group Inc. (MYCO.CN) (MYCOF) (0NF.F) (“Mydecine” or the “Company”), is pleased to announce that its subsidiary Mindleap Health’s (“Mindleap” ) telehealth platform …

by Francine Mallette – Sock Drawer Investor Inc. September 24, 2020September 24, 2020

Nutritional High Provides a Corporate Update

– Nutritional High International Inc. (CSE: EAT) (OTC Pink: SPLIF) (“Nutritional High” or the “Company“)is pleased to provide the following update. Over the past 6 months …

by Francine Mallette – Sock Drawer Investor Inc. September 22, 2020September 22, 2020

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