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
Numinus Wellness
New Wave Holdings
Duncan Park Holdings	Private	Private	Private	Private

Updated June 1, 2020

Psychedelic News

Mydecine Innovations Group Adds World Renowned, 7-Time Nobel Peace Prize Nominee Dr. M.S Reddy to its Scientific Advisory Board

— Mydecine Innovations Group Inc. (CSE: MYCO) (OTC: MYCOF) (FSE:0NF) (“Mydecine” or the “Company”), announced today that seven-time Nobel Prize-nominated scientist Dr. Malireddy Srinivasulu Reddy …

by Sock Drawer Investor Inc. July 7, 2020July 7, 2020

Mydecine Innovations Group Adds Former Pfizer, Novartis, Yale Drug Discovery Expert to Scientific Advisory Board

— Mydecine Innovations Group Inc. (CSE: MYCO) (OTC: MYCOF) (FSE:0NF) (“Mydecine” or the “Company”), is pleased to announce that it has added world renowned drug …

by Sock Drawer Investor Inc. June 30, 2020June 30, 2020

Hollister Biosciences Inc. and Allied Corp. sign Definitive Agreement for Veteran Based Brand: Tactical Relief™

Hollister Biosciences Inc., the creator of California’s #1 hash infused pre-roll HashBone, announces definitive agreement with Allied Corp. to manufacture and distribute throughout California products targeted at veterans and …

by Sock Drawer Investor Inc. June 26, 2020June 26, 2020

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