Interest in the medical use of psychoactive drugs increasing

  • 05/27/2021
  • Source: BIV
  • by: Albert Van Santvoort
Interest in the medical use of psychoactive drugs increasing

Psychedelics aren’t just for Woodstock anymore.

In a quest to fill a seemingly insatiable appetite for new markets and after witnessing the success of the cannabis industry, many venture capitalists are looking for investment opportunities on the frontiers of research into psychedelic drugs.

“Right now there seems to be a tremendous amount of interest in getting these ideas up, running and funded,” said Robert Tessarolo, president and CEO of NeonMind BioSciences Inc. (CSE:NEON). “There’s a lot of wind in the sales of this industry, money flowing in, capital flowing in.”

Psychedelics are being used to treat health issues ranging from post-traumatic stress disorder to obesity. Proponents claim that the way psychedelics affects users’ thinking can allow patients to confront deep subconscious issues and address the root of the problem.

Exclusives

Oil & gas prices are up. But many O&G stocks have yet to follow. Where should investors look for value opportunities?


DYNAMIC WEALTH RESEARCH

Analysis and insights into the newest trends and industries shaping the world and your wealth.

The world is more dynamic than at any time in History.
New Markets are opening up. Technology is accelerating. It’s changing everything.

And creating fortunes in the process.

Dynamic Wealth Research exposes the biggest and most profitable changes for our readers.
SHARE DYNAMIC WEALTH RESEARCH
© 2016 - 2024 DYNAMIC WEALTH RESEARCH, Privacy Policy, Disclaimer