THE NASCENT PSYCHEDELIC industry is booming as several companies have gone public and more are expected to follow this route in 2021 to attract more capital from institutional and retail investors.
Should psychedelic drugs be decriminalized in Mass.? Advocates see opening
Somerville in January became the first jurisdiction in Massachusetts to move toward decriminalizing plant-based psychedelic drugs, with city leaders voting unanimously to recognize the medical uses of natural entheogens — including psilocybin, the active ingredient in “magic mushrooms” — and make them among the lowest enforcement priorities for local police.
Cybin Announces Closing of Upsized Bought Deal Offering
Cybin has closed on a CAD$34 million bought deal financing. Has raised nearly CAD$90 million to date.
Silver Decoupling: History’s Greatest Commodity Re-Pricing About To Begin
The price of silver is "decoupling". There are TWO prices for silver today. The bankers' price. And the real price.
Virginia Marijuana Legalization Bills Cleared For Full Senate And House Votes This Week
Bills to legalize marijuana in Virginia advanced out of two committees on Wednesday, the final step before full floor action.
Gold, silver coin demand surging, straining U.S. Mint's capacity
NEW YORK (Reuters) - The United States Mint said on Tuesday it was unable to meet surging demand for its gold and silver bullion coins in 2020 and through January, due partly to pandemic-driven demand and plant capacity issues.
Copper price climbs as Citi analyst predicts market deficit in H2
Copper prices bounced back on Wednesday despite concerns of weaker demand ahead of a major holiday in China, the world’s top consumer.
Pot stocks boom as industry sees prohibition ending
GameStop and the "meme" stocks have attracted much of the market's attention in recent weeks, but cannabis stocks have been the market's real standout in 2021 thanks to renewed expectations of U.S. legalization.
Florida Lawmaker Wants to Legalize Psychedelic Mushrooms by 2022
Although Florida has a history of being slow on the draw when it comes to legalizing drug use (see: the failed effort to legalize recreational marijuana), a Florida lawmaker is hoping the state will take the leap into psychedelics and legalize medical mushrooms as early as 2022.
New Mexico Senators File Two Marijuana Legalization Bills, With More On The Way
The first slate of what’s expected to be several bills to legalize marijuana in New Mexico this year were introduced on Monday.
The Road To Psychedelics Legalization, Part 2: Psilocybin and MDMA
Psilocybin and MDMA stand out as the two psychedelic drugs with the shortest paths to legalization.
Gold price boosted by silver-buying frenzy
Gold prices received a slight boost on Monday amid the market frenzy over its sister metal silver, whose price surged more than 11% earlier to an 8-year high.
