The U.S. election has become a major political circus. With investors distracted and the media focused elsewhere, psychedelic stocks are temporarily at low tide.
Platinum price forecast: positive backdrop signals further upside ahead
The price of platinum has surged above its pre-pandemic highs since 2021 started, as the imbalance between demand and supply levels has kept the post-pandemic bull run going.
Gold and silver push higher before the EU open
(Kitco News) - Gold (0.42%) and silver (1.16%) are both trading higher at the start of the week leading into the EU open. Risk sentiment has been poor overnight as the Nikkei 225 closed 0.97% in the red with the ASX also down -0.78%.
Local Massachusetts Lawmakers Unanimously Approve Psychedelics Decriminalization Measure
Local Massachusetts lawmakers on Thursday unanimously approved a resolution to decriminalize a wide range of psychedelics—the latest in a national movement to reform laws on entheogenic plants and fungi.
Psychedelic Schools for ‘Shamans’ Are Popping Up Like Mushrooms
Even before Oregon and Washington, D.C., decriminalized medical psilocybin, the active ingredient in “magic mushrooms,” in November, a market was emerging for schools that teach mental and medical health professionals how to use psychedelics in their treatment.
Despite Losses, Canadian Cannabis CEOs Among Nation’s Highest-Paid Executives
Several Canadian cannabis company CEOs were among the highest paid corporate executives in the nation in 2019, according to a Centre for Policy Alternatives’ analysis titled “The Golden Cushion: CEO compensation in Canada.”
Cybin Announces CDN$20 Million Bought Deal Offering
Cybin Corp announces a CAD$20 million financing at a unit price of CAD$2.25.
Biden Stimulus Adds Fuel to Copper Rally
Investors are ramping up wagers that the Biden administration’s focus on economic stimulus and electric vehicles will turbocharge a monthslong climb in copper and other industrial metals.
Bullish sentiment drives copper price to 8-year high: MI
London — The copper price bull run has continued in the New Year, with the London Metal Exchange cash benchmark surging to $8,146/mt Jan. 8, the highest closing since February 2013, S&P Global Market Intelligence said.
Peter Thiel-backed psychedelics start-up targets schizophrenia ahead of IPO
LONDON — ATAI Life Science, a Peter Thiel-backed start-up, has taken a majority stake in Recognify, a company that is developing drugs to help treat schizophrenia.
Feds To Send Marijuana And Hemp Samples To Labs As Part Of Large-Scale Testing Accuracy Study
A federal science agency is inviting labs to participate in a large-scale study to assess their ability to accurately analyze marijuana and hemp samples for their cannabinoid profile and possible contaminants.
Raging Rhodium: Platinum group metal rockets to record highs of more than $20,000 an ounce
Rhodium has roared into 2021 like a lion on steroids.