Are Magic Mushrooms Set to be Bigger Than Cannabis on the Market
Psychedelics are the new wave. The most recent total estimated market size for these hallucinogen drugs could be as high as $100 billion. It has proven to be effective in treating mental disorders like depression, PTSD, eating disorders and anxiety and taken in a variety of forms, from caplets to gummies. With clinical trials being expedited, time is of the essence. Specifically there are currently a dozen psychedelic clinical trials underway in the US and companies are lining up. Similar to cannabis, drugs like psilocybin can be legalized by states or municipalities. This article recommends exercising caution with ventures and timing, since drug approvals can take several years, and we say the same. But with most people throwing all their money in Game Stop or Bitcoin, it’s vital to stay informed and invest wisely.
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