Has The Homebuilder Rally Gotten Ahead of Itself? And Are Psychedelics the Next Cannabis Trade? 6/27/23
CNBC's "Fast Money"
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Psychedelic Therapy: The Next Cannabis?
Wall Street is making big bets at psychedelic drugs like MMDA and psilocybin could soon go mainstream as treatments for mental health. The recent investment boom could help the industry grow even faster than the cannabis sector with brand essence projecting that the market valuation of psychedelics could reach nearly $12 billion by 2029. After the break, a real trip to psychedelic therapy be the next cannabis. How medicinal mushrooms are entering the mainstream and how you can invest when fast money returns.
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