Home | Community | Message Board

MushroomCube.com
This site includes paid links. Please support our sponsors.


Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Shop: Mushroom-Hut Mono Tub Substrate   North Spore North Spore Mushroom Grow Kits & Cultivation Supplies   MagicBag.co Certified Organic All-In-One Grow Bags   Bridgetown Botanicals Bridgetown Botanicals   Original Sensible Seeds Autoflowering Cannabis Seeds   Kraken Kratom Kratom Capsules for Sale   PhytoExtractum Maeng Da Thai Kratom Leaf Powder   Left Coast Kratom Buy Kratom Extract

Jump to first unread post Pages: 1
InvisibleLovage
Full Time Ding Dong
 User Gallery


Registered: 04/22/19
Posts: 380
Investing in medical psychedelics
    #27346952 - 06/13/21 03:47 PM (2 years, 9 months ago)

Where would I look to find out how to invest in the psychedelics industry? I don’t even know where to begin on this. Ty


--------------------
Dear God, did you see all the boobs on that guy…

Extras: Filter Print Post Top
OfflineHikeadellic
Fungi Fan
Male


Registered: 08/31/20
Posts: 1,227
Loc: Appalachian Trail
Last seen: 4 days, 16 hours
Re: Investing in medical psychedelics [Re: Lovage]
    #27346960 - 06/13/21 03:55 PM (2 years, 9 months ago)

Do you have any experience investing in the stock market?

There are several publicly traded psychedelic companies listed on the NASDAQ

Extras: Filter Print Post Top
InvisibleLovage
Full Time Ding Dong
 User Gallery


Registered: 04/22/19
Posts: 380
Re: Investing in medical psychedelics [Re: Hikeadellic]
    #27346969 - 06/13/21 04:01 PM (2 years, 9 months ago)

No I do not but I am not afraid to learn. Just not really sure where to start. What would those companies be called?

Ty for your time


--------------------
Dear God, did you see all the boobs on that guy…

Extras: Filter Print Post Top
Offlinescreamshape
Stranger
Registered: 03/16/19
Posts: 12
Last seen: 2 years, 7 months
Re: Investing in medical psychedelics [Re: Lovage]
    #27346978 - 06/13/21 04:09 PM (2 years, 9 months ago)

I know Mind Medicine is the one a lot of people think is a good investment. The stock symbol is MMEDF.

Extras: Filter Print Post Top
OfflineHikeadellic
Fungi Fan
Male


Registered: 08/31/20
Posts: 1,227
Loc: Appalachian Trail
Last seen: 4 days, 16 hours
Re: Investing in medical psychedelics [Re: Lovage]
    #27347064 - 06/13/21 05:50 PM (2 years, 9 months ago)

Mind Med is one

r/shroomstocks is another community that talks about it

When you get comfortable with buying/selling shares and want to add more risk to your portfolio you can learn about options.

Extras: Filter Print Post Top
OfflineEnkidu
"No-Such-Person"
Male

Registered: 07/09/16
Posts: 10,698
Last seen: 8 months, 8 days
Re: Investing in medical psychedelics [Re: Hikeadellic]
    #27347112 - 06/13/21 06:37 PM (2 years, 9 months ago)

Youll probably want to choose a brokerage platform

Webull is a pretty straight forward mobile app which i use.

I found it very newb friendly and easy to navigate.

With so many unknowns about the industry and with it being early and emerging, might be hit or miss a bit on companies and stocks.

Def do your dd first.

Might wana follow along here

https://www.shroomery.org/forums/showflat.php/Number/27345253#27345253

Geo is worth paying pretty close attention to

Also id recommend watching videos and educating yourself on the stock market a bit and consider everything going on that impacts the market short and long term if you're serious about getting into actively investing for yourself.

It can seem like a lot and a bit overwhelming at first, but you might be surprised how quickly you can get a grasp on everything to at least form some decent ideas on whats going on and what to do

Id say learn learn learn

Would be pretty easy to open an account, add funds, research some companies, then purchase some stock and forget about them


--------------------
Within You , Without You


:mushroom2::levitate::mushroom2:

Extras: Filter Print Post Top
InvisibleGood for Health
Male User Gallery


Registered: 09/21/20
Posts: 208
Re: Investing in medical psychedelics [Re: Enkidu]
    #27350508 - 06/16/21 10:30 AM (2 years, 9 months ago)

I've created my own psychedelic research ETF.  Bought a bunch of shares of the psychedelic medicine stocks below.

500 shares of BRAXF.
100 shares of CLXPF.
150 shares of LKYSF.
100 shares of MNMD.
500 shares of NMBDF.
250 shares of RVVTF.

I'm in the green w/ CLXPF, LKYSF & MNMD (my best performer).

Extras: Filter Print Post Top
Offlinebio_alchemist
Shroom Operator
Male


Folding@home Statistics
Registered: 03/21/18
Posts: 590
Loc: Florida
Last seen: 12 hours, 15 minutes
Re: Investing in medical psychedelics [Re: Good for Health]
    #27402246 - 07/25/21 11:18 PM (2 years, 7 months ago)

I sold %90 of my Cybin Stock when it hit $2.00 for double what I put in assuming it was going to crash back down like a lot of my other stocks. But it didnt. It hit $3 today hah. Cant bring myself to get back in at that price :sad:



--------------------
vVvVv I Buy and Sell MONERO! USD for XMR vVvVv


Check out my Monero Guide to Economic Freedom!!!

Extras: Filter Print Post Top
InvisibleGood for Health
Male User Gallery


Registered: 09/21/20
Posts: 208
Re: Investing in medical psychedelics [Re: Good for Health]
    #27540145 - 11/12/21 07:01 AM (2 years, 4 months ago)

Thought I'd give a quick update about my stocks...  They're all in the red!  I ain't selling but buying more.  IMO the future of psychedelic medicine is bright.

BRAXF - 1,000 shares (-59.48%)
CYBN - 300 shares (-6.93%)
LKYSF - 250 shares (-24.55%)
MNMD - 250 shares (-5.46%)
NMDBF - 500 shares (-30.70%)
RVVTF - 250 shares (-9.29%)

Extras: Filter Print Post Top
InvisibleTheFakeSunRa
Bitch Splitter
 User Gallery


Registered: 03/01/05
Posts: 16,449
Loc: Dirdy SOUF
Re: Investing in medical psychedelics [Re: Good for Health]
    #27540323 - 11/12/21 09:46 AM (2 years, 4 months ago)

Quote:

Good for Health said:
Thought I'd give a quick update about my stocks...  They're all in the red!  I ain't selling but buying more.  IMO the future of psychedelic medicine is bright.

BRAXF - 1,000 shares (-59.48%)
CYBN - 300 shares (-6.93%)
LKYSF - 250 shares (-24.55%)
MNMD - 250 shares (-5.46%)
NMDBF - 500 shares (-30.70%)
RVVTF - 250 shares (-9.29%)




Yikes!


--------------------
[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]

Extras: Filter Print Post Top
InvisibleAhab McBathsalts
OTD Windmill Administrator
Other User Gallery Ultimate Champion: Blackjack


Folding@home Statistics
Registered: 11/25/02
Posts: 35,161
Loc: Wind Turbine, AB Flag
Re: Investing in medical psychedelics [Re: TheFakeSunRa] * 1
    #27541368 - 11/13/21 06:08 AM (2 years, 4 months ago)

This whole industry is pretty early and most are making very little revenue. Things look promising, but they don't really have much of a business model yet. It will continue to evolve and I'm sure that in time valuable companies will emerge. I wouldn't expect stocks to do much for 3 or 8 years. It could be a while, but the product is top shelf.


--------------------
"Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."

Extras: Filter Print Post Top
InvisibleAsante
Omnicyclion prophet
Male User Gallery

Registered: 02/06/02
Posts: 87,291
Re: Investing in medical psychedelics [Re: Ahab McBathsalts]
    #27543827 - 11/15/21 05:31 AM (2 years, 4 months ago)

Please realize guys that with the cannabis boom, the average weed user uses several grand worth of weed a year, and the average Shroomer, a few tenners.

I think the money here is in treatment centers more than grow ops.


--------------------
Omnicyclion.org
higher knowledge starts here

Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,563
Loc: city of angels Flag
Last seen: 1 day, 1 hour
Re: Investing in medical psychedelics [Re: Lovage] * 1
    #27543953 - 11/15/21 08:24 AM (2 years, 4 months ago)
Log in to view attachment

We were approached last year by a Canadian upstart with the intent to acquire the Shroomery.  While their initial rollout is centered around more conventional mushroom extracts, they have ambitions to enter into the psychedelic realm as soon as their permitting and the legal landscape will allow.  From the attached document:

Quote:

Psychedelic R&D

We are pleased to announce the filing of our Dealers License application through
Health Canada. The granting of the Dealer’s License will permit the Company to have
legal access to controlled substances, including psilocybin and psilocin, which would
allow the Company to produce, cultivate, extract, process and distribute novel strains
of psilocybin mushrooms for research purposes and sale of such to authorized
parties. In conjunction with our R&D efforts, Dr. Olivier Wellman has joined the
Company as the Qualified Person in Charge (QPIC) and will help facilitate the
Company’s R&D initiatives once the Dealer’s License application has been approved
and issued. Dr. Wellman holds a PhD in Molecular Biology, an MBA in
Pharmaceutical Marketing and Management, and a Bachelor of Science in
Pharmacy.


Doseology’s Flagship Clinic in Oregon

Doseology has already spent considerable time on the ground navigating the
framework for legalized psilocybin therapy centers in Oregon. The Company plans to
quickly set up key infrastructure in the state, within the legal framework of Measure
109, by partnering with established medicinal mushroom producers, licensed mental
health practitioners, and university-affiliated research labs. Doseology is positioned
to be a strong first-to-market player in Oregon, the first jurisdiction to roll out
legalized psilocybin. In other jurisdictions, Doseology intends to establish branded
clinics that will offer legal & psychedelic-directed therapies.




The company, Doseology, is going public on the CSE today under the symbol MOOD. :rockon:

I've attached their most recent shareholder update to this thread for anyone who is interested.  Obviously, we rejected their fair offer for acquisition, as we genuinely enjoy this project and want to keep it relatively free from commercial interests, however we did invest directly in their Series A raise.  Let's see what happens!


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...

Extras: Filter Print Post Top
Offlinedobro
Stranger
Registered: 12/09/21
Posts: 4
Last seen: 2 years, 3 months
Re: Investing in medical psychedelics [Re: geokills]
    #27575338 - 12/09/21 09:53 PM (2 years, 3 months ago)

I’m brand new here and this thread caught me. I’m no Wall St slick but I have a little float of pot stocks and a small bit of MNMD. I’m wanting to add more and even knowing it’s probably an uphill fight, i think there’s a future here. From what little I’ve read, they seem to be getting real results and that can’t be overlooked forever.

Extras: Filter Print Post Top
OfflineAjlawson2
Lurker
Male
Registered: 12/08/21
Posts: 1
Loc: Californication
Last seen: 1 year, 1 month
Re: Investing in medical psychedelics [Re: dobro]
    #27576013 - 12/10/21 11:36 AM (2 years, 3 months ago)

First post and it’s on the topic of stocks! lol
My advice would be to put a a little bit of money that you can afford to lose into “alternative medicine” stocks. Make sure to not get emotional over the Gains and losses and slowly add to the totals over time. I firmly believe that these stocks are the way of the future. You only need one of them to take off to do well and many of them are trading under $1 per share. I’ve been investing in them since July of 2020, had multiple ups and downs but I keep adding shares! This is my secret retirement plan, if it pays off great, if not then I at least put what I could afford to lose into something I strongly believe in! Once one company takes off I think they will all benefit. The ongoing studies are looking very promising!
Best of luck! Here are my share totals not that it matters.

Current totals as of 12/08/21

Atai 80 @ 15.25
Bionomics 8000 @ .16
compass 31 @ 32.25
Cybin 215 @ 1.49 and
Cybin 1200 @ 1.76

Fieldtrip 60@ $3.97
FTRP 18 @ 4.89
FTRP 211@5.37 and multiple options contracts expiring 6/2022
IGXT 2083 @ .47
Mindmed MNMD 6222 @2.56
1511@2.97
115@3.41 total

Numi 3302@ .81

Revive RVVTF
3630@0.37
5549@0.36


--------------------
Ermm..I’m trying

Edited by Ajlawson2 (12/10/21 12:20 PM)

Extras: Filter Print Post Top
InvisibleMojo
Stranger

Registered: 07/12/07
Posts: 1,677
Re: Investing in medical psychedelics [Re: geokills]
    #27590939 - 12/22/21 05:04 PM (2 years, 3 months ago)

Quote:

geokills said:

The company, Doseology, is going public on the CSE today under the symbol MOOD. :rockon:





How would someone in the USA purchase stock on the Canadian Securities Exchange?

Extras: Filter Print Post Top
InvisibleGood for Health
Male User Gallery


Registered: 09/21/20
Posts: 208
Re: Investing in medical psychedelics [Re: Mojo]
    #28255910 - 03/31/23 09:16 AM (11 months, 22 days ago)

Well things haven't gotten any better since my last post. They've gotten a lot worse...  Still adding positions every so often.

ATAI - 100 shares (+ 9.06%)
BRAXF - 12,500 shares (- 71.93%)
CYBN - 3,000 shares (-54.33%)
LOBEF - 10,000 shares (+ 6.81%)
MNMD - 175 shares (-64.52%)
NMDBF - 66 shares (-99.93%)
NUMIF - 1,000 shares (-52.29%)
RVVTF - 5,500 shares (-67.18%).

Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,563
Loc: city of angels Flag
Last seen: 1 day, 1 hour
Re: Investing in medical psychedelics [Re: Mojo]
    #28255966 - 03/31/23 10:11 AM (11 months, 21 days ago)

Quote:

Mojo said:
Quote:

geokills said:

The company, Doseology, is going public on the CSE today under the symbol MOOD. :rockon:





How would someone in the USA purchase stock on the Canadian Securities Exchange?




Hey, sorry I missed your question so long ago.  Some brokers will allow you to purchase securities on international exchanges for an extra fee, you'll have to ask your broker if you have this option.  Alternatively, you can often find mirror assets on the OTC exchanges.  These are unregulated and very light volume, so trade at your own risk.  Doseology can be traded on domestic US discount brokers via the OTCQB, under the ticker DOSEF.

Note, these companies are not doing well and although the Shroomery's parent company still holds its initial investment in Doseology, I would not personally recommend allocating money to the space right now.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...

Extras: Filter Print Post Top
InvisibleGood for Health
Male User Gallery


Registered: 09/21/20
Posts: 208
Re: Investing in medical psychedelics [Re: Good for Health]
    #28689729 - 03/07/24 09:05 AM (21 days, 5 minutes ago)

Anyone see MNMD jumping 50% today?  Hopefully their FDA approvals are going to push the psychedelic medicine train full steam ahead.

Extras: Filter Print Post Top
InvisibleAhab McBathsalts
OTD Windmill Administrator
Other User Gallery Ultimate Champion: Blackjack


Folding@home Statistics
Registered: 11/25/02
Posts: 35,161
Loc: Wind Turbine, AB Flag
Re: Investing in medical psychedelics [Re: Good for Health]
    #28690366 - 03/07/24 04:45 PM (20 days, 16 hours ago)

I took my 90% loses and put them against some winners.


--------------------
"Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."

Extras: Filter Print Post Top
Jump to top Pages: 1

Shop: Mushroom-Hut Mono Tub Substrate   North Spore North Spore Mushroom Grow Kits & Cultivation Supplies   MagicBag.co Certified Organic All-In-One Grow Bags   Bridgetown Botanicals Bridgetown Botanicals   Original Sensible Seeds Autoflowering Cannabis Seeds   Kraken Kratom Kratom Capsules for Sale   PhytoExtractum Maeng Da Thai Kratom Leaf Powder   Left Coast Kratom Buy Kratom Extract


Similar ThreadsPosterViewsRepliesLast post
* Crypto tax question cez 298 2 03/07/24 07:10 PM
by cez
* Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects
( 1 2 3 4 ... 508 509 )
geokillsA 252,681 10,172 03/27/24 11:59 AM
by budmanman
* Bankruptcy - who else has done it? Mystikal 116 2 03/06/24 10:46 AM
by B Traven
* Singularitynet
( 1 2 3 4 5 all )
budmanman 3,424 86 03/10/24 03:47 PM
by budmanman
* STOCKS - An Intro Tutorial & Ongoing Discussion
( 1 2 3 4 ... 291 292 )
geokillsA 297,608 5,833 03/27/24 06:31 AM
by The Blind Ass
* converting/swapping ETH to BTC on ledger ForresterM 334 4 03/03/24 10:10 AM
by geokills

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, automan
1,164 topic views. 0 members, 0 guests and 1 web crawlers are browsing this forum.
[ Show Images Only | Sort by Score | Print Topic ]
Search this thread:

Copyright 1997-2024 Mind Media. Some rights reserved.

Generated in 0.029 seconds spending 0.008 seconds on 14 queries.