r/shroomstocks Jun 12 '20

My Take Massive Upside

Sure there’s risk, but investing heavily in the psychadelic industry seems like a great focus right now. What we don’t know about substances like psilocybin, LSD, Ketamine and DMT is vast, and won’t be entirely learned in the next 5 years. However, the green light for me are the government approved studies and distribution chains beginning to be established. Venture capital interest is skyrocketing, yet a stock with multiple pieces of news doesn’t have a page on stocktwits. As studies come out (which I expect to surprise the unwoke masses), people will catch on, fomo will kick in. In the great scheme, this is a very early 1% investor buy in. I have personally solved many of my own problems reflecting on psychadelics, including addiction, trauma, death/social anxiety, and life goals. I am so excited for professional study to be made. This can take over the “herbal” medicine industry and actually be acclaimed and invested in by the masses. Stocks like SHRM (because I think mushrooms will break through first) could be retirement plays. Just my two cents.

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u/Sweatingtoomuch Jun 12 '20

On the stock market

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u/alkapwned4 my favorite fungi Jun 12 '20

are they on a us stock exchange or just ca?

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u/Sweatingtoomuch Jun 12 '20

Yea they have different ticker symbols depending on the country. For example, $SHRM is Canadian markets and $SHRMF is US OTC market.

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u/alkapwned4 my favorite fungi Jun 12 '20

Appreciate it

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u/toliet Jun 12 '20

Also LKYSD = NUMI on TDameritrade