Psychedelic investing and trading

[BavarianBeast]

What are your big psychedelic holdings these days extra slow?

Allocating about 5% of my portfolio to psychedelics. In NUMI, HAVN, FTRP, ENBI.. looking at buying a couple more.

[ExtraSlow]

HAVN, MYCO and PLNT.

[BavarianBeast]

Right on! Myco looks like it could be a good one. Have to do some more reading on PLNT..

Just to clarify PLNTs involvement with psychs, they are using their subsidiary neonmind to produce non-psychedelic mushroom supplements and eventually get into psilocybin?

[ExtraSlow]

I own, but am not crazy about plnt. Probably better to buy neonmind directly since it's also listed.

[BavarianBeast]

That’s where I was at now with it, thanks

[ExtraSlow]

I mean the rest of PLNT might be a profitable business. But it's a different business model and investment concept.

[phreezee]

Seeing some youtubers starting to pump ENBI.

[tcon]

Pretty much out of psychedelics for now with the exception of a small position in TRYP @ 0.69
It just seems so hectic, there are a million companies to invest in now but to be honest I don't ever see the rec market being huge, especially with how lackluster the cannabis market has been compared to expectations.
Luckily for the first time in my life I managed to sell at the peak so I'm happy with that.

[ExtraSlow]

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Pretty much out of psychedelics for now with the exception of a small position in TRYP @ 0.69
It just seems so hectic, there are a million companies to invest in now but to be honest I don't ever see the rec market being huge, especially with how lackluster the cannabis market has been compared to expectations.
Luckily for the first time in my life I managed to sell at the peak so I'm happy with that.

Nice. I applaud the gainz.

[gretz]

I’m at .82 for tryp... dipped pretty good for a while but seems to be catching some wind. They have a couple big shows they are going to be in coming up on the 26th, hopefully they gain some traction after that

[BavarianBeast]

I’ve had a buy order for MYCO at 53 cents for a couple hours now and it won’t fill. Don’t want to be the one to make it jump to 54 lol

ahh there we go. In for 53 cents. I like the look of this one

[BavarianBeast]

ENBI and NUMI beginning to run again.

[BavarianBeast]

Great day fellas.

Think that calls for a celebration

[jabjab]

RVV is a bargain right now, i see this going to a dollar within a few months

[ExtraSlow]

Anyone done thier DD on MXT medextractor? Seen a pump article with zero credibility liked it.

[BavarianBeast]

I know a few people with their extraction machines that all sell on the grey market. That’s about it. Easy industry to enter, i wouldn’t expect much from them.

Horizon etf looking like

11.40% MIND MEDICINE MINDMED INC
10.90% Compass Pathways PLC
10.80% NUMINESS WELLNESS INC
9.82% CYBIN INC
8.24% GREENBROOK TMS INC
8.08% FIELD TRIP HEALTH LTD
7.98% RED LIGHT HOLLAND CORP
7.89% SEELOS THERAPEUTICS INC
5.52% REVIVE THERAPEUTICS LTD
5.37% ABBVIE INC
5.33% JOHNSON & JOHNSON
4.44% MYDECINE INNOVATIONS GROUP INC
4.40% HAVN LIFE SCIENCES INC
3.24% ENTHEON BIOMEDICAL CORP
3.10% MIND CURE HEALTH INC
3.00% PSYCHED WELLNESS LTD
1.90% NOVA MENTIS LIFE SCIENCE CORP

[BavarianBeast]

[ExtraSlow]

I'll have to read the prospectus for that ETF and how they allocate weightings.

Also the notes from the investor relations guy aren't wildly compelling either. Sounds like any investor relations guy in any industry. "growth is coming, maybe".

But I'm a little jaded. Clearly I like the sector.

[BavarianBeast]

Any stock I’ve held to uplisting has gone up drastically. It’s also good they’re breaking out the cannabis products, it’s not what I’m looking to invest in.

Got into Cybin today too.

[ExtraSlow]

Agree being on the "big boy" exchanges is a positive. I like MYCO and am happy holding it.