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Thread: Psychedelic investing and trading

  1. #181
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    I just want 5x something lol

  2. #182
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    Yes handful of names and the rest will get the rising tide, floating boat treatment.

  3. #183
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    If the best ones get 50x, and the shitcos get 5x, I can support this plan.
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    I'd be lying if I said I didn't disagree.
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    His name isn't NICEramos.

  4. #184
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    The best way to invest in psychedelics is to do them.

  5. #185
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    Buy and try!

  6. #186
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    sector is not stonkin.
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    His name isn't NICEramos.

  7. #187
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    Quote Originally Posted by ExtraSlow View Post
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    sector is not stonkin.
    I sold what I had in spor, plnt, and havn before they bombed. Picked up all in on tryp at .80, it’s pretty early for this one so the hopes are highish
    CNC Guru*

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  8. #188
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    Anyone who locked in gainz was smart. I locked in enough to have the rest as a free-roll. Basically break-even on the rest.
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    His name isn't NICEramos.

  9. #189
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    Mushrooms are back running up. Although entire market is up.

  10. #190
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    Are they? My PLNT seems to have stopped trading, or is trading so thinly that I can get my trade executed fully. Chart is grey. Can't be a good sign.
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  11. #191
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    Ah, to follow up, looks like the Neonmind business which was partly owned by Better Plant Sciences, is now listed separately and trades under CSNX: NEON.
    That's the stonkiest part of PLNT IMHO.

    I will have to look into the ownership of NEON implied in PLNT. Did find this quote:
    Currently, Better Plant owns approximately 29.6% of the
    outstanding and issued NeonMind common shares on a non-diluted basis
    Read the releases yourself probably to check my thoughts.
    https://thecse.com/en/listings/life-...t-sciences-inc

    Based on current market caps, NEON is ~$27 million and PNLT is $29 million, so PLNT owns $8 million of NEON. If ya think the NEON part of PLNT is worth holding, probably better to just buy that. I don't really love the rest of PLNT. I will work my way out of that one.
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  12. #192
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    Horizon is looking to create a Psychedelics ETF.
    https://finance.yahoo.com/news/psych...154921051.html
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  13. #193
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    If you pick the right ones for that ETF, you can get a nice bump.
    Do it prior to them buying the stocks.
    Like in weed

  14. #194
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    NUMI and MMED down lately, would've thought they'd be up these past couple of days after this story broke:
    https://www.newswire.ca/news-release...866478309.html

  15. #195
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    That news release is like saying water is wet at this point. The mental health benefits of psychedelics are know. It’s the regulations and accessibility to the public that will need to change before the stocks really move. Hopefully they can move fast because the grey market is already taking over like it did with cannabis. Over 100 mail-order-mushroom sites in Canada now that are starting to bring in a ton of cash.

  16. #196
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    Quote Originally Posted by ExtraSlow View Post
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    Horizon is looking to create a Psychedelics ETF.
    https://finance.yahoo.com/news/psych...154921051.html
    I can get in on this for exposure but agreed with what BB said.

  17. #197
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    You can actually buy shrooms through mail?! Legal?

  18. #198
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    Quote Originally Posted by mr2mike View Post
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    You can actually buy shrooms through mail?! Legal?
    Not legal but yes you can.

  19. #199
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    It’s not legal but they all ship Canada post and nobody is bothering to pursue the grey market companies or possession of the products.

    https://cannablossom.co is a great spot. Add some Fukushima pre rolls to your order too..

  20. #200
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    Quote Originally Posted by BavarianBeast View Post
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    It’s not legal but they all ship Canada post and nobody is bothering to pursue the grey market companies or possession of the products.

    https://cannablossom.co is a great spot. Add some Fukushima pre rolls to your order too..

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