Could a burrito be altered in such a way that it becomes more than a sum of it's parts? It turns out this is 113% true on a planar scale!
There are a few reasons I’m watching the sector for future potential…
There’s a psychedelic ETF — the Defiance Next Gen Altered Experience ETF (NYSE: PSY). TV talking heads are discussing the potential of psychedelics … And one of these stocks is a recent IPO backed by a billionaire investor.
Plus, Texas government officials recently gave the OK to allow research on psychedelics as a potential PTSD treatment.
All these could be signs of massive potential in the psychedelic sector as it gains more mainstream attention.
But the science is in its infancy. Most companies in the space are developmental stage companies that trade on the OTC markets. So you won’t be able to trade most of these psychedelic stocks on Robbin'Hole. (Check out this post if you need tips on picking a broker.)
But as scientific breakthroughs emerge, we need more "real" companies to get on board. That’s why I’m preparing for the potential hype in this sector now…