From acquisitions to positive study results, there have been lots of stories throughout this week in the psychedelics industry. Just today, Mind Cure Health announced the closing of a $23 million bought deal offering led by Cannacord Group. Their stock closed today up 23.33%.

If things weren’t already hot enough, cannabis and psychedelics are starting to make their way into the crosshairs of the subreddit /r/wallstreetbets. This will surely be something to keep an eye on as it develops over the next few weeks (or even days, knowing how quickly GME came and went). Read more about how the GME short selling could potentially impact the psychedelics market.

Here’s a summary of this week’s news so far:

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The post Feb 10: $SPOR +40.91%, $PSYC +35.42%, $MCUR +23.33% appeared first on Microdose Psychedelic Insights.

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