Market Research

Psychedelic Invest is your source for the latest business and investing news about the burgeoning psychedelics industry.

How Crowdfunding is Fueling Growth in the Psychedelic Industry

Aug 18 • 6 min read

Psychedelics are creating an alternative form of healthcare, so it is only reasonable that the industry would seek out alternative sources of funding. Nearly all businesses in the psychedelic industry are in the early stages of development, so companies are searching for funding in a less-than-favorable economic environment. While there are traditional investment opportunities available…

Cybin Finacial Analysis: Future Prospects are Uncertain

Aug 16 • 3 min read

On Monday, Cybin released the financial results for its first quarter, ending June 30, 2023. As of June 30, 2023, the company had $9.4 million (Canadian dollars) in cash. It translates to about $6.9 in US Dollars. The press release also included the current cash position, which is $18 million as of August 14, 2023,…

COMPASS Pathways Financial Analysis: Road to Profitability

Aug 15 • 3 min read

COMPASS Pathways has been making waves since its inception, and this year is no exception. The company released its second-quarter financial report and business update on August 3. It provides a visual road map of where the company is and its pathway to profitability. During the second quarter of 2023, COMPASS obtained $55.9 million through…

Psychedelics and AI: A Futuristic Perspective on Legalization

Aug 11 • 8 min read

Today, we will adventure down a particularly head-spinning rabbit hole that is the intersection between artificial intelligence and psychedelics. These two novel tools have one fascinating caveat in common: no one fully understands them and what their implications for the future of humanity are. So naturally, we decided to ask AI what it thinks about…

Psychedelic Legalization is Contagious: Here is Where It is Happening

Aug 10 • 6 min read

Psychedelic legalization in the US first took place in 2020 when Oregon voted to legalize psilocybin use. Just three years later, an influx of other states are looking into the benefits of psychedelics and working to increase access. Psychedelic legalization efforts are spreading across the country. In the next ten years, there will be a…

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