Medicinal Psychedelics Are About to Take Wall Street By Surprise
We've Got the Trinity Engaged with Clearmind Medicine, Inc. ($CMND), Our Next Micro-Float Gem
Medicinal psychedelics refer to the use of psychedelic drugs as part of the treatment of mental health conditions. Notable for having a low risk of physical dependence and abuse, medicinal psychedelics could be a profitable investment opportunity as research and a broader market for these substances continue to emerge.
What You should know
Development of Biotech
Biotechnology and pharmaceutical companies incur astronomical costs as part of the development of new products and processes. Extensive research time is a key reason for these costs although recreating the products and processes of competitors is relatively inexpensive (1).
By investing into patents on developments and research, biotechnology and pharmaceutical businesses can reduce the risk of copied products entering the marketplace. Yet not every biotechnology or pharmaceutical company sees a product through from design to manufacture. For smaller biotech and pharma firms, licensing their patented innovations to larger firms with the resources capable of producing them and taking them to market often makes more sense.
The success of these smaller companies depends on whether they can adequately convey the benefits of their intellectual property strategies to market participants.
Biotech and Pharmaceutical companies are responsible for some of the most innovative developments in the world.
These products are the technological advances that make life better (2).
Clearmind Medicine develops breakthrough treatments for binge behavior and mental health, including alcohol use disorder, binge eating, and depression.
The novel treatment candidates developed by Clearmind are backed by rigorous science and well-defined intellectual property. This video offers a brief look at the science behind MEAI and its related patents (4).
Medicinal psychedelics refer to the use of psychedelic drugs as part of the treatment of mental health conditions. Notable for having a low risk of physical dependence and abuse, medicinal psychedelics could be a profitable investment opportunity as research and a broader market for these substances grow.
A NOVEL SOLUTION
Over 57 million Americans report four or more episodes of heavy drinking per month with an average of seven drinks per episode (3).
MEAI exerts a euphoric alcohol-like experience and a reduced desire to consume alcoholic beverages with potential to change the lives of millions who struggle to drink in moderation.
Chart Analysis
Financials
Current Price: $3.56
1st Target: $4.09 (+14.89%)
2nd Target: $5.85 (+42.98%)
3rd Target: $5.85 (+64.33%)
Support At $3.36
Some observations:
- RSI holding Above 50 on the daily time frame
- MACD curling to the upside
- Higher high validated, higher low is currently forming
- Recent trendline break led into run-up
Exploring the Therapeutic Potential and Investment Opportunities of Medicinal Psychedelics
Medicinal psychedelics, also known as psychedelic drugs or entheogens, have shown promising potential in the treatment of a variety of mental health conditions, including depression, anxiety, post-traumatic stress disorder (PTSD), addiction, and even some physical conditions like chronic pain and migraines.
These substances have been used for centuries in traditional medicinal and spiritual practices, and have recently gained renewed interest for their potential therapeutic uses.
The Benefits of Medicinal Psychedelics
Psychedelics facilitate deep self-exploration and introspection, which can lead to profound personal insights and growth. They've been shown to stimulate neuroplasticity (7), which can lead to long-lasting improvements in cognition and behavior. These characteristics are what led to psychedelics being explored as a potential treatment for mental health conditions, especially for individuals who are resistant to traditional therapies.
Another benefit is their low risk of physical dependence and abuse. Unlike many traditional psychiatric medications, research has insofar not shown psychedelic drugs to be physically addictive. In fact, the likelihood of negative side effects becomes nearly zero when used in a therapeutic setting.
SciSparc and Clearmind Reveal Three Unique Combinations of Future Psychedelic-Based Compounds
February 22, 2023
Tel Aviv, Israel, Feb. 22, 2023 (GLOBE NEWSWIRE) -- SciSparc Ltd. (Nasdaq: SPRC) (“Company” or “SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system, announced today that as part of its ongoing collaboration with Clearmind Medicine Inc...
In Other News
Clearmind Medicine CEO, Dr. Adi Zuloff-Shani, issues a letter to the company’s shareholders.
Clearmind Medicine announces the appointment of seasoned regulatory executive Nicholas Kadysh, previously an executive for Red Bull, as special advisor for the development of MEAI as an alcohol substitute.
Clearmind Medicine announces the closing of its underwritten public offering of 1,153,847 common shares at a price to the public of US$6.50 per share (CAD$8.65), for aggregate gross proceeds of US$7.5 million.
The Board of
Clearmind Medicine
A company is only as strong as its team. Fortunately, Clearmind Medicine has incredible talent at the helm.
Sources
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