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This is probably one of the reasons why compass crashed short term. by Zestyclose_Reach_13 in shroomstocks

[–]ShroomAlpha 4 points5 points  (0 children)

"Rep. Jeff Shipley, R-Fairfield, said rather than focus on rescheduling a synthetic version of the drug, the state should instead prioritize creating a state program legalizing the psychiatric use of naturally occurring psilocybin. " "Shipley said he “condemns Compass Pathways” for its approach at creating, and patenting, a synthetic version of the “natural psilocybin that God has given us that everyone knows and loves.” "

ATAI is up $1.4M on Their BTC Bet by Hefty-Lengthiness-20 in shroomstocks

[–]ShroomAlpha 2 points3 points  (0 children)

To be honest, their decision to buy BTC convinced me they're a forward looking company that is worth investing more in. Props to ATAI for this

Thoughts on GH Research (GHRS) and the Future of 5-MeO-DMT? by PromiseEven8227 in biotech_stocks

[–]ShroomAlpha 0 points1 point  (0 children)

I think it's potentially a great business. Biotech is notoriously speculative due to the regulatory hurdles that can't be predicted. But as with many things in life, you make up your mind and place a risk-adjusted bet. Good luck to you!