Mind Medicine (MindMed) Inc (MNMD)

[BefallenKnight]

It’s actually quite insane that LSD, psilocybin, MDMA and cannabis are Schedule 1 which means they are deemed to be highly addictive with no medicinal value. I’m not a conspiracy guy but the prohibition of those drugs under those circumstances is nothing short of criminal. Xanax, opiates and so many other drugs have killed millions and been abused every which way since Sunday.

The problem with re-scheduling is that the DEA and US govt has to say “oops, we were wrong about the war on drugs”. Even worse, when these drugs become more widely available and used to safely, EFFECTIVELY treat many ailments people will start to wonder about why the govt lied to people about the drugs.

This is a watershed moment. Not only is the re-scheduling/legalization massive but the malicious prohibition is being questioned and people will want answers.