Tag: psychedelics

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Fox News

Former Navy SEAL: Psychedelics ‘saved my life’

Former U.S. Navy SEAL Marcus Capone joined 'Kennedy' to review the duty psychedelics play in treatment for PTSD, depression and dependency for veterans. #foxbusiness #kennedy

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Kitco News

Why MindMed stock doubled in one day – JR Rahn

The day MindMed detailed on the NASDAQ in late April, the share price greater than doubled in eventually from $2.73 a share to $5.80.

JR Rahn, Chief Executive Officer of MindMed, discusses with David Lin, support for Kitco News, who the climbing financiers of the firm are, as well as the future jobs that the firm is carrying out.

0:00 – NASDAQ listing of MindMed
2:55 – WallStreetBets and MindMed
10:55 – Partnership with Deepak Chopra
18:15 – FDA approval process
20:53 – New job growths
23:03 – M&A in biotech room

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Kitco News

Everyone said ‘no’ to MindMed, now it’s worth $2 billion with ‘unicorn’ status

MindMed (MMED.NE) has gone beyond the $2 billion market cap on Monday when shares rose 35% by noontime. Year-to-date, the business's stock rose greater than 10 times, from 53 cents in March to $5.60 by the end of the trading day.

JR Rahn, founder and co-CEO informs his tale of taking this biotech from beginning to 'unicorn' condition in under 3 years.

0:00 – What is driving supply rise?
2:55 – Risks?
5:12 – Source of capital flows
6:55 – Origins of MindMed
11:07 – Getting over rejection
13:13 – Development of market as well as future of MindMed
17:11 – Psychedelics are damaging?
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Kitco News

Biotech stock MindMed climbs 70% after Oregon legalized psychedelics

Previously this month, Oregon ended up being the very first state to legislate using psilocybin for medicinal functions with Procedure 109, and also decriminalized the use of all medications with Step 110.

Since the Actions come on November, MindMed shares (MMED.NE) has actually risen 70%, last trading at $1.55.

The legalisation of psilocybin mirrors the climbing popularity of healing substance abuse at a time when psychological wellness issues are on the rise because of COVID-19.

" This isn't simply particular to the state of Oregon. 40% of Americans in the middle of COVID-19 had a psychological health and wellness incident and also drug abuse problem. 11% of Americans thought about suicide," said JR Rahn, creator as well as co-CEO of MindMed.

0:00 – Oregon legalizes psilocybin
2:24 – Growing mental health crisis
5:23 – Government regulation of psychedelics
7:16 – MindMed supply
10:03 – FDA approval procedure
11:45 – Marijuana sector

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Kitco News

Why Kevin O’Leary partnered with MindMed; humanity faces growing mental health crisis

The economic downturn and also lockdowns around the globe have actually created a substantial spike in reported psychological wellness conditions. In the U.S., as an outcome of joblessness as well as the quarantines, 40% of adults reported mental wellness as well as material use in June. 11% seriously considered suicide, up from only 4% in 2019, according to the Centers for Illness Control and also Avoidance.

Companies like MindMed are developing drugs to aid individuals battle psychological health problems.

" Mental wellness and also addiction are going to be around for the following 10 to twenty years, and these are much bigger problems and also far larger markets that are mosting likely to develop. Sadly, I think that The United States and Canada's following terrific development tale is mental disease and addiction," stated JR Rahn, creator and also co-CEO of MindMed.
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Kitco Information is the globe's # 1 resource of metals market details. Our video clips include interviews with noticeable industry figures to bring you market-affecting insights, with the goal helpful people make informed financial investment choices.

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