• What to know about the booming psychedelics industry, where companies are racing to turn magic mushrooms and MDMA into approved medicines

    7 days ago - By Business Insider

    Psilocybin mushrooms on a mossy log jackfoto/iStock/Getty Images Plus
    A year ago, nonprofits and scrappy startups made up the psychedelics space.
    Now, companies are raising millions from investors and going public on major exchanges.
    Here's what you need to know about the booming psychedelics industry.
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    The psychedelics space is booming. Over the few years, startups focused on turning psychedelic compounds into approved medicines have raised hundreds of millions of dollars from private investors and dozens have gone public. Research on compounds...
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