Canadian psychedelic stocks were the cannabis stocks of 2021. They exploded onto the scene late in 2020, popping up among Canadian stocks, and already have their psychedelics ETF (exchange-traded fund):
Horizons Psychedelic Stock Index ETF (TSE:PSYK). The fund has fees of 1.16% annually and total assets under management of $9.6M.
We will look into some of the top Canadian mushroom and psychedelic stocks you can look at today for potential outsized gains. It’s essential to remember that psychedelic companies are in the early stages of their business cycle. Many companies are not even at the clinical stage of testing.
If you want to invest, do so with only a tiny portion of your portfolio if it fits your risk tolerance.
Keep in mind that these best psychedelic stocks are NOT in any particular order.
What are the top Canadian psychedelic stocks today?
Mind Medicine (MMED.NE)
MindMed (MMED.NE or MNMD) says on the company’s website…
