During the virtually held Sequire investment conference last week, delegates heard various pitches from start-up companies that specialize in legalized psychedelic treatments and drugs designed for the treatment of a range of mental disorders. As spending on mental health increases, investors seek to inject funds into the multibillion-dollar market for legalized psychedelics such as ketamine, MDMA and hallucinogenic mushrooms. In the future, some hope that compounds derived from LSD will also be legalized.
Numinus Wellness CEO and president Payton Nyquvest expects that the mental health services market will be valued at $538 billion by…
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