top of page

Shake-Out Street for International Psychedelic Medicine Companies As Investor Funds Dry Up

Shake-Out Street for International Psychedelic Medicine Companies As Investor Funds Dry Up

Bloomberg News reports that the initial investment highs of psychedelics are beginning to wear off and that the sector has lost over 50% of its value in the last year. This means there’s a consolidation crunch coming up ahead which could see marginal companies go to the wall or be absorbed by their competitors.

Tiffany Kary, Bloomberg News

23/08/04, 12:30

[object Object]

INTERNATIONAL

BREAKING NEWS

Cannabiz Africa Newsline

The Business Of Cannabis

Coming Fresh every Week.

Stay ahead in the cannabis industry! Subscribe to CANNABIZ AFRICA NEWSLINE for weekly insights on the business of cannabis. Fresh updates every week!

Thanks for subscribing!

bottom of page