(ACB), Canopy Growth Corp (NYSE:CGC) – Will Cannabis Entrepreneurs Switch to Psychedelics?

by Newsfeed

The psychedelics space is heating up, and major players have taken notice.

The market is bolstered by a growing number of decriminalization movements across the United States, as well as an increasing number of market participants, including names like Champignon Brands (CSE: SHRM), Hollister Biosciences (CSE: HOLL) and Revive Therapeutics (CSE: RVV).

Cannabis companies are joining the market, as are notable leaders from the marijuana space. Notable names include former Canopy Growth Corp (NYSE: CGC) CEO Bruce Linton, now a director for Toronto’s Mind Medicine (MindMed) Inc (OTCMKTS: MMEDF) and chairman of the advisory board for Red Light Holland (CNSX: TRIP), a brand focused on truffles.

In June 2020, Aurora Cannabis (NYSE: ACB) co-founder Terry Booth left his cannabis venture. In doing so, Booth has…

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