Tag: Psychedelic

Debra BorchardtFebruary 23, 2024
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4min00
Enveric Biosciences (NASDAQ: ENVB) is selling one of its cancer-related patent portfolios for an undisclosed amount. Enveric said it plans to continue to focus and invest in the development of its lead candidates EB-003, a first-in-class neuroplastogen designed to eliminate hallucinations, and EB-002, formerly EB-373, a next-generation synthetic prodrug of the active metabolite, psilocin. “We […]

Debra BorchardtFebruary 20, 2024
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5min01
Viridian Capital Advisors has tried to tackle valuation metrics for companies in the psychedelic industry, despite many having no revenue to speak of. Last week, Viridian looked at five companies in the Viridian Value Tracker database with market caps between $10 million and $100 million to get baseline valuation metrics for the Numinus Wellness (NUMI: […]

Debra BorchardtFebruary 8, 2024
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7min00
The Journal of American Medical Association (JAMA) published a study on January 31, 2024 that found hundreds of psychedelic drug users turning to the social media platform Reddit looking for ways to end a “bad trip.” After decades of stigma around using psychedelic drugs like LSD, psilocybin and even non-classic psychedelic drugs like ketamine, popularity […]

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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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