Categories: aggregated

Trading Shrooms on Wall Street – Psychedelics Stocks and ETFs for 2022

About a year ago, the first psychedelics-focused exchange-traded funds were debited on Toronto’s NEO exchange. The ETF, Horizons Psychedelic Stock Index (NEO: PSYK), was launched to focus on the relatively new industry. Less than six months after this launch, Defiance ETF launched the Defiance Next Gen Altered Experience in the U.S. Due to the low-key state of the industry then, both ETFs remained passive and focused on tracking a periodically restructured index. The only active ETF in the U.S. psychedelic sector is the AdvisorShares Psychedelics ETF, launched in September by AdvisorShares.

Jason

Share
Published by
Jason

Recent Posts

Amsterdam Won’t Ban Tourists From Its Coffeeshops After All. It’s Coming For Their Wallets Instead.

The years-long push to lock foreign visitors out of the city’s coffeeshops just died in…

23 hours ago

Rappin’ The Rivers Is Building Montana’s Hip-Hop Outpost

When most people think about major hip-hop festivals, Montana rarely enters the conversation. For decades,…

23 hours ago

Five THC Cocktails For A Summer Without The Hangover

From a black currant sour to an espresso martini riff, here are five THC cocktails…

23 hours ago

Meet Micro TDH, the Venezuelan Artist Putting Older Women Smoking Weed in His Music Videos

In the music video for “Ram Pam Pam,” Venezuelan artist Micro TDH put older women…

23 hours ago

The Drink in Your Hand Was Never Just a Drink

The new cannabis beverage boom isn’t really about replacing booze. It’s about replacing everything people…

2 days ago

Cannabis Equity Was Built to Repair the War on Drugs. Its Architect Says It Funneled Black Founders Into a Trap.

Amber Senter co-founded Supernova Women, the organization that helped shape America’s first cannabis social equity…

2 days ago