| Abstrakt: |
PALM BEACH, Florida, June 3, 2020 /PRNewswire/ -- The psychedelic drugs market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 16.3% in the forecast period of 2020 to 2027 and expected to reach USD 6,859.95 million by 2027 from USD 2,077.90 million in 2019. Growing acceptance of psychedelic drugs for treating depression and increasing prevalence of depression and mental disorders are the factors for the market growth. The report says: "… psychedelic drugs are used to enhance or change sensory perceptions, energy levels, thought processes, and to facilitate spiritual experiences. Psychedelic drugs can be categorized into dissociative drugs (such as PCP), empathogens and serotonergic (classic hallucinogens) (such as LSD). These drugs are used in the treatment of major depressive disorder, treatment-resistant depression, panic disorder, post-traumatic stress disorder, and opiate addiction among others." Mentioned in today's commentary include: Global Trac Solutions, Inc. (OTCPK: PSYC), Champignon Brands Inc. (OTCQB: SHRMF) (CSE: SHRM), The Yield Growth Corp. (OTCQB: BOSQF) (CSE: BOSS), Mind Medicine (MindMed) Inc. (OTCQB: MMEDF) (NEO: MMED), Mota Ventures Corp. (OTCPK: PEMTF) (CSE: MOTA). [ABSTRACT FROM PUBLISHER] |
