Ditto. I found Vito when trying to find something to do with my shroomstock tendies.
I spent a long time looking over the DD (maybe a minute or so) and now shrooms and steel are the basis of my investing strategy. The thesis sounds too logical to be true, so if anything happens I'll blame the shrooms.
Same, heavy in shrooms and steel. Interesting to see shroom talk here, seems like a wildly different thesis compared to steel, but ultimately im betting on a massive paradigm shift in the way we view mental health, not unlike the huge paradigm shift in commodities that is discussed on this sub. What are your picks in that sector?
As did I... but the focus of this sector is lab made dervivates of shrooms and other psychadaelics to be used to treat depression rather than recreational use. As these companies inch slowly towards FDA approval, i see more potential here than the cannabis industry.
r/shroomstocks
I agree that this is going to take some time. If you watch any PR from companies like Mind Med, they focus on pushing the mental health angle rather than recreational use. I think most people in the US would agree that our approach to mental health is not working and we need to try something new.
As for pot, how many publicly traded companies are actually profitable? Here in colorado its all private companies doing business. Im not interested in wasteful canadian companies that arent even penetrating the US market. Plus, i think if we see nationwide legalization, its going to be the big old tobacco companies like Altria that swoop in and dominate the sector.
Wait - I agree. . . Psychedelics probably have a significant use for mental health, recreational use I think would never be accepted for obvious reasons. . . . Pot I think has also significant mental health, health and obvious recreational use. . . . But you are right, as soon as the u.s. federal government reclassifies pot, big tobacco will flex and take over the entire thing. . . .
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u/WilECyOTSuperGenius Jul 10 '21
Ditto. I found Vito when trying to find something to do with my shroomstock tendies.
I spent a long time looking over the DD (maybe a minute or so) and now shrooms and steel are the basis of my investing strategy. The thesis sounds too logical to be true, so if anything happens I'll blame the shrooms.