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AdvisorShares Psychedelics ETF
As of May 30, 2026 at 10:10 UTC
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About AdvisorShares Psychedelics ETF
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Latest News
5 articlesTrump's April 2026 executive order supporting psychedelic drugs has boosted the psychedelics industry. The FDA awarded priority vouchers to select companies, accelerating drug review timelines. Three biotech firms—Compass Pathways, AtaiBeckley, and Definium Therapeutics—have seen significant stock surges. While analysts remain bullish with high upside targets, these remain speculative investments with substantial risks.
The cannabis industry is awaiting a decision on rescheduling cannabis, which could impact its financial and regulatory landscape. The psychedelics industry is navigating the aftermath of a setback in MDMA research for PTSD, leading to potential consolidation and strategic shifts.
A panel of advisors to the Food and Drug Administration (FDA) rejected MDMA as a treatment for post-traumatic stress disorder (PTSD) on Tuesday, citing a lack of evidence that the benefits would outweigh the risks of introducing the psychedelic treatment to patients. Most stocks in the psychedelic space took a hit on Wednesday as a result of the ruling.The panel voted 9-2 that MDMA, when combined with talk therapy, is not effective in treating PTSD. The panel also voted 10-1 that the current benefits do not outweigh the potential risks of using the drug to treat mental issues.Some members of the panel, ...Full story available on Benzinga.com
