Buy, Sell or Hold: Mind Medicine MindMed Inc. (MMED-CN)

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COMMENT

The psychedelic space is coming to the forefront for investors who ses this as Cannabis 3.0, but these are not recreational products. Rather, the breakthroughs are coming in medicine to treat PTSD, addictions and anxiety, areas showing promise through psychs. Such companies are building a pharmaceutical platform (drugs to sell to patients). Big pharma isn't in this space yet, but will change over time. He prefers other companies to MMED in this space, but he isn't holding much in this sector yet.

RISKY BUY

This whole area is really quite interesting. The cannabis market was known to be a recreational market but this does not have the same mainstream acceptance as Cannabis. They will be doing research (clinical studies) to come out with new pharmaceuticals to treat mental illness and addiction. It will take multiple years to see the actual drug get to development. If you wanted to have a small piece in your portfolio, you would treat these as lottery tickets.

COMMENT

This is the next Cannabis area. It is the psychedelic area. Compounds can be pulled out and used for medical purposes. They want to design trials to use different compounds of mushroom to help with things like substance abuse.

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Mind Medicine MindMed Inc.(MMED-CN) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Mind Medicine MindMed Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Mind Medicine MindMed Inc.(MMED-CN) Frequently Asked Questions

What is Mind Medicine MindMed Inc. stock symbol?

Mind Medicine MindMed Inc. is a OTC stock, trading under the symbol MMED-CN on the (). It is usually referred to as or MMED-CN

Is Mind Medicine MindMed Inc. a buy or a sell?

In the last year, there was no coverage of Mind Medicine MindMed Inc. published on Stockchase.

Is Mind Medicine MindMed Inc. a good investment or a top pick?

Mind Medicine MindMed Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Mind Medicine MindMed Inc..

Why is Mind Medicine MindMed Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Mind Medicine MindMed Inc. worth watching?

0 stock analysts on Stockchase covered Mind Medicine MindMed Inc. In the last year. It is a trending stock that is worth watching.

What is Mind Medicine MindMed Inc. stock price?

On , Mind Medicine MindMed Inc. (MMED-CN) stock closed at a price of $.

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