GREY:EPWCF - Post by User
Post by
shanaallstaron Feb 18, 2021 11:33am
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Post# 32595897
A potentially "breakthrough therapy".
A potentially "breakthrough therapy".
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It was stated that CB appear to be one of the potentially searched health trends, even outnumbering searches for veganism, exercise, and even vaccines. In addition, these other companies appear to be finding a niche in the functional foods sector- a sector that is seeing potential to approx. $34.3 billion by 2024 at a CAGR of approximately 8.94% between 2019 and 2024.
In some other reports, it was stated that these companies could possibly be well exposed to the psychedelic medicine market, which Eight Capital claim could potentially be approx. $100 billion. In addition to that, US FDA appears to be supportive of psilocybin research. In 2018, for example, the agency recognized psilocybin as a potential “breakthrough therapy” for depression.
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