$SILO, a psychedelic company to watch
$SILO is a psychedelic company to watch. Silo Wellness is a psychedelic wellness company that runs psychedelic retreats, produce a psilocybin nasal spray, and have a deal with the family of Bob Marley for the exclusive rights to produce a Bob Marley psychedelic brand. $SILO recently announced that they’ll be running 5 retreats focused on psychedelics in Jamaica throughout the summer.
With more and more positive research about the effects of psychedelics on depression we are coming close to full legalization of the psychedelic industry. Don’t get me wrong but cannabis will come first but psychedelics will be the next item that governments begin to fully legalize across the world.
https://www.google.ca/amp/s/amp.france24.com/en/live-news/20210416-in-canada-psychedelics-re-emerge-in-treatment-of-depression
Called strong support at $0.17 last week so anytime I see the stock dip below $0.20 I’m picking up more shares for myself. With a small market cap at $14.4M I believe that the company has a lot of growth coming for the future.