Bullboard - Stock Discussion Forum Mind Medicine (MindMed) Inc MNMD

Alternate Symbol(s): N.MMED.WS | N.MMED.WA | N.MMED.WR | N.MMED

Healthcare

Mind Medicine (MindMed) Inc. is a clinical-stage biopharmaceutical company, which is engaged in developing products to treat brain health disorders. It is developing a pipeline of product candidates, with and without acute perceptual effects, targeting neurotransmitter pathways. This specifically includes pharmaceutically optimized product candidates derived from the psychedelic and empathogen... see more

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NDAQ:MNMD - Post Discussion

Mind Medicine (MindMed) Inc > Curious on valuation

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Post by skelterhelter on May 13, 2021 12:10pm

Curious on valuation

I am interested in this space as I believe psyechedlics have a future but when I look at MNMD valaution at 1.2B (!) with no revenues I am perplexed. Does anyone have any links to good research on this company?

Any other companies I should look at as well?

Thanks in advance!

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Comment by RiskyBiz928 on May 13, 2021 12:29pm

Skelter: Try TRIP - also in the shroom space. Cheaper entry, same risk. Market is speculative, boom or bust.

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Comment by skelterhelter on May 13, 2021 3:48pm

thank you

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Comment by TeddyTenBags on May 13, 2021 11:53pm

TRIP is a joke. Run by a guy who used to be a complete idiot on a morning radio show in Toronto with Russell Peters as Chief Creative Officer. They are purely a recreational play, which is a longgggg ways away in the big markets, has no barriers to entry and will be a race to the bottom on prices/margins, much like the cannabis sector. For me, the only ones worthwhile at this point to invest in ...more

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Mind Medicine (MindMed) Inc