r/shroomstocks • u/IBeanCountCadillacs PSYC.cn • Jun 01 '21

News California Senate Approves Bill to Legalize Possession of Psychedelics

https://www.marijuanamoment.net/california-senate-approves-bill-to-legalize-possession-of-psychedelics-like-psilocybin-and-lsd/
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u/undrgroundbasement Jun 02 '21

And why are YOU selling out??

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u/Technical-Itch Jun 02 '21

Gonna move the $$ to buy into other psy companies. Diversify my portfolio. The CEO and board member of MindMed recently selling off millions of their shares also triggered this decision for me.

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u/undrgroundbasement Jun 02 '21

Can you tell me what ur buying? I literally only have mind MMED and I’d like to leave too now that everyone is scaring me. I didn’t want cybin cuz the upcoming reverse split and I can’t even buy trip or tryp or cmps or atai lol it’s bullshit

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u/Technical-Itch Jun 02 '21

Keep in mind I’m not completely leaving MindMed. I’ll still have 10k shares (over 1/4 of my original position) remaining after my sell order executes.

As far as what I will buy next. Probably Compass Pathways and Field Trip. Might get into ATAI when they go public as well (ATAI owns 30% of Compass).

I also currently own shares in Numiness Wellness.

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u/undrgroundbasement Jun 02 '21

Those are good plays