Golden Parachute
Lots of buzz about mushrooms being the next big thing. Some former Big Weed™ executives are venturing into this new territory— is this cause for concern? Considering the current state of legal cannabis market, maybe psilocybin needs a different approach.
“There's probably untapped value, which will only go to the people who are at the beginning and bold,” says Bruce Linton. No denying the fact that first movers in cannabis profited the most… arguably at the expense of investors, consumers, and patients.
Ronan Levy is a former exec at @Aurora_MMJ and co-founder of Field Trip Ventures, a startup focused on therapeutic psychedelics. He believes it’s only a matter of time before others realize the potential of psychedelics and start to look for investors.
One thing’s for sure. If public health is the priority, we should stop arresting and prosecuting people for mushrooms. Criminal records are far more long-lasting than a bad trip. Studies find mushrooms are the safest recreational drug.