Both Joe Rogan and Tim Ferriss have both gone on the record as supporters of responsible psychedelics use.
We can’t understate how powerful these voices are.
Their audiences are massive.
The Tim Ferriss Show is one of the largest podcasts in the world. It has been downloaded by listesteners more than 500 million times.
The Joe Rogan Experience surpasses that. It gets more than 200 million downloads every month and streaming giant Spotify recently paid $100 million to get exclusive rights to Rogan’s podcast.
The two new media giants have become strong influencers of public opinion. And when they are both on the same page, you better pay attention.
They are just prominent members of the psychedelics user base that the National Center for Biotechnology Information says has surpassed 30 million active psychedelics users in the United States.
Joe Rogan has talked to multiple guests about their experiences using Dimethyltryptamine (DMT).
DMT is a drug similar to LSD, but doesn’t last as long.
It is the active ingredient in ayahuasca and has neuroprotective/neurorestorative properties.
It is also the focus of one of the early movers in the psychedelics sector, MindMed (CAN :MMED / US:MMEDF).
DMT is going through or has completed three clinical studies to test its therapeutic effectiveness for treatment-resistant depression and substance dependence.
Specifically, MindMed has started an FDA Phase 1 clinical study of DMT at a lab in Switzerland.
Joe Rogan and his massive audience will be hearing more about these in the future and Rogan has really brought DMT into the mainstream.
Additionally, he has exposed his millions of followers to the idea of psychedelics through long form interviews with leaders in the field of psychedelics such as:
Michael Pollan (Author of How To Change Your Mind NYT #1 Best Seller)Michael Pollan is author of five New York Times Best Sellers and he set out to research how LSD and psilocybin (magic mushrooms) are being used to provide relief to people suffering from difficult-to-treat conditions such as depression, addiction and anxiety.
Hamilton Morris (Hamilton’s Pharmacopeia on VICELAND)Hamilton is an American journalist and pharmacological researcher. He is known for his VICE television series Hamilton's Pharmacopeia, in which he investigates the chemistry, history, and cultural impact of various psychoactive drugs.
And Psychiatrist Dr. Dan Engle (KUYA Institute for Transformational Medicine, Onnit Labs)Dr. Engle's background in integrative psychiatry, neurocognitive restoration, peak performance medicine and psychedelic research, Dr. Dan Engle helps individuals shift from illness and trauma to health and happiness.
Hamilton Morris and Dr. Dan Engle are taking it even further, joining the Scientific Advisory of new psychedelic company Mind Cure Health Inc (OTCQB: MCURF; CSE: MCUR)
But these examples are just part of the early-stage potential of psychedelics that’s rapidly advancing.
Tim Ferriss is probably deeper into the psychedelics sector than most others and has been for years.
The top podcast, best-selling author, and venture capitalist, has been an active campaigner for research into psychedelics.
He helped the Multidisciplinary Association for Psychedelic Studies (MAPS) raise $30 million to advance the organization’s clinical research into the active ingredient in “magic mushrooms.”
$30 million is a massive amount of money.
But Ferriss is just part of a much bigger crowd of big money behind the surge in psychedelics research.
As we stated in Why Are Silicon Valley AND Wall Street Backing Psychedelic Drugs?:
Silicon Valley’s interest in psychedelic drugs is understandable.
These maverick entrepreneurs are driven by science, not politics. They are not afraid to target politically unpopular opportunities – even if it means taking on government itself.
And in the Land of Unicorns, life sciences companies moving into previously prohibited markets are seen as a particularly intriguing opportunity.
The potential of psychedelics as potential treatment for mental healthcare is quickly being mainstream and there is definitely a sweeping change in attitudes towards psychedelics.
Silicon Valley investors know it.
These new media titans (and their massive audiences) know it.
And investors are waking up to the potentially lucrative futures of psychedelics too.
We’ve uncovered some of the fastest-moving psychedelic stocks before they moved and, given the way psychedelic stocks are moving, will find plenty more in the future too.
Disclosure: Mind Cure Health is a client of Psychedelic Stock Watch
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