Can a Wellness-Based Medicinal Mushroom Boom Unseat the Pot Revolution?

With a growing amount of strong evidence for the medical application of psilocybin, a psychoactive ingredient found in mushrooms, investors are preparing for a coming legalization that seems inevitable. At the moment, there are already a series of companies jockeying for a position in the medicinal mushrooms market, with or without psilocybin attached, including The Yield Growth Corp. (CSE:BOSS) (OTC:BOSQF), Herbalife Nutrition Ltd. (NYSE:HLF), and Jamieson Wellness Inc. (TSX:JWEL), as well as major retailers such as Walmart Inc. (NYSE:WMT), and CVS Health Corporation (NYSE:CVS). The most recent to enter the mushroom arena is The Yield Growth Corp. (CSE:BOSS) (OTC:BOSQF), who announced this week an agreement to acquire an interest in Absolum Health Corp. which is acquiring One Up Pure Energy Inc. The acquisition adds to Yield’s growing portfolio of wellness assets, that includes the popular hemp-root based brands Urban Juve Wellness, and Wright & Well, as well as other white-label agreements. To date, the company has acquired or developed more than 200 cannabis ... Click here to view full article