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The 5 constituents in the munKNEE Psychedelic Drug Stocks Index jumped 16.7%, on average, last week and are now up 11.7% MTD. Below is how each constituent stock performed last week, in descending order, and MTD, and any recent  news, commentary, and/or analysis on each company:

1. Compass Pathways (CMPS): UP 33.1% last week; UP 22.2% MTD
   • is focused on the use of psilocybin (magic mushrooms) in their research. Go here for much more extensive information on Psilocybin.
   • Latest News, Commentary and/or Analysis:
     • None
2. GH Research (GHRS): UP 23.9% last week; UP 25.0% MTD
   • is primarily focused on the use of mebufotenin, the new International non-proprietary name for 5-MeO-DMT, which stands for 5-MethOxy-N,N-DiMeThyltryptamine.
   • Latest News, Commentary and/or Analysis:
     • Can GH Research PLC (GHRS) Climb 488.72% to Reach the Level Wall Street Analysts Expect?
3. Mind Medicine (MNMD): UP 2.8% last week; UP 0.8% MTD
   • is primarily focused on the use of LSD and MNMA. Go here for much more extensive information on LSD and here for much more extensive information on MNMA.
   • Latest News, Commentary and/or Analysis:
     • MindMed Announces Business Update and Anticipated Milestones for 2024
4. Atai Life Sciences (ATAI): UP 1.2% last week; UP 22.0% MTD
   • is focused on the use of ketamine, DMT and ibogaine.  Go here for much more extensive information on Ketamine and here for much more extensive information on DMT.
   • Latest News, Commentary and/or Analysis:
     • None
5. Incannex Healthcare (IXHL): DOWN 7.4% last week; DOWN 19.4% MTD
   • is researching and developing therapies and products with the world's largest portfolio of medicinal cannabinoid and psychedelic pharmaceutical products.
   • Latest News, Commentary and/or Analysis:
     • Incannex Commences Dosing in Phase 2 Clinical Trial Assessing IHL-675A in Patients with Rheumatoid Arthritis
        

Summary

The munKNEE Psychedelic Drug Stocks Index went UP 16.7% last week and is now up 11.7% MTD.

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