Image Source: Pixabay
 

Below are how each constituent stock performed last week, in descending order, and YTD, plus any recent news, commentary, and/or analysis for each company:

1. atai Life Sciences (ATAI): UP 24.4% last week; UP 73.8% YTD
   • 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:
     • atai Life Sciences Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate and Clinical Highlights
2. Mind Medicine (MNMD): UP 17.0% last week; UP 200.5% YTD
   • 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 Voluntary Delisting from Cboe Canada
3. Compass Pathways (CMPS): UP 14.2% last week; UP 8.6% YTD
   • 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:
     • Compass Pathways Board Chair and Both Co-Founders Step Down from Board of Directors
4. GH Research (GHRS): UP 4.5% last week; UP 92.1% YTD
   • 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: None
5. Incannex Healthcare (IXHL): DOWN 9.5% last week; DOWN 30.0% YTD
   • 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: None

The 5 constituents in the munKNEE Psychedelic Compound-Based Drug Stocks Index were UP 10.0%, on average, last week and are now UP 53.9% YTD.

More By This Author:

Tilray's Q3 Financials Disappoint: Stock Declines 31%
Hope Springs Eternal: Canadian Cannabis LPs Index Up 20% Last Week
American Cannabis MSO Stocks Index Flat Last Week; Up 51% YTD