Mushroom Stocks Sprouting on Wellness Trend
Now more than ever, millions of people are focused on their health and wellness.
It’s why many are turning to healthier foods, such as functional mushrooms, which are full of anti-oxidants and defense from autoimmune issues.
In fact, according to Mordor Intelligence, “A number of scientific studies have confirmed the ability of functional mushrooms and mushroom-derived supplements to increase the effectiveness of both innate and adaptive immune systems. The market is expected to experience huge demand for Reishi and Cordyceps, followed by the other types of medicinal mushrooms.” Some of the companies benefiting from functional mushroom demand include Psyched Wellness (CSE:PSYC)(OTC:PSYCF), HAVN Life Sciences (CSE:HAVN)(OTC:HAVLF), Halo Collective Inc. (NEO:HALO)(OTC:HCANF), Numinus Wellness Inc. (TSXV:NUMI)(OTC:LKYSF), and Compass Pathways Inc. (NASDAQ:CMPS).
In addition, according to Natalie Rizzo, M.S., RD, as quoted by Bicycling, “Many of the functional kinds of mushrooms, like Chaga or Lion’s Mane, are thought to have more antioxidant properties and are often turned into supplements. Functional mushrooms are used in Eastern medicine as a way to decrease the likelihood of diseases.”