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Benzinga
Benzinga
Business
Natan Ponieman

Psyched: Cathie Wood Invests In Psychedelics Co ATAI, Bill Approved in Utah, AI Startup To 'Design States Of Mind'

ATAI Cathie Wood Utah United States DEA

The psychedelics sector received its latest sign of acceptance from Wall Street with famed investor Cathie Wood taking a position in Atai Life Sciences (NASDAQ:ATAI) through her ARKG ETF.

The country’s growing acceptance of psychedelics was also marked on Friday by a new psychedelics bill approved in Utah, which creates a special task force to study the therapeutic application of psychedelics.

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