Make way, cannabis and CBD: here come psychedelics.
Also referred to as hallucinogens, psychedelics are following a similar path to consumer use as cannabinoids. They’re just taking longer to get there.
The path consists primarily of research leading to approved medicinal use and, ultimately, CPG status.
Two companies in particular—Delic Corporation and Psychedelic Water, both based in Canada—have planted early flags in the U.S. psychedelics space.