Psychedelics

Mental health and finding alternative ways to improve health and wellness are at the forefront for many people today. While people have turned to what Westernized medicine considers traditional pharmaceuticals, the psychedelics industry is quickly leading the charge as an alternative for mental health treatments.

Even with the psychedelics industry in its nascency, the opportunities that exist across the value chain are quickly being uncovered by early adopters in the sector. Whether you are producing psychedelics for clinical treatments, operating a clinical or treatment center, creating nutraceutical or wellness products, or developing medical tourism experiences, the path to commercial success will require you to navigate this emerging and highly regulated sector.

In the psychedelics sector, the potential for rewards comes with many considerations when venturing into unchartered territory. Your path to success in psychedelics includes high barriers to entry and complex legal and regulatory hurdles. MNP’s highly qualified professionals are well-versed in emerging sectors and can help you to navigate these challenges and find your path to success.

MNP can help the psychedelics sector:

• Conduct informative market research and prepare an effective business plan
• Prepare statements for seeking financing, meeting regulatory requirements, forming key partnerships, generating cash flow, minimizing taxes. 
• Build profitability, expand the scope of your organization, and undergo significant transactions – such as going public or M&A 
• Access the knowledge guidance crucial to successfully navigate the path forward.