For many investors, the experimental psychedelics industry may be too risky to invest in. Most companies in this sector are privately held, and psychedelic stocks are often volatile penny or OTC stocks.
Aside from being risky, these stocks can also be difficult to purchase. Most stocks will require you to have a brokerage account that offers access to OTC and international stocks, like Interactive Brokers.
For investors willing to take the risk, the best psychedelic stocks depend on your portfolio and investment goals—while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.
We round up a selection of stocks in or related to the experimental drug industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Questrade |
|---|---|---|---|---|---|
| Compass Pathways Plc (CMPS.US) | 170.63% | $1.6 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| Definium Therapeutics (DFTX.US) | 247.23% | $2.7 billion (USD) | NASDAQ | 2,629,900 | Buy now |
| Cybin IncCommon Stock (HELP.US) | -39.97% | $214.5 million (USD) | NASDAQ | 456,000 | Buy now |
| ATAI Life Sciences BV (ATAI.US) | 63.71% | $1.5 billion (USD) | NASDAQ | 6,625,000 | Buy now |
| Psyched Wellness (PSYC.CN) | -66.67% | $4.1 million (CAD) | Canadian Securities Exchange | 11,040 | Buy now |
| Field Trip Health (FTRP.CN) | (data unavailable) | $210.8 million (CAD) | Canadian Securities Exchange | (data unavailable) | Buy now |
The experimental drug industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering psychedelic stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
A lot of factors go into picking the best psychedelic stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong psychedelic stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular psychedelic stocks in or related to the experimental drug industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some psychedelic stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each psychedelic stock below. Keep reading to decide if any of these companies are the right investment for you.
COMPASS Pathways plc operates as a biotechnology company that focuses on mental health in the United Kingdom and the United States. The company develops COMP360, a psilocybin therapy, which is in Phase III clinical trial for the treatment of treatment-resistant depression; and is in Phase II clinical trial for treating post-traumatic stress disorder and anorexia nervosa.
The company was formerly known as COMPASS Rx Limited and changed its name to COMPASS Pathways plc in August 2020.
| Closing stock price | $12.53 |
|---|---|
| Market Capitalization | $1.6 billion |
| Earnings per share (TTM) | -$3.14 |
| 52-week stock price range | $2.25 – $14.76 |
Definium Therapeutics, Inc., a clinical biopharmaceutical company, develops novel product candidates to treat brain health disorders. The company's lead product candidates DT120, which is in phase 3 for the treatment of generalized anxiety disorder, major depressive disorder, and other brain health disorders; and DT402, a R-enantiomer of 3,4-methylenedioxymethamphetamine, which is in phase 2a clinical trials for the treatment of autism spectrum disorder.
The company was formerly known as Mind Medicine (MindMed) Inc. and changed its name to Definium Therapeutics, Inc. in January 2026.
| Closing stock price | $24.48 |
|---|---|
| Market Capitalization | $2.7 billion |
| Earnings per share (TTM) | -$2.50 |
| 52-week stock price range | $6.35 – $26.25 |
Cybin Inc., doing business as Helus Pharma, a clinical-stage neuropsychiatry company, focuses on developing psychedelic-based therapeutics for patients with mental health conditions. It develops CYB003, a deuterated psilocybin analog, which is in phase 3 clinical trial to treat major depressive disorder (MDD); and CYB004, a deuterated N, N-dimethyltryptamine (DMT), which is in phase 2 clinical trial for treating generalized anxiety disorders.
The company also develops SPL028 injectable deuterated DMT completed phase 1 clinical intramuscular and intravenous trial; SPL026 for MDD; and CYB005, a phenethylamine derivative, which in preclinical stage to treat central nervous system, as well as has a research pipeline of investigational psychedelic-based compounds.
| Closing stock price | $4.67 |
|---|---|
| Market Capitalization | $214.5 million |
| Earnings per share (TTM) | -$4.30 |
| 52-week stock price range | $3.76 – $9.83 |
AtaiBeckley Inc., a clinical-stage biopharmaceutical company, engages in the research, development, and commercialization of mental health treatments in the United States, Germany, and Canada. The company develops BPL-003, an intranasal formulation of the benzoate salt form of mebufotenin that is in Phase 2a and 2b clinical studies for treatment resistant depression (TRD) and alcohol use disorder; RL-007, an orally bioavailable compound, which is a pro-cognitive neuromodulator in Phase 2b trial for cognitive impairment associated with schizophrenia; and ELE-101, a serotonergic psychedelic for the treatment of major depressive disorder.
It is also developing VLS-01, an oral transmucosal film formulation of N,N-Dimethyltryptamine in Phase 2 clinical study to treat TRD; EMP-01, an oral formulation of R-3,4-methylenedioxy-methamphetamine that is in Phase 2 clinical study for social anxiety disorder; and EGX-A & EGX-B, which are non-hallucinogenic 5-HT2A receptor agonists for TRD.
| Closing stock price | $4.06 |
|---|---|
| Market Capitalization | $1.5 billion |
| Gross profit (TTM) | $-54,607,000 |
| Revenue (TTM) | $3.5 million |
| Earnings per share (TTM) | -$2.84 |
| 52-week stock price range | $2.00 – $6.75 |
Psyched Wellness Ltd. produces and distributes mushroom-derived products and related consumer packaged goods in the United States. It offers a line of Amanita Muscaria-derived extracts to promote stress relief, relaxation, and assist with restful sleeping.
The company sells its products online.
| Closing stock price | C$0.01 |
|---|---|
| Market Capitalization | C$4.1 million |
| Gross profit (TTM) | C$157,979 |
| Revenue (TTM) | C$627,521 |
| Earnings per share (TTM) | -C$0.02 |
| 52-week stock price range | C$0.01 – C$0.03 |
Field Trip Health Ltd. engages in the development and delivery of psychedelic therapies. Its Research division is involved in the development of psychedelic molecules and conducting research on plant-based psychedelics.
The company also operates Field Trip Health clinics for psychedelic therapies in North America.
| Market Capitalization | C$210.8 million |
|---|---|
| Gross profit (TTM) | C$-8,403 |
| Revenue (TTM) | C$435,460 |
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