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The business betting on magic mushrooms to treat depression


The business betting on magic mushrooms to treat depression
16 Dec, 2020 12:16 AM
6 minutes to read
The healing properties of psilocybin mushrooms are being explored. Photo / Getty Images
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Back in the 1960s, George Goldsmith s use of magic mushrooms was purely recreational. It was. an exploration like many people do when they re younger. I found it really very interesting.
Now magic mushrooms have propelled Goldsmith higher than he could ever have possibly imagined - to the helm of a company worth US$1.99bn (NZ$2.81bn).
Indeed Compass Pathways, the London-based mental health start-up Goldsmith founded and runs with his wife, Ekaterina Malievskaia, has tripled in value since stocks launched on the Nasdaq on September 20th - tribute, Goldsmith says, to the level of need that drives people to view us as that important . ....

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Meet the Briton betting on magic mushrooms to help treat depression


Meet the Briton betting on magic mushrooms to help treat depression
George Goldsmith, founder of Compass Pathways, has created a synthetic version of psilocybin, the active ingredient in magic mushrooms
George Goldsmith, founder of Compass Pathways
Credit: Compass Pathways
Back in the 1960s, George Goldsmith’s use of magic mushrooms was purely recreational. “It was. an exploration like many people do when they re younger. I found it really very interesting.”
Now magic mushrooms have propelled Goldsmith higher than he could ever have possibly imagined - to the helm of a company worth $1.99bn (£1.49bn). 
Indeed Compass Pathways, the London-based mental health start-up Goldsmith founded and runs with his wife, Ekaterina Malievskaia, has tripled in value since stocks launched on the Nasdaq on September 20th - tribute, Goldsmith says, to the “level of need that drives people to view us as that important”.  ....

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