--- title: "迷幻藥股票剛剛進入主流市場" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/283667440.md" description: "唐納德·特朗普簽署了一項行政命令，以加速對迷幻療法的研究和獲取，並獲得了 5000 萬美元的聯邦資金支持。這一舉措旨在應對心理健康危機，特別是在退伍軍人中，並標誌着對迷幻藥物的監管態度發生了轉變。羅伯特·F·肯尼迪（Robert F. Kennedy Jr.）和喬·羅根（Joe Rogan）等倡導者支持這一變化，這可能會使一個之前被邊緣化的行業合法化。儘管仍然存在風險，但聯邦資源的分配和加快審查時間表表明，迷幻藥物行業的認知和潛力發生了重大轉變" datetime: "2026-04-22T12:37:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283667440.md) - [en](https://longbridge.com/en/news/283667440.md) - [zh-HK](https://longbridge.com/zh-HK/news/283667440.md) --- # 迷幻藥股票剛剛進入主流市場 _Submitted byQTR's Fringe Finance_ Donald Trump just did something that would have sounded borderline impossible a couple of years ago: he signed an executive order aimed at accelerating research and access to psychedelic therapies, backing it with $50 million in federal funding and directing regulators to remove barriers that have long kept this entire category stuck on the sidelines. This has been a key prediction in my thesis for psychedelic stocks that I’ve laid out over time. First,in January 2025, calling the psychedelic names“stocks to watch” for the year. Then, in July 2025, urging patience in these positions:**Being Early—And Patient—In Psychedelics** Then_again_naming psychedelic names to my “stocks to watch” for 2026 and even going so far as to name the sector my “best idea” for 2026:**My "Best Idea" Sector For 2026** Today I’ll discuss what, for me, remains the most prudent way to get and keep long-term exposure to the sector, and where I think things go after this morning’s rally. Trump’s administration framed the move as part of a broader attempt to confront the mental health crisis, particularly among veterans, while signaling that agencies like the FDA should dramatically speed up review timelines for promising treatments. The focus, at least initially, includes ibogaine, a compound with a controversial safety profile but growing interest for its potential in treating addiction and trauma. Alongside him were figures like Robert F. Kennedy Jr. and Joe Rogan, both of whom have been outspoken advocates for these therapies, underscoring how quickly this conversation has moved from the fringe into the mainstream. There are still real concerns from scientists about safety, trial rigor, and whether the process could move too fast, but the direction is unmistakable: the federal government is no longer ignoring psychedelics, it is actively engaging with them. And if you have been reading me for the last year, none of this should feel surprising. At the beginning of 2025, I laid out what I thought was coming: a convergence between science, sentiment, and politics that could finally legitimize an industry that had been written off for decades. I was not pretending the timing would be perfect or that the stocks would go straight up, in fact, I explicitly said the opposite. These were always going to be volatile, early stage, cash burning companies operating in one of the most regulation sensitive industries on the planet. What mattered was not the quarter to quarter performance. What mattered was whether the world would eventually start taking this category seriously. That was the first part of the bet. The next is clinical data. And along the way, the market did exactly what it tends to do with misunderstood themes. It tested conviction. The ETF held up relatively well, individual names stumbled, sentiment wavered, and most investors moved on, filing the entire space under maybe someday or probably never. But the thesis was never about clean execution in year one. It was about whether a regulatory shift,**any regulatory shift,**could change the entire trajectory of the space. Because in something like psychedelics, policy is not just a factor, it is the factor. That is why, when I revisited the idea in January 2026, I framed it as one of the most mispriced areas of the market. Not because the science was a mystery, but because the perception was broken. The consensus view had already written the story: the FDA had shut it down, politics would never allow it, and the stigma was too entrenched to overcome. * * * 🔥**50% OFF FOR LIFE:**Using this coupon entitles you to 50% off an annual subscription to_Fringe Finance_for life:**Get 50% off forever** * * * What makes this moment different is that it is no longer theoretical. You now have federal dollars being allocated, timelines being discussed in terms of weeks instead of years, and high level officials openly framing psychedelics as part of the solution to a national health crisis.**That does not guarantee success for any individual company, and it does not eliminate the very real risks around clinical trials, commercialization, or safety.**Some of these names will fail. Some will dilute shareholders into the ground. That is the nature of early stage biotech. But the broader direction of the space is what matters, and that direction is changing in a way that is hard to ignore. The deeper reason I have stayed bullish, though, has never just been about the market opportunity. It is about what these compounds actually represent. The current mental health model leaves an enormous number of people behind, and most treatments are designed around chronic, daily use. Psychedelics flip that model on its head. They are not ‘take this forever’ drugs. In many cases, they are structured as limited, guided interventions that can produce durable effects. That alone makes them disruptive, not just commercially, but philosophically.**And having experienced them myself in a deliberate, structured way, I do not view this as abstract or hypothetical.**I have seen the difference. I have felt the shift. And I know how profound it can be when these tools are used correctly. What is happening now does not mean the story is over. If anything, it means it is just getting started. We are moving out of the phase where this is dismissed outright and into the phase where serious institutions are forced to engage with it. That is where things tend to accelerate. **This note, published on my blog this week,has my preferred way to gain exposure to the psychedelic sector.** \-- _**QTR’s Disclaimer**_**:**_Please read my full legal disclaimeron my About page here_._This post represents my opinions only.__In addition, please understand I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. Contributor posts and aggregated posts have been hand selected by me, have not been fact checked and are the opinions of their authors. They are either submitted to QTR by their author, reprinted under aCreative Commons licensewith my best effort to uphold what the license asks, or with the permission of the author._ _This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. I may or may not own names I write about and are watching. Sometimes I’m bullish without owning things, sometimes I’m bearish and do own things. Just assume my positions could be exactly the opposite of what you think they are just in case. If I’m long I could quickly be short and vice versa. I won’t update my positions. All positions can change immediately as soon as I publish this, with or without notice and at any point I can be long, short or neutral on any position. You are on your own. Do not make decisions based on my blog. I exist on the fringe. If you see numbers and calculations of any sort, assume they are wrong and double check them. I failed Algebra in 8th grade and topped off my high school math accolades by getting a D- in remedial Calculus my senior year, before becoming an English major in college so I could bullshit my way through things easier._ _The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. I edit after my posts are published because I’m impatient and lazy, so if you see a typo, check back in a half hour. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important._ ### 相關股票 - [GHRS.US](https://longbridge.com/zh-HK/quote/GHRS.US.md) - [ATAI.US](https://longbridge.com/zh-HK/quote/ATAI.US.md) - [DRUG.US](https://longbridge.com/zh-HK/quote/DRUG.US.md) - [CMPS.US](https://longbridge.com/zh-HK/quote/CMPS.US.md) - [ENVB.US](https://longbridge.com/zh-HK/quote/ENVB.US.md) - [CYBN.US](https://longbridge.com/zh-HK/quote/CYBN.US.md) - [SBIO.US](https://longbridge.com/zh-HK/quote/SBIO.US.md) - [XBI.US](https://longbridge.com/zh-HK/quote/XBI.US.md) - [IBB.US](https://longbridge.com/zh-HK/quote/IBB.US.md) - [FBT.US](https://longbridge.com/zh-HK/quote/FBT.US.md) - [IXJ.US](https://longbridge.com/zh-HK/quote/IXJ.US.md) - [PSIL.US](https://longbridge.com/zh-HK/quote/PSIL.US.md) - [LABU.US](https://longbridge.com/zh-HK/quote/LABU.US.md) ## 相關資訊與研究 - [鉅亨速報 - Factset 最新調查：Roivant Sciences LtdROIV-US 的目標價調升至 38 元，幅度約 8.57%](https://longbridge.com/zh-HK/news/287126179.md) - [川普投資組合神操作？Medicare 政策翻盤前 精準大買聯合健康](https://longbridge.com/zh-HK/news/287039034.md) - [巨生醫獲 SelectUSA 醫療科技組金牌 啟動美國 A 輪募資目標 1000 萬美元](https://longbridge.com/zh-HK/news/286905054.md) - [特朗普一紙行政令引爆迷幻藥賽道：有公司火速融資 500 萬美元，機構資金開始 “電話轟炸”](https://longbridge.com/zh-HK/news/286779196.md) - [儲局會議記錄顯示 大多數官員警告通脹率若持續高於 2% 需考慮加息](https://longbridge.com/zh-HK/news/287171073.md)