$PBM 360% cost to borrow. 52 week high $75 — The picks and shovels play on most rwcent executive order.

Psyence BioMed Is the world’s only listed company with ready-to-use, high-quality ibogaine supply right now.

Mkt cap: $10–15 million

current share price: $7-$8. 52-week high: $75

Roughly $7.15 million in cash (debt-free)

Ibogaine is a powerful hallucinogenic drug from an African plant that is banned in the US but legal in Mexico. Celebrities (like Conor McGregor, Jordan Belfort, and Lamar Odom) and U.S. veterans fly to clinics in Tijuana for multi-day treatments to beat opioid addiction and PTSD. Patients get monitored doses that trigger intense psychedelic experiences and often report big reductions in cravings.

President Trump’s order tells the FDA to speed up reviews and approvals to treat serious mental illnesses like depression and substance abuse. It creates priority review vouchers, opens Right-to-Try access, and directs the $50 million federal money for psychedelic research programs. Special focus on helping veterans (who have high suicide rates) through better trials and data sharing with the VA.

Most psychedelic companies develop, test and trial the actual drugs. PBM is the supplier — they make the clean, standardized ibogaine that researchers, clinics, and future FDA-approved programs will need. It's the only shovel factory when everyone suddenly wants to dig for gold. No one else has GMP-certified ibogaine inventory ready to ship.

Ibogaine supports Trump’s war on opioids, fentanyl, veterans PTSd, and depression. The executive order fast-tracks treatments. Ibogaine is famous for helping break opioid and fentanyl addiction IN ONE OR TWO treatments. PBM’s ready supply means research and treatment can scale quickly, helping fight the fentanyl crisis, save veteran lives, and give depressed patients new hope — exactly what the policy aims to do.

Not financial advice, my opinions on publicly available facts.

https://www.whitehouse.gov/presidential-actions/2026/04/accelerating-medical-treatments-for-serious-mental-illness/

https://english.elpais.com/international/2025-11-26/ibogaine-the-hallucinogenic-drug-banned-in-the-us-that-celebrities-seek-out-in-mexico-to-treat-addiction.html