5 Best Psychedelic Companies to Watch

2. Silo Pharma, Inc. (OTC: SILO) 

Silo Pharma, Inc. (OTC: SILO) is a New Jersey-based biotechnology company founded in 2010. It is placed second on our list of 10 best psychedelic companies to watch. The company’s shares have returned more than 4% to investors over the past month. The company focuses on bringing together traditional biotech research and psychedelic practices for treatment of diseases such as depression, post-traumatic stress disorder, Parkinson’s, among others. The firm was formerly known as Uppercut Brands. 

On June 8, Silo Pharma, Inc. (OTC: SILO) announced that it had entered into a deal for scientific research with the University of California San Francisco. The agreement will enable joint studies part of the Translational Psychedelic Research program at the university.

On May 25, Silo Pharma, Inc. (OTC: SILO) announced it had submitted an initial application for a listing on the NASDAQ Stock Market. The announcement came after the board of the company granted approval for the beginning of the process.