Horizons ETFs CEO: Psychedelics Industry Volatile Now, but Growth Expected Later


This interview was filmed on May 13, 2021.

In January, Horizons ETFs Management (Canada) launched the first psychedelics-focused index fund by way of the public debut of the Horizons Psychedelic Stock Index ETF.

At the time, Steve Hawkins, president and CEO of Horizons ETFs, said the fund’s launch was driven by a desire to tap into innovative markets, as well as growing demand from the investor base looking at the psychedelics space.

Now that the fund has had some time to perform, Hawkins is back to discuss its movement and the interest investors have shown in psychedelics.

#Investing #Psychedelics #ETFs

0:00 – Intro
0:41 – Motivation to launch psychedelics ETF
2:32 – Comparisons between psychedelics and cannabis
6:50 – Concerns for crowded stock market?
10:52 – Takeaways from PSYK performance so far
14:51 – Outro


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