Minerco Inc. (OTC: MINE) is the first company of its kind combining psilocybin, cannabis, and cryptocurrency.
One visionary company – with a focus on helping consumers feel good – is right now working to carve out a substantial segment of three of the world’s most rapidly-growing markets.
This “triple play” investment opportunity is the only one of its kind in the world – and investors are beginning to take notice of this company’s aggressive growth scenario.
The company is Jamacia-based Minerco, Inc. (OTC: MINE)…and right now it is the only company of its kind combining the three disruptors of
(2) Cannabis… and…
From cultivation to manufacturing, packaging, and distribution, Minerco, Inc. is poised to control the entire process…
And thanks to the SHRUCOIN – the company’s own cryptocurrency – it is now possible for Minerco to expand the availability of its products to a larger base while also taking advantage of the rapidly-growing cryptocurrency market.
Minerco Inc. Offers Investors Smart Exposure to the Rapidly-Growing Psychedelic Drug Market
With a growing acceptance of their use by the medical community – and an increasing trend toward legalization worldwide – the psychedelic drug market is in the early stages of a potentially explosive growth phase.
According to the industry experts at Data Bridge Market Research, the psychedelics drug market is expected to grow at a compound annual growth rate (CAGR) of 16.3% between now and 2027.
The market is projected to reach $6.859 billion by 2027 – more than tripling from its size of $2.077 billion as recently as 2019.[i]
The ongoing Covid-19 pandemic has brought increased focus to the importance of mental health and has sparked innovation from companies working to provide treatments for mental health issues such as anxiety, depression, and post-traumatic stress disorder (PTSD).
Psychedelic drugs have been at the forefront of innovation in this space, as evidence continues to mount showing that psychedelics can, in many cases, be more effective for the treatment of mental health disorders than traditional medicines.
These psychedelics – including psilocybin, the active compound in ‘magic mushrooms’ – have begun to generate a great deal of attention for investors as their benefits become more apparent.
With an expected surge in legalization and commercialization in the months ahead, companies establishing a presence in the space now should offer significant “first mover” advantages.
Minerco, Inc. Expands Psilocybin Production Capacity and Works to Raise Awareness About its Benefits
Minerco, Inc. (OTC: MINE), known as The Magic Mushroom Company, is the pioneering company specializing in the research, production, and distribution of psilocybin mushroom products.
The company’s vertically integrated operation will produce microdose tablets and capsules in legal markets. Minerco also serves as a processing point for growers that would like to take their product and convert it into tablets, doses, tinctures, etc.
Just recently – on March 15 – the company announced the acquisition of WLCCO Inc., a Jamaican-based white label CBD company that generates approximately $2.5 million in annual revenue.
In addition, this strategic purchase includes crucial equipment, increasing the company’s psilocybin production capacity to one million microdose units daily.
In markets where psilocybin is now legal, Minerco will manufacture medical mushrooms including Chaga and Lion Mane as legal alternatives.
This acquisition – and expansion of capacity to one million daily psilocybin microdoses – was a crucial goal to help prepare the company for success as legal markets expand in the United States.
But as one of the world’s first publicly traded companies specializing in growing, research, production and distribution of psilocybin mushrooms and marketing worldwide, Minerco knows it also has an obligation to help raise awareness about the benefits of psilocybin.
That’s why Minerco, Inc. (OTC: MINE) recently introduced award-winning musical icon Sean Kingston as the company’s newest ambassador.
Kingston is a native Jamaican who has witnessed firsthand the medicinal benefits that plants such as psilocybin and cannabis provide, as both are legal in Jamaica and are commonly used for treatment methods.
Kingston, who has over 1.2 million Instagram and 2.9 million Twitter followers, brings to the company a strong network of people who view him as an innovator or trendsetter.
As a result, he will be able to use these social media platforms and other channels to help raise awareness on the company’s overall mission to educate the masses on botanical products such as cannabis or psilocybin.
By partnering with a global figure of Kingston’s stature – in addition to upcoming media campaigns and blogs in the alternative medical and mental health spaces – the company’s reach can broaden exponentially, and the message of psilocybin’s many benefits can be spread more rapidly.
Minerco Also Stands Poised to Ride the Wave of Rapid Growth in the Legal Cannabis Market
According to a report from Grand View Research, the global legal marijuana market was valued at USD $17.7 billion as recently as 2019 and is expected to expand at a significant CAGR of 18.1% between now and 2027.[iv]
With the legalization of marijuana in more and more countries becoming a reality – and an increase in legalization throughout the United States as well – this market could potentially see the growth even stronger than forecast.
In addition, marijuana and CBD-infused products are now more frequently being used for the treatment of chronic conditions such as cancer, arthritis, anxiety, depression, and diseases like Parkinson’s and Alzheimer’s disease.
This growth in both legalization and popularity should continue to propel future growth…and Minerco, Inc. (OTC: MINE) is positioning itself to ride this wave of growth for significant revenue potential.
The company’s 12-acre grow facility is located in Jamaica and just recently Minerco partnered with Lazarus Holistic Ltd. on a licensed cannabis facility in Jamaica.
Minerco, Inc. (OTC: MINE) Launches its In-House Blockchain Token and Payment Application
In February 2021, Minerco, Inc. (OTC: MINE) announced a truly game-changing innovation affecting both the psilocybin and cannabis markets.
The announcement of the company’s new blockchain token SHRU – and its payment application SHRUCOIN Pay, is the first of its kind in the blockchain space.
SHRUCOIN serves as a payment gateway both for cannabis and psilocybin products.
Despite being legal in specific markets, card companies have shied away from authorizing purchases related to Psilocybin or Cannabis because of their Federal Schedule 1 classification.
Within the first 2 weeks of launching the SHRUCOIN, the company saw just about 2,000 customers purchasing coins.
SHRUCOINs can be purchased with a major credit card and SHRUCOIN is actual currency. The SHRUCOIN is a cryptocurrency built on the Ethereum Blockchain as a smart-contract ERC token and is Tethered to several assets as a basket of assets.
Another advantage of SHRU is that it is the company’s own digital currency. Recent data has shown a vast rise in the popularity of Blockchain with tokens such as Bitcoin, Litecoin, and Ethereum.
Minerco’s management is excited to be visible in the same channel that helped these currencies evolve, as they expect similar results with SHRU.
Lastly, SHRU’s overall impact not only benefits the company’s revenue potential but also their humanitarian mission surrounding developing areas.
As an initiative, the company will set aside a percentage of value from each coin toward improving housing and water across regions in both the Caribbean and Africa.
The Blockchain token SHRU can be used for purchases relating to psilocybin and cannabis. SHRU can be purchased at www.shrucoin.com.
Consumers can also utilize the SHRUCOIN PAY app by visiting www.shrucoinpay.com.
Minerco, Inc. (OTC: MINE) is Moving Forward Quickly with its Growth Plans and Achieving its Objectives
Investors looking for potential high-upside exposure to the rapidly growing psilocybin, cannabis, and cryptocurrency markets should consider the recent developments for Minerco, Inc. (OTC: MINE).
Within recent weeks, the company has:
- Worked to achieve its stated goal of retiring its debt…
- Acquired via its acquisition of WLCCO Inc the equipment necessary to manufacture one million microdoses per day…
- Successfully launched its blockchain token SHRU…
- And announced a unique ambassador relationship with international music superstar Sean Kingston to help tell the company’s unique story to the general public.
With the continued expected growth in the company’s primary areas of focus – and its aggressive plans to ramp up production plus the successful launch of SHRUCOIN – the future looks bright for Minerco, Inc. (OTC: MINE).