The psychedelics based therapeutics space has caught the attention of many investors in recent times and one of the players in that space is Mind Cure Health Inc (OTCMKTS:MCURF). The company is involved in research and proprietary technologies meant for the sector.
However, over the course of the past week, the stock has been in the middle of a downward spiral and tanked by as much as 8%. Yesterday, the Mind Cure stock was in the news after it announced that it appointed a new Advisor in the form of Jerry White. It could prove to be an inspired move from the company and it is important for investors to take a closer look.
White is currently employed by the University of Virginia as a Professor of Practice and is also well known for being a humanitarian activist and author. More importantly, he is actually more famous for being the leader of highly impactful global campaigns and had also been conferred with Nobel Peace Prize back in 1997.
It goes without saying that such an appointment raises the prestige of Mind Cure Health to a considerable degree and it remains to be seen if it can have any positive effect on the stock price or not.
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