Donald Trump’s call to deregulate psychedelics boosts drugmakers’ shares
Stock in UK-based Compass Pathways jumps to highest level in two years following president’s executive order
Stock in UK-based Compass Pathways jumps to highest level in two years following president’s executive order

US president’s order would categorise cannabis as less dangerous and remove it from grouping with heroin and LSD

Tariff deals with the US have bought time but investment momentum is elsewhere

Move is latest broadside by Trump administration against pharmaceuticals industry that fought to derail changes

Trump’s threat of pharmaceutical tariffs has boosted investor interest in US drugmakers

EU agency warns potent forms of recreational drug flooding Europe put users at risk of severe damage to mental health

Levies of 100% on certain medicines would implement threats Trump made last year