A New Psychedelics Stocks ETF Just Launched: Here's Why It's Important

Psychedelics stocks could be the next big thing. For investors who prefer to buy a basket of stocks, there's now a new exchange-traded fund that focuses largely on psychedelics stocks -- the Defiance Next Gen Altered Experience ETF (NYSEMKT: PSY). In this Motley Fool Live video recorded on June 11, healthcare and cannabis bureau editor Olivia Zitkus and Motley Fool contributor Keith Speights discuss why the launch of this new ETF is important.