This 1 Stock Is a Definite Winner in the Election

The 2020 election had many areas of significance, with investors focusing on renewable energy, healthcare, and navigating the COVID-19 pandemic effects. But voter approval of one state ballot initiative took a potentially historic step in treatment in mental healthcare. 

Oregon became the first U.S. state to legalize the use of psilocybin -- the active ingredient in magic mushrooms -- for the treatment of mental health disorders. The vote has positive ramifications for newly public biotech company Compass Pathways (NASDAQ: CMPS)

Image source: Getty Images.

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Source Fool.com