Congress to Vote on Psychedelics Research Amendments for Active Military Members

Congress to Vote on Psychedelics Research Amendments for Active Military Members As is so often the case, legislators have introduced various amendments to upcoming legislation for active military members. Those include measures to protect banks that offer their services to state-legal cannabis businesses and those that will facilitate research on the benefits of psychedelics for […]

Investors Turning to Psychedelic Market as Renaissance Continues into New Wave of Diseases

NEW YORK, Sept. 27, 2021 /PRNewswire/ — The emergence of psychedelic therapies as a popular investment a few years ago was mostly underscored by investors that rode the cannabis wave seeing a brand-new opportunity with drugs such as psilocybin, LSD, MDMA, DMT, and others to address hard-to-treat mental health diseases, namely depression, addiction, post-traumatic stress disorder, […]

Drug Startup Raises $70 Million for Psychedelics Without a Trip

(Bloomberg) — Delix Therapeutics Inc., a Boston-based company that’s researching compounds similar to psychedelic drugs like LSD but without their hallucinogenic effects, raised $70 million in an initial funding round, according to Chief Executive Officer Mark Rus. The company, which has yet to do clinical trials, focuses on mental-health treatments and has a stated mission […]

DMT Increases Growth Of Rat Neurons By 40 Percent, New Data Shows

The psychedelic drug N,N-Dimethyltryptamine (DMT) has been found to stimulate the growth of rat neurons in a test tube. Though data from this groundbreaking experiment has yet to be peer-reviewed, the researchers behind the project say it could lead to the development of new DMT-based treatments for stroke victims. Famously found in the hallucinogenic Amazonian […]

Fund seeks to clear doubts about investing in psychedelic stocks – The Royal Gazette

Asset managers professionals, angel VCs and others interested in learning and networking with industry advocates have been invited to participate in a lunchtime webinar on Thursday to explore investing in psychedelic technology. The $60-million Conscious Fund invests in global early-stage ventures in psychedelic medicine, helping deliver better outcomes for mental health, addiction and pain. Bermuda […]

How Effective Is Fireside Project’s Psychedelic Hotline? New Study Aims To Find Out

The Fireside Project’s Psychedelic Peer Support Line launched in April. The non-profit organization … [+] has partnered with UCSF to conduct a study of how effective the hotline is for those who might be experiencing a challenging psychedelic trip. getty The psychedelic renaissance has brought about many innovations, including a new resource that was created […]

Research Points to Benefits of Psychedelics and Alternative Medicines

Earlier this month, the World Health Organization came out with a report on depression, saying it’s common worldwide and a leading cause of disability. Some doctors are using psychedelics to get people off of antidepressants. The Food and Drug Administration is calling psilocybin a breakthrough treatment for depression. Psychiatrist Dr. Thomas Cook has been practicing […]

Psychedelics May Help Reduce Mental Health Impact Of COVID-19 Pandemic

In addition to the threat to physical health COVID-19 poses, the psychological impact of the pandemic has worsened mental health worldwide. Coping with the emotional fallout of the current crisis will require novel mental health treatment options – and the authors of a new article in the journal Frontiers in Psychiatry say that psychedelic drugs […]

Michael Grieco, Lauren Book bills call for study of magic mushroom, MDMA, ketamine therapies

Democratic state Rep. Michael Grieco is again trying to clear the way for therapy using psilocybin — the hallucinogenic compound found in so-called “magic mushrooms” — for mental health benefits in Florida. This time, he also wants the state to look at ketamine, known colloquially as “special K”; and 3,4-methylenedioxymethamphetamine, also known as MDMA, “ecstasy” […]