Toronto Firm Receives First Federal Government Funding to Study Psilocybin
After decades of prohibition, Canada is finally opening the door to psychedelic research. Canada banned psychedelics nearly 50 years ago, outlawing the production and use of psychedelic drugs such as psilocybin, the main psychoactive agent in magic mushrooms, and making it nearly impossible to research these drugs. However, the winds have been shifting in favor of psychedelics in recent years as more people have begun using them to address mental health conditions including (PTSD) and major depressive disorder. A Toronto-based company has now received Canada’s first-ever federal government funding to run a study on the impact of psilocybin on depression.…