5 Main Takeaways from Denver Psychedelics Conference

The Colorado Convention Center recently hosted the latest iteration of Psychedelic Science, a massive psychedelic-themed event that attracted thousands of attendees from around the world. Psychedelic Science 2023 was the largest psychedelic conference ever held worldwide, bringing in nearly 12,000 attendees from various walks of life and a host of speakers to talk about recent events and breakthroughs in psychedelics.

Here are the five main takeaways from the fourth Psychedelic Science event;

Psychedelics have caught the eye of a very diverse group of people. The recent conference drew people with a diverse array of backgrounds and interests.mThe exhibition hall, for instance, featured hundreds of vendors with various psychedelic or science-themed products.

Several organizations advertised treatments such as ketamine-assisted therapy, drug-testing kits, and even psychedelics for pets.

People wanted to share their psychedelic experience. Psychedelic trips are often deeply personal experiences that allow people to make profound realizations and insights that they might not have made while sober. Everyone wanted to share their own experiences and it was exceedingly common to hear snippets of random conversations involving taking one psychedelic or the other.

Word of mouth has been one of the most common mediums for passing information about psychedelics, such as one veteran who benefitted from hallucinogens telling another vet about his treatment.

NFL player Aaron Rodgers credited ayahuasca with upping his game. The quarterback told podcaster Aubrey Marcus that using the psychedelic concoction granted him “deeper self-love” and allowed him to improve his performance on the field.

Rodgers noted that before his first experience with ayahuasca in 2020, he had scored 26 touchdowns and made 4 interceptions. In the year after his psychedelic experience, Rodgers made 46 touchdowns and 5 interceptions, and was crowned most valuable player (MVP), a string of feats that he partly attributes to ayahuasca.

Colorado Governor Jared Polis praised his state’s psychedelic framework and said that his state should be the standard for psychedelic policies. Speaking at the Bellco Theater, Polis said Colorado is in the midst of implementing the ballot measure that decriminalized certain psychedelics in 2022.

Furthermore, Polis said that Colorado should copy policies from its cannabis industry and expunge the records of individuals with certain psychedelic-related convictions.

Former Texas Governor Rick Perry expressed support for psychedelics. The Republican revealed that he started supporting psychedelic reform after seeing a family friend fail to find a cure for PTSD after serving as a Navy SEAL in Afghanistan. After nearly every conventional method of treatment, the Navy Seal turned to psychedelic-assisted treatment and saw overwhelmingly positive results. This changed Perry’s opinion on psychedelics and put him firmly on the side of researching psychedelics for their potential medical benefits.

As these stories of people who have benefited from using psychedelics continue to proliferate, the hope that enterprises such as Compass Pathways PLC (NASDAQ: CMPS) make breakthroughs and bring to market safe psychedelic-based treatments will keep increasing in the public as patients would prefer regulated medicines as opposed to self-prescribed psychedelic use.

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