Analysis Predicts Most States Will Have Legalized Psychedelics by 2037

A new analysis carried out by researchers at Washington University in St. Louis has projected that by 203, most states will have legalized psychedelics. After Denver became the first county to decriminalize the use of psilocybin in 2019, many other counties and even states have followed suit. For instance, the state of Oregon approved ballot measures that not only promoted research into psychedelics but also ended the substances’ criminalization and legalized their therapeutic use.

In November, the state of Colorado legalized the possession of an extensive range of psychedelics after a ballot measure with this provision was approved by its voters.

For their research, the investigators compiled and conducted an analysis of data on psychedelics proposals that have been introduced and enacted in state legislatures and cities across the United States in the period between 2019 and 2022 as well as ballot measures on the same. The data was obtained from Ballotpedia, LexisNexis and BillTrack50.

Based on a statistical model of cannabis legalization, projections showed that most states would have legalized psychedelics by 2037.

The researchers also found that one-half of the states in America have considered a total of 74 psychedelic resolutions, including 5 ballot measures and 69 legislative measures. Their results show that of the total number, 32 measures were still active while 10 bills had already been enacted. This is in addition to finding that most of the reform measures centered on psilocybin, with MDMA coming in second on the most common substances referenced.

In their report, the researchers stated that while the movement to decriminalize psychedelics started in more liberal states, the margin between conservative and liberal states had reduced over time, which suggested that psychedelic drug reform was becoming a bipartisan issue. They also noted that collaborations between the parties would be good for the reform movement.

In addition, the investigators explained that the future of psychedelics in the United States would be impacted by various factors including the outcome of FDA decisions based on ongoing clinical trials on the use of these substances in the treatment of various indications. They added that actions from the Drug Enforcement Administration (DEA) on the scheduling of psychedelics and legislative reform at the state level could also impact the future of these substances.

The researchers’ findings were published in the “Journal of the American Medical Association Psychiatry.

In other news, the DEA recently released its 2023 production quotas for research drugs, which show significant increases in the psychedelic compounds to be manufactured.

The probability of different jurisdictions passing psychedelics reforms is likely to increase as more entities such as Seelos Therapeutics Inc. (NASDAQ: SEEL) publish positive results from their studies focusing on the medicinal benefits of these compounds.

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