Psychedelic Stocks Archives - Page 16 of 61

TuesdayNov 21, 2023 3:01 pm

Psychedelics Could Provide Revolutionary Way to Save Millions in Healthcare Costs

Johns Hopkins University recently held a congressional briefing series that was attended by experts from different fields, including policymakers as well as members of the public. During the briefings, associate professor Matthew Eisenberg posited that treatment with psychedelic substances in the long-term could save millions in dollars for the healthcare system while also transforming it. Eisenberg cited data showing that one in twenty-five individuals in America suffered from a severe mental illness while one in five adults had a mental illness. He explained that the standard of care treatment for mental conditions involved cognitive therapy and the long-term use of…

MondayNov 20, 2023 4:04 pm

Psychedelics Offer Hope to Trans People Facing Mental-Health Challenges

Many experts believe psychedelic-assisted therapy represents a new frontier in psychiatric treatments. A growing body of scientific literature has connected various psychedelics with significant and long-term improvements in mental health with barely any side effects. Consequently, plenty of experts in the scientific and medical communities now consider psychedelics as potential treatments for debilitating mental conditions such as post-traumatic stress disorder (PTSD), treatment-resistant depression and eating disorders. But with psychedelic research still in its infancy, scientists are studying hallucinogens such as psilocybin, LSD and ayahuasca diligently and making discoveries regularly. Recent research efforts have found that hallucinogens may also be able…

FridayNov 17, 2023 11:54 am

Psychedelic Cup in Denver Attracts People Curious About Psilocybin

Late last year, voters in the state of Colorado approved the Natural Medicine Health Act, which decriminalized the personal use of substances such as psilocybin mushrooms for those aged 21 years and older. This year, another measure that legalized testing laboratories for psychedelic substances was approved. The Psychedelic Club of Denver, a volunteer-run nonprofit organization, is focused on community education, harm reduction and destigmatization of psychedelic substances. The club recently hosted its first-ever competition for homegrown psilocybin mushrooms, called the Psychedelic Cup. The goal of the event was to collect data on different psilocybin mushrooms that was previously unknown in…

ThursdayNov 16, 2023 2:27 pm

Psilocybin Mushroom Music Festivals Growing in Popularity

In the recent years, we’ve seen more studies explore the therapeutic benefits of psychedelics, with researchers as well as public figures such as Prince Harry discussing the mental and physical health benefits of these substances. Some countries have even relaxed their laws on psychedelics, with Australia becoming the first country in the world to legalize the medical use of psychedelics. The state of Oregon as well as some cities in the United States have done the same, with members of Parliament in the United Kingdom now championing for rescheduling. Some artists have also been pairing their music with psychedelics. For…

WednesdayNov 15, 2023 2:01 pm

FDA Guidance on Psychedelic Trials Sparks Debate Regarding Psychological Support’s Role

Psychedelics have been subject to significantly increased attention from the medical and scientific communities in recent years due to claims of their medical efficacy against various mental health conditions. While a majority of psychedelic compounds are still illegal at the federal level and in most states, increasingly promising findings have resulted in at least 100 conferences on psychedelic research and medicine in the United States alone over the past three years. The main agenda at these events has been how psychedelics and psychedelic-assisted psychotherapy can aid in the treatment of conditions such as anxiety, depression and post-traumatic stress disorder (PTSD).…

TuesdayNov 14, 2023 3:39 pm

NIH Announces $2M Funding for Psychedelic Research into Treating Substance-Use Disorders

Last week, the National Institutes of Health (NIH) announced funding for the development of psychedelic treatments for substance-use disorder. This latest announcement comes after three earlier notices posted by the NIH, which centered on funding opportunities for managing drug addiction using psychedelics. One of the postings would focus on understanding how psychedelics worked while the others would center on the use of these drugs on human subjects in clinical trials. In its recent statement, the federal agency revealed that it planned to allocate $2 million in grant money for research projects for the fiscal year 2025. This funding, which will…

MondayNov 13, 2023 2:32 pm

VA Expresses Willingness to Consider Psychedelics as PTSD Treatments

The United States Department of Veteran Affairs (VA) has expressed that it is willing to consider the use of psychedelics in post-traumatic stress disorder (PTSD) treatment. In a statement issued to KDKA-TV Investigates, the agency said that it is open to the use of hallucinogenics to treat PTSD and noted that it is “committed to safely exploring” all paths that benefit U.S. military veterans. Psychedelics have attracted a lot of attention in recent years due to claims of their medical efficacy, especially against mental-health conditions. A growing body of scientific literature has found that psychedelics such as MDMA and psilocybin…

FridayNov 10, 2023 3:24 pm

Minnesota Task Force on Psychedelics Starts Meeting in Preparation for Policy Reforms

A psychedelic task force commissioned to research the therapeutic benefits of LSD, MDMA and psilocybin in Minnesota and prepare the state for possible psychedelic legalization recently held its first meeting. Task force members chose a chairperson during the meeting and outlined a plan for the next few months. The psychedelic task force was formed in late May when the Minnesota legislature passed a large-scale health policy bill with psychedelic-centered language and sent it to Governor Tim Walz’s desk. The legislation established a Psychedelic Medicine Task Force and charged it with advising legislators on the medical, policy and legal issues associated…

ThursdayNov 09, 2023 2:18 pm

Neuroscience Study Shows Psychedelic-Assisted Therapy Causes Rapid Changes in Brain

Psychedelic-assisted therapy has the potential to revolutionize mental-health treatments over the next couple of decades. This is an entirely new mode of treatment that involves putting patients under the influence of various hallucinogens to trigger psychedelic experiences, followed by talk therapy. A recent study has found that the combination of psychedelics and psychotherapy can induce rapid changes in the brain, potentially resulting in the treatment’s high efficacy. As psychedelic research is still a relatively new field, scientists are constantly studying hallucinogens such as psilocybin (magic mushrooms), LSD and ayahuasca to try and understand how they deliver their benefits at a…

WednesdayNov 08, 2023 11:59 am

Treat California Pulls Plug on 2024 Psychedelic Legalization Drive

A campaign that was working to legalize psychedelics in California has suspended its efforts to get a psychedelic legalization initiative on the 2024 ballot. Treat California is a citizen-driven ballot measure that would have funded the research and development of psychedelic medicines in California. The campaign recently announced that it is pulling out of the signature-gathering process and will be focusing its attention on a recently founded nonprofit organization committed to improving mental health and well-being. Although Californian voters have expressed major support for legalizing psychedelic research and expanding the public’s access to psychedelic-assisted treatments, recent surveys show that a…

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