Psychedelic Stocks Archives - Page 60 of 61

FridayJan 07, 2022 1:38 pm

A Recap of How Psychedelics Fared in 2021

At the start of last year, only a few psychedelic companies were trading on the exchange markets, with Compass Pathways (NASDAQ: CMPS) and Mind Medicine (NASDAQ: MNMD) (NEO: MMED) (“MindMed”) among them. However, this year saw a number of IPOs, which increased the total number of public psychedelic companies trading on the market. These companies include Atai Life Sciences (NASDAQ: ATAI), Field Trip Health (NASDAQ: FTRP) and Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF). This increase brought more resources to the space, which helped ensure its survival. In addition, it widened the scope of treatments being researched as well as the…

WednesdayJan 05, 2022 1:45 pm

Study Finds Psilocybin-Assisted Psychotherapy Effective in Treating Suicidal Ideation in Cancer Patients

Patients with cancer have a high risk of suicidal ideation and suicide, in particular patients in the advanced stages. These individuals often experience a loss of meaning in life and existential distress, which isn’t easily remedied through the use of pharmacological treatments. However, a new study has found that psilocybin when used together with psychotherapy may alleviate suicidal ideation in patients with life-threatening cancers. The improvements observed in patient mental health were maintained months and even years after treatment had been administered. The study’s findings were reported in the “ACS Pharmacology & Translational Science” journal. The researchers, led by Stephen…

TuesdayJan 04, 2022 2:48 pm

Study Finds That Psilocybin’s Therapeutic Effect Isn’t Altered by SSRI Medication

Compass Pathways recently released data that shows that selective serotonin reuptake inhibitor (“SSRI”) drugs can be used together with psilocybin. SSRI drugs are commonly used to treat mental health conditions including anxiety and depression. Estimates show that more than 300 million individuals globally suffer from major depressive disorder, with about one-third of that population not getting finding any help or relief from current therapies. Compass is carrying out a trial for its COMP360 psilocybin formulation, which involves patients on SSRI therapy being administered with one 25 mg dose of its therapeutic formulation. The study found that the treatment outcomes in…

ThursdayDec 30, 2021 1:19 pm

Psychedelics May Be Key to Effective Dementia Treatment

Dementia is known to affect an individual’s mental processes, leading to loss of cognitive functioning. It is typically caused by brain injury or disease and is marked by impaired reasoning, changes in personality and memory disorders. In its later stages, the disease kills off the brain cells linked to muscle control, gradually limiting the person’s ability to stand, walk and even swallow food. Estimates from the CDC show that more than 5.7 million individuals suffer from dementia and Alzheimer’s disease, a progressive disorder that destroys memory. Projections show that this number could reach roughly 14 million in the next four…

WednesdayDec 29, 2021 12:33 pm

Congressman Calls on Colleagues to Urge DEA to Permit Psilocybin Access

Rep. Earl Blumenauer is asking fellow legislators to join him in urging the DEA to permit patients suffering from terminal illnesses to use psilocybin as part of their treatment, without fear of being federally prosecuted. In a letter circulated by Blumenauer, he notes that there are federal as well as state right-to-try legislations that should allow particular patients to access the psychedelic as an investigational treatment. Blumenauer states in the letter that there existed a growing body of evidence pointing to the effectiveness and safety of psilocybin-assisted therapy as a possible way to provide care to people with anxiety and/or…

TuesdayDec 28, 2021 2:17 pm

New Trial to Test Psilocybin Effectiveness in Treating Depressed Healthcare Workers

Researchers from the School of Medicine at the University of Washington are conducting a clinical trial to treat depressed medical professionals using psychedelics. This comes at a time when healthcare professionals in the United States are seeking ways to deal with the emotional and mental anguish brought on by the coronavirus pandemic. A survey conducted last year that involved more than 20,000 health care workers found that 49% suffered from burnout as a result of the pandemic while another 38% revealed that they had experienced depression or anxiety. Another report from Morning Consult has also highlighted that more than one-half…

MondayDec 27, 2021 2:20 pm

Colorado Activists File Measures to Legalize Psychedelic Substances

Voters in the state of Colorado may get the chance to vote to legalize the growing and possession of psychedelic substances next year, as well as establish a system of licensed businesses to produce psychedelics such as ibogaine, DMT and psilocybin to be used at healing centers. This comes after New Approach PAC filed a pair of psychedelic reform measures for the state’s 2022 ballot with the secretary of state’s office. New Approach PAC is a national advocacy group that is behind the medical psilocybin legalization measure that voters in Oregon passed in 2020, as well as a couple of…

ThursdayDec 23, 2021 1:53 pm

Study Links Ayahuasca’s Ceremonial Use to Decline in Neuroticism

A new study has found evidence suggesting that the use of ayahuasca in ceremonies can cause a substantial decrease in neuroticism. Neuroticism is a personality trait that has been linked to anxiety and depression. Ayahuasca, on the other hand, is a brew that has been used by the indigenous peoples of the Amazonian basin and Brazil for centuries. It contains monoamine oxidase inhibitors and DMT, a potent psychedelic substance. Prior studies have discovered evidence proposing that the consumption of ayahuasca has psychological benefits. Brandon Weiss, an Imperial College London research associate and author of the new study, stated that the…

WednesdayDec 22, 2021 1:16 pm

Study Finds Psychedelic Substances Improve Mental Health by Increasing Emotion Regulation

Findings from a new study show that the use of psychedelics may improve an individual’s mental health. The research, which was published in the “Journal of Humanistic Psychology,” discovered evidence of a pathway that facilitates the increase of spirituality after using psychedelics, which in turn causes better emotion regulation. It is this improvement in emotion regulation that researchers believe decreases disordered eating and symptoms of anxiety and depression. For centuries now, various indigenous tribes of the Amazon as well as other non-Western cultures have used psychedelic substances, including ayahuasca and psilocybin, in spiritual ceremonies. Their medicinal benefits are currently being…

TuesdayDec 21, 2021 3:17 pm

Survey Finds That People Microdosed on Psychedelics to Cope with Pandemic

A recently conducted survey has discovered that during the coronavirus pandemic, individuals who use drugs recreationally have been microdosing on psychedelic substances to improve their mental health. Researchers believe that this discovery shows that some individuals living with mental health conditions obtained relief from microdosing on substances such as psilocybin mushrooms and LSD. The survey was conducted by the Global Drug Survey, an independent research company based in London. From December 2020 to March 2021, the company gathered data from more than 32,000 individuals in 20 countries. The survey found that the majority of the respondents who had used psychedelics…

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