Uncategorized Archives - Page 59 of 87 - PsychedelicNewsWire (PNW)

MondaySep 28, 2020 3:30 pm

Canada Sees Spike in Licensed Ayahuasca Churches

The Centre of Universal Illumination Luz Divina, located in Winnipeg, Manitoba recently became the 6th religious group to receive government exemption to legally import and use ayahuasca. The organization is part of a number of religious groups that have permission from the Canadian government to use ayahuasca. This comes at a time when researchers and advocates are calling for more research to be done on the potential benefits of the psychedelic substance as well as its decriminalization. Thus far, Health Canada has granted only 6 exemptions for churches in Toronto, Winnipeg and Montreal. The exemptions allow them to import and…

FridaySep 25, 2020 2:30 pm

Ann Arbor City Council Votes to Decriminalize Psychedelics

Earlier on Monday, the Ann Arbor, Michigan City Council unanimously voted to decriminalize a wide range of psychedelic substances. Decriminalize Nature Ann Arbor, an organization that advocates for decriminalization of entheogenic plants such as ayahuasca and psilocybin, with different branches across the country, brought the proposal before the city council. Council members Jeff Hayner (D) and Anne Bannister (D) sponsored the measure, which is similar to previously approved measures in Santa Cruz and Oakland, California. In a recent press release, Hayner said that the decriminalization of naturally-occurring psychedelic medicines is necessary for progress and that we could no longer keep…

FridaySep 25, 2020 9:00 am

Did You Celebrate 9/20? A Peek into the Psychedelic Mushrooms Holiday

Each year, millions of stoners around the world celebrate 4/20, which is the international marijuana holiday and also 4/19, also known as Bicycle Day; which is the anniversary of the day Albert Hoffman, a chemist, intentionally took LSD then rode his bike through Basel in Switzerland. Unlike 4/19 which was established in 1943 and 4/20 which was established in the 1970s, September 20 is fairly new in the holiday scene. In 2015, Nicholas Reville, who is a mushroom advocate from Providence in Rhode Island, christened September 20 an educational day of action. This is aimed at encouraging more discussions around…

WednesdaySep 23, 2020 2:15 pm

Compass Pathways (NASDAQ: CMPS) Begins Trading on Nasdaq Global Select Market

Last Friday, psychedelic drug company Compass Pathways (NASDAQ: CMPS) began trading on the Nasdaq Global Select Market. Its shares surged 70.6% and closed at $29.00. This lifted the market cap to almost $1 billion. The launch comes after Compass Pathways reportedly upsized pricing for its IPO. The company is backed by Peter Thiel, PayPal cofounder and billionaire investor. Compass Pathways is a London-based company that is studying hallucinogenic mushrooms as a therapeutic. The company’s IPO was $17 per share, which was an increase from the initial $14-$16 expectation that had been announced earlier in the week. This put the valuation…

WednesdaySep 23, 2020 1:51 pm

United Bid to Liberalize Use of Psilocybin Strengthens

Leading UK scientists, policy group call for rescheduling of psilocybin amid looming mental health crisis Sent to the Home Office with statements of support from leading scientists, paper urges for psilocybin use on a research-only model Cybin Corp. to capitalize on international expansion of psilocybin use as a company active in both research, nonclinical spaces The United Kingdom (“UK”) is joining other countries, including Canada, in a push to facilitate the wider use of psilocybin, a naturally occurring compound found in mushrooms. Focusing on psychedelic and nutraceutical products, Cybin Corp. is poised to leverage the growing global momentum the compound is…

TuesdaySep 22, 2020 4:29 pm

Survey Shows Increased Dutch Interest in Psychedelics During Pandemic

In the Netherlands, the coronavirus pandemic and resulting lockdown significantly decreased drug use, particularly the use of ecstasy and cocaine. Its capital, Amsterdam, recorded the biggest decrease. The government-imposed restrictions that resulted in the closing of restaurants, cafes and clubs on March 15 led to home confinement for a majority of people. This presented a unique situation for researchers to measure drug use without the presence of an active night life or tourism in the society. The KWR Water Research Institute conducted an analysis of waste water in Amsterdam, Eindhoven and Utrecht between March 18 and 24 this year. The…

MondaySep 21, 2020 3:15 pm

Psychedelic Treatments: Bringing Out the Truth

In a discussion with Charles Raison, Psych Congress co-chair and professor at the University of Wisconsin-Madison, Penn., psychedelics, when used as treatments were more than just finding another way to reduce a disease’s symptoms. Andrew D. Penn is also a Psych Congress member and an associate clinical professor at the University of California. He explains that psychedelics would redefine psychiatry as the substances focused on healing. The field of psychiatry has tried to find a means to cure people, without success. Instead, the field has succeeded in reducing or rather, managing symptoms, which is not necessarily a bad thing. It…

MondaySep 21, 2020 1:14 pm

Pure Extract Technologies Inc. Sets Sights on Functional Mushroom Industry

Pure Extract Technologies focuses on extraction of volatile plant molecules Company has recently announced entry into functional mushroom market, providing extraction services Pure Extract applying for Natural Health Products site license with Health Canada, which will help ensure that high quality standards will be upheld while also lending Company sales entry into foreign markets Company is set to focus on development of tinctures, soft-gel products, followed by move into creating beverage formulations as well as oral and nasal sprays Pure Extract Technologies, (“Pure Extracts”) a Pemberton, British Columbia-domiciled private plant extraction company, has a successful history as the supplier of…

FridaySep 18, 2020 3:00 pm

Want to Learn More About the Psychedelic Experience? Read These Books!

With the many studies being conducted on the potential benefits that psychedelic substances may offer to humans as well as the up and coming psychedelic companies, psychedelics are going mainstream, and you must be having lots of questions about these substances. To educate yourself more on the spiritual and therapeutic potential of psychedelics, below are a few must-read psychedelic works that cover a range of related subjects with details on various clinical studies that have been done over the years. Drugged by Richard J Miller Richard J Miller, a Northwestern pharmacology professor, was first introduced to psychedelics while attending Woodstock,…

FridaySep 18, 2020 12:54 pm

Cybin Corp. New CEO Set to Pave Path to Profitability, Grow IP Portfolio Organically

Cybin announces appointment of established pharma industry figure as new CEO Drysdale leverages 30 years of leadership, entrepreneurial experience in life-science space Announcement comes as Cybin sets out on path to profitability Cybin Corp., an innovative life science company developing mushroom-derived psychedelic pharmaceuticals and nonpsychedelic nutraceutical products, has announced the appointment of Mr. Doug Drysdale as the company’s Chief Executive Officer. With more than three decades of experience, the new leader recognizes psychedelics as a major breakthrough in treating mental health conditions. Drysdale joins Cybin to pave the road for the company’s rapid growth, underpinned by the recent strong push…

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Category: Uncategorized