WednesdayNov 04, 2020 3:45 pm

Researchers Look into Creating Powerful Drugs Free from Undesirable Side Effects

Psychedelics, such as magic mushrooms and LSD, have shown to be extremely effective in treating PTSD and depression. With more states working towards decriminalizing psychedelic substances, we can do more than hope that these drugs will become legal alternative forms of therapy in the near future. However, their use is currently restricted because of the hallucinogenic effect they can cause. So how do we reap the benefits of these compounds while avoiding their unwanted side effects? Ron Dror, an associate professor of computer science from Stanford University, has found an answer. The professor and his research team are currently developing…

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TuesdayNov 03, 2020 3:59 pm

Pure Extracts Consolidates Hold on Canada’s Extract Sector; Receives Standard Processing Licence from Health Canada

Pure Extracts Technologies specializes in extraction of key molecules, oils from biomass Extracts are used to manufacture THC & CBD oils, edibles, infused beverages Edible and infused beverage products have been available in Canada since late 2019, taking up 13% market share within Canada’s specialty drug market Pure Extracts recently awarded standard processing license by Health Canada, which will enable the Company to produce clinical trial samples in its purpose-built facilities located near Whistler, Canada Pure Extracts Technologies, a Pemberton, British Columbia-domiciled private plant extraction company, has witnessed its fortunes rise as of late. The Company’s unique business model is…

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TuesdayNov 03, 2020 3:50 pm

Rritual Mushrooms, Inc. Is Increasing Awareness of Medicinal Mushrooms and Adaptogenic Herbs

The functional mushroom space has no clear leader, allowing for Rritual to target the role as the only premium brand currently on the market The company’s premium suite of products will be available first online through their website and the Amazon shop Rritual was the runner up for the Buyer’s Choice Award in the virtual ECRM presentation that connects companies with retail establishments creating business relationships The company was chosen for a special ECRM program on October 22, 2020, due to its award-winning status, connecting it to major retailers such as ALDI, Costco, Albertsons/Safeway, and Amazon The current functional food…

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TuesdayNov 03, 2020 11:30 am

Oregon Psilocybin Ballot Initiative Can Help Dying Patients Find Peace, Doctor Says in Campaign Advert

In a new TV ad, a medical doctor states that Oregon’s measure to legalize psilocybin therapy has the potential to help alleviate the mental suffering that people who are terminally ill go through. In the short ad, Dr. Nick Gideonse explains that having worked in hospice care for almost three decades, he believes that when people are dying, their pain — whether it is mental or physical — should be treated. Gideonse added that mental suffering often accompanies a terminal prognosis. This is why he supports Measure 109, which allows psilocybin therapy for people who are terminally ill and going…

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MondayNov 02, 2020 12:36 pm

CYBIN Corp. Set to Benefit from Growing Research, Interest in Psychedelics

Backed by an anonymous donor, Berkeley launches a center for psychedelic science and public education Berkley follows examples of other notable universities such as Johns Hopkins in Maryland, Imperial College in London, and Canadian Centre for Psychedelic Science As an innovative company focusing on psilocybin, CYBIN is set to capitalize on growing academic, commercial attention UC Berkeley is joining other prominent academic institutions, including Johns Hopkins University in Maryland and Imperial College in London, to accelerate the scientific research of psilocybin by launching a new center focusing on the compound (https://ibn.fm/CL4wX). As a mushroom life science company that expects to…

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MondayNov 02, 2020 10:45 am

Psychedelics Company Makes History as First Firm to Legally Harvest Magic Mushrooms

Numinus (TSX.V: NUMI) has become the first psychedelics company in Canada to legally complete a harvest of magic mushrooms since the 1970s. The healthcare company, which is based in Vancouver, focuses on product development and research. The company harvested its first psilocybin mushrooms last week at its licensed facility in Nanaimo, where it also manages a testing and research laboratory. The company received a license from Health Canada to cultivate and extract magic mushrooms in June and is currently developing solutions and formulations to be used in the rapidly growing psychedelic therapy space. The license, which was issued under the…

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FridayOct 30, 2020 3:00 pm

Study Finds Microdosing on Psychedelics Provides More Benefits Than Disadvantages

According to new research published in the “Journal of Psychopharmacology,” individuals who take microdoses of psychedelic drugs report improvements in creativity and mood. Rotem Petranker, the study author, and his colleagues observed a growth in public interest with regard to consuming microdoses of psilocybin or LSD. This purportedly helps enhance emotional or cognitive functioning. However, this has not been proven because of insufficient research. Petranker, who is the associate director of the University of Toronto’s Psychedelic Studies Research Program explains that any individual who is interested in mapping out consciousness should consider psychedelics as a useful perspective. He adds that…

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ThursdayOct 29, 2020 3:30 pm

Study Suggests Psychedelics May Encourage Connectedness, Reduce Narcissism

In a new study published in “Psychopharmacology,”, researchers argue that feelings of awe elicited from psychedelic drugs may influence narcissistic personality traits positively. The study discovered that psychedelic experiences that evoke feelings of awe were connected to increased feelings of empathy and connectedness, which are linked to reduced levels of exploitative-entitled narcissism. Because prior research had demonstrated that psychedelic substances could improve mental well-being and intensify feelings of social connectedness, the researchers of this study chose to instead focus on finding out whether the effects from these substances had an impact on narcissism. The study authors, Ruairi Patterson, a University…

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WednesdayOct 28, 2020 3:45 pm

Voters in Key Jurisdictions Now Have Chance to Vote on Psychedelics

As psychedelics go mainstream and more states look into decriminalization, it appears fairly certain that these substances will be legalized in the near future. And with the many benefits they provide therapeutically, we may see an increase in the number of alternative psychedelic treatments for various ailments over the next few years. The FDA has granted both psilocybin and MDMA breakthrough therapy status, which will help expedite their legalization for use as mental health medications for mental disorders. As a result of this expectation, concerns are being raised about how psychedelics will become legal. With organizations such as Decriminalize Nature…

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TuesdayOct 27, 2020 1:39 pm

Legal, Regulatory Aspects Psychedelics Companies Should Consider Before Going Public

In the past few months, many of the stocks that were the most actively traded on the Canadian Securities Exchange were shares of firms involved in the psychedelics industry. Firms operating in the psychedelics industry have also listed on the NEO Exchange and TSX Venture Exchange in Canada. Additionally, other firms in the sector are currently raising capital to help develop their businesses and are planning on “going public” in Canada. A common misconception is that all these companies raising capital from the investment community and listing on stock exchanges are psychedelics companies. It should be noted that the firms…

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