NewsRoom Articles - Page 66 of 154 - PsychedelicNewsWire (PNW)

MondayMar 14, 2022 11:24 am

Missouri Legislator Files Measure to Decriminalize Psychedelics

Last week, a Missouri legislator filed a measure that would legalize an extensive range of psychedelic drugs for therapeutic use and decriminalize low-level possession in the state. The measure was sponsored by Republican lawmaker, Rep. Tony Lovasco. It is the latest example of psychedelic reforms being introduced in states that are traditionally conservative. The measure would provide patients suffering from conditions such as post-traumatic stress disorder treatment-resistant depression and other terminal illnesses with access to a wider range of substances including ibogaine, mescaline, DMT and psilocybin in a clinical setting. Patients will be allowed to access this treatment option at…

FridayMar 11, 2022 2:06 pm

Research Finds That Psilocybin Mushrooms May Help Treat Severe Depression

Psilocybin has been used for millennia around the globe for many uses, including for spiritual connections as well as a remedy in some Indigenous communities. Research has shown that this hallucinogenic compound found in “magic mushrooms” can be used to treat severe depression. However, since it was banned in 1970, psilocybin remains classified as a Schedule I substance under the Controlled Substances Act. Substances under this classification are considered to have a high potential for abuse with no accepted medical use. This isn’t the case for most substances under this classification, and as more research on psychedelics surfaces, this may…

FridayMar 11, 2022 10:00 am

Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) Reports Positive Pre-IND Meeting with FDA, Changes to Its Clinical Trial Approach; Plans Breakthrough Therapy Designation Request for MYCO-001

Mydecine recently reported a positive Pre-IND meeting with the FDA for the MYCO-001 smoking cessation study According to the Center for Disease Control (“CDC”), tobacco is the leading cause of preventable deaths in the U.S. Following the FDA meeting, the company now intends to perform a Phase 2b study and then a Phase 3 study instead of a seamless Phase 2/3 clinical trial Mydecine plans to submit a request for breakthrough therapy status with its IND submission Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) has continually taken steps toward fulfilling its mission to become a trusted source of safe and…

ThursdayMar 10, 2022 12:07 pm

Psychedelics May Help Individuals with Eating Disorders

Negative body image usually causes anxiety and depression, and in most people, it can also cause eating disorders and body dysmorphia to develop. Figures from the National Association of Anorexia Nervosa and Associated Disorders show that about 9% of the global population suffers from eating disorders. These conditions mainly affect women, many of whom have shared how psychedelics have helped them manage body dysmorphia, dissatisfaction and the stress, depression and anxiety that accompanies this cycle. Body dysmorphia is a psychological disorder that causes an individual to imagine imperfections or overvalue minute imperfections by being excessively concerned with their bodies. While…

WednesdayMar 09, 2022 1:17 pm

Colorado May Soon Decriminalize Psilocybin Mushrooms

Psychedelics were made illegal when the Controlled Substances Act of 1970 was enacted, with most of the substances being classified as Schedule I. Substances under this category are considered to have a high potential for abuse with no current accepted medical use. However, recent studies have shown that naturally derived psychedelics, including DMT, ibogaine and mescaline, which have been used by various communities for hundreds of years, possess the potential to heal a number of indications. These clinical trials and studies have shown that psychedelics such as psilocybin have the potential to treat post-traumatic stress disorder, end-of-life anxiety and severe…

TuesdayMar 08, 2022 3:18 pm

Dr. Bronner’s to Provide Employees with Ketamine-Assisted Therapy

In a recent press release, Dr. Bronner’s revealed that it had broadened its mental healthcare coverage as the first step in its strategy to provide access to psychedelic-assisted therapy to its employees as a means to promote mental health. This plan, which includes the use of ketamine in combination with therapy, is to be administered by Enthea, a not-for-profit healthcare organization that is responsible for benefit plan administration, provider network management and medical policy development. The organization also establishes quality-of-care standards for provided treatments, including the management of a specialty provider network. Dr. Bronner’s is collaborating with Enthea because both…

MondayMar 07, 2022 12:13 pm

Signs the Psychedelics Renaissance Is Here to Stay

It seems psychedelics are here to stay, what with the developments being seen in different parts of the country. These natural substances were being used by Indigenous communities way before the West began to embrace the use of drugs such as LSD in the ‘50s. During this period before the drugs were banned in 1970, significant research looking into psychedelic-assisted therapy was conducted, with numerous studies showing their potential in the treatment of addiction, anxiety and depression. Recently, we’ve seen psychedelics go mainstream again, thanks to new clinical trials and studies that have convinced regulatory bodies, including the U.S. FDA…

MondayMar 07, 2022 11:00 am

Cybin Inc. (NEO: CYBN) (NYSE American: CYBN), Chopra Foundation Partner in Efforts to Support Progress Toward Psychedelic-Based Therapeutics

Psychedelic drugs are on cusp of entering mainstream treatment for mental illness Cybin, Chopra Foundation to collaborate on efforts aimed to support education, awareness about psychedelic therapy mental health research Cybin “one of the only companies that may truly address the needs of patients and providers,” says Dr. Deepak Chopra A significant increase in research and growing public support are key indicators of the future of psychedelics, which are “on the cusp of entering mainstream psychiatry,” according to a recent “New York Times” article (https://ibn.fm/GshwS). Another strong indicator of the future of psychedelics is the exciting partnership just announced by…

FridayMar 04, 2022 12:43 pm

Utah Legislators Advance Approved Psychedelics Bill to Governor’s Desk

Last week, legislators in the state of Utah sent a measure to the governor that would establish a task force to conduct research on the therapeutic potential of various psychedelic substances and make recommendations on potential regulations for their legal use. The bill, which was introduced by Rep. Brady Brammer, was passed by both the House and Senate, with 68 to 1 and 23 to 1 votes respectively. It remains unclear where the state’s governor, Gov. Spencer Cox, stands on this issue. The recommendations made by the panel on these substances, which are defined as controlled substances under the Controlled…

ThursdayMar 03, 2022 2:17 pm

How Investors Can Cash In on the Boom in the Psychedelic Field

The psychedelic sector has seen major growth in the past few years as consumer interest in psychedelic drugs as alternative medicines has increased. As research into psychedelics picks up steam and lawmakers discuss legalizing the substances, industry experts project that the psychedelics industry will experience significant growth over the next decade. Last year was a pretty good year for the nascent sector, and a new report indicates the industry could reach even greater highs in 2022. For investors who are looking to diversify their portfolio and invest in an emerging industry, psychedelics present an attractive opportunity. According to the Defiance…

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