Psychedelic Stocks

Study Finds More Than 5.5 Million Adults in the US Use Hallucinogens

Hallucinogens are drugs that alter an individual’s feelings and thoughts as well as the awareness of their surroundings. These drugs are usually classified as either dissociative drugs or classic hallucinogens. Classic hallucinogens include LSD, MDMA, ayahuasca, THC and mescaline while dissociative drugs include PCP (phencyclidine), ketamine and DXM, which is also known as lean. New research has found that the use of hallucinogens in America has significantly risen among adults in the last 20 years.

This research is the first to provide formal statistical analyses of trends on the use of hallucinogens in the last two decades. The study was carried out by researchers at the Mailman School of Public Health- Columbia University and the Irving Medical Center.

The researchers’ findings were reported in the “Addiction” journal.

The study found that in 2019, more than 5.5 million individuals in the United States used hallucinogens. This figure represents 2.2% of those aged 12 and above in the country and is quite an increase from the 1.7% recorded in 2002.

In their report, the researchers stated that since 2002 the use of hallucinogens had risen in individuals aged 26 and above. The researchers also highlighted that in the 2002–2019 period, hallucinogen use had decreased in adolescents aged between 12 and 17. The researchers also found that in the same period, the use of ecstasy and PCP had reduced in both adults and adolescents. On the other hand, the use of LSD had increased in all age groups.

In a news release, Dr. Ofir Livne stated that recent media coverage had prompted the research; the coverage indicated that a rising number of adults had reported positive effects of microdosing and had observed the therapeutic benefits of hallucinogens without experiencing negative effects.

Livne, who was one of the study’s authors, added that the study’s findings warranted a comprehensive examination of the motives and trends for the quantity and frequency of the use of hallucinogens.

Alison Snyder of Axios also wrote that when combined with psychotherapy, LSD, psilocybin and MDMA had shown promise in the treatment of a range of mental health conditions and addictions.

In other news, the FDA recently granted breakthrough therapy status to psilocybin and MDMA. This move signals a shift in the potential to include psychedelics in the existing infrastructure for health care. Additionally, more states in America are approving measures that allow research on the substances to be conducted, with others even going so far as to decriminalize their use.

The potential of psychedelics to help in treating mental health conditions such as PTSD has prompted companies such as Silo Pharma Inc. (OTCQB: SILO) to invest in coming up with formulations that can be approved by the FDA and made available to the patients in need.

NOTE TO INVESTORS: The latest news and updates relating to Silo Pharma Inc. (OTCQB: SILO) are available in the company’s newsroom at https://ibn.fm/SILO

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