Can Psychedelics Actually Cure Depression and PTSD? – The Motley Fool

Is there about to be a psychedelic drug boom in mental health treatment? In May researchers released data from a phase 3 trial that used MDMA (street name: ecstasy) along with talk therapy to treat people who have post-traumatic stress disorder (PTSD). And COMPASS Pathways (NASDAQ:CMPS) is exploring the use of psilocybin (the active ingredient in "magic mushrooms") in combination with talk therapy, to treat people who have severe depression.

How big is this possible new market going to be? Corinne Cardina, bureau chief of healthcare and cannabis at Fool.com, and Motley Fool writer Taylor Carmichael discuss this emerging new treatment paradigm in a clip from Motley Fool Live,recorded on May 14.

Corinne Cardina: Do you want to go ahead and jump into psychedelics?

Taylor Carmichael: Sure.

Cardina: All right. Speaking of risky, and biotech, and cutting-edge technology in the healthcare space, there has been some exciting developments in psychedelic drugs. Last week results from a phase 3 trial of MDMA, which is actually combined with talk therapy in this trial, targeting post-traumatic stress disorder, really blew everybody away. The remission rates in this trial were double that of a placebo. The results are going to be published in the Nature Medicine journal and according to The New York Times, FDA approval could come by 2023. What is the potential market for PTSD that could be treated with MDMA? What do we know about this market?

Carmichael: Well, there are a lot of people that have post-traumatic stress disorder. A lot of it's soldiers, but there are also civilians, ordinary people who have traumatic events in their lives and it affects them. I think the market opportunity that I saw was anywhere up to, I want to say $80 billion. Let me check my notes real quick. $20 billion to $80 billion was the market opportunity. One, for people who don't know, MDMA is ecstasy. This is a drug that's been illegal for a long time. What they're doing, they're giving ecstasy to people with PTSD, and they're combining that with talk therapy. It's highly regulated, it's not just people going off on their own and using drugs. They take ecstasy and then the therapist talks to them through the experience and chats with them through the experience. We're going to talk about ecstasy and magic mushrooms, just to use the street terms. Those are two things, they both require talk therapy. That's an interesting aspect. I think in healthcare, what we've seen over the last several decades is talk therapy has declined, and has been replaced with people on depression using drugs. The pharmaceuticals, Prozac and Zoloft and all these drugs that are to help with depression. Talk therapy, which has always been expensive has declined and people taking drugs instead. Well, this kind of flips it on its head and we're back to the importance of talk therapy. In this trial, they gave the people ecstasy and then they had counselors talk them through it. Obviously, you know if you had ecstasy or have not had ecstasy, so I don't know how good they were at masking the (placebo) versus the real thing. But they also did talk therapy with people who do not have ecstasy. But they saw dramatic improvements in the people that had ecstasy and were able to talk to their therapist about their issues and they're not exactly sure how the science works. Part of it is, the experience decreases your fear, and it makes you feel, I guess safe, but decreases your fear. As such, you're able to talk about traumatic events without getting upset by them. Just that talking of it takes away a lot of the stress and a lot of anxiety. Apparently, it has been very successful.

Cardina: It's for severe PTSD. It's called MDMA assisted therapy. Like you said, it's not people getting street drugs and going to their house and trying to work through things, it's very controlled. But like you said, I think what's interesting about this is a double-blind study, it's already been published in Nature Medicine. It's a really interesting read if you're interested in this. But it is hard to mimic MDMA if you're in the placebo. Definitely, I'm curious about that. I haven't read through the whole thing. But it's really interesting because it's a cutting-edge field in healthcare. Harkens back to the early days of medical marijuana. There may be some parallels in terms of the market as we overcome stigmatization and try to find medical applications.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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Can Psychedelics Actually Cure Depression and PTSD? - The Motley Fool

Ive experimented with psychedelic drugs to improve my mental health dont call me a waster – The Independent

Theres a strength and a maturity in seeing things the way they are and not how you want them to be. MDMA and psychedelic therapy have been used as tools for tackling trauma. It may not fit in with everyones narrative, but its about time we integrated psychedelics into mental health.

There has never been a better time to talk about the mental health benefits of psychedelics than in the midst of a global pandemic. In England, the Centre for Mental Health has predicted that up to 10 million people close to a fifth of the population will need mental health support as a direct consequence of Covid-19.

This week, BBC Two aired The Psychedelic Drug Trial, which follows research on the effects of psychedelic drugs on mental health, and in March the worlds first psychedelic-assisted therapy clinic of its kind opened in Bristol. Behind this revolution in mental healthcare is UK-based scientific group, Awakn Life Sciences. The biotechnology companyis pioneering psychedelics with psychotherapy as the next evolution in psychiatry. The scientific team is being led by Professor David Nutt and Dr Ben Sessa, author of The Psychedelic Renaissance.

Ive used psychedelics and anti-depressant drugs to help me with my mental health. The prescription drugs dont work. Ive been prescribed antidepressants a few times, during the darkest periods of my life. With antidepressants, my personality changed from being expressive to distant and vague.

I felt other to myself, so I self-medicated with psychedelics. I already knew about their unique properties as I had experimented with them when I was studying philosophy; they helped me grapple with concepts beyond my comprehension. Taking psychedelics allowed me to navigate my way through my emotions in a way that I had never been able to do with antidepressants. Instead of feeling detached from myself, as I had with the prescribed drugs, I felt engaged. Antidepressants take you away from yourself psychedelics introduce you to yourself.

Its important to state that drugs are not all the same. MDMA and psychedelics dont belong in the same category as drugs like heroin and crack. The former dont make you go against society they do the opposite they make you empathetic towards others. I take umbrage at being thought of as a waster because of my knowledge of MDMA and psychedelics. People shouldnt be crucified in their quest for truth.

Our preconceived notions of these drugs need to be challenged. A great many people like me, deemed normal, are curious and experimental. Were university lecturers, scientists, writers, office workers and every other profession you can think of. Its abominable that people who suffer from treatment-resistant depression have not been getting the help they need because of archaic and inaccurate views on psychedelics.

Im not naive about these drugs you need to be sensible when taking psychedelics. They are mind-altering they cut through the mesh of your existence. Some people are fearful of this because they think psychedelics offer a false reality, but all our realities are already skewed.

There are so many things that we are blind to; were unable to hear certain frequencies or see certain colours, there are whole worlds that exist outside our perceived perception. Even the language we speak affects our perception of reality, and only allows us to see a fraction of life.

In these unprecedented times, weve had to adapt to a new normal. There has never been a better time to open our minds and embrace the science of psychedelics. Its time we reconsidered our views on psychedelics, and properly appreciate the evidence-based psychedelic research. As my own experience has confirmed, they have great value when it comes to mental health.

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Ive experimented with psychedelic drugs to improve my mental health dont call me a waster - The Independent

Cannabis Countdown: Top 10 Marijuana and Psychedelic Stock News Stories of the Week – Yahoo Finance

Welcome to the Cannabis Countdown, the Legal Marijuana Industrys Number One Curated Weekly News Recap.

In This Weeks Edition, We Recap and Countdown the Top 10 Cannabis and Psychedelic Stock News Stories for the Week of May 17th 23rd, 2021.

Without further ado, lets get started.

10. Red White & Bloom Announces Successful Launch of High Times THC Products in 23 Michigan Dispensaries

With Michigans Marijuana Market Continuing its Rapid Rise, the MRA Reported April Sales in the Great Lakes State Reached USD $154 Million, Putting the States Cannabis Market on a Current Annualized Run-Rate of USD $1.85 Billion

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF) announced on Tuesday the successful launch of the companys High Times branded THC products in 23 Michigan dispensaries throughout the majority of the Great Lakes State. Within the first two weeks, RWBs initial CDN $1.25 million order was already 60% sold. As evidence of the popularity of the iconic High Times cannabis brand in Michigan, some retailers saw their High Times THC pre-orders exceed 10% of their dispensarys total inventory.

READ FULL RWB ARTICLE

9. New Field Trip Study Suggests Americans Open to the Idea of Psychedelic Treatments

Though There Have Been Positive Stories About Those Who Took Time to Reconnect With Family, Enjoy a Slower Pace of Life, and Exercise More During the Covid Crisis, Over Eight Out of Ten Americans Surveyed By Field Trip Reported at Least One Symptom of Depression

The results of Field Trip Healths (CSE: FTRP) (OTC: FTRPF) first annual State of Mind survey hold few surprises for those who have followed the news around the effects of the pandemic on mental health. Field Trip Health is the largest provider of psychedelic therapies in the world and initiated this survey to look into the state of mental and emotional health in the U.S., and to get a sense of how receptive respondents are towards incorporating psychedelics into treatment.

Story continues

READ FULL FTRP ARTICLE

8. Aurora Cannabis to Commence Trading on NASDAQ

The Move to the NASDAQ is Reportedly Part of the Firms Efforts to Reduce Costs

Aurora Cannabis (TSX: ACB) (NYSE: ACB) (FRA: 21P) reported that the company has completed the transfer of its stateside listing to the NASDAQ Global Select Market, from that of the New York Stock Exchange after yesterdays closing bell. The planned transfer was originally reported on May 13. The company this morning is set to commence trading on the Nasdaq following the transfer while maintaining the symbol ACB.

READ FULL ACB ARTICLE

7. MindMed Announces the Approval of Mescaline Study

Mescaline is a Classic Serotonergic Hallucinogen, Similar to LSD and Psilocybin, With a Long, Non-Regulated History of Spiritual Use

MindMed (NEO: MMED) (NASDAQ: MNMD) (FRA: MMQ) announced the approval by the local Swiss ethics committee of the first clinical trial evaluating the acute effects of different doses of mescaline and the role of the serotonin 5-HT2A receptor in mescaline-induced altered states of consciousness (MDR-Study). The study will be conducted at the University Hospital Basel Liechti Lab, in Basel, Switzerland, and is planned to start this month.

READ FULL MINDMED ARTICLE

6. Ayr Wellness: Analysts Anticipate US$108 Million in Q3 Revenue

Three Analysts Have Revenue Estimates for the Third Quarter, With the Average Projection Coming in at USD $108 Million

Ayr Strategies (CSE: AYR.A) (OTCQX: AYRSF) announced that they will be reporting their fiscal third quarter financials after hours on March 26th. Analysts have a consensus C$58 12-month price target on the company, via a total of 4 analysts, with one analyst having a strong buy rating and the other three having buy ratings. The street high comes from Beacon Securities with a C$76 price target.

READ FULL AYR ARTICLE

5. Can Psychedelics Actually Cure Depression and PTSD?

There is Now Data Suggesting That Magic Mushrooms and Ecstasy Combined With Talk Therapy May Help People With Severe Depression and Post-Traumatic Stress Disorder

Is there about to be a psychedelic drug boom in mental health treatment? In May researchers released data from a phase 3 trial that used MDMA (street name: ecstasy) along with talk therapy to treat people who have post-traumatic stress disorder (PTSD). And Compass Pathways (NASDAQ: CMPS) is exploring the use of psilocybin (the active ingredient in magic mushrooms) in combination with talk therapy, to treat people who have severe depression.

READ FULL CMPS ARTICLE

4. Cannabis Co Greenlane Holdings And KushCo Holdings Move a Step Closer to Merger

In March, the Companies Announced That KushCo Had Agreed to Become a Wholly-Owned Subsidiary of Greenlane Under an All-Stock Deal

Greenlane Holdings (NASDAQ: GNLN) and KushCo Holdings (OTCQX: KSHB) are one step closer to finalizing their recent merger. On Tuesday, the companies reported the expiration of the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for the proposed merger.

READ FULL GNLN KSHB ARTICLE

3. Cybin Granted IRB Approval for Phase II Clinical Trials of its Sublingual Psilocybin Formulation for the Treatment of Major Depressive Disorder

Psilocybin Has Been Granted Breakthrough Therapy Designation by the U.S. FDA to Multiple Entities in the USA, and This Specific Trial Will Become the First of its Kind Comparing a 25mg Psilocybin Capsule With Cybins Proprietary Sublingual Film Formulation

Cybin Inc. (NEO: CYBN) (OTC: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, today announced that the Institutional Review Board (IRB) at the University of the West Indies Hospital, in Jamaica has granted approval to commence the study of its sublingual psilocybin formulation (CYB001) in a Phase II clinical trial for patients suffering with Major Depressive Disorder (MDD). Commencement of the clinical trial is subject to final confirmation of study material specifications by Jamaicas Ministry of Health.

READ FULL CYBN ARTICLE

2. GrowGeneration Acquires The Harvest Company, Expands Footprint in Californias Emerald Triangle

Acquisition Brings Number of GrowGen Locations Nationwide to 55

GrowGeneration (NASDAQ: GRWG), the nations largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of The Harvest Company, a northern California-based hydroponic supply center and cultivation design innovator with stores in Redding and Trinity County. The Harvest Company serves growers in Northern Californias Emerald Triangle the largest cannabis-producing region in the country.

READ FULL GRWG ARTICLE

1. MindMed Announces Launch of Collaboration with Nextage Therapeutics Brain Targeting Liposome System

Using This State-of-the-Art Drug Delivery Technology, MindMed is Seeking to Capitalize on the Opportunity to Mitigate the Serious Side Effects That Can Make Some Orally Administered Psychedelics Poor Drug Candidates

MindMed (NEO: MMED) (NASDAQ: MNMD) (FRA: MMQ) and Nextage Therapeutics (TASE: NXTG), an Israeli innovative drug development company, announced the execution of an MOU regarding the launch of an exclusive collaborative development program to optimize the delivery of certain psychedelic drug candidates, leveraging Nextages proprietary Brain Targeting Liposome System (BTLS) delivery technology, for which it has an exclusive license. MindMed and Nextage will initially collaborate to optimize the delivery of drug products based on noribogaine, and ultimately other ibogaine derivatives, and will share development costs and intellectual property arising from the collaboration.

READ FULL MMED ARTICLE

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2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Cannabis Countdown: Top 10 Marijuana and Psychedelic Stock News Stories of the Week - Yahoo Finance

NIH Director Touted Benefits of Psychedelics Including Psilocybin and MDMA – Stockhouse

Psychedelics may be one step closer to decriminalization. All after the Director of the National Institutes of Health (NIH), Francis Collins touted the benefits of psilocybin and MDMA, as noted by Marijuana Moment . There has been a resurgence of interest in psychedelic drugs, which for a while were sort of considered not an area that researchers legitimately ought to go after,” Collins said. And I think as we’ve learned more about how the brain works, we’ve begun to realize that these are potential tools for research purposes and might be clinically beneficial.” That support could be beneficial for companies, such as NeonMind Biosciences ( CSE:NEON) (OTC:NMDBF), Cybin Inc. (NEO:CYBN)(OTC:CLXPF), Mind Medicine Inc. (NEO:MMED) (NASDAQ:MNMD), HAVN Life Sciences Inc. (CSE:HAVN)(OTC:HAVLF), and Mydecine Innovations Group (CSE:MYCO)(OTC:MYCOF).

Studies have already shown that some psychedelics could be useful for treating anxiety, PTSD, opioid addictions, obsessive-compulsive disorder (OCD), and alcoholism. We may also soon learn psilocybin could potentially assist in treating eating disorders and obesity from a NeonMind Biosciences study. That's because psilocybin activates serotonin receptors, or "nature's own appetite suppressant," as noted by Psychology Today. "This powerful brain chemical curbs cravings and shuts off appetite. It makes you feel satisfied even if your stomach is not full. The result is eating less and losing weight."

NeonMind Biosciences (CSE:NEON)(OTC:NMDBF) to Commence Trading on OTCQB

NeonMind Biosciences announced that its shares will commence trading on the OTCQB® Venture Market on May 28, 2021, under the symbol NMDBF”. NeonMind will continue to trade on the Canadian Securities Exchange under its existing symbol NEON”.

The OTCQB, operated by OTC Markets Group Inc., is designed for early-stage and developing U.S. and international companies. Companies must be current in their financial reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. With more compliance and quality standards, the OTCQB provides investors improved visibility to enhance trading decisions. The OTCQB is recognized by the United States Securities and Exchange Commission as an established public market providing public information for analysis and value of securities.

With this OTCQB listing, NeonMind has achieved a significant milestone in its mission to advance its psilocybin drug development programs,” said Robert Tessarolo, President & CEO of NeonMind. We expect this listing to increase our financial capabilities and expand our exposure to the U.S. investment community. This capital markets support will be extremely valuable as we continue to execute on our long-term strategy to advance the use of therapeutic psychedelic compounds for weight management conditions including obesity, which is a growing global health crisis.”

Other related developments from around the markets include:

Cybin Inc., a biotechnology company focused on progressing psychedelic therapeutics, announced that it has filed an international patent application that brings the potential to obtain patent coverage in 153 countries. The application, governed by the Patent Cooperation Treaty, grants the Company the right to file future national applications into treaty member jurisdictions, including important potential markets for the Company. The PCT claims a library of psychedelic derivative drug development candidates.

Mind Medicine Inc., a leading psychedelic medicine biotech company, announced the publication of the first pharmacogenetic data on LSD to help personalize dosing . The study results from a pooled secondary analysis of four Phase 1 studies that each used a randomized, double-blind, placebo-controlled, crossover design and were conducted at the University Hospital Basel Liechti Lab, in Basel, Switzerland. The results of this study indicate that pharmacogenetic testing prior to LSD-assisted treatment may inform LSD dose selection at the individual patient level.

HAVN Life Sciences Inc., biotechnology company pursuing standardized extraction of psychoactive compounds and the development of natural health products, is pleased to announce a production and supply agreement with Lobe Sciences Ltd. , an innovative biotech company committed to investigating and developing treatments using psychedelic and non-traditional medicines for better brain health. Pursuant to the Agreement, HAVN Life will produce and supply an offering of Natural Health Products, which will include plant-based compounds and non-psychoactive mushrooms. The Agreement with Lobe Sciences will create an additional revenue stream for HAVN Life, and the team will look to generate additional agreements in the coming months.

Mydecine Innovations Group said that it has received approval from Health Canada to significantly expand” its cultivation capabilities at its current good manufacturing practice (cGMP) facility, at the Applied Pharmaceutical Innovation in Canada. The Denver, Colorado-based biopharma company focused on the research and development of alternative nature-sourced medicine, said that it would use the new guidance from Health Canada to expand its cultivation facilities and rapidly scale up the supply of pharmaceutical-grade psilocybin for both its internal clinical research and for its industry partners. The increased cultivation will also allow the company to more efficiently and quickly study the medical utility of naturally occurring psilocybin and psilocybin-like compounds,” said the company.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. NeonMind Biosciences Inc. has paid three thousand five hundred dollars for advertising and marketing services to be distributed by Winning Media. Winning Media is only compensated for its services in the form of cash-based compensation. Winning Media owns ZERO shares of NeonMind Biosciences Inc. Please click here for full disclaimer.

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NIH Director Touted Benefits of Psychedelics Including Psilocybin and MDMA - Stockhouse

Texas Psychedelics Research Bill Continues To Advance, Passes Senate Together With Cannabis Concentrates Measure – Benzinga

A psychedelics-related bill and acannabis-focused measure were both given thegreen light by the Texas Senate this Saturday and Friday, respectivelyreported Marijuana Moment.

House bill 1802 to research the therapeutic effects of psilocybin and MDMA was first presented in February by Texas state Rep. Alex Dominguez (D). The initiative requires the Department of State Health Services and Texas Medical Board to study psilocybin, MDMAand ketamine for the treatment of post-traumatic stress disorder (PTSD) and other health conditions.

Research would be conducted at the Baylor College of Medicine and a military veterans hospital or a medical center that provides medical care to veterans, as the bill was amended by a House committee to place a special focus on veterans with PTSD.

The bill wasapprovedin the House earlier this month and last Wednesday it also passed Senate Veteran Affairs and Border Security Committee in a 5-0 vote.

Instead of hitting Gov. Greg Abbotts desk, both bills must goback to their initial chamber because they were amended by senators, noted the outlet.

A balanced budget amendment to the bill, which the Senate approved, states that psychedelic research cannotbe conducted if there is no funding to support it.

The cannabis-related measure that was approved by the Texas Senate would make possession of up to two ounces of concentrates a class B misdemeanor. As a class B misdemeanor, the offense is still subject to the threat of jail time but is much less serious than the felony classification, which such an offense normally warranted.

An amendment to this bill added by senators asksthat when calculating THC potency in legal hemp products all forms of tetrahydrocannabinol must be included.

Photo by Janet Reddick at Pixaby

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2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Texas Psychedelics Research Bill Continues To Advance, Passes Senate Together With Cannabis Concentrates Measure - Benzinga

With Psychedelics, Mental Health Care May Never be the Same – Baystreet.ca

With psychedelics, mental health care may never be the same. All as some of the nations top universities are racing to set up psychedelic research centers, and investors are pouring millions of dollars into a pack of start-ups. States and cities across the country are beginning to loosen restrictions on the drugs, the first steps in what some hope will lead to the federal decriminalization of psychedelics for therapeutic and even recreational use, as reported by The New York Times. Thats been substantial news for NeonMind Biosciences (CSE:NEON) (OTC:NMDBF), Cybin Inc. (NEO:CYBN)(OTC:CLXPF), Tryp Therapeutics Inc. (CSE:TRYP), Mind Medicine Inc. (NEO:MMED)(OTC:MMEDF), and Compass Pathways (NASDAQ:CMPS).

Not only has the US FDA been supportive of psychedelics, Johns Hopkins, Yale, Berkeley, and Mount Sinai Hospital are establishing psychedelic divisions, as well. Plus, theres been a substantial proof psychedelics can help with issues such as depression, anxiety, addiction, obsessive compulsive disorder, and obesity.

In fact, NeonMind Biosciences is exploring psilocybin as a potential treatment for obesity and to support weight loss. In fact, NeonMinds first drug candidate employs psilocybin as an agonist to the serotonin receptor 5-HT2A, which is involved in the hallucinogenic effect of psychedelics. The second drug candidate employs psilocybin as an agonist to the serotonin 5-HT2C receptor, which controls appetite.

NeonMind Biosciences (CSE:NEON)(OTC:NMDBF) Creating a Medical Advisory Board

NeonMind Biosciences an integrated drug development and wellness company focused on the potential therapeutic uses of psilocybin for treating obesity and weight management conditions, is pleased to announce the formation of a Medical Clinic Advisory Board to guide the planning and operation of NeonMind branded clinics across Canada. Members of the advisory board will be comprised of experts on provincial and local health care access and advocacy, ketamine treatment and psychotherapy protocols, and clinical operations, strategy, and growth.

The formation of our Medical Clinic Advisory Board is a critical next step in the creation of our clinics and treatment models. By incorporating a team of experts specializing in mental healthcare, interventional psychiatric treatment, psychedelics, and clinical deployment, operations, and advocacy, we are achieving the next step in our strategic plan to increase treatment access in local markets across Canada, said Robert Tessarolo, President & CEO of NeonMind.

Currently, ketamine and esketamine may legally be prescribed and administered in Canadian medical clinics, however there is a need for these clinics and treatments to be tailored to community and local health needs. As psychedelic drug development and treatment programs evolve to include additional psychedelic-enhanced therapies with substances like psilocybin, NeonMind will be positioned to have the infrastructure in place to safely and effectively administer these treatments.

Our Medical Clinic Advisory Board will ensure that NeonMind is able to develop protocols and treatment programs at the cutting edge of mental health research and ensure that we are prioritizing value, access and advocacy for those who need them, added Rob Tessarolo.

Other related developments from around the markets include:

Cybin Inc., a biotechnology company focused on progressing psychedelic therapeutics, announced that it has filed a new provisional patent application in support of its ongoing drug candidate programs. The application discloses novel compositions which are expected to have improved pharmacokinetic profiles while retaining key efficacy measures of the original molecules and discloses innovative methods of deploying the novel compositions with faster therapeutic onset of Cybins psychedelic tryptamine, while reducing psychedelic side effects and decreasing duration of the therapeutic effect thereof.

Tryp Therapeutics Inc., a pharmaceutical company focused on developing clinical-stage compounds for diseases with unmet medical needs, announced a master service agreement with Clinlogix, a Contract Research Organization (CRO), to support Tryps clinical development of its Psilocybin-for-Neuropsychiatric Disorders (PFNTM) program. Clinlogix has global experience with providing CRO services for the development of novel pharmaceutical products. The company will collaborate with Tryp and its clinical partners in a number of areas including medical writing, biostatistical analysis, data management, and trial monitoring.

Mind Medicine Inc., a leading clinical stage psychedelic medicine company, and Nextage Therapeutics, an Israeli innovative drug development company, announce the execution of a Memorandum of Understanding regarding the launch of an exclusive collaborative development program to optimize the delivery of certain psychedelic drug candidates, leveraging Nextages proprietary Brain Targeting Liposome System (BTLS) delivery technology, for which it has an exclusive license. MindMed and Nextage will initially collaborate to optimize the delivery of drug products based on noribogaine, and ultimately other ibogaine derivatives, and will share development costs and intellectual property arising from the collaboration.

Compass Pathways, a mental health care company dedicated to accelerating patient access to evidence-based innovation in mental health, reported its financial results for the first quarter 2021 and gave an update on recent progress across its business. George Goldsmith, Chairman, CEO and Co-founder, COMPASS Pathways, said, Our recent financing gives us additional resources to work even faster and to expand our efforts, grow our team, and focus on developing new indications, new compounds and new technologies, building on our leadership position in psilocybin therapy and mental health care. Far too many people are suffering with mental health challenges today. We are focused on developing evidence-based therapies that can make a difference and be accessible to as many patients as possible who might benefit. The COMP360 data published in the New England Journal of Medicine showed promising signals in a small investigator-initiated study. We are approaching the completion of our phase IIb trial of COMP360 psilocybin therapy for treatment-resistant depression, and on track to report data by the end of the year.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. NeonMind Biosciences Inc. has paid three thousand five hundred dollars for advertising and marketing services to be distributed by Winning Media. Winning Media is only compensated for its services in the form of cash-based compensation. Winning Media owns ZERO shares of NeonMind Biosciences Inc. Please click here for full disclaimer.

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With Psychedelics, Mental Health Care May Never be the Same - Baystreet.ca

Wesana Health, WBC Partner to Study Psychedelics as Treatment for TBIs – StreetInsider.com

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Daniel Carcillo retired from the National Hockey League in 2015, after nine seasons in the game. He had been diagnosed with several concussions and had struggled with insomnia, depression, anxiety, headaches and even slurred speech in his professional seasons as a hockey player.

Determined to get better, Carcillo implemented lifestyle changes that included the use of psilocybin, an active ingredient found in magic mushrooms, as well as eating healthier and getting more sleep. This, he said, helped improve his overall heath tremendously&

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Wesana Health, WBC Partner to Study Psychedelics as Treatment for TBIs - StreetInsider.com

The legal and illegal ways people are turning to psychedelics as the drug regulator rejects reclassification bid – ABC News

In Melbourne's St Vincent's Hospital, down the hall from the cancer day unit, there's an unassuming room known simply as "The Retreat".

This is where a select few volunteers are offered a unique opportunity: to confront their deepest fears under a heavy dose of a psychedelic.

Terminally ill patients spend three to four hours here under the influence of psilocybin, the psychedelic compound found in "magic mushrooms".

The participants are supported by therapy before, during and after their psychedelic experience.

"We go to a lot of trouble to make sure that it doesn't look like a hospital room, but it looks more like a really chilled, really comfortable and inviting atmosphere," clinical psychologist Marg Ross said as she walked around the room.

The experience offers patients a rare chance to process the unavoidable reality of their imminent death, and to learn how to say goodbye to everyone they know.

"When you use terms like anxiety and depression, I think it kind of simplifies it a bit," psychiatrist Justin Dwyer said.

"Actually what people are dealing with is terror, which is very difficult to put into words this sense that you will no longer be.

"The standard treatment, things like anti-depressants, anti-anxiety drugs, really have very little to offer."

It's a novel approach to palliative care, and for the time being, it won't be available in Australia outside these four walls.

Australia's drug regulator, the Therapeutic Goods Administration (TGA), yesterday rejected an application seeking to have two currently prohibited drugs rescheduled as controlled medicines in Australia.

Psilocybin the drug used in the St Vincent's trial was one of them.

The proposal sought to make it easier for doctors to prescribe the psychedelic as well as MDMA, also known as ecstasy, to people suffering from chronic anxiety, depression and PTSD.

The TGA's interim decision to reject the change follows an application made last July by the psychedelics advocacy group Mind Medicine Australia (MMA), run by soprano singer Tania De Jong and chaired by her investment banker husband, Peter Hunt.

MMA points to clinical trials completed overseas, where psilocybin was found to be effective in treating anxiety and depression in terminally ill cancer patients.

Last November, Johns Hopkins University in the US found psilocybin to be four times more effective than medicines traditionally prescribed to treat major depression.

But these trials have not yet advanced to Stage 3, which tests safety and efficacy on large populations.

Ms De Jong and Mr Hunt expressed disappointment yesterday at the TGA's desire to wait until current clinical research is complete before the rescheduling of these controversial drugs is considered.

"That could be years away," Mr Hunt said.

"How many people are going to suffer between now and then? And frankly, how many people are going to die from suicide because they can't actually get the treatments they need to get?

"It is frankly nonsense to make these people who are suffering wait any longer."

The TGA cited advice from the Royal Australian and New Zealand College of Psychiatrists, which argued that while there are indications emerging that psilocybin can offer therapeutic benefits, the evidence "just isn't quite there yet".

The trial at St Vincent's in Melbourne was established as a landmark opportunity to expand upon overseas studies by examining psilocybin's effectiveness as a therapeutic tool for not just cancer patients, but people with other terminal illnesses too.

But the project was thrown an unexpected curveball in the form of a global pandemic.

"We'd only really just commenced before COVID hit and we've been on hold for several months, but we've just started recruiting again," Dr Ross said.

She quickly pointed out how the richness of the patient experiences had already affected all involved.

"One of our qualitative researchers conducted an interview for one of our participants post-dose and emerged from the interview room and just burst into tears because of the profundity of what she'd heard in this interview."

"To see and witness such profundity in that room, a sense of peace that can be achieved for people who are really struggling with and quite anguished by their death is something that I'm hoping that we can continue to offer beyond this study.

"Hopefully we can contribute to the body of research that will support that.

"If it continues to track the way that it has been, we can provide that experience for more people going forward who are facing death."

Researchers hope that Australia could be joining a "psychedelic renaissance", a revival of clinical studies into psychedelic therapy that's underway in the United States and the United Kingdom after decades of indifference by the world's major research institutions .

As well as the St Vincent's trial, at least three other psilocybin trials are in the pipeline in Australia, while two more are investigating MDMA's potential for treating PTSD.

"To paraphrase Malcolm Turnbull, there's never been a more exciting time to be a psychedelic researcher in Australia," quipped Dr Martin Williams, one of the lead investigators of the St Vincent's project.

In the absence of regulated psychedelic treatment, there are Australians with significant mental health challenges who are turning to underground psychedelic ceremonies.

Background Briefing attended a private event at a farmhouse near the New South WalesQueensland border where a local variation of the traditional South American brew ayahuasca was imbibed.

The active ingredient in ayahuasca is DMT, a powerful psychedelic that can produce immersive hallucinations, and according to its devotees, even spiritual revelations.

The host of the farmhouse ceremony was Julian, a psychedelic enthusiast who's been brewing DMT concoctions for two decades using Australian natives.

Several species of Australian acacia trees more commonly known as wattles can be a particularly rich source of DMT; the tea made from them is sometimes called "Aussie-huasca".

Julian said that the worst that's happened during a ceremony was when one participant ended up knocking out his front teeth.

"I find people [are] generally very well behaved," he said.

"It's ultimately about the medicine, what it does. I try and remain faithful to that and really step out of the way and let the medicine do its work."

Like psilocybin, DMT is classed as a Schedule 9 drug by the TGA, meaning it's illegal to possess for recreational use in all states and territories.

Julian shrugged off the suggestion he was engaging in criminal behaviour.

"I don't know if that's the right question. The right question we should have is, is it beneficial? Is it helpful to people? Is it useful? Is it doing good for society?"

One attendee aged in his 30s, Jimmy*, said he was returning for his fourth ayahuasca ceremony because he believed it helped him process his childhood trauma resulting from domestic violence.

"I looked at my life, pretty much everything was just in ruins, and I just had to have the challenge of digging myself out of that," Jimmy said.

Without expert psychological support available, Jimmy had been using the ayahuasca experience to explore his own issues with expressing his feelings.

"One of my biggest struggles was my voice," he said.

"Every time I tried to express myself, or voice an opinion, my stepfather would just come down like the ton of bricks. So I traded my voice and self-expression for safety."

Jimmy credits ayahuasca with helping him turn his life around.

"Oh, absolutely. Because there are people in advanced ages that have lived their whole life through suffering. And this was like an intervention.

"So I've been through that trench of pain and misery and depression and anxiety and suffering. And now I'm just going up.

"I see things are getting much better. I've done ayahuasca, but it was like inner work [through] this inner foundation I've had to set."

Experts caution that unlawful users keen to experiment can face a host of risks, and not just potential legal troubles.

Psychedelic brews like ayahuasca can have potentially fatal interactions with prescription medication or cause frightening or anxiety-inducing hallucinations, and for a small percentage, a trip can spark a psychotic episode.

"We know that psychedelic substances can present a risk for people who have got a predisposition to a psychosis or a bipolar spectrum disorder," Dr Ross said.

Dr Dwyer added: "Is it something that I would recommend that people go out and just do? No, it's not.

"Aside from the fact that it's illegal, I think too that the psychological work that goes on around it is really very, very important."

*This name has been changed to provide anonymity

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The legal and illegal ways people are turning to psychedelics as the drug regulator rejects reclassification bid - ABC News

Krzysztof Soszynski says psychedelics helping brain post-fighting career, hopes they’re ‘the future’ – MMA Junkie

Later this year, itll be a full 10 years since Krzysztof Soszynski last fought.

The Poland-born Canadian spent only a little more than eight years fighting, including his final three or so in the UFC. But over his career, he fought nearly 40 times. Of his 12 losses, six were by knockout.

Those KO numbers arent staggering compared to many of his contemporaries, but Soszynski thinks he left at just the right time. A few years after his final fight, he said he was having memory troubles that started after the bout, and that sealed the deal for him.

Soszynski stays busy now with the occasional acting role, as well as commentary duties in his native Poland for KSW. But when it comes to second-guessing his decision to retire, he said hes comfortable with hanging the gloves up when he did.

Dont get me wrong the knees are pretty bad, (but) the mind is very strong still, Soszynski recently told MMA Junkie. So Im very happy I dont have any of these crazy symptoms that a lot of these (former fighters) are having. I have been working with a lot of doctors and people who are in that field to help me regenerate all the tissues and connective tissues with my brain. So Im very happy with all the peptides and things like that that Im taking, supplements and things like that.

Im not dealing with all of these major issues like some of these fighters. Plus, I feel like I left (fighting) at the right time. My brain told me stop fighting. My family told me it was time to stop fighting. And I said yes, its time to stop fighting. Im very fortunate to stop at the right time and continue on living an amazing life. Im 43 years old and I feel like its Chapter 2 a brand new journey, and Im having a blast doing it.

Soszynski also said hes been experimenting with psychedelic substances, too, for their purported positive effect for some people who have experienced brain trauma.

According to many medical industry reports and studies, psychedelics like psilocybin mushrooms magic mushrooms and even LSD have shown positive effects on patients with brain trauma.

I have been doing some self-(medication) LSD micro-dosing, and micro-dosing some psilocybin mushrooms and things like that on a very, very small scale, Soszynski said. Ive been doing that for quite a while. And to be honest, I just had my first ayahuasca experience, and all those things are absolutely amazing. They definitely make you see the world in a different way very small, minuscule differences, but you feel happier, you feel more energized, you feel like you want to get up and do things.

I feel normal and beautiful at the same time. Its definitely the future You hear a lot of studies of guys who have been in the military or have post-traumatic stress disorder, and those kinds of things are really helping.

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Krzysztof Soszynski says psychedelics helping brain post-fighting career, hopes they're 'the future' - MMA Junkie

Psychedelic Mushroom Bills Filed In Florida And Connecticut As Movement Expands To Multiple States – Marijuana Moment

Washington State lawmakers on Thursday introduced landmark legislation to decriminalize possessing small amounts of all drugs and expand treatment services for people with substance use disorders, part of a growing trend of U.S. states backing away from a crime-control model of drug enforcement and instead treating the issue as a public health matter.

Substance disorder is among the only health conditions for which a person can be arrested for displaying symptoms, says the new Washington bill, HB 1499, sponsored by Reps. Lauren Harris (D) and Kirsten Harris-Talley (D). Treating substance disorder like a crime through arrests and incarceration further disrupts and destabilizes the lives of these individuals.

The proposal would eliminate criminal penalties for possession of so-called personal use amounts of controlled substances and direct the Washington State Health Care Authority (HCA) to craft a plan under which continual, rapid and widespread access to a comprehensive continuum of care must be provided to all persons with substance use disorder.

Voters next door in Oregon passed a similar policy change in Novembers election. That law took effect this week.

Sponsors of the Washington bill, as well as advocates at Treatment First Washington, the group behind the proposal, discussed the proposal at a press conference Thursday.

Recovery is predicated on hope, Davis said at the event. People recover not when we cast them out, but when we bring them in.

Possession limits under the proposal, dubbed Pathways to Recovery Act, are not yet specified. They would be determined by September 2022 by an HCA workgroup, which the bill specifies must include people who currently use controlled substances as well as individuals in recovery. Law enforcement, prosecutors and public defenders would also be represented on the panel.

Together they will design a plan to deliver increased pretreatment outreach so those who want to find the path to healing care get help finding it, Harris-Talley said at Thursdays press event, and a plan to help folks with science-proven and science-based approaches to treatment and recovery support services throughout that process.

While existing laws against drug possession would remain on the books, they would no longer apply to people who possess less than the personal use amount of a drug, defined by the bill as an amount consistent with personal, nonprescribed use patterns of people with substance use disorder. Individuals with prior convictions for activity decriminalized under the bill would be able to petition a court to vacate the conviction.

The measure would apply to all controlled substances, as well as counterfeit substances and prescription pharmaceuticals. Large-scale manufacture of controlled substances, as well as possession with the intent to sell, would remain illegal under the proposal.

Its time for smart, just and effective drug policy in Washington state, said Sen. Joe Nguyen (D), the bills champion in the Senate. We need a new approach to public health and safety, one that will begin to write the wrongs of the past for communities in rural and urban areas across the state. Clearly what were doing now isnt working.

Alison Holcomb, the political director for ACLU of Washington and an author of the states 2012 marijuana legalization initiative, told Marijuana Moment the decriminalization measure continues the organizations overarching goal to demonstrate that its possible to replace punitive responses to drug use with a public health approach, and achieve better outcomes for our communities.

Were so excited by the huge coalition of legislators, directly impacted community members, public health experts, treatment and recovery professionals, and legal and law enforcement experts who also believe health works better than handcuffs, Holcomb said, and have come together to support passage of House Bill 1499, the Pathways to Recovery Act.

Drug reform advocates in the state have been pursuing the policy change for more than a year, first pitching lawmakers in 2019 and, early last year, attempting to qualify a voter initiative for Novembers election. When COVID-19 interrupted the signature gathering effort for the ballot, organizers vowed to again take the proposal to the legislature.

Advocates initially hoped to unveil the bill late last year but have repeatedly pushed back the announcement as they worked with lawmakers to finalize the measures language and sponsors.

One noteworthy change from past versions of the proposal is that HB 1499 appears not to tap into state cannabis tax revenue in order to fund expanded treatment services, as organizers previously indicated the bill might do.

Marijuana Moment is already tracking more than 500 cannabis, psychedelics and drug policy bills in state legislatures and Congress this year. Patreon supporters pledging at least $25/month get access to our interactive maps, charts and hearing calendar so they dont miss any developments.Learn more about our marijuana bill tracker and become a supporter on Patreon to get access.

It would cut a significant hole in the existing fabric of the state budget if we were to use that particular source of funds, Davis said.

Instead the Washington bill proposes a funding framework in which, over time, resources are shifted from punishment sectors to community-based interventions such that community-based care becomes the primary strategy. Treatment would be paid for by an individuals public or private health plan or, in some cases, the state.

Other money, including funds from lawsuits against opioid manufacturers or savings captured from reduced expenses for the department of corrections resulting from this act, would supplement the programs outreach and recovery efforts. Davis said Thursday she plans to introduce a separate bill that would seek funds from the alcohol and opioid industries.

Really the focus is going to be on funding the two parts of the stool that are not funded the outreach services pretreatment and then the recovery support system, she said. Those will be funded through a combination of sources, including a separate bill that has to do with increasing taxes and fees on the alcohol and opioid industries as well as from the states general fund.

Oregons decriminalization law uses revenue from that states legal marijuana system to cover expanded treatment. That provision, however, is less popular among Washington lawmakers who rely on the marijuanas greater-than-projected tax revenues to help balance the state budget.

Legislatures in a number of other states are also considering measures to roll back or eliminate criminal penalties for drugs.

New York lawmakers last month introduced legislation that would remove criminal penalties for simple drug possession and instead impose a $50 civil fine. In California, Sen. Scott Wiener (D) has said he plans to introduce a measure to decriminalize specifically psychedelic drugs, such as psilocybin mushrooms, ibogaine and DMT. That bill is expected later this month.

Lawmakers in New England are exploring similar changes. In Massachusetts, state Rep. Mike Connolly (D) told the Boston Globe this week hes preparing legislation to study decriminalizing psychedelics and certain other drugs as well as legalizing the therapeutic use of psilocybin another policy change already adopted in Oregon. A Maine legislator has made similar statements, though so far no bill there has been introduced.

Meanwhile, some advocates are already predicting that 2022 will see a flurry of drug reform measures on ballots in states around the country. Dr. Bronners CEO David Bronner, a key financial backer of Oregons successful decriminalization and psilocybin initiatives told Marijuana Moment in November that hed like to see both changes come to Washington state by next election.

Its moving faster than I wouldve though, Bronner said of the push for decriminalization. I would not have thought wed be ready for the kind of reforms were seeing, and its gratifying. I just think we can go further in 2022 and 2024.

Cambridge City Council Decriminalizes Psychedelics And Urges Police To End Drug Arrests More Broadly

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Psychedelic Mushroom Bills Filed In Florida And Connecticut As Movement Expands To Multiple States - Marijuana Moment

Investing in Psychedelic Medicines That Could Treat Alzheimers – Energy & Capital

My heart broke when I heard the news

One of my favorite singers of all time, and one of the nicest guys Ive ever met, announced that he has Alzheimers.

His name is Anthony Benedetto

But you probably know him as Tony Bennett.

Although Bennett had been a household name since the 1950s, I didnt discover him until the 1980s, when he launched a comeback that appealed to the MTV generation.

Gen X kids from across the globe were treated to a talent that ultimately turned many of us into jazz fans.

I was certainly one of them. But it wasnt until the early 2000s that I got the chance to meet Tony Bennett.

He was playing at a theater where a good friend of mine worked as a sound engineer. I got to watch the sound check before the show, and later, as hundreds of fans stood in a line that wrapped around the building, I had the opportunity to spend a few minutes with Tony.

Im calling him that because he told me to call him Tony after I addressed him as Mr. Bennett. 🙂

In any event, I have to tell you that he was one of the nicest, most down-to-earth people Ive ever met.

We talked music, food, and family. It was an absolute pleasure.

So when I heard Tony had been stricken with Alzheimers, my stomach fell.

My great-grandmother suffered from Alzheimers, and I know just how horrible this disease is. In fact, as an investor, Ive always been eager to invest in companies that are seeking to find a cure for this terrible disease.

Interestingly, one of the newest potential therapies for Alzheimers is one that uses LSD.

A company called Eleusis is investigating the anti-inflammatory potential of psychedelics, specifically the application of subperceptual doses of LSD in halting the progression of Alzheimers disease.

While plenty of folks still equate LSD with hippies and party drugs, the truth is LSD has been studied for decades as a potential treatment for all kinds of mental health and neurodegenerative diseases.

But only recently has this molecule moved out of the shadows and into FDA clinical trials and Wall Street boardrooms.

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You'll also get our free report, The Only Psychedelics Stock to Own Now

If youre a regular reader of these pages, you know Ive been very bullish on the psychedelics space.

In fact, Ive recommended seven psychedelics stocks to members of my Green Chip Stocks community. And theyre all doing very well. In fact, one in particular, a company called MindMed (OTCBB: MMEDF), has thus far delivered us gains in excess of 760%.

And to be honest, we havent even scratched the surface on that one yet.

For nearly two years now, Ive immersed myself in this market.

Ive pored through the research, visited university chemistry labs where researchers are developing all kinds of various psychedelic molecules, and have done dozens of site visits to see this stuff for myself.

In my nearly 30 years in finance, I can tell you without hesitation that Ive never seen an industry so full of potential.

When it comes to mental health treatments, neurodegenerative diseases, and brain trauma, there is little on the market today that works effectively.

Yet the earliest research on these psychedelic medicines is showing success rates that make whats currently on the market look like snake oil.

Take the research study that Johns Hopkins University did a couple years ago, where researchers showed tremendous success in treating smoking addiction with psilocybin therapy.

If youre unfamiliar, psilocybin is the psychedelic compound produced by magic mushrooms. And in this Johns Hopkins study, researchers saw an 80% success rate, which is unheard of in the world of addiction treatment.

The most "effective smoking cessation therapy on the market today boasts a success rate of about 30%. Hardly a "success," to be sure.

In addition to studies being conducted at Johns Hopkins, there are now about a dozen private and public companies actively conducting, or preparing to conduct, FDA clinical trials using psychedelic compounds to treat everything from anxiety and depression to PTSD and addiction to Alzheimers and Parkinsons.

Im not saying psychedelics represent a miracle cure, but they're about the closest thing Ive ever seen, which is why Ive been loading up the boat since 2019.

And you should be too.

Because the bottom line is the psychedelics market is going to make a lot of people very, very rich but only those who get in now, while these stocks are still trading at tremendous discounts.

You can get access to a list of some of these companies here.

Ive also put together a short white paper on the psychedelics market, its potential value for investors, and, of course, some of the psychedelics companies that are just crushing it in the space.

You can check that out here.

To a new way of life and a new generation of wealth...

Jeff Siegel

@JeffSiegel on Twitter

Jeff is the founder and managing editor of Green Chip Stocks, a private investment community that capitalizes on opportunities in alternative energy, organic food markets, legal cannabis, and socially responsible investing. He has been a featured guest on Fox, CNBC, and Bloomberg Asia, and is the author of the best-selling book, Investing in Renewable Energy: Making Money on Green Chip Stocks. For more on Jeff, go to his editor's page.

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Investing in Psychedelic Medicines That Could Treat Alzheimers - Energy & Capital

Altering Perception: Psychedelic substances are being increasingly tested for therapeutic use for mental health conditions – The Financial Express

But, it is only now that Western medicine is testing these for therapeutic value in mental health; marijuana has been used in pain relief and palliative care, but hardly ever as a drug to fight depression or anxiety disorders.

In these times labelled Orwellian by many in the commentariat, some scientists are trying to see if a Huxleyan turn(in Aldous Huxleys Island, not Brave New World) could work for mental health. Once associated with the countercultural movement of the 1960s, and now, with everything from creativity to delinquency, psychedelic substances such as psilocybin, LSD and even MDMA are being studied by researchers for possible use in treatment of mental health conditions. Nature reports that clinical trials involving psychedelics have risen from three in 2010 (all involving MDMA) to 17 last year (13 psilocybin, three MDMA and one LSD).

In some cultures, psychedelic substances have been tolerated across centuries, even celebrated, if not for therapeutic usesIndia is, of course, one of the most notable examples. But, it is only now that Western medicine is testing these for therapeutic value in mental health; marijuana has been used in pain relief and palliative care, but hardly ever as a drug to fight depression or anxiety disorders. Indeed, the USs war against drugs set the world back by decades on medical use of psychoactive substances. Now, you have the Imperial College, London, the Johns Hopkins University, the University of California, Berkeley, the Icahn School of Medicine at Mount Sinaiall medical research bellwethersstudying the benefits of these substances in post-traumatic stress disorder, depression, etc. Indeed, they are being tested for use in fighting alcohol addiction. Decriminalisation of certain psychoactive substances, for therapeutic use and, in some cases, for limited recreational use, has helped lessen the taboo. And, if ongoing trials establish clinical benefits, many of these substances could be viewed more positively than before.

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Altering Perception: Psychedelic substances are being increasingly tested for therapeutic use for mental health conditions - The Financial Express

Core One Labs Announces Its Entrance into the Ketamine Space with Proposed Acquisition of Ketamine Infusion Centers of Texas – BioSpace

VANCOUVER, BC / ACCESSWIRE / February 4, 2021 / Core One Labs Inc. (CSE:COOL)(OTC PINK:CLABF)(Frankfurt:LD62) (WKN: A2P8K3) (the "Company") a biotechnology research and development company focused in life sciences and on bringing psychedelic medicines to market through novel delivery systems and psychedelic assisted psychotherapy is pleased to announce it has entered into a letter of intent (the "Letter of Intent") dated January 20, 2021 with Ketamine Infusion Centers of Texas, LLC ("KICT"), an arms-length-party, to review a potential acquisition of KICT.

KICT is a Health and Wellness Clinic located in Woodlands, Texas that was established to address treatment-resistant depression and other mental health disorders, through the delivery of Ketamine infusion treatments. KICT aims to be known as a centre of excellence in the management of treatment-resistant depression and strives to achieve this by providing unparalleled and individualized care based on the uniqueness of eachclient. Using research-based data, KICT has created proven, effective treatment protocols that have helped patients suffering from treatment-resistant depression, as well as other mental health disorders. These include major depressive disorder, bipolar disorder, post-partum depression, post-traumatic stress disorder and obsessive compulsive disorder.

"The acquisition of KICT poses an exciting growth opportunity for Core One as we endeavour to broaden our footprint in the psychedelics as alternative medicines' market and expand our presence in medical clinics across North America. It is our first step into the leading psychedelic treatment methodology in the US which opens up a whole new market for us" stated Joel Shaker, CEO of the Company.

"KICT's history as established practitioners in this burgeoning field, and Core One's ongoing research and development in alternative psychedelic medicines and delivery methods, create a unique and international platform to address mental health. This acquisition is the first step in building our foundation and infrastructure in the US, where regulations surrounding psychedelics are shifting rapidly. Given KICT's cutting edge treatment approach and client base, Core One is positioned to take advantage of a variety of new treatment options that are going through the FDA process. Furthermore, this provides us with an impressive avenue to conduct research and clinical trials to create additional novel IP."

ABOUT KETAMINE

Ketamine is a legal drug and at a sub-anesthetic dose produces a non-ordinary state of consciousness that produces psychedelic and euphoric effects. Ketamine is showing much success in providing symptom relief for depression, anxiety, and other mental health conditions when administered in conjunction with psychotherapy.

In 2000 Yale University published the first study on Ketamine's use for the treatment of depression. Since this first study many subsequent studies have been published, providing evidence of the safety and efficacy of Ketamine, as an alternative treatment method. The use of Ketamine has been so effective that Dr. Thomas Insel, Director of the National Institutes of Health stated, "Recent data suggest that Ketamine, given intravenously, may be the most important breakthrough in antidepressant treatment in decades".

According to the World Health Organization, 300 million people worldwide have depression. 16.2 million Americans or roughly 7% have experienced depression in the past year. 10.3 million Americans have experienced an episode that has caused severe impairment including loss of jobs and relationships. Depression is the leading cause of disability worldwide. The total economic burden is estimated to be $210 billion annually.

"There are many facets of depression including bipolar disorders, anxiety disorders, and post-traumatic stress disorder (PTSD). We all have been affected by depression in one way or another. Many of us witnessing firsthand what depression can do to a loved one, a close friend, or work colleague. Depression can create an incredible void in these individuals, yet unfortunately, depression and the field of mental health has taken a back seat in our present day culture. Unlike diagnoses such as hypertension, coronary artery disease, or diabetes, depression is not a condition that is well accepted by society and causes people with this disorder to withdraw even further away, shutting out the world around them," stated Michael Nguyen, M.D., Psy.D., Medical Director of KICT.

LETTER OF INTENT TERMS

Pursuant to the terms of the Letter of Intent, it is contemplated that the Company would acquire all of the outstanding membership interests in KICT in consideration for US$200,000, which would be satisfied through the issuance of common shares of the Company upon closing.

Completion of the acquisition of KICT is subject to a number of conditions, including, but not limited to, completion of due diligence, negotiation of definitive documentation and the receipt of any required regulatory approvals. The proposed acquisition is not expected to constitute a fundamental change for the Company, nor is it expected to result in a change of control of the Company, within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange.

ABOUT CORE ONE LABS INC.

Core One Labs Inc. is a biotechnology research and technology company focused in life sciences and on bringing psychedelic medicines to market through novel delivery systems and psychedelic assisted psychotherapy. The Company has developed a patent pending thin film oral strip (the "technology") which dissolves instantly when placed in the mouth and delivers organic molecules in precise quantities to the bloodstream, maintaining excellent bioavailability. With this technology, the Company intends to further develop its IP technology to focus on delivering psychedelic molecules with an initial focus on psilocybin. Core One also holds an interest in walk-in medical clinics which maintain a database of over 200,000 patients combined. Through research and development in these clinics, including the integration of its intellectual property related to psychedelic treatments and novel drug therapies, the Company intends to work towards regulatory approval for research that advances psychedelic-derived treatments for mental health disorders.

Core One Labs Inc.Joel ShackerChief Executive Officer

FOR MORE INFORMATION, PLEASE CONTACT:

info@core1labs.com1-866-347-5058

Cautionary Disclaimer Statement:

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information. In addition, psilocybin is currently a Schedule III drug under the Controlled Drugs and Substances Act (Canada) and it is a criminal offence to possess substances under the Controlled Drugs and Substances Act (Canada) without a prescription. Health Canada has not approved psilocybin as a drug for any indication. Core One Labs Inc. does not have any direct or indirect involvement with illegal selling, production, or distribution of psychedelic substances in jurisdictions in which it operates. While Core One Labs Inc. believes psychedelic substances can be used to treat certain medical conditions, it does not advocate for the legalization of psychedelics substances for recreational use. Core One Labs Inc. does not deal with psychedelic substances, except within laboratory and clinical trial settings conducted within approved regulatory frameworks.

SOURCE: Core One Labs Inc.

View source version on accesswire.com:https://www.accesswire.com/627856/Core-One-Labs-Announces-Its-Entrance-into-the-Ketamine-Space-with-Proposed-Acquisition-of-Ketamine-Infusion-Centers-of-Texas

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Core One Labs Announces Its Entrance into the Ketamine Space with Proposed Acquisition of Ketamine Infusion Centers of Texas - BioSpace

White punks on dope: Cannabis, psychedelics and the storming of the Capitol – The Independent

W

hat do the words Baked Alaska mean to you? Maybe the name of a somewhat naff dinner party dessert made out of meringue, ice cream and sponge. It is the sort of thing that might have been served with a final flourish at Abigails party, washed down with some red wine straight from the fridge.

Thats fine as far as it goes because these days Baked Alaska signifies two other things: the name of a popular and extremely potent strain of marijuana and, finally, the online handle of one Joseph Gionet Donald Trump activist and rap musician (creator of the Maga Anthem) and one of the main instigators of the 6 January invasion of the US Capitol building.

Gionets journey into the world of the far right came via libertarianism and campaigns for the legalisation of all drugs, not just weed. Libertarianism turned out to be a gateway drug for Gionet and soon he was posting neo-Nazi memes online, possibly because Gionet is an internet businessman and such outrages tend to attract traffic and therefore advertising revenue. From there it was a short step to meeting Donald Trump, in person, having Trumps face tattooed on his forearm and launching an online news channel podcast specialising in spreading rap music and weed-flavoured conspiracy theories.

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White punks on dope: Cannabis, psychedelics and the storming of the Capitol - The Independent

How his lifelong psychedelic journey may lead to the legalization of MDMA – The Jewish News of Northern California

When Rick Doblin was in his early 20s, he had a dream in which he was escorted back in time to witness a Holocaust survivors narrow escape from the Nazis.

In his mind, Doblin traveled to Eastern Europe to witness thousands of Jews lined up alongside a mass grave as the gunners open fire, toppling the bodies into the earth. The man spends three days alive underground before emerging and fleeing to the woods, where he survives the war in hiding.

The man then tells Doblin that he survived this horror only to deliver a message that Doblin should devote his life to promoting psychedelics as a cure for human ills and an insurance policy against another Holocaust. Then he expires.

Doblin took the advice to heart. For much of the next four decades, he waged an often frustrating battle to get public health authorities to recognize the value of psychedelics, the perception-shifting compounds popularized in the 1960s that have been a source of both fear and fascination ever since.

Ive always felt that the response to the Holocaust is helping people realize our common humanity, Doblin said. And that there are many ways to do that, and psychedelic mystical experiences are one of the ways. And so I felt like what Im doing is to try to prevent another Holocaust and that thats the deepest motivation.

In the United States, research on these chemicals has been banned since the 1960s because, in the governments judgment, they have no recognized medical value and a high potential for abuse. But a growing body of research has shown their efficacy for a range of mental illnesses that have proven resistant to other treatments, including post-traumatic stress disorder, addiction, depression and anxiety. Research underway at Johns Hopkins and New York University is also investigating whether psychedelics can be of use in a wider array of applications, including one study on whether the drugs can induce spiritual experiences among religious clergy.

Doblin has funded some of this research as the founder of the Multidisciplinary Association for Psychedelic Studies, a nonprofit he runs from his home here in suburban Boston. And after years of effort and $100 million raised, he now stands on the cusp of a major victory.

In late October, Doblin received preliminary results from a MAPS-funded phase 3 study of the effects of MDMA better known as the club drug Ecstasy on PTSD. Phase 3 trials are typically the final hurdle before the Food and Drug Administration authorizes a drug for public use. Those preliminary results showed MDMA surpassed the FDAs threshold for statistical significance in treating PTSD.

A formal scientific paper is due early next year and Doblin expects government authorization for prescription use will eventually follow. If it does, it would be the first time the federal government has ever approved a psychedelic to assist in psychotherapy.

Its enormously satisfying because it was something that Ive basically been devoted to for the last 48 years, Doblin told the Jewish Telegraphic Agency. It was just ecstatic, you could say.

Legalization of medical MDMA would represent the culmination of a journey that Doblin often traces back to his bar mitzvah.

Born in Chicago in 1953, Doblin was raised in suburban Skokie, a heavily Jewish area home to a large number of Holocaust survivors. The family later moved to Winnetka, an affluent suburb where they lived in a house designed by an apprentice of Frank Lloyd Wright that had a tree growing in the middle of it. His father, Morton, was a pediatrician and his mother, Arline, a schoolteacher.

I grew up thinking the whole world was Jewish, Doblin said. That was my education. All my parents friends were Jewish. The neighbors were all Jewish. We went to temple. Youre a little kid, you think your whole world is the universe.

Though his family had arrived in America before the war, the Holocaust loomed large in Doblins childhood imagination. The irrational hatred, the othering of minorities and the potentially lethal consequences terrified him. Psychedelics offered him a way to turn that fear into something useful.

It also showed him a way to invigorate his inner life in a way that Judaism had failed to, a fact that came home to him in dramatic fashion as he lay in bed the morning after his bar mitzvah and was disappointed to discover nothing had changed. This rite of passage that Jewish boys had undergone for centuries had failed to turn him into a man.

I just felt like my bar mitzvah was a massively disappointing rite of passage that didnt engage me at the levels that I needed to be engaged in, that I was hungry for, he said. So four years later, when I first started taking LSD, I was like, this is what my bar mitzvah should have done. This is engaging me at the existential, spiritual, emotional levels that really can produce a rite of passage, that this is what I was missing.

Doblin enrolled at New College in Sarasota, Florida, then an experimental school that he recalls as a four-year bacchanal where students lounged poolside in the nude by day and danced all night under the influence of psychedelics. It took him 16 years to earn his degree.

He first tried LSD in his freshman year. And though the effects were not the full-blown mystical experience many report under the drugs influence, it was enough to convince him that this chemical synthesized in a Swiss laboratory in 1938 held enormous potential for human transformation.

In the first, Id say, 10 LSD trips, what they were doing for me was putting me in touch with my emotions and also helping me think more about kind of this inner energy, and also these intimations of connectivity with the history of evolution, with other people, with nature, he said.

At the time, a community of psychedelic enthusiasts, driven underground by the governments ban on LSD research, was quietly developing methods to harness the drugs power for psychic healing and spiritual growth. Doblin fell in with this crowd, which included Dr. Stanislav Grof, the Czech psychiatrist who had done some of the earliest research with LSD.

As Doblin pursued his ambition of becoming a psychedelic therapist, he undertook various passion projects in Florida, including building a handball court for the college and starting a construction business. In Sarasota, he lived in a fanciful cedar house he built himself as a venue for tripping, including a massage room, a soaring 20-foot ceiling, stained glass panels, floors made of river gravel but no television.

TV, Doblin told the Miami Herald in 1985, causes brain damage.

By the mid-1980s, Doblin had become a nationally recognized evangelist for MDMA, then just emerging into the public consciousness as a trendy new club drug. Around that time, at the urging of a top U.N. official with whom he shared the belief that a global spiritual awakening was the key to world peace, Doblin sent an MDMA sample to Rabbi Zalman Schachter-Shalomi, the New Age rabbi and father of the Jewish Renewal movement.

Schachter-Shalomi was famously interested in psychedelics, having done LSD with Timothy Leary in the 1960s and reporting on the experience to his colleagues. Helater told The Washington Post, anonymously, that MDMA was a delight akin to the Jewish Sabbath. Doblin wound up visiting Schachter-Shalomis Philadelphia synagogue several years later, where he attended Yom Kippur services under the influence of MDMA.

It was amazing, Doblin said. It really opened my heart. MDMA and Yom Kippur go together great.

Doblin established MAPS in 1986, the year after the Drug Enforcement Administration declared MDMA a Schedule I narcotic, the governments most restrictive designation. For most of the next three decades, Doblin waged what seemed at times like a hopeless battle to pry open the door to psychedelic research, even earning a doctorate from the Kennedy School of Government at Harvard to get the skills to confront the government bureaucracy.

He found particularly fertile ground for these efforts in Israel, where he has extensive family ties and where decades of war and terrorism had made PTSD an urgent public health concern. (His great-grandparents house is aTel Aviv landmarkthat is now home to the Heseg Foundation.) MAPS held a conference by the Dead Sea in 1999 in an attempt to push Israeli regulators to approve a study of MDMA for the treatment of PTSD. Among the attendees was Raphael Mechoulam, the legendary Israeli researcher best known for identifying THC, the active ingredient in marijuana.

Israel later became the first country in the world to approve a compassionate use program for MDMA-assisted psychotherapy for PTSD (the United States followed several months later) and provide public support for MDMA research, to the tune of $500,000 approved in February 2019. Israel is now one of just three countries where phase 3 trials are underway. (The United States and Canada are the others.)

Doblin declined to provide specifics about the preliminary results of the phase 3 trials, pending the publication of a formal paper. But preliminary results from phase 2 trials conducted partly in Israel found that out of 107 patients who had suffered from PTSD for an average of nearly 18 years, 68 percent reported no symptoms one year after MDMA-assisted therapy an extraordinary rate of success. Those results led the FDA in 2017 to declare MDMA a breakthrough therapy and to green-light phase 3 trials, which began the following year.

I think that what happens with MDMA, because of its pharmacological profile increased dopamine, serotonin, oxytocin it creates a sense of well-being, said Keren Tzarfaty, a therapist who directs Israeli projects for MAPS. The person is getting regulated and has a very beautiful experience of safety. And from this place, they can look and be with the trauma they have experienced. Then we can help them to process it.

The phase 3 results are landing in an environment newly receptive to these chemicals long demonized as tools of the counterculture.

At Johns Hopkins, a psychedelic research unit has published over 50 peer-reviewed papers investigating not only the potential to treat disease with psychedelics, but also their effects on healthy subjects. Investors are flocking to a nascent psychedelics industry, anticipating a boom similar to the one that accompanied the rise of medical marijuana a decade ago. The Harvard Divinity School is currently hosting a lecture series about psychedelics and the future of religion. And earlier this month, Oregon became the first state to legalize psilocybin, the active ingredient in psychedelic mushrooms, in therapeutic settings. Michael Pollans 2018 book How to Change Your Mind, which surveyed this landscape, topped The New York Times best-seller list.

Doblin is naturally thrilled about this shift in the zeitgeist, one he had no small part in creating. But unlike many proponents of research into formerly forbidden drugs, Doblin is candid that his endgame is broad legalization. In his view, the ideal scenario is a regime called licensed legalization in which the right to use psychedelics is akin to driving a car: After taking the drug in a supervised setting, users are granted a license to use that can be taken away in response to misbehavior.

Doblin predicts a system of this nature could be a reality by 2035, after a decade or so in which controlled therapeutic use accustoms the public to the value of these chemicals. In Doblins ideal world, the system also would allow parents to make private decisions about giving psychedelics to their children.

I think that psychedelics are great for rites of passage, Doblin said. I think that when you are 12, or 13, you are ready for trying to figure out your place in the world. So I think that we would have psychedelic bar and bat mitzvahs.

Rabbi Zac Kamenetz of Berkeley, the founder and CEO of Shefa, a new group that advocates for psychedelic therapies in the Jewish community, says that Doblins twin objectives of healing the wounds of past atrocities and infusing contemporary life with deeper meaning is an echo of the question Rabbi David Hartman posed in his seminal 1982 essayAuschwitz or Sinai.

Rick might not think of himself as a Jewish theologian, and maybe hes not, Kamenetz said. But he happens to be in a position of recasting the question: Is the Jewish agenda for the next 1,000 years going to be in the pain and trauma of Auschwitz, or are we doing to drop anchor and reach back to the moment thats always been the moment, the moment of revelation at Sinai? Do we want to reach into something that is transcendent, that exists within the human mind and heart? And that for Rick and for me is made completely available through the use of psychedelic therapy.

Such ideas, and Doblins fearlessness in promoting them, havent always endeared him to psychedelic researchers, who have sought to bring along risk-averse institutions by presenting their work as a scientifically sound approach to treating previously intractable illnesses not as a Trojan horse in the culture wars. To some ears, Doblins rhetoric about ending genocide and enlightening humanity through widespread use harkens back to Leary, the Harvard professor whose promiscuous dispensation of LSD led to his firing in 1963.

But Doblins success in bringing the fight for MDMA therapy to the cusp of fruition may go a long way toward silencing the naysayers, who have warned that potential blowback to a broad legalization effort would result in another crackdown like the one that squashed Learys early research. At least for now, those fears appear unfounded.

Im completely vindicated, Doblin said, breaking into a broad smile.

Medicalization leads to legalization because youve got fear and misinformation and people thinking that one dose, brain damage, functional consequences, addiction, stay away, he added. Theres just such decades and decades and decades of propaganda and fear. And how do you overcome that? Thats where medicalization comes in. If you can show that the benefits outweigh the risks, it causes people to start thinking.

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How his lifelong psychedelic journey may lead to the legalization of MDMA - The Jewish News of Northern California

People are increasingly open to psychedelic therapies. Whats driving that change? – The GrowthOp

Article content continued

This year, Canadas health minister Patty Hajdu granted 12 terminally ill Canadians Section 56 exemption to the Controlled Drug and Substances Act so they may legally access psilocybin therapy.

Earlier this month, the first non-palliative Canadian,Mona Strelaeff,was also granted an exemption.Strelaeff, 67, said she has struggled with anxiety, depression and addiction for years, but following her psilocybin treatment, her depression and anxiety seem to be gone.

For the first time, I feel like I have won the battle in my mind, she said.

Levy, who alsoco-founded CanadianCannabisClinics, a national medical cannabis access and education service, credits cannabis legalization for helping challenge perceptions and opinions about the plant, including in the medical field.

Years ago, he says, if he attended a medical conference to speak about cannabis, physicians would pass his booth with a wide berth. They would walk around and not even engage with us to avoid a conversation, he says. And within a couple of years, it changed rapidly.

Field Trips medical director, Dr. Michael Verbora, has noticed the same thing. While, five years ago, some of his colleagues worried that he might be harming his patients by giving them microdoses of THC and weaning them off anti-psychotics, he says colleagues now approach him about prescribing cannabis for a variety of conditions, even where theres a lack of supporting evidence.

So the tide has completely changed there, Dr. Verbora says. And I think its going to happen with psychedelics, as well.

He says that one of the great benefits of psychedelics is that they can introduce neuroplasticity in the brain. That really just means flexibility in the brain, he says an ability to relearn and reframe old ways of thinking.

You get this period of time, he explains, where we can rewrite some of the narratives that we tell ourselves and, perhaps, shift that into a more positive setting.

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People are increasingly open to psychedelic therapies. Whats driving that change? - The GrowthOp

These Four Former Pro Athletes Are Using Psychedelics To Heal Their Brain Injuries – Forbes

Retired MMA fighters Ian McCall and Dean Lister (from left to right, top right corner) attended a ... [+] plant medicine ceremony where they drank tea containing up to five grams of magic mushrooms, in this still image from a recent segment of HBO's Real Sports with Bryant Gumbel.

A segment on a recent episode of HBOs Real Sports With Bryant Gumbel begins with former NHL player Daniel Carcillo describing his plan to kill himself. Hes one of four athletes in the episode who after retiring from full-contact sports had been both physically and mentally traumatized by the long-term effects of repeated concussions, and has now found relief with psychedelics.

Carcillo, former NFL player Kerry Rhodes, and former UFC fighters Ian McCall and Dean Lister are part of a growing movement of people using plant medicines like ayahuasca and magic mushrooms to help heal post-traumatic stress disorder and the symptoms of brain trauma.

On the outside, it seemed like Carcillo, a two-time Stanley Cup winner had it all: a wife and children, a comfortable home, and a successful career in the worlds premiere professional hockey league. But truthfully, Carcillowhose on-ice reputation earned him the nickname car bombtold correspondent David Scott hed never felt more dead inside.

Pierre-Edouard Bellemare of the Philadelphia Flyers fights with Daniel Carcillo of the Chicago ... [+] Blackhawks on March 25, 2015 in Philadelphia, Pennsylvania. Carcillo earned the nickname "car bomb" for his tendency to get in fights.

Depression is just one of multiple symptoms associated with chronic traumatic encephalopathy, or CTE, a condition of the brain that is associated with repeated blows to the head. Other symptoms include memory loss, confusion, personality changes, and erratic behavior. A definitive diagnosis can only be made in an autopsy, but a 2017 study showed CTE was found in 99 percent of former NFL players and 91 percent of college football players studied.

Diagnosed with seven concussions throughout his 12-year professional hockey career Carcillo says he likely experienced hundreds more, and went down multiple avenues trying to improve his mental health. After trying psychotherapy and different SSRIs, he opted for something outside Western medicines realm of treatment: ayahuasca, a South American brew revered by Indigenous cultures as a powerful medicine and containing the psychedelic compound N,N-Dimethyltryptamine, or DMT.

Im just trying to look for more peace of mind, less suffering, he says to the cameras from the Peruvian jungle before attending the ceremony. Four hours later, he emerges feeling changed, and calls it the most amazing experience of his life.

Months later when HBOs production team visits Carcillo, he says hes experiencing little to no depression and anxiety, while symptoms including slurred speech, headaches, head pressure, memory issues, concentration, and insomniaare all completely gone.

I didnt see him smile for years, says his wife, Ela. With her husband still symptom-free after five months, she asks Scott, how can you not believe this stuff works?

While the results of Carcillos experience are truly astonishing, Scott says its the way these experiences pair up with existing clinical research that truly makes the story.

Bilal Powell of the New York Jets is tackled by Kerry Rhodes of the Arizona Cardinals on December 2, ... [+] 2012. Rhodes, now retired, experienced many concussions throughout his career and went to Costa Rica to drink ayahuasca to help overcome the symptoms of brain trauma.

Athletes started emerging as potential patients who could benefit from these therapies, he says by phone from the Bronx. Their experience lines up with emerging science. For treatment-resistance depression and PTSD, these drugs can provide relief for a lot of people. Maybe not for everyone, and maybe its not going to fix everything, but better is better, and these guys hadnt found better in anything else.

Whats more, Scott suggests that had the federal government not shut down psychedelic research, which was in full swing before the war on drugs began, generations of people suffering from depression, addiction, and trauma could have been helped.

The segment directed by Jordan Kronick also features psychedelic researcher Dr. Robin Carhart-Harris of the Imperial College London. He says a single dose of psilocybin has been shown to produce enduring results in patients suffering from a multitude of conditions that run the gamut, from depression and anxiety to obsessive compulsive disorder and more.

When former NFL player Rhodes is featured, he gets emotional when recalling his first ayahuasca ceremony in Costa Rica. Like Carcillo, Rhodes says the experience changed him, eliminating his headaches and pain, bringing back his memory, and even removing his fear around CTE, leading to huge improvements in quality of life.

I hear stories like that a lot, but Im not surprised because thats how these drugs have been used for thousands of years, says Rick Doblin, the founder of the non-profit Multidisciplinary Association for Psychedelic Studies, or MAPS. Doblin describes what happened in America after the U.S. government shut down psychedelic research as an incredible exercise in cultural amnesia, and advocates for increased study of psychedelics through his organization.

McCall fought in the UFC and other professional MMA leagues for 15 years before finally tapping out. Injury after injury had left him snorting opiate painkillers including fentanyl on a regular basis, turning him into a self-described monster. Experimenting with psychedelics, he says, helped cure him of his addiction and suicidal thoughts.

Yushin Okami (white shorts) on the offensive against Dean Lister (grey/blue shorts) during UFC 92 at ... [+] MGM Grand Garden Arena on December 27, 2008. Lister, revered among grapplers as the godfather of modern leg locks, was defeated in what ended up being his last fight in the UFC.

Today, he is committed to helping improve the mental health of other former fighters by showing them how life-altering regular group experiences with psychedelic medicines can be.

Fighters are good people, McCall says, but theyre tormented. The Real Sports segment takes viewers inside a private ceremony in which a group of fighters including grappler and former UFC star Lister are guided through a psilocybin trip by a shaman.

Like any longtime mixed martial artist, Lister has experienced his fair share of head trauma, and describes the symptoms associated with repeated concussions like being stuck in a prison cell in your own mind. Before taking five grams of mushrooms (with McCall seated to his right), Lister was struggling with alcoholism, drinking up to 20 beers a day and taking Xanax every night.

During the deep journey (the only kind afforded to anyone who consumes five grams, or a heros dose, at one time) Lester experiences the kind of near-death hallucination only psychedelic travellers will be familiar with, and says to himself, If I wake up, Im going to do things different. Since the experience, hes steered clear of all drugs and alcohol.

Its so common with psychedelics, that sense of something really serious happening, maybe even death, says Carhart-Harris. The way it turns around, where people realize, oh, Im not actually dyingthats where the shift happens. Its like survivor euphoria: oh, I do have that second chance.

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These Four Former Pro Athletes Are Using Psychedelics To Heal Their Brain Injuries - Forbes

As Psychedelics Go Mainstream, Can the Industry Keep its Heart? | INN – Investing News Network

The industry is on the cusp of delivering a new age of healthcare and will need capital. Can it retain its idealism through that process?

Follow the sector closely and youll start to notice an underlying theme in the new age of psychedelics a deep-rooted ambition to do good for others. Not every industry is able to deliver on that promise, but the business of psychedelics wants to be different.

Although 2020 served as a launching pad for psychedelics investing, decades of work and activism have gone largely unnoticed by players in the capital markets.

Now that theres money to be made and lots of it by even the most conservative estimates investors will have to grapple with the altruistic interests of the players shaping the industry. Those same players may have to get accustomed to the realities of the capital markets.

In the pursuit of capital for such a compassionate industry, which interests will win out? One industry insider believes it could be possible to have both.

Liana Gillooly is a development officer at the Multidisciplinary Association for Psychedelic Studies (MAPS), a research group working on one of the most advanced drug development studies for a psychedelic substance. MAPS is investigating the use of MDMA as a method of psychotherapy for patients with PTSD.

In 2017, this psychedelics-based method was granted a breakthrough therapy designation by the US Food and Drug Administration in a move that represented the drug authoritys changing perspective. MAPS has said in the past that it expects its Phase 3 trials sometime in 2021.

Gillooly told the Investing News Network (INN) that existential questions about how a business and its purpose can help the world at large arent so radical anymore, and psychedelics can help push that even further without compromising capital needs.

The expert is no newcomer to the investment landscape, especially drug-related businesses. Gillooly previously worked with the Arcview Group, a cannabis policy advocacy group and investment network.

The group tracks and advocates for the legalization of cannabis across jurisdictions. But while noble in its intention, the experience of trying to push the social awareness platform into the cannabis investment space eventuallybegan to feel hollow for Gillooly.

I started feeling like our words were empty, because I was looking around the industry and I was seeing that a certain demographic of people was making cash hand over fist, millions of dollars, while another demographic of people was still serving time behind bars for minor cannabis offenses, she said.

The legalization trend for cannabis has highlighted the disparity in opportunities the industry has brought. A report from Vice on a recent study shows white men represent the leading demographic in cannabis companies leadership positions. The studys findings echo a report from the Financial Post showing an absence of minorities in leadership positions in the space.

Gillooly said the stakes are even higher when it comes to social responsibility for the psychedelics industry, since these drugs, if approved, will likely become part of a patients life.

I think the set and setting and the context from which these medicines are received matters, not just, you know, in the immediate environment, but the cultural context. I think it really impacts what a person can get out of these experiences, she noted.

When asked about the entrance of parties interested in psychedelics only for the potential end-game gains, Gillooly recognized that this is already happening in Canada.

She also pointed out that when it comes to the growth factor for the psychedelics stock market, there are very few legitimate opportunities at the moment since the trend is heading towards drug development.

In a previous interview with INN, Richard Carleton, CEO of the Canadian Securities Exchange, said investors should be realistic about the time proposition attached to the investment story of psychedelics.

Even so, the welcoming nature of the Canadian markets has attracted a new rush of listings from various companies trying to capture the attention of investors interested in the psychedelics business proposal.

While Gillooly said this natural, she thinks a critical few are capable of dictating the path for this industry.

I do think that theres enough people and theres enough entrepreneurs and enough funders that recognize that this is a really precious and critical moment and opportunity, and are genuinely desiring to put their money where their mouth is, and to be a little bit more experimental and to see what we can make happen, she said.

I dont think we need everyone, I just think we need a critical mass of people to do that.

Why is psychedelics raising these questions more than other industries?

Saad Shah, managing partner with Noetic Psychedelics, thinks its because the psychedelics business is uniquely positioned to directly help peoples mental health. Thats the main purpose put forth by those directly involved in the sector.

JR Rahn, co-founder and co-CEO of Mind Medicine (MindMed) (NEO:MMED,OTCQB:MMEDF), previously told INN he wants to see this industry completely change the approach to mental health.

Watch the full interview with Rahn above.

MindMed was one of the first firms to publicly listbased on the psychedelics business proposition.

The industry, which has seen a steady rush of new listings and existing public companies rejigging their approaches to pursue opportunities in psychedelics, has received votes of confidence from significant investors with large sway on the motivation of investors.

Arguably chief among them is Shark Tank investor Kevin OLeary. The celebrity businessman politician hasnt shied away from his support of psychedelics with the public launch of MindMed back in February.

Since then, OLeary has continued to voice his enthusiasm for the investment possibility with psychedelics. Most recently he re-emphasized his opinion via Business Insider.

Such high-profile connections have only added to questions about how an industry based on grassroots activism can deal with heavy interest from commercial and investment opportunities as they bubble up.

This discussion recently reached one of the leading drug policy events. At the latest edition of the online Prohibition Partners LIVE event, a panel featuring non-profit psychedelics experts expressed hesitation about the general idea of commercializing plant-based medicines.

The panelists were skeptical about who benefits from introducing commercial concepts to an industry otherwise known for grassroots activism.

Dr. Victoria Hale, a board director for MAPS, said the industry has to be careful and conscientious as commercial interest is only set to grow from hereon out.

The possible benefit of commercialization is broader access, and I think we all would agree that there are many people in the world who would benefit from these medicines, Dr. Hale said.

Alongside the interest from the capital markets comes the question of if that level of attention will affect the focus or direction of the psychedelics industry. One industry observer with plenty of experience in the cannabis space doesnt think so.

Stephen Murphy, co-founder and managing director of drug research firm Prohibition Partners, said capital interest doesnt necessarily mean there isnt an inherent desire to help people otherwise, he said, Theres money to be made in gold and oil and 1,001 other areas.

Prohibition Partners prepares and publishes market insights on the global cannabis industry and has been taking a closer look at the rise of psychedelics, issuing its first report earlier this year.

I think it is the challenge of psychedelics that is attracting a lot of interest, Murphy told INN. There is more information on this now more than ever, yet its just getting the light of day, which is why I think we are seeing this wave of interest.

Murphy called on investors to ask smarter questions when it comes to this sector and for those at the management level at companies in the space to get psychedelics into the mainstream in a responsible and ethical way.

While its clear the psychedelics industry will have to grapple with continued interest from the investment community, one investment group partner previously told INN hes hoping for a marketplace focused on principles and doing good for others.

I think the interesting thing about these substances is that beyond the obvious therapeutic and medical applications that were seeing, I think on a personal level they have this kind of tremendous capacity to (create) personal development and empathy, said Michael Hoyos, co-founding partner, Americas, with the Conscious Fund.

I think thats helped a lot of folks that Ive spoken to feel almost like a certain responsibility to help this industry flourish and develop in the right way.

Dont forget to follow us@INN_LifeSciencefor real-time news updates!

Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

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As Psychedelics Go Mainstream, Can the Industry Keep its Heart? | INN - Investing News Network

Combining cannabis with psychedelic mushrooms: Recipe for mind expansion or a bad trip? – Leafly

Its not uncommon to find cannabis consumers who also use psychoactive mushrooms, and vice versa. The internet is full of articles about self-administering psilocybin and marijuana together, with anecdotal reports from people who perceive an enhanced effect from the combination.

What does the science say about how these two substances affect the consumer when taken together?

People have combined the two compounds for decadesif not centuries. One 2006 study that looked into polysubstance use among university students found that of the 149 students surveyed, nearly 60% regularly co-administered cannabis and psilocybin (the active ingredient in psychedelic mushrooms).

That co-administration remained mostly limited to the experimentation of younger adults, though, until recently. In the past few years, mainstream interest in psilocybin has exploded, driven by promising research into its therapeutic use.

That growing interest resulted in a historic vote in Oregon and Washington, DC, earlier this month, in which the state and the district both decriminalized the possession and use of psilocybin.

It will soon be legal to use both substances together in those jurisdictions. But is that a good idea? What does the science say about how these two substances affect the consumer when taken together? Heres what we know.

Related

What are psychedelics?

Most of what we know about the pairing comes from anecdotal reports. The experience provoked by ingesting a psychedelic substancelet alone the combination of two different psychedelics like psilocybin and cannabisis highly subjective. It can be affected by a persons mindset and their social environment, often referred to as set and setting. This makes the effects of these drugs difficult to study in a controlled way.

That said, cannabis can augment the effect of psilocybin, particularly when paired with a heroic dose of psilocybin.

Michelle Janikian, author of Your Psilocybin Mushroom Companion, wrote about What You Need to Know About Smoking Weed While Tripping for Double Blind last year. The main concern, she wrote, is the consumers mental and spiritual well-being, because cannabis can have an unpredictably strong effect when mixed with psychedelics.

Related

How to prepare for your first psychedelic mushroom trip

Its not uncommon to hear that cannabis intensified someones experience with heroic dose of psilocybinand not necessarily in a good way.

I personally find mixing cannabis and mushrooms together can be a bit intense for me, reported Janelle Lassalle, a Leafly contributor who writes about the psychedelic world at her website, The Full Spectrum Revolution. It depends on how Ive been feeling, but if Im not doing well emotionally and Ive taken mushrooms, theyll bring those thoughts to the forefront. This kind of volatile emotional state, then, doesnt always mix well with larger doses of cannabis.

A 2019 literature review published in the Journal of Addictive Diseases also mentioned the increased emotional intensity mentioned by Lassalle. Russian researchers noted a clinical presentation of hallucinogen persisting perception disorder (HPPD), a condition characterized by recurrent hallucinations while on and off of substances, in three subjects who paired cannabis with psilocybin with additional substances.

The subjects described the experiences as stressful and frightening. That HPPD event was a single clinical presentation, however, and not a common reaction found in a full clinical studyin other words, its a tiny sample size and should not be taken as conclusive evidence.

Lassalle said she generally finds mushrooms to be more enjoyable on their own, but she and her partner occasionally use cannabis with micro-doses of psilocybin, which she says is much more enjoyableand popular, according others who partake in this pairing.

A microdose with cannabis feels like youre having a wonderful day, plain and simple, said Lasalle. I have higher energy levels, but not at a racy level. Im more alert, focused, creative. I can fall asleep more easily at the end of the night. Colors look a little brighter and everything feels more vivid.

According to a 2017 report by the Global Drug Survey, psilocybin sends the fewest people to the emergency room of any drug on the market. Perhaps the most dangerous thing about psychedelic mushrooms, noted Popular Science, is that theyre easily confused for the poisonous kind.

Cannabis has a well-known track record with regard to lethality: No one has ever died from a marijuana overdose. It simply doesnt affect the mind and body in the same way as opioids and other potentially deadly drugs.

Dr. Evan Wood is a physician and epidemiologist whos spent most of his career studying substance use clinically. Many patients in his own clinical practice have used psilocybin and cannabis. But there are few published studies on the combined effects of using both compounds together.

I think the one thing that can be inferred from the lack of studies is probably that [taking the two compounds together is] not remotely toxic, because we know that cannabis isnt particularly toxic on its own, and neither is psilocybin, Wood told Leafly.

If you look at ibogaine for instance, a lot of literature exists that stems from the toxicology literature, he added. So thats just from people doing it in the community and showing up in hospitals and poison control centers, or investigators doing research, studying these effects. So, if there was a toxic, synergistic effect of cannabis and psilocybin, we would know about it.

While many people use psychedelics purely for the experience, some are pairing psilocybin and cannabis for potential health benefits. The reported success of psychedelic-assisted therapies is so compelling that experts project psychedelics will one day pose a threat to the booming market for anti-depressants and other pharmaceutical drugs.

Likewise, cannabisparticularly CBDhas become a popular alternative to traditional pharmaceuticals, especially for pain relief.

Ophelia Chong, a longtime cannabis entrepreneur, said she frequently micro-doses psilocybin for its world-changing mental health effects. But Chong keeps the two substances separate. She told Leafly she believes that the introduction of cannabis would likely take away from the benefit of psilocybin.

Its like a car and a horse, Chong said. Psilocybin and cannabis are two different things. If youre going to do psilocybin, I would do it first to experience the journey and really answer the questions you want. Then add cannabis later to come downbecause cannabis, I believe, mutes a lot of your questions. Using cannabis on top of psilocybin, she added, is putting blinders on when you should have them off.

Evan Wood confirmed that hes heard of patients using cannabis on the latter end of a psilocybin trip, to facilitate a soft comedown from the energizing effects of psilocybin.I think we know from just use in a naturalistic context of psychedelic substances people commonly use cannabis alongside different drugs including psychedelics, and at least anecdotally people will commonly use cannabis to support the come-down or to synergistically augment the experience, said Wood.

Though some users find the benefits of psilocybin and cannabis are better reaped individually, anecdotal reports from others claim that using the drugs in tandem has been a key to their health and wellness.

I have never consumed mushrooms without cannabis, said one consumer who spoke to Leafly but asked to remain anonymous because the legal status of the substances. I consider mushrooms [to be] cannabis older bigger brother, which complete my medicinal needs.Cannabis for physical ailments.Mushrooms for my soul. The combination being the apex of healing.

Its unclear exactly if or how cannabis and psilocybin can be taken together to augment therapeutic benefits. Nonetheless, Evan Wood is eager to understand this synergy, especially because drug synergies are common and often leveraged to improve a patients overall health.

From my perspective as an internal medicine physician its very common for two medications to be included together for synergistic effects, said Wood. I see patients all the time who are on a combination ACE inhibitor diuretic pill for their high blood pressure. You dont want to give too much diuretic or someones electrolytes might go out of whack. But we can give some diuretic and we can give some ACE inhibitor and we can get this great synergistic effect on blood pressure.

I think we know [taking psilocybin and cannabis together] appears to be safe. I think we know that its happening naturalistically in the community and probably has been for centuries. As we go into the modern era, wed be silly to put blinders on and ignore the fact that these types of things are going to occurand we should be exploring what it means.

Wood isnt alone in this thinking. The University of Miami medical school just received funding from a Toronto-based company, Tassili, to study the effects of combining psilocybin and CBD in treating traumatic brain injuries and PTSD. Researchers wonder if the entourage effectthe synergistic interplay between the many cannabinoids and terpenes found in cannabismight also happen when CBD is paired with psilocybin.

That University of Miami study will enter a human clinical trial phase in early 2021. If the two compounds are found to work well together, they may offer relief to military veterans who suffer disproportionately from traumatic brain injuries and PTSD.

Dr. Michael Hoffer, the chief scientist leading the study, said: Our goal is to develop a prescription pill with these ingredients that treat mTBI [mild traumatic brain injury] and PTSD. This is a new and increasingly exciting area.

Psychedelics and your head

Alexa Peters

Alexa Peters is a freelance writer who covers music, writing, travel, feminism, and self-help. Her work has appeared in the Washington Post, Paste, the Seattle Times, Seattle Magazine, and Amy Poehler's Smart Girls.

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Combining cannabis with psychedelic mushrooms: Recipe for mind expansion or a bad trip? - Leafly

Psilocybin & migraine: First of its kind trial reports promising results – New Atlas

A first-of-its-kind exploratory study, led by researchers from Yale School of Medicine, has found a single dose of the psychedelic psilocybin can reduce migraine frequency by 50 percent for a least two weeks. The preliminary trial was small, with follow-up work necessary to validate the results, but the promising findings suggest great potential for psychedelics to treat migraines and cluster headaches.

Back in the 1960s, during the height of the first wave of psychedelic science, one of the more compelling research avenues was the potential for drugs such as LSD and psilocybin to treat headaches. Initial studies at the time seemed to suggest psychedelic drugs that activate 5-hydroxytryptamine 2A (5-HT2A) receptors could significantly reduce headache burden in chronic migraine sufferers.

Of course, all this research froze by the early 1970s as psychedelic drugs were criminalized and rendered taboo. It wasnt really until the early years of the 21st century that the research restarted, and most modern psychedelic research has primarily focused on the drugs as adjuncts to psychotherapy, targeting conditions such as depression, addiction and PTSD.

Although official psychedelic investigations were in a state of deep freeze, out in the real world people continued to experiment with these drugs, self-treating for a number of conditions. Several surveys of these real-world applications revealed an abundance of cluster headache and migraine patients experimenting with LSD and psilocybin.

A new study, published in the journal Neurotherapeutics, is offering the first double-blind, placebo-controlled, cross-over study on the effects of a moderate psilocybin dose on migraine frequency and severity. The research is only preliminary and small but its results are deeply encouraging.

Ten migraine sufferers were recruited for the trial. Each subject completed two sessions, one with a placebo and one with a moderate psilocybin dose. Headache diaries were used to track headache frequency and severity in the two weeks leading up to, and following, each experimental session.

Compared to placebo, a single administration of psilocybin reduced migraine frequency by about half over the two weeks measured, explains corresponding author on the new study Emmanuelle Schindler, in an email to New Atlas. In addition, when migraine attacks did occur in those two weeks, pain intensity and functional impairment during attacks were reduced by approximately 30 percent each.

Perhaps the most intriguing finding from this small study was the lack of any correlation between the subjective strength of the psychedelic experience and the therapeutic effect. Prior trials using psilocybin to treat depression or addiction have suggested the overwhelming magnitude of a psychedelic experience seems to be fundamentally entwined with its therapeutic efficacy. So essentially, the more powerful the experience the better the result.

But unexpectedly, this migraine/psilocybin trial did not detect that association. In fact, those subjects reporting the highest scores on a self-reported altered state of consciousness scale showed some of the smaller reductions in migraine burden.

What this intriguingly suggests is that, in the case of psilocybin for migraine, it may be possible to separate out the drug's psychotropic effects from its therapeutic effects. This could be achieved either by exploring microdoses and sub-hallucinogenic doses, or even homing in on the mechanism by which the drug is helping prevent migraines and finding a new way to pharmacologically target it.

This is definitely a finding were interested in exploring further, says Schindler. If these outcomes are confirmed to be independent, it suggests that the migraine-suppressing effects do not involve the same systems that cause the acute changes in sensation and perception. Psilocybin has some chemical and pharmacological similarities to existing migraine medications that are not psychedelic, so we plan to investigate its therapeutic effect in this context.

It is important to understand the limitations of these new findings. This is a small exploratory study, designed to uncover potential signals that are worthy of more robust investigation. The two-week follow up, for example, offers no indication as to the long-term efficacy of this kind of therapy. This is something Schindler suggests will be closely studied in future research.

Moving forward, Schindler is cautious not to overstate her teams findings but she does say the results are exciting. Not only does this research offer signals psychedelic compounds could meaningfully help those suffering from debilitating migraines, but the study offers novel insights into the still-unexplained physiological causes of chronic headache disorders.

Lots of questions still need to be resolved before any kind of clinical treatment can come from this research but Schindler and colleagues are already working on the next steps, with longer follow-up periods and greater focus on different dose effects.

I have a new migraine study starting soon and Im also currently studying post-concussion headache, which often resembles migraine, adds Schindler. Im not aware of any other groups investigating psilocybin or related compounds in migraine, though cluster headache is currently being studied, not only by my group, but also Swiss and Danish researchers.

The new study was published in the journal Neurotherapeutics.

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Psilocybin & migraine: First of its kind trial reports promising results - New Atlas