Robust Capital Flows Continue For Private Psychedelics Companies

Public psychedelics companies have radically scaled-back capital raising due to low share prices. But institutional investors are still pumping large amounts of cash into private players.

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

Cybin announces approval to enter its Phase IIa clinical study and defines the scope of the clinical trial.

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Over 80% of Canadians are showing symptoms of depression related to the COVID-19 pandemic, with over half of Canadians feeling “down, depressed or hopeless”.

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More than 80% of Americans report one or more symptoms of depression, and many have turned to substances to cope with negative emotions during COVID-19 Pandemic, according to Field Trip Health’s First Annual “State of Mind” Survey

Over 80% of Americans are exhibiting symptoms of depression related to the COVID-19 pandemic. Nearly 1 in 4 Americans have experienced suicidal or self-destructive thoughts.

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Decriminalizing Psychedelic Drugs in California: As State Senate Considers Bill, Debate Continues

A bill to decriminalize psychedelic drugs is currently being considered by the California Legislature.

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Politicians And Regulators Require Re-Education On Drugs

The Psychedelic Drug Revolution has begun. Standing in the way are politicians and regulators, saddled with archaic anti-drug phobias. They need to be educated.

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Mydecine reports a net loss of CAD$5.2 million for Q1 2021, with cash and cash equivalents of CAD$11.3 million at the end of the quarter.

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FDA Endorses Psychedelics ‘Guided Experience’ Model

The FDA has approved the use of MDMA by therapists — to better prepare them to administer MDMA-assisted psychotherapy.

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Turn On, Tune In, Feel Better: The Rise of Psychedelic Therapy in Texas

On the day it opened in early May, Field Trip Health’s therapeutic facility in Houston’s uptown neighborhood looked a little like a high-end strip-mall spa. Dressed in a floral shirt, Matt Emmer, the company’s director of operations and business development, showed me the clinic’s amenities.

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Some people with color blindness report improved color vision after psychedelic drug use

A new report published in Drug Science, Policy and Law suggests that psychedelic drugs may improve symptoms of color blindness.

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