Psychedelics Business and Law News:–
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AOC’s Psychedelic Legislation Defeated But Support Slowly Grows
Marijuana Moment reports The U.S. House of Representatives on Tuesday again defeated a spending bill amendment meant to promote research into the medical benefits of psychedelics like psilocybin and MDMA. But it picked up about 50 “yes” votes since it was last...
Canada – CBC Report: Health Canada dragging feet on approving magic mushrooms for therapeutic use, patients and advocates say
On Monday, lawyers paid by TheraPsil filed papers in a federal court, seeking to compel an answer from Health Minister Hajdu on the issue CBC report The previous exemptions — mostly granted last year, to about three dozen individuals and 19 therapists — usually came...
USA: Broker offering psychedelic medicinal cover
Rahn & Associates Inc. is offering insurance coverages for the psychedelic medicinal industry. The Boca Raton, Florida-based broker has developed a program for businesses offering wellness and nutraceutical products that use psychoactive ingredients such as...
Massachusetts Lawmakers Discuss Bill To Create Psychedelics Legalization Task Force At Hearing
Marijuana Moment reports Massachusetts lawmakers on Tuesday heard testimony about a bill to create a task force charged with studying the implications of legalizing psychedelics like psilocybin and ayahuasca. The legislature’s Joint Judiciary Committee met to discuss...
UK Comedian Jo Brand Admits On Stage At Latitude Festival That She’d Taken Magic Mushrooms Before Her Set
The Daily Mirror reports.. The comedian, 64, appeared on stage this past weekend at the UK's first full-capacity festival since the coronavirus pandemic started. She had drunk too much alcohol and 'drank' a lot of the class A drug. "I turned Love Island down," she...
Psychedelics Advocate/Attorney Launches New Venture Capital Firm
Via Forbes Co-founder and Managing Principal Dustin Robinson, a Florida-based cannabis and psychedelics attorney, is already an industry veteran. Through his nonprofit Mr. Psychedelic Law, which is focused on driving legal reform through medical research, Robinson and...
PsyIndex
PsyIndex Weekly Update July 5, 2021 – July 9, 2021
PsyIndex Weekly Update July 5, 2021 - July 9, 2021 The PsyIndex moved marginally lower last week, giving up some gains from the prior week. Meanwhile, investors continue to keep an eye on clinical results from many companies in the space. Market Performance Weekly...
PsyIndex Listing Alert: atai Life Sciences B.V.
atai Life Sciences B.V. began trading on the NASDAQ under the ticker symbol "ATAI" on June 18, 2021. atai Life Sciences B.V. is a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders. The company was founded in 2018 as...
PsyIndex Weekly Update – June 21, 2021 – June 25, 2021
PsyIndex Weekly Update June 21, 2021 - June 25, 2021 The PsyIndex extended its losses last week, although there were signs of a rebound toward the end of the week. With a combination of new public listings and favorable regulatory developments, the industry has a...
PsyIndex Weekly Update – June 7, 2021 – June 11, 2021
June 7, 2021 - June 11, 2021 The PsyIndex soared more than 15% last week as ATAI Life Sciences, a bellwether of the psychedelics industry, announced that it would look to raise up to $214 million, putting its value at up to $2.3 billion. Market Performance Weekly...
PsyIndex Weekly Update June 14, 2021 – June 18, 2021
PsyIndex Weekly Update June 14, 2021 - June 18, 2021 The PsyIndex gave up ground last week following the prior week's robust gains. ATAI Life Sciences N.V. (NASDAQ: ATAI) began the new week on a positive note with a nearly 3% gain by mid-session while the Horizons...
PsyIndex Weekly Update May 17, 2021 – May 24, 2021
The PsyIndex rebounded more than 6% last week. PharmaTher Holdings Inc. (CSE: PHRM) doubled in price after the FDA approved of its ketamine IND for the treatment of Parkinson's disease. Meanwhile, investors are closely watching Filament Ventures following its capital...
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