Psilocybin

Cybin Corp., a Canadian life sciences company focused on psychedelics and mushroom-psilocybin research, announced a new partnership with the Toronto Centre for Psychedelic Science. With this partnership, the centers' co-founders, Rotem Petranker and Thomas Anderson will be appointed exclusive...

Denver, Colorado became the first city in the U.S. last spring to decriminalize mushrooms containing the psychedelic psilocybin, often called “magic mushrooms.” Oakland, California became the second city in the U.S. to do so in June, legalizing psilocybin and peyote. Santa Cruz,...

Mental health care company COMPASS Pathways said Monday it has received a U.S. patent for its method of treating drug-resistant depression using a psilocybin formulation. The patent includes the use of Compass' synthesized investigational psilocybin formulation COMP360 that...

The Green Market Summit, an event series by the cannabis financial news publication Green Market Report, is hosting a half-day event on the emerging trend of psychedelics, focusing on current and future investment opportunities: The Economics of Psychedelics Investing. The event will offer a...

Earlier this year, Canopy Growth (NYSE: CGC) co-founder and former CEO Bruce Linton invested in a neuropharmaceutical company, Mind Medicine Inc. MindMed is a psychedelic research company that’s developing non-hallucinogenic medicine from psychedelic sources. The company has also...

The mental health care company COMPASS Pathways reported Thursday that its its COMP350 (psilocybin) was well-tolerated by healthy volunteers who participated in a placebo-controlled trial at King’s College London. The active ingredient in magic mushrooms provoked no serious...

With a growing public acceptance of cannabis in society, there's a natural instinct to wonder about the possible health benefits and market potential of other still-illegal substances. “To me, all the psychedelic stuff, it's just prohibition 2.0,” Bruce Linton, cannabis...

By this time next year, magic mushrooms could be legal in California thanks to a partnership between the Beckley Foundation and Decriminalize California. Decriminalize California is a grassroots campaign workings towards psilocybin decriminalization in the state of California through a ballot...

The activist group Decriminalize California submitted ballot language and a $2,000 fee to the state attorney general’s office last month, taking an important step in its fight to decriminalize psilocybin mushrooms in California, Marijuana Moment reported Monday. The activists are aiming to...

A flurry of activity in recent months has propelled psilocybin and other psychedelic drugs into the headlines. The substances have been a topic of discussion on Capitol Hill, with Rep. Alexandria Ocasio-Cortez, a New York Democrat, at the forefront of the movement. Denver, Oakland Decriminalize On...

In an unprecedented move, Denver will become the first city in the U.S. to decriminalize psychedelic psilocybin mushrooms.  What Happened For the past month, people in Denver have been voting on the Initiative 301, which deprioritizes the imposition of criminal penalties on the personal...