The global exchange market often sees the U.S. and Canadian dollars in a power struggle. A parallel scenario unfolds in the magic mushroom industry. The surge of online mushroom dispensaries in Vancouver and other cities is notable. However, the question remains: Can they keep up with America’s rapid psychedelic advancement? Let’s delve into this.
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Highlight:
- Oregon was the first state to authorize therapeutic use, allowing licensed professionals to administer it.
- In 2020, Canada’s Health Minister approved the use of magic mushrooms for palliative care in four terminally ill cancer patients.
- The University of British Columbia is conducting a 24-week Phase 2 trial, named Clairvoyant, that investigates psilocybin-assisted therapy for adults with alcohol abuse disorder.
The Rapid Growth of the U.S. Magic Mushroom Industry.
The U.S. has experienced a rapid growth in the magic mushroom industry, making it the only drug that competes with cannabis. This swift growth signifies the increasing societal recognition of its potential therapeutic uses.
Mental Health Potential
Medical professionals are keen on its potential to relieve symptoms of mental health conditions, including depression, anxiety, and PTSD. Encouraging results from studies have spurred private pharmaceutical companies to explore its medical uses.
This trend has not only sparked interest in health care applications but has also significantly boosted the economy. Both startups and research projects are focusing on the development of psilocybin.
There’s a growing body of clinical evidence supporting the use of magic mushrooms for certain medical conditions. Nora Volkow, the Director of NIDA, has underscored the burgeoning proof of psychedelics having “significant potential” in medical treatments.
Legal Milestones
- Oregon Measure 109: In 2020, Oregon marked a milestone by being the first state to legalize psilocybin for therapeutic use, administered by licensed professionals. licensed professionals to control the dosage. This groundbreaking decision has since served as an example for other states to emulate.
