Industry & Related News.
Also see company press releases here.


Can Psychedelics Therapy Be Reimbursed? AMA Releases Details On Coding These Procedures

The American Medical Association (AMA) published language concerning the recently-approved Current Procedural Terminology (CPT) III codes applying to psychedelic-assisted therapies, as announced by its forwarders the MAPS Public Benefit Corporation and...

Congressional Psychedelics Caucus Chairs Applaud FDA For Releasing Research Guidance To Develop Novel Medicines

The bipartisan co-chairs of a congressional psychedelics caucus are touting the Food and Drug Administration’s (FDA) new draft guidance on researching substances like psilocybin and MDMA. Reps. Lou Correa (D-CA) and Jack Bergman (R-MI), who founded the...


Authentically expressing oneself is considered integral to personal fulfillment and wellbeing, and understanding the factors that contribute to this sense of authenticity is of great interest. Microdosing, the practice of ingesting minuscule doses of...

Bipartisan Congressional Lawmakers File Numerous Marijuana And Psychedelics Amendments To Must-Pass Defense Bill

Bipartisan congressional lawmakers are looking to use a must-pass defense bill as a vehicle to advance a number of drug policy reform proposals, including provisions to expand access to medical marijuana for military veterans, facilitate the rescheduling of...

Report: Canadian Cannabis Sales Grew 157% Over Last Two Years

Cannabis sales in Canada grew 157% from May 2020 to May 2023, according to a recent report by cannabis intelligence firm...

Australia is first nation to allow psychedelics for PTSD, depression

Starting July 1, Australia will allow doctors to prescribe MDMA and magic mushrooms to treat PTSD and depression. It’s a worldwide first that comes as research uncovers how psychedelic drugs have real potential for treating mental health...

RFK Jr. Pledges To Legalize Marijuana And Psychedelics, Using Revenue To Fund Farms Where People Recovering From Drug Addiction Can Grow Organic Food

Robert F. Kennedy Jr., a 2024 Democratic presidential candidate, says that he would legalize marijuana and psychedelics if elected to the White House—and he’d tax both substances, using revenue to create “healing centers” where people recovering from...

California Assembly Committee Approves Senate-Passed Psychedelics Legalization Bill

A California Assembly committee has approved a Senate-passed bill to legalize the possession and facilitated use of certain...

FDA discloses its first draft guidance on psychedelic trials

The US Food and Drug Administration (FDA) has released its first draft guidance on clinical trials investigating psychedelic drugs. The agency aims to provide fundamental considerations for researchers investigating potential psychedelic treatments for...