The U.S. and Canadian dollars are continually competing in the global exchange market, and a similar rivalry is seen in the magic mushroom sector. With the increase in online mushroom dispensaries in Vancouver and other cities, one might question if they can keep up with the rapid growth of the psychedelic scene in the U.S. Let’s delve into this.
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Main Takeaways:
- Oregon became the first state to legally approve therapeutic use, supervised by licensed practitioners.
- In 2020, Canada’s Health Minister allowed four terminally ill cancer patients to use magic mushrooms for palliative care.
- Clairvoyant is a 24-week Phase 2 trial at the University of British Columbia, exploring psilocybin-assisted therapy for adults with alcohol abuse disorder.
The Rapid Growth of the Magic Mushroom Industry in the United States.
The magic mushroom industry in the U.S. has seen a rapid growth, rivaling only cannabis. This rapid rise suggests an increasing societal acceptance of its potential therapeutic uses.
A Focus on Mental Health
The potential of magic mushrooms to alleviate symptoms of mental illnesses such as depression, anxiety, and PTSD has sparked interest among health professionals. Encouraging study results have led private pharmaceutical companies to explore its medicinal uses.
This trend has not only sparked curiosity in its medical uses but has also significantly boosted the economy. Startups and research projects are focusing on the development of psilocybin.
Clinical evidence supporting the therapeutic use of magic mushrooms in treating specific illnesses continues to grow. NIDA Director Nora Volkow emphasized the growing evidence that psychedelics have a “significant potential” for medical treatments.
Legal Milestones
- Oregon Measure 109: In 2020, Oregon set a precedent by becoming the first state to legalize psilocybin for therapeutic use, with licensed practitioners supervising its administration. professionals who are licensed to deliver controlled doses. This notable ruling has paved the way for other states to adopt similar measures.
