In the global currency exchange, the U.S. and Canadian dollars are always in a fierce battle for dominance. This competitive spirit also resonates within the magic mushroom industry. With the proliferation of online psychedelic mushroom dispensaries in Vancouver and other cities, it’s worth exploring whether they can keep up with the rapid progress of America’s psychedelic sector.
[toc]
Main Takeaways:
- Oregon is the pioneer state to legalize therapeutic use, facilitated by licensed practitioners.
- In 2020, Canada’s Health Minister approved the use of magic mushrooms for palliative care in four terminally ill cancer patients.
- A 24-week Phase 2 trial called Clairvoyant is currently underway at the University of British Columbia to study 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 experienced rapid growth, posing a challenge to cannabis. This fast-paced development signifies an increasing societal acceptance of its potential therapeutic benefits.
A New Perspective on Mental Health
The potential of magic mushrooms to alleviate symptoms of mental health disorders like depression, anxiety, and PTSD has captivated health professionals. Encouraging results from studies have spurred private pharmaceutical companies to explore its medicinal properties.
This interest extends beyond healthcare applications and significantly contributes to the economy. Both startups and research projects are directing their efforts towards the development of psilocybin.
The amount of clinical evidence supporting the therapeutic use of magic mushrooms for certain ailments is growing. NIDA Director Nora Volkow has acknowledged the mounting evidence suggesting psychedelics have a “substantial potential” for medical treatments.
Legal Milestones
- Oregon Measure 109: In 2020, Oregon set a precedent by being the first state to legalize psilocybin for therapeutic use, administered by licensed professionals to administer controlled doses. This groundbreaking verdict has opened the door for other states to follow.
