While adult-use cannabis remains illegal and medical marijuana is still restricted, public sentiment continues to shift in a favorable direction for proponents of an expanded TX cannabis market. In addition to medical marijuana becoming more accessible and psychoactive cannabinoids like delta 8 THC being declared legal, more cities are pushing to decriminalize the possession of cannabis. While there do not …
An Update on Psilocybin’s Legal Status and the Risks of an Unregulated Market
Psilocybin legislation is gaining momentum across the country, particularly on the West Coast. With Washington’s Senate Bill 5660, Oregon’s Measure 109, and California’s Senate Bill 519, all of which are aimed at the medicinal use of psilocybin, there is promise that this compound will be administered alongside their cannabis counterparts. However, unlike cannabis, psilocybin legalization is not stemming from the need to halt a …
The Future of Psilocybin Part II
Similar to cannabis’ path to legalization, the process of legitimizing psilocybin will likely be a slow process with many legislative hurdles. In order to change current psilocybin laws, extensive scientific research and evidence showing the medical benefits will be necessary to remove negative connotations and shift public opinion. Efforts to reform psilocybin laws are growing throughout the United States and …
The Future of Psilocybin Part I
After years of strict prohibition, psilocybin therapy is finally gaining recognition for its medicinal benefits and use in the treatment of mental health. Though some areas have changed their laws regarding psilocybin research and access, the United States still has a long way to go before psilocybin is fully legitimized in the medical industry. The future of psilocybin will be …
2020: Psychedelic Reform in Review
This article was originally featured on the Psychedelic Passage blog. 2020 was a landmark year for psychedelic reform: one district, two cities, and an entire state passed legislation that decriminalized psychedelics in some way. And two cities that approved similar measures in 2019 have continued making further legislative progress in 2020. Though psychedelics are still federally illegal, these local initiatives …
Opportunities in the Texas Cannabis Market
While adult-use cannabis remains illegal in the state, the latest Legislative Session for Texas paved the way for an expansion of the state’s existing medical-use program. Like many previous Legislative Sessions, the majority of the bills in support of cannabis failed, such as Texas HB 441, HB 2593, and HB 3948. Unlike previous years, the 87th Legislative Session saw the passage of two …
The Impact of Micro-Dose Capsules on Commercial Psilocybin Operations
Unlike cannabis which can be legally purchased in many forms, including flower, oils, and edibles, the future of commercial psilocybin sales will likely rely heavily on a single form of consumption. Micro-dose capsules filled with dried psilocybin mushrooms have been shown to provide a variety of benefits to users and are growing in popularity. As the primary form of consumption, the demand …
Texas Cannabis Updates: 2021
While Texas has seen multiple cannabis bills fail in previous years, the 87th Legislative Session has a few notable bills that have been gaining traction. The proposed bills aim to expand the state’s medical cannabis program, reduce penalties for cannabis possession, and increase research into cannabis, hemp, psilocybin, and other potentially beneficial drugs. With the session’s end on May 31, many Texas …
Opportunities in the Psilocybin Industry
Psilocybin is a developing industry in the United States and around the world. While psilocybin remains illegal in most areas, recent years have seen its decriminalization, and in some areas legalization. Psilocybin is beginning to become popular in developed nations such as Canada and the U.S. and many are comparing the potential of the psilocybin industry to that of the …
Cannabis Results of 2020 Elections
Support for cannabis has been growing in recent years, and elections in 2020 saw substantial victories for the industry. Multiple states from across the country legalized recreational and medical cannabis. This could prompt even more states to legalize in the future. But cannabis is not the only drug with increasing support – psilocybin therapies and psychedelics are also growing in …
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