Try psychedelics safely and legally at church: issue 47

Hello and welcome back.

[insert cheesy May the fourth joke here]

Now that that’s out of the way, let’s dive right in.

Here’s what’s in store for you in today’s issue:

🍄 How to have a safe solo trip

🍄 COMPASS Pathways’ latest findings

🍄 Canada’s largest psilocybin facility

🍄 Psilocybin churches in Oregon

🍄 And more.

Hear insights from industry experts on the Daily Mushroom Podcast

Listen now on YouTube, Spotify, or Apple

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Music as medicine

Numinus Wellness (NUMI) is launching a series of ceremonial concerts called Music As Medicine to explore the role that music plays in psychedelic therapy.

The events will feature meditative and ambient musicians such as Jon Hopkins, East Forest and Superposition, as well as multimedia art and immersive guided meditations.

The first event will be in LA on May 21 – learn more here.

How to have a safe solo trip

Psilo Psoirée is an online community that allows psychedelic explorers to connect before and after their journeys.

With a monthly membership, you’ll receive:

  • A super informative guide on how to have a safe solo trip
  • Access to monthly pre-journey “lift-off” and post-journey “landing” calls
  • Support on all things mushroom – from navigating a spiritual awakening to DIY mushroom cultivation
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COMPASS announces new psilocybin therapy findings

New studies suggest that COMPASS Pathways’ proprietary psilocybin has promise in treating some of the most challenging mental health conditions: severe treatment-resistant depression and anorexia nervosa.

After a single dose of psilocybin, 58.3% of patients with severe treatment-resistant depression (meaning they’d tried 5+ antidepressant treatments without success) had a reduction in depression scores for 12 weeks.

One quarter of patients no longer qualified for a depression diagnosis.

In the anorexia study, 30% of patients had significant reductions in symptoms at the 1-month follow up, increasing to 40% at the 3-month follow up.

 

Participate in psychedelic research

If you’ve been wanting to try psychedelic therapy legally, now’s your chance!

Johns Hopkins is recruiting participants for a number of psilocybin studies on:

Plus, Nova Mentis is recruiting both autisitc and neurotypical patients for an observational study that will lead to a psilocybin microdosing study.

If you want to contribute to psychedelic research from home, check out Johns Hopkins’ online surveys on psychedelics and breathwork for anxiety, depression, and PTSD.

Plus:

MindBio Therapeutics of Blackhawk Growth (BLR) completed the world’s largest trial on the safety of microdosing LSD. Results coming soon!

Tryp Therapeutics (TRYP) dosed the first patient in a psilocybin trial for binge eating.

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Field Trip Health (FTRP) is separating into two independent public companies. Its drug discovery division will become Reunion Neuroscience Inc. and its client care division will be renamed Field Trip Health and Wellness Ltd. The separation allows each company to establish distinct capital structures and management teams that are suited to their unique strategies.

 

Optimi Health (OPTI) opened the largest psilocybin cultivation facility in Canada and received approval to increase its production limit to 5000kg of dried psilocybin mushrooms. An in-person and virtual tour will be showcased on May 27.

Awakn Life Sciences (AWKN) reported Q4 financial results including $204,300 in revenue, up 544% quarter over quarter.

Wesana Health (WESA) announced Q4 financial results including $6.6M in cash. The company is opening its third clinic this month in Illinois.

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Psilocybin churches in Oregon?

Attorney Jon Dennis submitted a proposal to Oregon’s advisory board that would allow spiritual and religious groups to become licensed as psilocybin service centers and hold group ceremonies.

Ballot measures proposed in WA

A ballot measure was proposed in Washington state to decriminalize all drugs and direct $141M of funding per year toward substance use treatment and prevention.

A separate ballot measure to legalize psilocybin services was also proposed recently. 

The measures will be added to the November ballot if enough signatures are gathered!

 

You’re all caught up! See you next Wednesday 👋

Follow our Instagram @dailymushroom.co for more trippy inspiration and fun graphics like these ones!

Canadian Government supports psychedelic research!❤️🍄: issue 46

Hello and welcome back.

The weather is getting warmer and you know what that means… time to stock up on some Daily Mushroom dad hats and t-shirts 😉

If you tried to buy Daily Mushroom merch last week, you probably noticed that the checkout wasn’t working. Thankfully, the issue has now been resolved! 

Here’s what’s in store for you in today’s issue:

🍄 30 years of depression vs. two shroom trips 

🍄 The mushroom dispensary that wants to make bad trips obsolete

🍄 Toad venom improves life satisfaction 🐸

🍄 Psychedelic startup makes a deal with Big Pharma

🍄 And more.

Hear insights from industry experts on the Daily Mushroom Podcast

Listen now on YouTube, Spotify, or Apple

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   “I felt joy like I’ve never experienced”

Steve struggled with depression for 30 years. Traditional antidepressants numbed both his highs and lows, leaving him feeling like a “functional zombie”.

Things finally changed when he volunteered for a psilocybin trial at Imperial College London.  

“With the first dose, I felt joy like I’ve never experienced – and more like myself than I’ve ever felt… It took from not knowing myself at all to having a sense of what my place was in the greater scheme of things,” he said.

The second dose was much more challenging, but “therapeutically more useful,” as it forced him to deal with suppressed emotions.

“The drug gives us part of a healing process. It exposes you to different possibilities – another way of being,” Steve explains.

Magic mushroom dispensaries in Canada’s capital 🍁

The Golden Teacher is a “grey-area research facility” and mushroom dispensary in Ottawa that wants to make bad trips obsolete.

Owner Jordan Armstrong aims to understand how magic mushrooms affect individuals differently by surveying each customer. The goal is gather data to regulate the fungi properly.

Ottawa’s second mushroom dispensary, Shroomyz, will be opening on May 1st!

Shroomyz is located on Preston Street and The Golden Teacher is on the corner of Rideau and Dalhousie Streets.

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Unsatisfied with life?

A Maastricht University study found that a single dose of 5-MeO-DMT (the psychedelic found in toad venom and several plants) improved subjects’ scores for life satisfaction, depression, anxiety, and mindfulness. 

The changes were seen 1 day after the dose and persisted for 4 weeks.

Higher levels of ego dissolution were linked with greater improvements in scores (so, the more intense the trip, the more beneficial).

A separate survey found that ~80% of people with depression or anxiety reported improvements in symptoms following a dose of 5-MeO-DMT.

Some companies that are researching 5-MeO-DMT include GH Research (GHRS), Biomind Labs (BMND), and Mindset Pharma (MSET).

 

Attention psychedelic researchers 🚨

Here’s two new opportunities to get your research funded:

  1. COMPASS Pathways (CMPS) is sponsoring three One Mind Rising Star Awards – a $300,000 research grant for mental health researchers.
  2. The Canadian Institutes of Health Research (CIHR) is launching a $3M grant program to support psilocybin clinical trials on:
    • Substance use disorders
    • Major depressive disorder or treatment resistant depression
    • End-of-life distress in late-stage cancer patients

Biomind begins DMT trial

Biomind Labs (BMND) dosed the first subject in a Phase I trial /IIa clinical trial on DMT for treatment-resistant depression.

Over the next 4 months, 30 healthy patients who have never done psychedelics will receive 2 doses of inhalable DMT. Researchers will assess the safety of the drug, as well as behavioral and brain effects before continuing with Phase II.

Can you imagine trying DMT as your first psychedelic?

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Terran Biosciences, a private psychedelic startup, announced a licensing deal with the French Big Pharma company Sanofi (SNY). Terran will license two of Sanofi’s pipeline assets that target central nervous system (CNS) disorders. The assets have generated more than 100 clinical studies involving 15,000 subjects on a variety of CNS disorders.

 

Nirvana Life Sciences (NIRV), a recently listed company focused on opioid addiction and chronic pain, received its first batch of psilocybin and psilocin for R&D projects

Medicinal Genomics Corp. launched Psilocydia, a public database containing genetic information of 80+ strains of psilocybin mushrooms. Psilocydia will help cultivators discover genetic traits, select genes of interest, and distinguish beneficial mushrooms from poisonous ones. 

PharmaTher (PHRM) announced Q3 financial results including C$10.1M in cash. The company is focused on treating rare disorders with ketamine and creating novel methods of administering psychedelics.

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House kills Maine psilocybin bill

The House rejected a Senate-passed measure that would have created a medical psilocybin program in Maine. 

“The bill will certainly be back next session, or, if the legislature continues to refuse to act, perhaps in a peoples’ referendum,” says Senator Donna Bailey.

 

You’re all caught up! See you next Wednesday 👋

Follow our Instagram @dailymushroom.co for more trippy inspiration and fun graphics like these ones!

How YOU can make a difference in the psychedelic revolution 🚲: issue 45

Hello and welcome back.

We hope you all had a wonderful Bicycle Day yesterday 🚲

For those who aren’t familiar, April 19, 1943 marks the world’s first acid trip. Albert Hofmann, the chemist who created LSD, dosed himself with the drug to test its effects before riding his bicycle home from the lab.

The day has since become an unofficial holiday for psychonauts. Be sure to check out the Video of the Week to learn more.

Here’s what’s in store for you in today’s issue:

🍄 Microdosing concert for group healing

🍄 Why GoDaddy billionaire is pushing for psychedelic therapy

🍄 A cure for acid flashbacks

🍄 How you can make a difference in the psychedelic revolution

🍄 And more.

Be sure to check out this week’s Daily Mushroom podcast:

A doctor’s view on group therapy & microdosing

In this episode of the Daily Mushroom podcast, we have Dr. Pam Kryskow, a psychedelic researcher, medical doctor, and the medical lead for ketamine-assisted therapy for the Roots to Thrive program. Pam shares the benefits of psychedelic therapy in group settings and how her hiking “trips” helped her cope with daily trauma experienced in her previous job as a firefighter.

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Microdosing concert for group healing

On Saturday, Red Light Holland (TRIP) sponsored a first-of-its-kind microdosing concert to determine best practices for group microdosing services.

Participants attended a preparation session and received a customized dose of psilocybin from a therapist.

They spent the next three hours laying on the ground listening to a live classical music concert before attending an optional integration session.

“Both music and community have healing and connective qualities and we are excited to test the potential benefits of combining microdosing psilocybin truffles in this ground-breaking setting,” says one of the event organizers

Data from the event will be used to guide microdosing regulations Oregon and Washington.

 

“It’s been 50 years since the war and I finally came home”

Bob Parsons, founder of GoDaddy, suffered from PTSD after witnessing “grisly combat” in the Vietnam War. 

It wasn’t until he went through a multiday therapy treatment with psilocybin, ayahuasca, and LSD that he began to feel like his old self again. 

“What I think psychedelics did was a reset. Now, I’m like people who haven’t been in combat to a certain degree,” he believes. 

Bob is on a mission to help other veterans battling PTSD. He donated $5M to Mount Sinai’s psychedelic research center to fund MDMA therapy training for healthcare practitioners. 

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A cure for acid flashbacks

Ehave Inc. (EHVVF) and University of Melbourne are launching a series of studies to better understand a condition called hallucinogen-persisting perception disorder (HPPD). Basically, HPPD is when someone continues to experience visual hallucinations after a trip.

Researchers will conduct genetic analysis and visual processing tests to see if individuals can be genetically predisposed to HPPD. 

Ehave’s goal is to find a cure for the disorder and become an “industry leader in preventing negative side effects during treatment for mental health issues.”

Microdosing for stroke recovery

Ninnion Therapeutics, a private Texas-based company, hopes microdosing will help patients recover from strokes.

Ischemic strokes block blood flow to the brain, causing brain cells to die. 

Microdosing in combination with occupational therapy may be able to strengthen the remaining brain cells to restore lost functions.

The company recently filed a patent application for the treatment. Since there are no approved drugs for stroke recovery, the formulation may qualify for a Breakthrough Therapy designation, which would speed up the development timeline. 

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Irwin Naturals (IWIN), a major supplement company established in 1994, is acquiring a chain of ketamine clinics in Florida and Mexico, becoming the “world’s first household name to enter the psychedelic mental health treatment sector.” This acquisition is part of a plan to create the world’s largest chain of psychedelic clinics.

Filament Health (FH) granted Psyence Group (PSYG) an exclusive license to use its natural psilocybin formulation in an upcoming palliative care trial in the UK. Filament recently received a patent for its technology for extracting and standardizing natural psilocybin.

NUE Life raised $23M in equity financing to support the expansion of its innovative at-home ketamine services into more than 20 new states this year. 

Wesana Health (WESA) may expand the indication of its psilocybin formulation after meeting with the FDA. In addition to treating anxiety related to traumatic brain injury, it could also target depression. A $3M private placement will fund phase Ib/IIa depression study next year.

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Help legalize medical psilocybin

By denying Canadians access to psilocybin, the government is infringing on patients’ rights. According to TheraPsil, the decision to use psilocybin medically should be made between doctor and patient with no requirement for government approval (just like medical cannabis).

If you believe that access to psilocybin for medical purposes is a right, please help TheraPsil prove this in court by donating to their fundraiser.

Join a protest against the DEA

David Bronner of Dr. Bronner’s Magic Soap is organizing a protest to demand that terminally ill patients get the right to try psilocybin.

Activists will come together outside the DEA headquarters on May 9.

Learn how you can join here. Travel stipends are available 😉

Plus:

  • Activists in Massachusetts are pushing for decriminalization of all illicit drugs (with a focus on psychedelics) in the city of Worceter and at the state level. 
  • Hawaii House committee approved a resolution to form a working group to study the therapeutic benefits of psilocybin.
  • The Colorado House passed a bill to allow the prescription of MDMA if and when the federal government legalizes its use.

You’re all caught up! See you next Wednesday 👋

Follow our Instagram @dailymushroom.co for more trippy inspiration and fun graphics like these ones!

Could this be the real reason why psilocybin is better than antidepressants?: issue 44

Hello and welcome back.

It’s becoming quite likely that the psychedelics sector will mirror the cannabis sector.

First, we saw the drop in valuation, and now we’re seeing a rise in acquisitions as companies consolidate into a few big players. 

Follow along to see which companies make it out on top!

Here’s what’s in store for you in today’s issue:

🍄 Brain imaging study reveals how psilocybin eases depression

🍄 30% less opioid use

🍄 Numinus acquires Novamind

🍄 And more

Be sure to check out this week’s Daily Mushroom podcast:

A doctor’s view on group psychedelic therapy & microdosing

In this episode of the Daily Mushroom podcast, we have Dr. Pam Kryskow, a psychedelic researcher, medical doctor, and the medical lead for ketamine-assisted therapy for the Roots to Thrive program. Pam shares the benefits of psychedelic therapy in group settings and how her hiking “trips” helped her cope with daily trauma experienced in her previous job as a firefighter.

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MDMA Treatment Helped Save My Life

“I am a completely different person then versus now. My PTSD will always live inside of me, but it’s no longer taking over my life,” says Sarah, one of the participants in MAPS’ MDMA trial.

Sarah endured a traumatic sexual assault that gave her painful flashbacks. 

Over three MDMA therapy sessions, she was able to go back to the experience and fill in the gaps in her memory to fully process what had happened in a safe environment. In the final session, she confronted her attacker and was able to find forgiveness for them. 

“I felt like I was given freedom from the trauma,” she explains.

 

If you’re in need of a transformative getaway, look no further

Retreat Guru has the world’s largest selection of wellness retreats, many of which include guided psychedelic journeys and healing ceremonies.

Whether you want to take magic mushrooms in a serene forest in the Netherlands or join an ayahuasca ceremony on the beach in Costa Rica, you’re bound to find your ideal experience.

Explore retreats across the globe here.

 

 
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Brain imaging study reveals how psilocybin eases depression

“For the first time we find that psilocybin works differently from conventional antidepressants — making the brain more flexible and fluid, and less entrenched in the negative thinking patterns associated with depression,” says Imperial College London researcher David Nutt.

A new brain imaging study found that psilocybin increases brain network integration, whereas a common antidepressant, escitalopram, had no impact on brain network organization. 

fMRI scans showed that psilocybin reduces activity in the default mode network (DMN), a region associated with introspection that’s often overactive in patients with depression, causing negative fixations about one’s self and the future. 

The DMN became more connected with other regions like the salience network and the executive network, which are often impaired in patients with depression (as well as autism and OCD).

Essentially, this helps “open up” the brain, breaking rigid and restrictive patterns.

These findings may explain why psilocybin outperformed escitalopram in treating depression.

30% less opioid use

A recent survey of 200,000+ people found that those who have used psilocybin at least once are 30% less likely to have opioid use disorder.

However, LSD, mescaline, and peyote use did not seem to have an impact on opioid use.

Addiction is linked with abnormal serotonin neurotransmission. Since psilocybin targets the serotonin system, it may help protect against opioid addiction.

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Numinus Wellness (NUMI) is acquiring Novamind (NM) for C$26.2M or $0.44 per share, a 51% premium on Novamind’s 20-day average. The combined company will run 13 wellness clinics and 4 psychedelic research sites focused on depression, anxiety, PTSD, and addiction.

Cybin (CYBN) found that its formulation of inhalable DMT has 41% improved bioavailability compared with regular inhaled DMT and lasts 3x longer than IV DMT, extending the therapeutic window.

Delic Corp. (DELC) received a Section 56 Exemption to research MDMA, LSD, DMT, mescaline and 2C-B and acquire 60 grams of psilocybin mushrooms from from Nectar Health Sciencess.

Red Light Holland (TRIP) is purchasing 100 acres of farmland for $1.85M to expand its mushroom cultivation operations. 65,000 square feet of production facilities will be built this summer.

NeonMind (NEON) announced a plan to open 10 clinics over 3 years with “very little upfront costs” by leveraging SRx Health Solutions’ and BioScript’s network of clinics.

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Free psychedelic therapy in Maryland

Both the Senate and the House of Delegates approved a Maryland bill that would provide veterans with free psilocybin, MDMA, and ketamine treatments for PTSD or traumatic brain injury. 

If approved by the governor, the state would devote $1M per year to funding the treatments.

Oklahoma Senate committee approves psilocybin research bill

The bill, which was unanimously passed by the House, would allow institutions to research psilocybin for 10 different conditions. Decriminalization elements were removed from the legislation.

Follow our Instagram @dailymushroom.co for more trippy inspiration and fun graphics like these ones!

Here’s a benefit of shrooms you’ve never heard: issue 43

Hello and welcome back.

Starting next week, we’ll be sending our newsletter on Wednesdays instead of Fridays.

Hopefully some fun facts about drugs will help you get through the week!

Here’s what’s in store for you in today’s issue:

🍄 Your chance to meet Paul Stamets

🍄 How psilocybin could make industrial farming less cruel 🐄

🍄 The intense psychedelic that could help new moms

🍄 Health Canada approves psilocybin SAP request for first time 🎉

🍄 And more.

Be sure to check out this week’s Daily Mushroom podcast:

A doctor’s view on group psychedelic therapy & microdosing

In this episode of the Daily Mushroom podcast, we have Dr. Pam Kryskow, a psychedelic researcher, medical doctor, and the medical lead for ketamine-assisted therapy for the Roots to Thrive program. Pam shares the benefits of psychedelic therapy in group settings and how her hiking “trips” helped her cope with daily trauma experienced in her previous job as a firefighter.

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New mushroom species + psilocybin for cows 🐄

We’d love to hear what PETA thinks of this idea…

Alistair McTaggart, a University of Queensland researcher, discovered what he believes is a new species of psychedelic mushroom in one of Australia’s biggest national parks.

When interviewed on the finding, he brought attention to an “under-explored” use of psilocybin: animal welfare. 

“Psilocybin has use in [treating] anxiety in humans, we don’t understand the effects of psilocybin on animals very well, but I think of slaughterhouses and what this could mean for the meat [processing] industry,” McTaggart explains. 

Who knows, maybe we’ll start seeing beef advertised as “shroom-fed” 🤷‍♀️

MAPS celebrates bday with 30,000 doses of MDMA

MAPS developed the first validated method of synthesizing MDMA on an industrial scale while meeting Good Manufacturing Practices. And better yet, they are placing the process in the public domain to promote scientific advances and patient access. 

The 4-step process produces up to 5 kg of MDMA (or roughly 30,000 doses) with 99.9% purity.

With MDMA expected to be FDA-approved next year, this advancement comes at the perfect time to meet the growing demand for the drug 👏

Today is MAPS’ 36th birthday 🥳 See all that the org has accomplished here.

Here’s something to ponder on your next trip…

A new Johns Hopkins study found that mystical psychedelic experiences are linked to changes in peoples’ beliefs about consciousness. 

After a single psychedelic experience, people were much more likely to attribute consciousness to animals, insects, fungi, plants, and even inanimate objects. However, psychedelics had no effect on beliefs about free will or superstition.

What do you think — do mushrooms have consciousness?

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The most intense psychedelic could be perfect for new moms!

Field Trip Health (FTRP) was granted a US patent for its formulation of 4-HO-DiPT (aka Isoprocin Glutarate), an extremely intense psychedelic lasting 2-3 hours. 

Field Trip will begin a Phase I safety trial within 3 months with hopes that it will lead to Phase II trials on treatment-resistant depression and postpartum depression.

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Beckley Psytech is running Phase I trials to compare two forms of 5-MeO-DMT: a dry powder nasal spray and a liquid nasal spray. The findings will determine which formulation will be used in an upcoming Phase II trial for treatment resistant depression.

Blackhawk Growth (BLR) entered into an agreement to acquire Blum Distributors, a mushroom supplier and cultivator, to reduce intermediaries in its supply chain.

Homecoming, a patient care platform that partners with psychedelic clinics, therapists, and retreats to support clients’ healing journeys, closed a $4M seed funding round.

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Health Canada approves psilocybin SAP request for first time 🎉

Six patients with end-of-life distress received approval for psilocybin therapy through the Special Access Program (SAP), marking the first successful request since the program was amended in January.

The patients attended a group therapy workshop with Roots to Thrive using synthetic psilocybin that was generously donated by Psygen Labs and Apex Labs 🧡

Among the six patients was Thomas Hartle, the first Canadian to receive a Section 56 exemption, allowing him to access psilocybin again, as the exemption expired after one year.

Learn how psilocybin has helped him in his battle with cancer on the Daily Mushroom Podcast – his story is so inspiring!

 

 

Mushrooms❌ assisted suicide ✅

In some not-so-inspirational news, Canada will soon allow medical assistance in dying (MAID) for people with severe depression, bipolar disorder, personality disorders, schizophrenia, PTSD, or any other mental health condition that is deemed impossible to cure.

Maybe if psychedelic therapy was more accessible, patients wouldn’t have to resort to assisted suicide. Help us change this 👇

 

Follow our Instagram @dailymushroom.co for more trippy inspiration and fun graphics like these ones!

Study finds that people who read psychedelic newsletters are cooler and more successful than their friends: issue 42

Hello and welcome back.

Unfortunately, this will be the last issue of the Daily Mushroom Newsletter 💔

APRIL FOOLS! (Sorry, we had to.)

But in all seriousness, if you enjoy our content, please consider sharing this email with a friend or leaving us a podcast review. Or both 😉

Any support is greatly appreciated and helps us continue bringing you psychedelic news!

Here’s what’s in store for you in today’s issue:

🍄 Ketamine heals teen depression

🍄 MDMA for PTSD + eating disorders

🍄 Ibogaine prevents alcohol relapse

🍄 2021 financial results from 5 major companies 👀

🍄 And more.

Be sure to check out this week’s Daily Mushroom podcast:

A doctor’s view on group psychedelic therapy & microdosing

In this episode of the Daily Mushroom podcast, we have Dr. Pam Kryskow, a psychedelic researcher, medical doctor, and the medical lead for ketamine-assisted therapy for the Roots to Thrive program. Pam shares the benefits of psychedelic therapy in group settings and how her hiking “trips” helped her cope with daily trauma experienced in her previous job as a firefighter.

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Ketamine found to be safe and effective for teen depression

One in four young adults contemplated suicide last year.

Clearly, something needs to change. Could ketamine be the solution?

A study last month found that ketamine was well-tolerated in adolescents aged 13-17 and significantly reduced their depression symptoms.

76% of participants had at least a 50% reduction in depression scores within 3 days of receiving a ketamine infusion, compared to 35% of the placebo group.

The teens had tried between 1 and 7 antidepressants without success prior to the treatment. They all remained on their medications during the trial (SSRIs, non-SSRI antidepressants, mood stabilizers, or lithium) with no serious adverse side effects.

Predict which psychedelics are right for you

Ketamine therapy for depression seems promising, but how do you know if it’s right for you?

About 30% of people have a genetic variant that impairs the secretion of BDNF, a protein that promotes the growth of neurons.

Since ketamine works by increasing the release of BDNF, people with this gene variant may have a decreased response to the antidepressant effects of ketamine therapy. (Maybe this explains why 24% of teens didn’t see a significant reduction in depression scores 🤔)

HaluGen just expanded its Psychedelics Genetic Test Kit to test for the gene variant! It also tells you how sensitive you’re to classical psychedelics and if you are at risk for schizophrenia, bipolar disorder, or psychosis.

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MDMA treats PTSD + eating disorders simultaneously

Patients with PTSD often have eating disorders too. MDMA is known to improve self acceptance and emotional processing, so it may be the perfect treatment for both!

In MAPS’ Phase 3 trial on MDMA for PTSD, 42%* of patients scored in the “clinical” or “at-risk” range on an eating disorder scale prior to the treatment.

MDMA therapy was found to significantly reduce eating disorder symptoms in comparison to a placebo.

MAPS is commencing a multi-site Phase 2 trial this May to further examine MDMA therapy on both anorexia and binge eating.

*Patients with active purging were excluded as a precaution to avoid cardiac arrhythmias.

Psychedelic block the rewarding effects of alcohol

A common model of addiction involves conditioning rats to associate a drug with a certain area. The amount of time the rat spends in that area indicates how addictive the stimuli is.

In a recent study, rats showed a preference to the area associated with ethanol (alcohol) over the placebo area, which was expected since alcohol is addictive. 

After a dose of ibogaine, they no longer expressed a preference for alcohol.

Additionally, rats showed no preference between an area associated with ibogaine and the placebo area, suggesting that ibogaine is non-addictive.

“We found that ibogaine did not have rewarding effects itself, but it did block the expression of ethanol reward in a model that can commonly be referred to as a pre-clinical model of relapse,” explains the study author, Lais F. Berro.

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These companies announced their 2021 financial results:

MindMed (MNMD) reported a $92.3M net loss and $133.5M in cash. This year, MindMed will commence trials on LSD for anxiety and chronic pain, ibogaine for opioid withdrawals, and a comparative study of two forms of MDMA. 

atai Life Sciences (ATAI) reported a $167.8M net loss and a $362.3M cash position. atai is preparing for several clinical trials this year for treatment resistant depression, PTSD, opioid addiction, anxiety, and Cognitive Impairment Associated with Schizophrenia (CIAS).

Mydecine (MYCO) reported a $28.9M net loss and a $1.5M cash balance. The company is working to earn a Breakthrough Designation for psilocybin for smoking cessation through a 5-year research agreement with Johns Hopkins University.

GH Research (GHRS) reported a $9.2M net loss and a $276.8M cash balance. Researchers are submitting clinical trial applications in several European countries to study 5-MeO-DMT for treatment-resistant depression, bipolar II disorder, and postpartum depression.

Enveric Biosciences (ENVB) reported $48.8M net loss and $17.4M in cash. The company just filed a patent application that could cover 100+ novel individual molecules and 10,000+ possible drug development candidates if the broadest claims are allowed.

Plus:

Novamind’s (NM) strategic partner, Bienstar Wellness, is acquiring an ibogaine treatment center for substance abuse in Sao Paolo, Brazil, which is led by a MAPS-trained therapist and medical doctor. The companies plan to develop Latin America’s first network of psychedelic clinics.

Albert Labs (ABRT) filed a patent application for a cultivation process that increases the mycelium volume of Psilocybe mushrooms and other fungi species. 

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Illinois decriminalization bill

A bill was introduced in Illinois that would decriminalize natural psychedelics and establish an advisory board to make recommendations on how to implement psilocybin services.

Follow our Instagram @dailymushroom.co for more trippy inspiration and fun graphics like this one!

Sustainable Psychedelics✨: issue 41

Hello and welcome back.

It’s officially spring – the season of growth and renewal 🌸 It’s the perfect time for self-reflection and intention setting. As you take on some spring cleaning, remember to take some time to declutter your mind too 😌

Here’s what’s in store for you in today’s issue:

🍄 Why the UK is becoming a psychedelic hotspot

🍄 Growing peyote sustainably

🍄 Natural vs. synthetic psilocybin

🍄 Ketamine + Parkinson’s meds

🍄 And more.

Be sure to check out this week’s Daily Mushroom podcast:

A doctor’s view on group psychedelic therapy & microdosing

In this episode of the Daily Mushroom podcast, we have Dr. Pam Kryskow, a psychedelic researcher, medical doctor, and the medical lead for ketamine-assisted therapy for the Roots to Thrive program. Pam shares the benefits of psychedelic therapy in group settings and how her hiking “trips” helped her cope with daily trauma experienced in her previous job as a firefighter.

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Why the UK is becoming a psychedelic hotspot

The UK is on a mission to create a world-leading clinical research ecosystem that’s more efficient and effective than ever before – and many psychedelic companies are taking advantage of the regulatory changes.

To reach this goal, the UK’s Medicines and Healthcare products Regulatory Agency (MHRA) now allows “real world data” (data collected from patients and healthcare systems outside of clinical trials) to aid in the drug approval process

This may bring psychedelic therapies to market much faster not only in the UK, but also in Australia, Canada, Singapore and Switzerland, as the MHRA joined a coalition with these countries called the Access Consortium.

Additionally, the UK may reschedule psilocybin to Schedule 2, reducing barriers to clinical research.

Just yesterday, COMPASS Pathways (CMPS) announced a strategic partnership to launch a major psychedelic research center in the UK.

Other companies to keep an eye on that may benefit from these changes include Albert Labs (ABRT), Awakn Life Sciences (AWKN), Small Pharma (DMT), Beckley Psytech, Eleusis.

Peyote, but ✨sustainable✨

Peyote has the longest documented use of any psychedelic, yet we don’t see many companies researching its properties.

That’s because the psychedelic cactus is endangered – the 13-year growth cycle can’t keep up with the rate of harvesting.

Lophos Pharmaceuticals is developing a sustainable cultivation technique that could reduce the long growth cycle to just 3 years, preserving the species and accelerating research.

The CEO of Lophos says that peyote could help treat obesity, addiction, anxiety, and depression, with a strong potential for microdosing. 

 

Peyote is a cactus containing the psychedelic compound mescaline. It’s been used in Indigenous healing ceremonies for centuries.

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Is psilocybin the only beneficial compound in magic mushrooms?

If synthetic psilocybin is cheaper to produce, why are many psychedelic companies sticking with the natural route?

Some believe that consumers would rather take a naturally grown mushroom than something formulated in a lab. 

Other researchers, like those at Filament Health (FH), think the other unknown compounds in the mushroom could provide additional benefits that complement psilocybin. 

This theory, called “the entourage effect”, is popular in the cannabis industry too.

Filament Health is committed to all-natural psilocybin and has developed a way to produce it at a low cost. They just received a second patent for the extraction and standardization of natural psilocybin.

Ketamine + Parkinson’s meds

The most common Parkinson’s medication, Levodopa, causes involuntary muscle movements in most patients who take it long-term.

PharmaTher (PHRM) found that a low dose of ketamine reduces these muscle spams in 100% of Parkinson’s patients — but it’s unclear by how much or for how long 🤔

However, a separate study from 2016 found that low doses of ketamine reduced this side effect for up to one month and also eased depression.

PharmaTher is confident that the results will pave the way for a Phase 3 trial. 

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Kernel is recruiting participants for a study that will examine brain activity on a low dose of ketamine, which is sponsored by Cybin (CYBN)Learn how you can participate here.

Mind Cure Health (MCUR) and Core One Labs (COOL) appear to be running out of money as they look for strategic takeover opportunities 😬

Biomind Labs (BMND) is launching a commercial clinical trial on its proprietary mescaline-based formulation. The drug targets inflammation, which the company believes is the root cause of many forms of depression.

Novamind (NM) is piloting a group therapy model for psychedelic sessions and integration sessions in groups of 4-10 people. Both drop-in sessions and multi-week programs will be offered.

Tryp Therapeutics (TRYP) began enrolling patients for a Phase 2 trial on psilocybin for binge eating. The company is using non-proprietary synthetic psilocybin to generate data quickly while developing a proprietary formulation

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Third Michigan city decriminalizes psychedelics 🎉

Hazel Park became the third city in Michigan to decriminalize a range of psychedelics, following Ann Arbor and Detroit. 

Activists continue to push for statewide ballot initiative to legalize the possession, cultivation, and sharing of natural psychedelics and set up a system for therapeutic use.

Connecticut psilocybin + MDMA bill advances

A bill that would create psychedelic treatment centers for psilocybin and MDMA therapy was approved by a legislative committee, advancing to floor consideration.

Treatments would be focused on veterans, first responders, healthcare workers, and those from underserved communities with life-threatening mental illness.

Follow our Instagram @dailymushroom.co for more trippy inspiration and fun graphics like this one!

Microdosing for anxiety + psychedelic nature therapy: issue 40

Hello and welcome back.

We’re hoping your St. Patty’s Day hangover has subsided by now. If you’re taking it easy tonight and need some entertainment, check out the latest Daily Mushroom Podcast. Or catchup on previous episodes to hear peoples’ wild (yet life-changing) experiences on psilocybinayahuasca, and DMT.

Here’s what’s in store for you in today’s issue:

🍄 Psychedelic therapy + nature

🍄 Microdosing reverses the effects of stress on the brain

🍄 Treating pain and mental health simultaneously

🍄 And more.

Be sure to check out this week’s Daily Mushroom podcast:

A doctor’s view on group psychedelic therapy

In this episode of the Daily Mushroom podcast, we have Dr. Pam Kryskow, a psychedelic researcher, medical doctor, and the medical lead for ketamine-assisted therapy for the Roots to Thrive program. Pam shares the benefits of psychedelic therapy in group settings and how her hiking “trips” helped her cope with daily trauma experienced in her previous job as a firefighter.

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The shift toward nature-based psychedelic therapy 🌲

Experts from Imperial College London predict that combining psychedelics and contact with nature could have a beneficial synergy, as both are known to decrease rumination, increase mindfulness, and elicit feelings of awe and transcendence.

Combining the two could also restore the disconnect and fear of nature that more and more people are feeling as technology takes over.

In their review, the researchers note that it may be beneficial to incorporate natural elements into treatment rooms and include contact with nature in the therapy sessions leading up to and following the psychedelic session.

While a fully outdoor session has drawbacks, the researchers explain that a hybrid indoor/outdoor structure with large skylights and windows and nature-based design elements would be the ideal setting for psychedelic therapy.

Organizations like Usona Institute and Synthesis Institute are already working to incorporate nature into treatment programs – let’s hope this trend continue!

A push for equity + global psilocybin reform

Major non-profit Global Wellness Institute just launched a Psychedelics & Healing Initiative with the goal of establishing evidence-based best practices, equity, and accessibility within the psychedelics industry.

The initiative brings together physicians, business innovators, research scientists, impact investors, and policy makers, including high-profile members like Rick Doblin, founder of MAPS.

The group will also advocate for the International Therapeutic Psilocybin Rescheduling Initiative, a recent movement to suspend psilocybin’s Schedule I status through the United Nations to remove research barriers across the globe.

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Microdosing reverses the effects of stress on the brain

study published yesterday suggests that microdosing LSD reduces stress-induced anxiety and promotes neuroplasticity.

McGill University researchers found that when rats were exposed to chronic stress conditions, those that were given microdoses 7 days in a row did not show anxiety-like behaviour. A single dose had no behavioural effect.

Repeated microdoses also prevented two neurobiological changes that occur with stress:

  1. The loss of dendritic spines (the branches on neurons that conduct electrical signals)
  2. A decrease in serotonin transmission.

“We have shown that LSD can rebuild these branches that are ‘dismantled’ due to stress. This is a sign of brain plasticity,” explains researcher Danilo De Gregorio.

Interestingly, a single microdose actually decreased serotonin neurotransmission – it was only the repeated regimen that increased the firing of serotonin neurons.

So if you’re going to microdose, you may want to try it multiple days in a row 😉

If you’re looking to start microdosing, follow @chloedeutscher on TikTok for advice from an industry expert.

Treat pain and mental health simultaneously

About 60% of patients with chronic pain also suffer from a second condition like depression or anxiety.

A University of Tasmania researcher predicts that ketamine therapy will have a “dual beneficial effect” on both pain and mental health.

Other chronic pain experts share this belief. “The domains of pain, anxiety and depression are all connected. If you treat one, another often gets better,” according to researcher Dr. David Borsook.

The hypothesis will be put to the test in an upcoming study of 30 chronic pain patients, which received a $80K grant from the Clifford Craig Foundation.

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Awakn Life Sciences (AWKN) received approval to begin ketamine treatments for mental health and addiction at its third clinic, located in London. The company also has ketamine clinics in Bristol, UK and Oslo, Norway.

Novamind (NM) announced that it will host MindMed’s (MMED) Phase IIb study on LSD for generalized anxiety disorder later this year. The trial will assess 200 patients for 12 weeks following a single dose of MindMed’ LSD formualtion.

MYND Life Sciences (MYND) entered into an agreement to acquire all the issued and outstanding shares of Tidal Psychedelics, a company with access to a $10M facility for cannabis and mushroom cultivation.

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Here’s what you missed in the legal world:

  • Colorado activists decided on one of four potential ballot measures to push for. The chosen measure, which will be voted on this November if enough signatures are gathered, would legalize psilocybin and establish licensed healing centers, similar to those being created in Oregon. Read more…

  • Georgia lawmakers introduced a bill that would establish a research committee to study the therapeutic benefits of psychedelics and make recommendations for reforms. Read more…


Psychedelics for weight management: issue 39

Hello and welcome back.

If you’re freaking out over the breaking news that Covid shrinks the brain, remember that psychedelics promote neurogenesis 😉 We’re calling it now that we’ll see a study on psilocybin for Covid-related brain shrinkage in the near future.

Here’s what’s in store for you in today’s issue:

🍄 A fun and easy way to lose weight 

🍄 3 LSD microdosing studies

🍄 2 approaches to treating depression with DMT

🍄 How psychedelics interact with antidepressants

🍄 And more.

Be sure to check out this week’s Daily Mushroom podcast:

Michael Kydd opens up about the impact of losing his mother at a young age

In this episode of the Daily Mushroom Podcast, we have Michael Kydd, an independent consultant helping psychedelic companies navigate the complex world of government relations. in this emotional episode, Michael talks about his experience with the passing of his mother, and how he believes psychedelics could have strongly benefited his mother and his family in that difficult time.

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Two approaches to treating depression with DMT

After finding its DMT formulation to be well-tolerated, Small Pharma (DMT) is launching two new trials this year. 

One will assess how DMT interacts with SSRIs in patients with depression and the other will compare the drug’s effects when administered through muscles versus veins. 

The company has also developed a form of DMT that lasts longer than the typical 30 minute trip, but is still much shorter than a psilocybin or LSD trip.

Biomind Labs (BMND) is taking the opposite approach. The company reduced a DMT trip to just 10-15 minutes by making a formulation that’s inhalable.

Biomind’s formulation will be assessed in a Phase II trial for treatment-resistant depression, which just received approval by the Brazilian Institutional Review Board.

We’re eager to see if the length of the trip makes a difference!

If you’re on antidepressants, psilocybin may be safer than MDMA

An analysis of 40 publications found that MDMA interacts with antidepressants more than psilocybin.

Taking MDMA on antidepressants could lead to toxic levels of serotonin and may be fatal, with MAOIs posing a particularly high risk.

While there is less research on psilocybin, a study from MindMed and Liechti Labs found that the SSRI escitalopram was safe to take with psilocybin, and even reduced trip anxiety.

However, the analysis found that buspirone, chlorpromazine, ketanserin, or risperidone reduced psilocybin’s subjective effects.

This helpful chart has more information on how psychedelics interact with antidepressants, but remember that this is not medical advice. 

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Finally, a fun and easy way to lose weight

Almost 40% of adults are overweight and obesity rates have tripled since the 70s. Luckily, both micro and macro doses of psilocybin may be able to combat this.

How? Psilocybin is structurally similar to serotonin, which is known to suppress the appetite.

NeonMind (NEON) found that when rats had unlimited access to food, those on both high and low doses of psilocybin gained 30% less weight than a control group.

The company is preparing for a clinical trial to see if a high dose of psilocybin combined with behavioral therapy and lifestyle intervention can aid in weight management. NeonMind is also developing a psilocybin microdose to control hunger.

 

Cutting-edge psychedelic training program

Researchers from Yale, Johns Hopkins, and NYU are collaborating to develop a psychedelic therapy training program for psychiatrists. The project is funded by $1M in donations.

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Numinus (NUMI) received Health Canada approval to research the plants that are used to make ayahuasca and a mescaline-containing cactus called San Pedro.

Albert Labs closed a $4.7M private investment and began trading on the Canadian Securities Exchange  under the ticker symbol “ABRT”. The company is focused on bringing psychedelic therapy to European markets to treat cancer-related anxiety and depression.

Novamind (NM) began a Phase II trial on psilocybin for depression, which is sponsored by the non-profit Usona Institute. 

MindBio Therapeutics invested NZ$2.3M to fast-track its research on microdosing LSD for depression and  end-of-life distress in late-stage cancer patients.

Psyched Wellness (PSYC) received a safety certification for its Amanita Muscaria mushroom extract, allowing it to be sold in the US. The product is designed to help with sleep and stress relief. 

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Two decrim bills filed in Rhode Island

One would remove penalties for psilocybin possession and allow medical professionals to prescribe and dispense the drug.

The other would decriminalize possession of up to an ounce of any controlled substance, except fentanyl.

Oklahoma psilocybin bill advances

A psilocybin research and decriminalization bill was approved by the Oklahoma House, advancing it to the Senate. If approved, penalties for psilocybin possession would be reduced to a fine and research institutions would be authorized to study the drug as a treatment for ten different conditions.

The DEA is no longer banning these drugs

In January, the DEA proposed to ban 5 psychedelic drugs (4-OH-DiPT, 5-MeO-AMT, 5-MeO-MiPT, 5-MeO-DET, and DiPT) by classifying them as Schedule I substances.

After receiving significant pushback, the DEA has withdrawn the proposal.

Instead, the agency is requesting for the Department of Health and Human Services to conduct scientific and medical evaluations of the drugs to guide scheduling recommendations.

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