Psychedelic News

Lucy Scientific Discovery: Navigating Growth and Diversification in the Psychedelic and Wellness Sectors

Sep 20 • 6 min read

This has been a busy quarter for the psychedelic industry, particularly Lucy Scientific Discovery Inc. The company has announced three acquisitions in the past three months. These acquisitions create an interesting and unexpected pathway for the company. The NASDAQ-listed Lucy Scientific Discovery has greatly expanded its reach within the psychedelic, wellness, and cannabis industries this…

MAPS Phase III Trial Results Mark a Paradigm Shift in Mental Health Treatment

Sep 14 • 6 min read

Post-traumatic stress Disorder (PTSD) is a debilitating mental health condition that affects millions of people worldwide. It affects 5% of the US population, and viable treatment options are lacking. MDMA-assisted therapy offers a new glimmer of hope for people suffering from the aftereffects of trauma. The Multidisciplinary Association for Psychedelic Studies PBC, or MAPS, has…

Lusaris Therapeutics: From Promising Psychedelic Startup to Vanishing Act

Sep 13 • 6 min read

In November 2022, Lusaris Therapeutics made news for its $60 million Series A round. Since then, there has been a curious silence from the company. We recently came across a rumor that the company was shutting down. After a month of attempting to confirm this, we have come up empty-handed. That within itself is strange…

California Legislation Tackles Addiction, Mental Health, and Psychedelics

Sep 11 • 3 min read

Legal psychedelics are closer than ever to becoming a reality in California. Senator Scott Weiner has been trying to push a psychedelic bill through the California legislature for several years now, and the end is now within sight. Weiner’s initial bill was unsuccessful. However, his second try has now made it to the governor’s desk….

Consolidation Continues in the Psychedelic Industry

Sep 1 • 6 min read

Many experts have been predicting some big mergers and acquisitions in the psychedelic industry. Well, it looks like they were spot on. This week has brought with it announcements of the two biggest acquisitions in the history of this emerging industry. On Monday, Cybin announced that it would be acquiring Small Pharma. Both are clinical-stage…

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