Lifestyle
Psychedelics Could Disrupt the $42 Billion a Year Rehab Industry
Many eager investors have been flocking to psychedelics with the “gold rush” mentality over the past few years. Another industry that has seen this pattern over the past decade is rehab. The burgeoning psychedelic treatment space has a lot of cross-over with addiction treatment and rehabilitation. In 2020, drug and alcohol addiction treatment brought in $42 billion, and that number is projected to grow 20% by 2025. The amount of money being poured into rehab programs is growing exponentially, but the results of these programs are less than satisfactory. Given the lack of performance by current addiction treatments, the psychedelic…