Market Research

The psychedelics industry witnessed notable milestones and setbacks at both the state and federal levels in 2024. Here’s a detailed look at some of the most significant events of the year. Department of Veterans Affairs Funds Psychedelic Research for Veterans In a landmark move, the Department of Veterans Affairs (VA) announced a $1.5 million investment…

Veterans Affairs officials announced on Tuesday a $1.5 million grant to explore MDMA-assisted therapy as a treatment for post-traumatic stress disorder (PTSD) and alcohol use disorder among veterans. This marks the department’s first government-funded research into the potential benefits of psychedelics in over 50 years. Earlier this year, the VA revealed plans to study the…

In a pivotal achievement for mental health and cannabis research, the Multidisciplinary Association for Psychedelic Studies (MAPS) has overcome substantial regulatory barriers to advance its Phase 2 clinical trial, known as MJP2. This groundbreaking study examines the effects of smoked and vaporized cannabis on post-traumatic stress disorder (PTSD). After years of rigorous advocacy, scientific preparation,…

And why everyone should go to this conference in 2025. I walked into the Palm Beach County Convention Center on November 1st bursting with curiosity. The health and wellness conference I was there to take part in, called The Eudēmonia Summit, was the first of its kind. It was a name I hadn’t heard before…