Psychedelic Sector Week in Review: January 19–25, 2026

From the clinic to the capital markets, here is Psychedelic Invest's roundup of the key headlines for the week of January 19–25, 2026.

State of New Jersey (policy): N.J. Gov. Murphy signs $6M hospital-based psilocybin therapy pilot into law

Outgoing Governor Phil Murphy signed legislation establishing a state-run, hospital-based psilocybin research and therapy pilot program, appropriating $6 million split across three New Jersey hospitals (north, central and south). The bill also creates an 11-member Psychedelic Therapy and Research Advisory Board to oversee the two-year program, with trials designed to align with FDA study protocols. The signing added New Jersey to a growing list of states building regulated psilocybin access pathways ahead of any federal approval.

Source: prweb.com

That's the recap. Follow the Psychedelic Invest Index for how the sector is trading, and check back next week for the next edition.