Explore our 🎯 Q1 2026 Psychedelic Pipeline Bullseye Charts.

October 23 – 29, 2023

WEEKLY POLL RESULTS

We Asked: When will MDMA-assisted therapy be approved by FDA?

You Answered:

  • First half of 2024 (11%)
  • Second half of 2024 (50%)
  • 2025+ (33%)
  • Not sure (6%)

Beckey Waves Acquires Nue Life

Beckley Waves ↗

Beckley Waves co-founder Daniel Love will act as interim CEO of NueCo Holdings PBC, a newly-formed company that will acquire the assets of Nue Life Health Inc.

A New Era of Psychedelics in Oregon

NYT ↗

“The state has pioneered a therapeutic market for psychedelic mushrooms. Researchers are watching with a mix of excitement and unease.”

What’s behind ketamine, the drug of the decade

EL PAÍS ↗

“Consumption of this substance has reached its highest point since 2017 and is leaving a mark on popular culture. Some defend its therapeutic power, but others warn of its destructive potential”

October 16 – 22, 2023

Psychedelic Bulletin #147

Psychedelic Alpha ↗

  • 🚫 Analysis: California Governor Vetoes Psychedelic Decrim. Bill
  • 🚨 At-Home Ketamine Gets Another Lifeline, But FDA Sounds Alarm
  • ⚖️ One to Watch: Challenge to Chevron Could Shatter Federal Agencies’ Power
  • 📊 Bionomics’ Phase 2b Study of PTSD Treatment Reports Positive Results
  • 🏅 Fabre-Kramer’s 5-HT1A Agonist Scores FDA Approval for MDD After Multiple Rejections
  • 📰 Psychedelic Drug Development Updates (GH Research; atai; Cybin)

and lots more.

Dr. Roland Griffiths Passes Away

On Monday evening Roland Griffiths, a pioneer in psychedelic and consciousness research, passed away.

Professor David Nutt shared:

A sad day: my longtime friend and colleague Roland Griffiths died last night after a long battle with cancer during which he showed the inspiring courage and wisdom that characterised his whole career, especially in resurrecting psychedelic research. A truly great scientist.

An interview between Roland and his wife, Marla, and Manish Agrawal displays the pair’s remarkable sense of perspective on Roland’s diagnosis and beyond.

Beyond his immense impact on the present field of psychedelic and consciousness research, his legacy includes The Roland R. Griffiths, PhD, Professorship Fund in Psychedelic Research on Secular Spirituality and Well Being. The Fund establishes (and aims to support, in perpetuity) a world-class psychedelic research program to advance human flourishing and wellbeing.

The ↗ New York Times remembered Griffiths in an article that charts his contributions.

…as did the ↗ Baltimore Banner.

↗ Johns Hopkins shared a tribute to Griffiths, too, which noted that the endowment is at $24 million.

Diamond Therapeutics Announces First Patient Enrolled in FDA-authorized Study Evaluating Low-Dose Psilocybin in Human Subjects with Demoralization

Press Release ↗

Announces First Patient Enrolled in FDA-authorized Study Evaluating Low-Dose Psilocybin in Human Subjects with Demoralization (Oct 17) ↗ Press Release

The trial hopes to enrol 60 patients to evaluate low-dose psilocybin in demoralisation (which includes feelings of hopelessness and meaninglessness). Diamond does not expect the doses to produce subjective effects.

Pα: Given the dearth of clinical trials evaluating ‘microdosing’, and the equivocal nature of observational studies regarding the practice’s effects (or lackthereof), this should be an interesting study to follow (speaking of which, here’s the trial registry entry: NCT05227742). However, it is worth pointing out that the trial’s dosing protocol – which sees five drug (or placebo) administrations over as many weeks – is dissimilar to popular microdosing regiments.

Spravato Sales Reached $183m in Q3

J&J ↗

Johnson and Johnson’s Q3 2023 results show $183 million in worldwide sales (the vast majority of which were in the U.S.) of Spravato in Q3 2023 vs. $100 million in Q3 2022.

Harvard launches new Study of Psychedelics in Society and Culture

The Harvard Gazette ↗

A gift from the Gracias Family Foundation supports the launch of an interdisciplinary effort across the Faculty of Arts and Sciences, Harvard Law School, and Harvard Divinity School.

Quartz also covered the news: A former Tesla director is giving Harvard $16 million to study psychedelics in society and culture

Mario Can’t Be Super Without Psychedelic Power-Ups

NY Times ↗

“Now there’s Super Mario Bros. Wonder, which turns the franchise into a carnival of bizarre delights. Each level includes a wonder flower, a new mechanic that sends Mario on something like a psychedelic trip, reconfiguring the world around him — warp pipes start crawling like caterpillars, rhinos begin a stampede and some mountains gain a set of googly eyes.”

October 9 – 15, 2023

WEEKLY POLL Results

Q: Should Governor Newsom have signed SB-58 to decriminalise certain psychedelics in California?

A: Unsurprisingly, the ayes have it! 80% of you voted yes, with just 5% voting no. 15% of you sat on the fence, answering not sure.

Natural Medicine Advisory Bulletin #4: September 2023

Pα X Vicente LLP ↗

“Coming into the sixth month of work, Colorado’s regulated natural medicine program is starting to take shape”, writes Jeff Fitzgerald of Vicente LLP for the latest update from the state’s Natural Medicine Advisory Board.

MDMA-assisted psychotherapy for PTSD in adolescents: rationale, potential, risks, and considerations

European Child & Adolescent Psychiatry ↗

While comments on ‘giving MDMA to kids’ have caused some hoopla on the conference circuit, if MDMA-assisted therapy is approved in adults then exploring it in adolescents may be the next step on the clinical research agenda. Two researchers published a review article on the topic today, Tuesday 10th (they published a preprint in the Summer).

See our earlier coverage of MDMA-AT’s potential pediatric studies.

Johns Hopkins Group Eyes TV Reboot to Capture the Wonder of Science

JHU Hub ↗

JHU is exploring a reboot of its postwar science TV show, “The Johns Hopkins Science Review”, on a platform like Netflix, and psychedelic research could get airtime: “Psilocybin research and the groundbreaking work of the School of Medicine’s Center for Psychedelic and Consciousness Research is another topic of interest”, the article notes.

God, Magic Mushrooms, and Me

Esquire ↗

“There’s a growing movement among religious leaders to use psychedelics like psilocybin to deepen their faith. The author attended a secret ceremony to find out whether it works.”

California Gov. Gavin Newsom vetoes bill that would have decriminalized psychedelic mushrooms

AP News ↗

Pα: (We will be covering this more extensively in a forthcoming Bulletin – sign up today.) The Governor’s veto is not entirely surprising, given Newsom’s rumoured national political ambitions. Newsom’s associated letter (which is not something a Governor has to accompany a veto with) doesn’t slam the door closed on psychedelic policy reform, either. But it’s clear Newsom would like to see something more closely focused on ‘therapeutic use’, though the term is admittedly vague. Expect to see Sen. Wiener return next year with a new Bill. Our Editor-at-Large Graham Pechenik and I (Josh Hardman) spoke to Wired about the news.
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Psychedelics Prove Popular at ECNP

ECNP’s Tweet ↗

“Psychedelics are hot in the field of mental health!”, Tweeted the European College of Neuropsychopharmacology alongside a photo of a packed conference hall.

Pα: Our own Josh Hardman attended ECNP’s New Frontiers meeting in France earlier this year, which was entirely dedicated to psychedelics (read our write-up). It’s great to see this interest borne out at the main conference, too.

Psychedelic health claims may be promoting risky self-medication

New Scientist ↗

“Drugs such as psilocybin can trigger dangerous psychotic experiences and should only be used with medical supervision, warns psychiatrist Jonathan Iliff at New Scientist Live”

Pα: A number of researchers that work with psychedelics have shared concerns around topics like decriminalisation and ‘self-medication’ of late. In response to a WaPo Opinion piece titled “Self-medication with psychedelic drugs is a dangerous plan”, Robin Carhart-Harris said, “I tend to agree”. Jennifer Mitchell, meanwhile, told the LA Times she was against California’s decrim. bill.

The Big Money Behind Kentucky AG Daniel Cameron’s Bizarre Psychedelic Drug Crusade

Daily Beast ↗

Is ibogaine R&D an appropriate use of the state’s Opioid Abatement Advisory Commission funds? A $42m grant would be its biggest to date, by a long shot.

Cameron’s ibogaine initiative “came out of the blue” and “caught everybody off-guard”, according to a source in a Daily Beast exclusive, which alleges conflicts of interest.

Pα: Just as psychedelic advocates question Newsom’s motives for vetoing SB 58, this reporting questions the motives behind KY’s potential ibogaine funding. Opposition researchers have requested ibogaine program-related records from Cameron’s office, so there may be more to come.
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Filament Health Receives Health Canada Authorisation for Ph 2 Psilocybin Trial

Press Release ↗

Health Canada has given the go-ahead for a Filament-sponsored study of psilocybin for the treatment of opioid use disorder. The Phase 2 trial will take place at University of British Columbia

Pα: In a crowded synthetic psilocybin drug development space, Filament is looking to differentiate itself by using a ‘botanical’ psilocybin candidate.

Case Report: Fungal Infection in Lungs Following Psilocybin Use

Chest Journal ↗

The case report details how a 49 year old immunocompromised male ended up with a fungal infection in his lungs.

The patient explained that he had cultivated his own psilocybin mushrooms and turned them into a powder using an electric coffee grinder.

NYT profiles the Athenaeum

NY Times ↗

“…just three blocks from Grand Central Terminal, tucked within the sprawl of advertising offices, finance firms and chain stores, a community center dedicated to consciousness-altering substances has taken root.”

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