As psychedelic therapy begins in Colorado, Avon builds its own regulations

Psychedelic centers create a danger to kids and exacerbate Colorado’s mental health crisis

(Stock photo by Akchamczuk/Getty Images)Now that the state of Colorado has issued its first license for the operation of a “natural medicine business,” the public must not be misled into believing that psychedelic drugs are safe or effective. These drugs — and the for-profit businesses that sell them — threaten to harm children and exacerbate Colorado’s mental health crisis. Despite the issuance of the state license, these substances remain ille…

As psychedelic therapy begins in Colorado, Avon builds its own regulations

Avon is homing in on the regulations it will place on psychedelic distributors and trip-facilitating operators. The Town Council at its April 22 meeting heard from Town Attorney Betsy Stewart about the limitations it can and cannot enforce on natural medicine healing centers and businesses. In 2022, Colorado voters approved Proposition 122, which legalized the use and cultivation of natural medicine as an additional tool for mental health servic…

Colorado House Approves Senate-Passed Psychedelics Bill To Allow Pardons And Implement Data-Tracking

Colorado House lawmakers have advanced a Senate-passed bill that would empower the governor to grant pardons to people who’ve been convicted of psychedelics-related offenses while also revising implementation rules and data-tracking provisions for the state’s 2022 voter-approved psychedelics legalization law. Members of House passed SB25-297 on second reading in a voice vote Monday, following Senate passage of the proposal on a 23–12 vote last w…

The Top Psychedelic Stocks in Canada in April 2025 - Stocktrades

Key takeaways Psychedelics are gaining mainstream acceptance: Growing research and regulatory momentum are pushing psychedelic therapies closer to becoming approved treatments for mental health conditions like depression, anxiety, and PTSD. Different business models offer unique opportunities: Companies like MindMed focus on drug development, Numinus Wellness provides therapy services, and Compass Pathways leads in clinical trials—offering inves…

Texas closer to becoming psychedelics research hub – RamaOnHealthcare

AROUND THE NATIONThe Texas state Senate has overwhelmingly passed a bill to study the psychedelic drug ibogaine, derived from an African shrub, as a mental health treatment.The bill would create a grant program through Texas’ Health and Human Services Commission for developing and evaluating clinical trials, with the aim of gaining Food and Drug Administration [...]

State Lawmakers Consider Psilocybin Legislation to Expand Access and Reduce Penalties – Duane Morris Government Strategies

Photo credit: iStock.com/24K-Production Across the United States, lawmakers are increasingly reconsidering psilocybin policy in response to growing evidence of its therapeutic potential. Psilocybin is a naturally occurring psychedelic compound found in particular species of mushrooms. Once stigmatized and criminalized, scientists and policymakers are reevaluating it as a promising treatment for mental health conditions such as depression, post-t…