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" ... But some companies are taking advantage of the ready availability of substances like ketamine, which have been approved for other uses – in the case of ketamine, for anesthesia. Along with its other longer-term R&D projects, Canadian therapeutic psychedelic company Field Trip is already establishing psychedelic drug-assisted therapy clinics in Canada, and will soon be opening branches in Los Angeles and New York. ... "
" ... Levy says FT-104 is similar to the chemical structures of known psychedelic substances like psilocybin. Field Trip filed a provisional patent and the company hopes to launch clinical trials by the end of 2021. ... "
" ... §280E. Expenditures in connection with the illegal sale of drugs. No deduction or credit shall be allowed for any amount paid or incurred during the taxable year in carrying on any trade or business if such trade or business (or the activities which comprise such trade or business) consists of trafficking in controlled substances (within the meaning of schedule I and II of the Controlled Substances Act) which is prohibited by Federal law or the law of any State in which such trade or business is conducted. ... "
" ... “These substances [including psilocybin] will become more available with their safety being demonstrated over time,” he recently told me via Zoom. ... "
" ... “What we have is a law that says it's OK to alter your mental functioning with alcohol and tobacco, but it's not OK to alter your mental functions with the substances controlled under the Act” Hardison argues. “So it's an unequal deprivation of a fundamental liberty to freedom of thought.” ... "