Oregon Issues First Psilocybin Manufacturing License

March 29, 2023 · Ganjapreneur

Oregon regulators issued the state’s first business license under the state’s historic psilocybin therapy program last week, the Associated Press reports. The licensee, Satori Farms PDX LLC, received its license to begin manufacturing psilocybin products from Oregon Psilocybin Services — a branch of the Oregon Health Authority — last Wednesday.

Oregon’s medical psilocybin program formally launched this January after voters approved the system during the 2020 election.

Psilocybin, the psychedelic substance found in magic mushrooms, has shown promise in treating severe depression, post-traumatic stress disorder, end-of-life anxiety among the terminally ill, and some mental health conditions. While the substance remains outlawed at the federal level, the Food and Drug Administration (FDA) granted psilocybin mushrooms “breakthrough therapy” status for major depressive disorder in 2018, which has led to clinical trials.

Oregon Psilocybin Services has warned the program could be slow to come online, the report said, as regulators must first consider applications for four different types of licenses — manufacturing, laboratories, service centers, and facilitators.

Earlier this month also marked the culmination of the first-ever psilocybin training program by Portland-based InnerTrek, which teaches students how to accompany psilocybin patients during their psychedelic experiences, the report said.

Earlier this month, advocates launched the Psychedelic Medicine PAC, a new political action committee dedicated to supporting candidates for office who support the use of psychedelics for therapeutic purposes. (Full Story)

In category:Psychedelics
Next Post

Bipartisan Congressional Bill Would Force DEA To Let Patients Use Psychedelics And Marijuana

A bipartisan group of congressional lawmakers filed a bill this week to clarify that federal “Right to Try” (RTT) laws give seriously ill patients access to Schedule I drugs, including marijuana and psychedelics like psilocybin and MDMA. While the bipartisan…
Previous Post

Hawaii Health Department Says Legalizing Psychedelics Is A ‘More Meaningful’ Step Than Creating A Study Group

The Hawaii Department of Health (DOH) says that it would be prudent for the state to legalize certain psychedelics like psilocybin and MDMA to prepare for a likely federal policy change allowing their use for medical treatment. At a hearing…
Random Post

Empire Cannabis Club Co-Owner, Staff Arrested in NYC for ‘Obstruction’

State tax agents backed up by New York City cops arrived at two Manhattan outlets of the Empire Cannabis Clubs on July 11, seizing a large amount of product at one location and making arrests at both. But the arrests…
Random Post

Study: Cannabis Legalization Does Not Lead to Increased Use of Other Drugs

A new report found cannabis legalization does not lead to an increase in substance use disorders or the increased use of illicit drugs. Cannabis legalization had not led to an increase in substance use disorders or increased use of other…
Random Post

How to Sell More Flower

In nearly every state, the trend is the same: As cannabis products are introduced to a newbie consumer market, flower sales start off strong before extracts and edibles slowly but surely start grabbing a bigger piece of the pie. That…
Random Post

States That Legalize Medical Marijuana Have Significantly Lower Health Insurance Premiums Than Non-Legal States

According to a recent study published in the International Journal of Drug Policy, states that had legalized medicinal marijuana saw significant drops in health insurance costs compared to those where cannabis remained completely illegal. The authors determined that once a state passed a medical…