Get in Touch with Our Psychedelic Law Team
Get started by filling out the form, or call 1-888-330-0010 to schedule an initial consultation.
"*" indicates required fields
Psychedelic lawyers providing industry-expert legal planning, regulatory support, corporate guidance, compliance strategies, and litigation.
Contact UsEverything is changing with psychedelic drugs. Until recently, substances with psychedelic or entheogenic properties were used recreationally, and always illegally. These substances were widely perceived to have no medical value and no commercial application. As such, no one invested in this area or required legal services outside of the criminal context. Today, psychedelics are proceeding toward legalization on two paths.
The first path is pharmaceutical drug development. In 2019, the U.S. Food and Drug Administration (FDA) approved Spravato, a ketamine-based nasal spray used for treatment-resistant depression. Shortly thereafter, the FDA granted “breakthrough status” to a pair of psilocybin applicants for depression-related formulas. Private and public companies are now racing to raise money, develop intellectual property, and capitalize on the market opportunities associated with government-approved psychedelic drugs. These opportunities are tremendous but legally arduous.
The second path for psychedelics is being undertaken at the state and local levels through decriminalization and legalization efforts. Decriminalization already has occurred in cities such as Santa Cruz, Denver, Seattle, and Oakland. States may soon follow. The commercial opportunities associated with decriminalization are less clear. The State of Oregon legalized psilocybin therapy in 2020 with the passage of Measure 109. There will be a variety of commercial licenses available in Oregon to manufacture psilocybin and to administer and facilitate psilocybin sessions. Oregon is the only state as of 2022 to have legalzed psilocybin for commercial health and wellness applications.
As a firm that has provided business and related services in the cannabis space going back to 2010, we are familiar with many of the unique issues businesses and individuals face in the psychedelics space. We regularly cover legal and policy topics in and around psychedelics on our blog. We also have compiled (and are forever adding to) a Psychedelics Glossary, to help with industry terminology.
The Psychedelics Law Blog is a forum for discussing the impact of psychedelics laws on industry stakeholders. We provide insight for readers to use this dynamic body of law and policy to their advantage. In plain language, our blog posts analyze what works, what doesn’t, and why. Our aim is to further the development of this exciting field in a collaborative environment with our readers.
View BlogGet started by filling out the form, or call 1-888-330-0010 to schedule an initial consultation.
"*" indicates required fields
We do tough. We do bold.
We do innovative.