Why it matters: Oregon has issued its first license for a psilocybin service center, making the state the first in the US to legalize the psychoactive compound. This move comes as more states consider legalizing mushrooms for therapeutic purposes.
What they are saying: “We want to congratulate Cathy Jonas of EPIC Healing Eugene on being the first licensed service center in the state,” said Oregon Psilocybin Services (OPS) Section Manager Angie Allbee.
The big picture: With Oregon leading the way on psilocybin legalization, other states will likely take steps to follow its lead. There is significant demand for psychedelic-assisted therapy, and we can expect the industry to continue to grow in the years ahead.
What to watch: Watch for other states to follow Oregon’s lead and legalize psilocybin. As more jurisdictions embrace the compound for therapeutic purposes, it could lead to widespread legalization and significant demand for related services.
My take: Oregon’s move to legalize psilocybin is a positive step forward for people who could benefit from more natural remedies. What’s more, it sets the stage for other states to follow suit, which may end up having far-reaching effects beyond just making it easier to access psychedelic-assisted therapy.
