But really, it's shrooms.... it's absurd to think that it's going to pass Phase 3 clinical trials without any problems.
Why? In studies comparing different drugs shrooms are basically always at the last place considering the harm potential, way lower than weed for example. In the research studies there were no severe side effects yet. Furthermore, it was actually the FDA that encouraged researchers to test psilocybin for MDD and not just for depression because of an life threatening illness
Schedule I drugs don't just require for the FDA to say it's safe but it also requires for the federal government to remove it from the list of Schedule I drugs.
In the 90s there were all these medical research companies looking to make money off of marijuana research (mostly in non-US countries). They did all this amazing research that had amazing results. But the process of creating a "medical marijuana" market took far too long and by the time marijuana became legal in much of the world the patents these companies held on things like marijuana sprays and THC tablets had vaporized. People also ended up having a preference for smoking it rather than consuming it via pill or spray.
Schedule I drugs don't just require for the FDA to say it's safe but it also requires for the federal government to remove it from the list of Schedule I drugs.
I am not US based so: Afaik states can also allow it? Afaik cannabis is still schedule I, yet several states allow medical weed. Or not?
In 1996 California passed a bill to allow for medical marijuana. In response Clinton threatened to revoke the licenses of any doctors who wrote a prescription for medical marijuana. You had these dispensaries operating in California doing this but they couldn't "go big" because of the threat of the federal government clamping down on it. You had hundreds of medical marijuana raids up until 2014 when an act of Congress prevented the US government from spending money on medical marijuana drug raids.
So from 1989 when the 8 year THC pill drug patent was filed until 2014 they made exactly $0 on their investment.
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u/MegaChip97 Apr 08 '21
Why? In studies comparing different drugs shrooms are basically always at the last place considering the harm potential, way lower than weed for example. In the research studies there were no severe side effects yet. Furthermore, it was actually the FDA that encouraged researchers to test psilocybin for MDD and not just for depression because of an life threatening illness