Government

Psychedelics Policy Reforms Gaining Momentum Across US States

Published January 11, 2024

In an unprecedented wave of legislative movements, psychedelics reform is advancing on both federal and state levels. Following key federal decisions from President Biden and the Department of Veterans Affairs, state-level reforms are rapidly unfolding across the United States, evidencing a growing shift in perception toward psychedelics and their potential therapeutic benefits. With updates as recent as January 9, 2024, thirteen states have demonstrated significant progress in psychedelics policy reform, setting the stage for a transformative period in the realm of mental health treatments and potential investment opportunities.

The Federal Canvas: Biden and the VA's Stance

At the federal tier, President Biden's administration and the VA have implemented decisive measures that bode well for the future of psychedelics research and usage. These actions not only indicate federal acknowledgment of the medical potential contained within psychedelics but also pave the way for state-level initiatives to explore and expand access to these substances for therapeutic use.

State-Level Psychedelics Reforms: A Nationwide Overview

The reform wave is substantial, with thirteen states taking considerable steps toward changing their stance on psychedelics. Some are working on decriminalization, others on legalizing medical applications, and a few are investigating the benefits of these substances to address mental health crises. This presents a dynamic tapestry of policies that are evolving to reflect new understandings of psychedelics and their place within society and medicine.

psychedelics, reform, policy