Business

Psychedelics Weekly – More Trouble For Field Trip Health, Ketamine Wellness Centers Abruptly Close, & The Creation of the Psychedelic Medicine PAC

March 24, 2023
Featuring: Joe Moore & Kyle Buller

Subscribe Share

In this episode of Psychedelics Weekly, Joe and Kyle are back at it, talking about news and what’s going on at Psychedelics Today (applications for Vital close this Sunday, March 26, and we’ve just announced a new neuroscience course!).

Following up on last week’s news that Field Trip Health had closed five clinics, they start with more unfortunate news: that Field Trip is laying off a lot of people, Ronan Levy has resigned as the CEO, trading has been suspended, and the company has obtained CCAA Protection (which, through the Companies’ Creditors Arrangement Act, essentially allows a struggling company a chance to restructure its finances to avoid bankruptcy, all through a formal Plan of Arrangement). And in similar news, all Ketamine Wellness Centers (an Arizona company recently acquired by Delic Holdings) would be closing immediately, with employees let go with little warning or explanation. These stories (and Synthesis Institute’s downfall) highlight the sad reality many of us in the psychedelic space forget: that just because a business is heart-centered and psychedelic-minded, it’s still a business, and businesses need to be profitable to survive. 

Next, they cover Melissa Lavasani and the Psychedelic Medicine Coalition creating the Psychedelic Medicine PAC (Political Action Committee) to get more government funding behind psychedelic research. Members of PMC went to D.C. last week, presenting a psychedelic briefing to begin the process of educating legislators about the realities of plant medicines and psychedelic-assisted therapy (and Joe was there). 

And they discuss more: concerns over Australia’s recent about-face on MDMA and psilocybin being used legally; a recent study where researchers used EEG and fMRI together to record what is happening in the brain while under the influence of DMT (and we should probably have Manesh Girn on again to explain it better than we could); and an interview with Eric Andre at SXSW where, in about 2 minutes, he brilliantly shines a light on drug exceptionalism, the lies of the drug war, and the need for more education on psychedelics – all to a bewildered reporter who didn’t seem prepared to talk to Eric Andre (we are- please come on the podcast!).

Links

Navigating Psychedelics/Beckley Retreats giveaway

Psychedelic Neuroscience Demystified: How Psychedelics Alter Consciousness and Produce Therapeutic Effects

Vitalpsychedelictraining.com

Psychedelicalpha.com: Field Trip Health & Wellness Obtains CCAA Protection

Meetfieldtrip.com: Field Trip Health & Wellness Obtains CCAA Protection

AZfamily.com: Ketamine Wellness Centers in Arizona and across county abruptly shut down

NBCnews.com: Candidates who support psychedelics as medicine get a political action committee

Psychedelicmedicinecoalition.org

Nofallenheroesfoundation.org

ABC.net.au: ‘Serious concerns’ over TGA’s decision making on landmark psilocybin, MDMA ruling

TGA.gov.au: Change to classification of psilocybin and MDMA to enable prescribing by authorised psychiatrists

Pharmala.ca

Interestingengineering.com: Scientists unlock effect of psychedelic drug DMT on the human brain

Pnas.org: Human brain effects of DMT assessed via EEG-fMRI

Vox.com: Wilder Penfield redrew the map of the brain — by opening the heads of living patients

Beyond the Brain, by Stanislav Grof

The Structure of Scientific Revolutions, by Thomas S. Kuhn

Fox26houston.com: Eric Andre talks his love of psychedelics at SXSW

Joe with Kyle zoom in

In this Episode

Joe Moore

CEO & Co-Founder

Kyle green screen 1

Kyle Buller

Vice President of Education + Training & Co-Founder