The U.S. Veterans Affairs Department has been urged by major VSOs (Veterans Service Organizations) to keep looking into psychedelic therapy and other alternative therapies, such as medical marijuana, if these treatments can be proved to be effective. One leading group told Congress that a major stumbling block to the exploration of these novel treatments is the classification of these substances under Schedule 1 of the federal Controlled Substances Act.
These testimonies show that a lot of hope is pinned on the studies being conducted by various startups, such as Mind Medicine Inc. (NASDAQ: MNMD) (NEO: MMED) (DE: MMQ), as well as the academia in efforts to document whether or not psychedelics and…
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