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SykoActive Studios Media Newsletter February 1, 2024
Welcome to the latest edition of the SykoActive Studios Newsletter! In today’s issue, we explore new frontiers in Psychedelics & Cannabis, alongside their implications for Mental, Emotional, Physical, and Spiritual Health. We’re here to provide you with the latest, most insightful stories, guiding you through the evolving landscape of these exciting fields.
DEA Reverses Decision To Schedule 5 Psychedelic Tryptamines
The Drug Enforcement Administration has reversed its decision to the scheduling proposal that would have placed five tryptamine hallucinogens, as identified in this proposed rule, in schedule I of the Controlled Substances Act.
Magic Mushrooms Will Be Legal Before Cannabis In New Jersey
New Jersey Introduced a bill that would legalize the possession, home cultivation, ingesting, and gifting of psilocybin mushrooms for adults 21 and older to promote mental health and wellness
MindCure Health Halts Operations
Among the first casualties of the psychedelic revolution is MindCure Health (MCURF), which was focused on mental health and wellness. The company’s CEO, Philip Tapley announced they were shutting down operations due to a lack of funding and decided to immediately eliminate all expenditures outside those required to preserve the value of the Company's assets.