Is it Possible to Create an Ethical Psychedelics Company?

At a virtual investment conference last week called Psychedelic Capital, the moderator of a session on ethical intellectual property opened the panel by asking, “To patent or not patent? That is the question.”

That certainly is the question that’s been hotly debated lately in the psychedelic community through open lettersblog posts, and Youtube videos. And it’s a discussion that’s not going anywhere soon, as the explosion of for-profit psychedelic companies and patent applications raises concerns about ethical and legitimate ways to bring psychedelic drugs and therapy to the masses.

The alarm around patents was first sounded, in part, in response to patent applications from mental health company Compass Pathways. Its international patent applications include claims for rudimentary aspects of psilocybin psychotherapy and broad claims for treating a litany of conditions unrelated to mental health. It currently also has three granted patents regarding its synthetic formulation of psilocybin, the active ingredient in magic mushrooms—patents which have been, and will likely continue to be, controversial.

Read from the original article

Schedule a Call

Entheogen-assisted Healing

Taking entheogens can be like air travel: people do it all the time, it’s usually fine, but when it’s not fine, it’s sometimes very bad. We’ve been there. And that’s where an experienced GUIDE can make the difference in the outcome.
I’m available by phone if you or someone you know wants to ask questions of ANY nature. Use this link to schedule a call HERE.