Financial News
Australia First in Line to Categorize Psychedelics as Medicinal
Australia recently made history when it categorized psychedelics as medicines, becoming the first country in the world to grant the distinction to hallucinogenic drugs. Psychedelics have been subject to an increasing amount of research in recent years amid a rising push for alternative mental health treatments. Hallucinogenic drugs such as psilocybin and ketamine have exhibited a range of potential medical benefits against mental health disorders in a variety of clinical trials.
However, the fact that these substances are largely illegal worldwide has hindered further research and made it nearly impossible for…
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