Victoria, BC

Join us on Vancouver Island in majestic Victoria, BC for 3 days of cannabis cultivation, psychedelics and extraction.

June 20-22, 2022

Niagara Falls, ON

Join us in spectacluar Niagara Falls, ON for 3 days of cannabis cultivation, psychedelics and extraction.

September 12-14, 2022

Grow Up Awards Gala

Annual Grow Up Industry Awards. Come celebrate the innovation and sucess in the cannabis growing industry.

September 12, 2022, Niagara Falls

Tesla CEO Elon Musk Believes Psychedelics Are Better Than Pharmaceutical Medications

May 5, 2022 | Media Partners, Psychedelic News Wire

This post is presented by our media partner Psychedelic News Wire
View the original article here.

Tesla CEO Elon Musk recently stated on Twitter that psychedelic substances and other plant-based drugs were effective as treatments for a number of mental health conditions. Musk has in the past smoked a joint during a livestream video.

The tweet in question is an excerpt from a conversation between a pair of Twitter users, one of whom referred to a feature on the New York Times, which discussed Adderall. The other user replied to the tweet, noting that prescribed psychedelic drugs would soon replace selective serotonin reuptake inhibitors (SSRIs) and amphetamines, probably in the next decade. SSRIs are antidepressants commonly prescribed to alleviate the symptoms of depression.

This is when Musk responded to the tweet, noting that he’d interacted with many individuals who were helped by ketamine and psychedelics more than amphetamines and SSRIs.

Tesla’s CEO is right, given the multiple ongoing studies surrounding the use of psychedelic drugs as alternative treatment options for a range of conditions at a time when the United States is grappling with an unprecedented mental health crisis. Legal psychedelic drugs are expected to disrupt the multibillion-dollar mental health field as more clinical trials are conducted that focus on the use of substances such as MDMA, ketamine and psilocybin in conjunction with therapy for conditions such as severe PTSD.

For instance, the Imperial College London is carrying out a phase IIa trial that is looking into the effectiveness of MDMA-assisted psychotherapy in treating alcohol use disorder patients. Compass Pathways has also developed a synthetic psilocybin therapy dubbed COMP360 for managing symptoms of treatment-resistant depression. The company  plans to carry out its phase III trial on the therapy soon.

Additionally, Mind Medicine Inc. (NASDAQ: MNMD) (NEO: MMED) (DE: MMQ) was recently permitted by the FDA to advance its MM-120 phase II trial on the use of LSD as the treatment of generalized anxiety disorder. Furthermore, the Multidisciplinary Association for Psychedelic Studies (MAPS) is advancing a phase III trial involving the evaluation of MDMA as a treatment for post-traumatic stress disorder.

Currently, treatments that use ketamine are the sole psychedelic therapy that is federally legal in the United States. This may help explain why so many ketamine clinics are being launched in different parts of the country.

These clinics offer some degree of relief to the significant numbers of Americans suffering from major depressive disorder that haven’t had any luck with SSRIs. This is significant progress especially if one considers that a couple of years ago, the psychedelic sector was mainly comprised of a small number of academics and some risk-taking investors.

About PsychedelicNewsWire

PsychedelicNewsWire (PNW) is a specialized content distribution company that (1) aggregates and distributes news and information on the latest developments in all aspects and advances of psychedelics and their use, (2) creates PsychedelicNewsBreaks designed to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics.

To receive instant SMS alerts, text “Groovy” to 844-397-5787 (U.S. Mobile Phones Only)

For more information please visit

Please see full terms of use and disclaimers on the PsychedelicNewsWire website applicable to all content provided by PNW, wherever published or re-published:

Do you have questions or are you interested in working with PNW? Ask our Editor

PsychedelicNewsWire (PNW)
San Francisco, California
415.949.5050 Office
[email protected]

PsychedelicNewsWire is part of the InvestorBrandNetwork.

This post was originally published by our media partner here.


O’Cannabiz – June 1-3, 2022
International Convention Centre, Toronto ON

Grow Up – June 20-22, 2022
Victoria Convention Centre, Victoria ON

Grow Up – September 12-14, 2022
Niagara Falls Convention Centre, ON

News from Grow Up Media partners