Psychedelics – June 23, 2025

Spent last week in Denver, CO checking out the Psychedelics Science Conference for the company that I am currently working doing strategic business development. Wayne Gretzky says, “skate to where the puck is going to be” and that is the general consensus w/ regards to this community.

It was an interesting perspective for me because, on the one hand my company CHEORS does HEOR/RWE. Basically during the clinical trial phase a LOT of data is spun off, or past CT’s or literature in peer-review articles, etc. etc. Our job is to take all that data and either doing some modeling or ‘RWE – real world evidence’ or evidence synthesis to tell your particular value story. That’s what we do and we do it quite well …

On the other hand, I’m on the board of directors for http://www.behindthinlines.com and we work supporting education and research for entheogenic modalities.

Personally, I’ve done psychedelics and, no kidding, it’s one of the most powerful experience (s) 😉 of my life. I DO NOT do them recreationally because, frankly, that is not in the spirit of the ceremony.

So, it was like the scene from Animal House where both the angel and the devil appear on opposites sides of his shoulder … pharma vs ceremony.

I’m not going to claim to know the answer – I don’t. A blend of ceremony and science – that’s the answer. Compromise people … 🙂

Not all Pharma is bad pharma … I’ve worked in the industry for almost 10 years providing patient support services and am currently knee deep in the biotech world. It’s actually quite fascinating. Think about the intricate nature of the body and the quantum computer it is and … you’re telling me you can find a unique pathway and molecule that not only will interact w/ this temple, but also fix it? Pretty impressive …

Yet, on the other hand, how can a plant or secretions from a toad impact the quantum computer projection device called the brain? Completely bypass your reticular activating system and limbic system to propel you into the void or colloidal condition where ‘stillness’ does exist?

Who knows …

I’m betting that the ‘blend’ of science/ceremony will find common ground and merge – those who want ceremony, go into door 1. Those who want the PROVEN therapeutic value these entheogenic plants can give you, and nothing else (no hallucinations), go into door 2.

PSIL – I’ve been long for a while and just want to update you on ETF that tracks this nascent (trust me – VERY) sector. For this count to remain valid, price cannot close below “c” or less than 9-10 bucks. Big readout today. Check it out:

Compass Pathways’ Psilocybin Clears First Phase 3 Hurdle