Cashing in on Psychedelics
In 1967, ex-Harvard professor Timothy Leary famously coined one of the slogans of 60’s counter culture when he told hippies to “turn on, tune in, [and] drop out.” Psychedelics like LSD became a vital part of what Leary would later call the “graceful process of detachment from involuntary or unconscious commitments.”
Advocating for psychedelics made Leary an academic pariah and a target of the FBI. Had he come along fifty years later, he may have landed a lucrative consulting gig with venture capitalists.
On November 3, Oregon became the first U. S. state to legalize “magic mushrooms” for therapeutic use, following the lead of a few cities like Denver, Oakland, and Ann Arbor. Almost immediately afterwards, articles appeared advising investors how to “take full advantage of this $100 billion (USD) market potential.”
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