In this issue of Forbes Daily: - What to know about the coup against Putin - Over 3,500 unionized Starbucks employees will strike - Warren Buffett donated $4.6 billion worth of stock Read more:
—or 25% of his stated net worth—to research and businesses trying to develop psychedelic drugs such as MDMA, psilocybin and other hallucinogens into U.S. Food and Drug Administration-approved medicines. He hopes to inspire other high-net-worth individuals to do the same.
for various conditions. One study found that 67% of participants who received MDMA combined with psychotherapy no longer qualified for a PTSD diagnosis two months after treatment, compared with 32% in the placebo group. But there’s a major legal hurdle: Drugs like psilocybin, the active ingredient in magic mushrooms, MDMA, and LSD are all categorized as Schedule I drugs on the federal level, meaning they are deemed dangerous and lacking medicinal value.
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