Psychedelic-assisted therapy is revolutionizing mental health, helping patients heal from depression, anxiety, PTSD, and even eating disorders and quitting smoking. So how does that trickle down to mainstream beauty and wellness product development?
In the last couple of years, health centers like Field Trip, Mindbloom and a slew of others have popped up, where therapists utilize psychedelics as a catalyst for self-discovery and healing.According to Field Trip, which has an array of locations across the U.S., Canada and Europe, their clients go from severe depression to mild depression and from severe anxiety to mild anxiety, following a treatment program, usually four or so ketamine-assisted therapy sessions.
While he doesn’t envision psychedelics to be sitting on the shelves at Sephora, Levy believes the evolution of psychedelics will look similar to Planet 13 in Las Vegas. “It’s the world’s largest cannabis dispensary with a restaurant. I foresee a world where there will be psychedelic spas that will have training and licensing requirements. It would be like a cannabis dispensary. Not in terms of physical layout, but with certain safety and security protocols in place.
Similarly, Delphi, a fund with a vision to invest in founders who are changing the face of regenerative farming and holistic health, is raising $50 million to fund companies, both in developing new therapies, care delivery and how medicine gets to people. To that end, Canadian microdose brand, Kind Stranger, is able to ship within Canada, given that market is a bit gray. Additionally, functional mushroom brands that use non-psychoactive mushrooms like chaga and reishi, among others, are excited about the future of psychedelics and are keen to explore the category when it becomes legal.
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