Medicine/Healing

Psychedelic biotech MAPS PBC rebrands to Lykos following FDA filing, scores $100M financing

MAPS PBC [Public Benefit Corporation) has rebranded to Lykos Therapeutics [a for-profit public benefit corporation (“PBC”)], (“Lykos”), the greek word for wolf.  MAPS PBC spun out of its parent organization MAPS (Multidisciplinary Association for Psychedelic Studies)… clinical development effort of MDMA-assisted therapy [midomafetamine capsules used in combination with psychological intervention], which includes talk therapy, and…

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Biography/Memoir

DEA tells Congress it has ‘final authority’ on marijuana, regardless of health agency’s Schedule III recommendation

In a letter sent to Congressional Cannabis Caucus co-chair Rep. Earl Blumenauer (D-OR), DEA Acting Chief of the Office of Congressional Affairs Michael Miller gave a general overview… “DEA has the final authority to schedule, reschedule, or deschedule a drug under the Controlled Substances Act, after considering the relevant statutory and regulatory criteria and HHS’s…

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Politics

MAPS PBC announces new American Medical Association CPT III codes for psychedelic-assisted therapies take effect

MAPS PBC [Public Benefit Corporation] and COMPASS Pathways collaborated to work with the AMA [American Medical Association] to create these new CPT III codes.  These are temporary codes assigned to emerging technologies, services and procedures, to facilitate reimbursement and support access to psychedelic therapies in the United States, if such therapies receive regulatory approval by the…

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Biography/Memoir

A federal task force is moving up the ranks of Portland’s fentanyl trafficking rings

…a new criminal complaint suggests the outlines of the case that federal authorities are building. That criminal complaint, filed Dec. 12, 2023, in U.S. District Court in Portland, reveals that law enforcement are investigating a trend of drug trafficking organizations using “Honduran nationals to distribute bulk amounts of fentanyl…in the western United States.” It names…

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Politics

In Southern Oregon, illegal cannabis has overwhelmed the legal industry

Next year marks the 10th anniversary of legalizing the cultivation and sale of recreational cannabis in Oregon.  Economist Beau Whitney estimates 1 million pounds of dried pot were grown legally this year in Oregon. But Whitney estimates another 3.1 million pounds of illegally grown Oregon cannabis will be diverted across state lines. By Whitney’s calculations,…

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