Oregon’s emerging psilocybin mushroom market braces for dose of financial reality
Like many Oregonians who voted to approve psilocybin treatments through Measure 109, Noah Heller was excited about the possibility… Rose City is the first lab in the state to apply for a license and meet Oregon Health Authority requirements for testing the purity and potency of psilocybin mushrooms. “It’s super expensive,” Daniel Huson said of launching a business in the new industry, “which is mind-boggling to me a little bit because [the state] rolled this out as being an equitable plan.”
For businesses paying the high fees to open, there are few options but to pass the costs on to people seeking treatments… Heller broke through years of depression with the help of ketamine, a drug that is commonly used as an anesthetic. Ketamine clinics across the country have seen success as an alternative to more widely used methods for treating depression. Heller hoped psilocybin could be used similarly, but with a lower cost to patients. “Ketamine therapy costs $3,000 just for an initial series, and most folks can’t afford that,” he said. “So I started to do my due diligence about what it would take to open up a psilocybin service center.” What Heller found was a labyrinth of state fees and federal tax pitfalls that were clearly going to make psilocybin in Oregon as expensive as ketamine, if not more costly. Heller is a participant in the Portland Psychedelic Society, and a prominent critic of Oregon’s rollout of the… program.
Original Article (Oregon Public Broadcasting):
Oregon’s emerging psilocybin mushroom market braces for dose of financial reality
Artwork Fair Use: Wikibenchris
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