Colorado issues first psilocybin-related licenses, kicking off psychedelic industry rollout
As of Thursday afternoon [2/20/2025], the Department of Revenue’s Natural Medicine Division had approved seven license applications for prospective business owners, including one who wants to open a psilocybin mushroom cultivation and another who hopes to operate a healing center. Additionally, the division issued one license to a local who hopes to work in the nascent industry.
The licenses mark the first step in Colorado’s rollout of a legal psychedelic-assisted therapy industry. Although individuals have received approval from the state, each respective business also needs to be issued a license before it can begin operating. So far, no business licenses have received approval from the Natural Medicine Division, according to state data. Still, regulators at the agency expect the public could have legal access to services in this space as soon as spring [2025].
Original Article (Denver Post):
Colorado issues first psilocybin-related licenses, kicking off psychedelic industry rollout
Artwork Fair Use: Paul Sableman
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