D216 at reMIND Psychedelics Business Forum
We had a fantastic time learning, sharing, and networking at the first annual reMIND Psychedelics Business Forum in partnership with MJBizCon.
Some key takeaways from this quickly growing psychedelics industry include:
The Psychedelics industry is NOT merely Cannabis Industry 2.0.
Psychedelics is a service, cannabis is a commodity.
For US based businesses, Native American reciprocity will be a cornerstone of authentic and respectful psychedelics companies.
Paradigms of access of psychedelics include: clinical, therapeutic, ceremonial, community, spiritual, personal/private, religious, and more.
Religious use of psychedelics as sacraments are critical as federal and state laws protect the free exercise of religion.
Interests to legalize drive us to draft legislation & initiatives > create task forces & working groups > start advisory boards, agencies & committees.
The addressable market will massively grow with new laws granting access… 16% of consumers surveyed said they will try psychedelics once they are legal, 21% said they may, and 17% are still undecided.