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Home»Government»Rhode Island is One Step Closer to Legalizing Psilocybin for Therapeutic Use and Cultivation
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Rhode Island is One Step Closer to Legalizing Psilocybin for Therapeutic Use and Cultivation

James TaylorBy James TaylorJune 6, 2023Updated:June 6, 2023No Comments2 Mins Read
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Rhode Island is moving forward in its efforts to reform its policies on psychedelics by approving a bill that could legalize psilocybin mushrooms. The bill, introduced by Representative Brandon Potter, received a 12-2 favorable vote from the House Judiciary Committee, according to Marijuana Moment.

If the bill is enacted, it would decriminalize the possession and cultivation of up to one ounce of psilocybin for personal use. Individuals would be allowed to share this amount with other adults beginning July 1st. The bill also includes a provision that is dependent on federal action. If the federal Food and Drug Administration (FDA) reschedules psilocybin, the Rhode Island Department of Health would be responsible for establishing regulations concerning cultivation, distribution, and medical prescription.

Aside from the decriminalization aspect, the bill also addresses the potential therapeutic use of psilocybin. In the event that the FDA expands its access program for this psychedelic substance, the state health department would need to approve specific locations where psilocybin could be administered to patients suffering from severe mental or behavioral health disorders, particularly for those who lack access to effective medications.

To ensure transparency and accountability, the bill includes a sunset clause, set for July 1, 2025. Before this date, the state Attorney General would be obligated to provide comprehensive report to legislative leadership outlining any violations concerning psilocybin possession, cultivation, and distribution. Additionally, the head of the health department would be required to submit a separate report examining FDA scheduling of psilocybin for treating mental or behavioral health disorders.

With the FDA acknowledging the therapeutic potential of psilocybin and designating it as a breakthrough therapy, the expected approval for psilocybin and possibly MDMA for therapeutic use in the near future has prompted US health officials to explore the creation of a task force for psychedelics. This highlights the growing interest in potential policy reforms. While the bill has cleared the House Judiciary Committee, it still has to go through the House floor for further consideration.

Source: Marijuana Moment

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Image Credit: Timothy Dykes on Unsplash

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James Taylor
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A writer and finance enthusiast who loves diving into the exciting world of stocks, commodities, forex, and crypto. I'm all about making the financial markets less intimidating and more accessible, so I write engaging content that simplifies complex concepts and shares practical investment strategies. Whether you're a seasoned investor or just getting started, I've got your back! But hey, life isn't all about work, right? On weekends, you'll find me hanging out and having a blast with my awesome friends and family. We love bonding over shared interests, trying out new adventures, and simply enjoying each other's company. Striking that balance between work and play is super important to me, because what's the point of success if you can't share it with the people you love? So, if you're up for some financial market insights and a good dose of weekend fun, stick around! Together, we'll navigate the money world and make the most of our time off. Let's learn, grow, and create memories along the way!

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