California Advances Regulated Psychedelic Therapy Bill

1.3 min readPublished On: April 17th, 2024By

LOS ANGELES- California’s legislative body has taken a significant step towards the formal integration of psychedelic therapy into medical practice with the Senate Business, Professions and Economic Development Committee’s recent approval of Senate Bill 1012. The bill, championed by Senator Scott Wiener of San Francisco, aims to create licensed centers where adults aged 21 and older can use substances such as psilocybin, MDMA, mescaline, and DMT under professional supervision.

This legislative move aligns with Governor Gavin Newsom’s preference for a measured approach to psychedelic reforms. It marks a notable progression from the previous year when a broader decriminalization bill was vetoed by the governor. Senator Wiener and supporters advocate that the bill will ensure public health by providing a controlled environment for therapy backed by emerging scientific evidence.

The proposed law mandates stringent qualifications for facilitators, including professional health licenses and specialized training, to ensure responsible therapeutic practices. Additionally, it introduces a regulatory framework under the California Department of Consumer Affairs. A new Board of Psychedelic Facilitators would oversee the licensing and operations of these centers, focusing on safety protocols and participant care.

The bill also addresses economic accessibility, requiring that services be priced reasonably to extend benefits across economic classes. It proposes the establishment of a Public Education and Harm Reduction Fund to increase public knowledge on the safe use of psychedelics and their potential benefits and risks.

As SB 1012 moves to the Senate Public Safety Committee for further deliberation, its progress is reflective of a broader shift towards recognizing and integrating psychedelics in therapeutic practices, which could influence future drug policy and mental health treatments in California and beyond.

About the Author: HCN News Team

The News Team at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

Share This Story, Choose Your Platform!