Due to the novelty of the psychedelic market, Cannacore Group understands that having an expert Team behind you to overcome the complex regulatory obstacles is essential to ensuring your success. If you are interested in discussing your options, contact our Team today. We look forward to working with you!
MIAMI, May 19, 2023 /PRNewswire-PRWeb/ -- The Magic Mushroom's Continuous Legalization Across the United States
In 2020, Oregon became to first state to legalize psilocybin for therapeutic purposes through [Measure 109, which was approved by a 55.75% majority vote. Due to the passage of the Psilocybin Program Initiative, licensed service providers are allowed to prescribe psilocybin products to patients 21 or older. Under the Oregon Health Authority's framework, there are four (4) types of available licenses: (1) Service Center; (2) Manufacturer; (3) Facilitator; and (4) Psilocybin Testing Laboratory. Per the Oregon Psilocybin Services' spring newsletter, there have been 11 applications submitted for Service Center licenses, 16 applications submitted for Manufacturer license, 27 applications submitted for Facilitator licenses, and 2 applications submitted for Laboratory licenses. Presently, only 2 licenses have been awarded thus far.
Two years after the City of Denver decriminalized the use of psilocybin for adults 21 and older, the state of Colorado passed Proposition 122 in 2022 to legalize psychedelics, specifically psilocybin for therapeutic uses in mental healthcare. The appointed Natural Medicine Advisory Board will make its first recommendations by September 30th for regulatory oversight, so clinics can begin offering psilocybin by late 2024. Due to its more expansive legislation, Proposition 122 further allows officials to develop similar programs by 2026 for other psychedelic substances like DMT, ibogaine, and mescaline (excluding peyote).
Although Oregon and Colorado are the only "legalized" markets presently, several other states and cities are beginning to not only decriminalize the use of psilocybin, but also expanding their research initiatives. Washington DC has decriminalized its use, as well as several cities within Michigan, Massachusetts, and Washington. Further, numerous states have either passed or initiated bills to promote research into the medical and potential of psilocybin for a variety of conditions. Such states include: Arizona, Hawaii, Missouri, Montana, New Hampshire, New Jersey, Utah, and more!
Who is Cannacore Group?
Cannacore Group is a team of experts with a passion for building successful businesses specializing in controlled substances from its initial start-up phase to a fully thriving operational business. From assisting our clients in identifying new markets to target to bringing in additional resources such as funding and an operational team from an expansive network, the Cannacore Group team works with clients side-by-side to ensure we can achieve their goals. Through extensive collaboration with clients across the United States, Cannacore Group has successfully supported marijuana businesses in 10+ states and have achieved an overall success rate of ~85%. Due to Cannacore Group's work with legal markets from its initial onset, Cannacore Group has a deep understanding of the array of complex regulations that are key to obtaining a prosperous business license. As such, we are bringing our unique experiences and expert skillset garnered from working in highly regulated industries to the psychedelic markets in Oregon and Colorado to further assist innovative enterprises.
Founder/CEO, Paula Savchenko, Esq., has spent her career tailoring her services to each client's individual needs. From liquor and tobacco licensing to cannabis business licensing, she has led the Cannacore Group in developing proven Standard Operating Procedures to ensure continuous success pre- and post-licensure. With a Team that has over 19+ years of combined knowledge and experience in regulated industries, Cannacore brings a unique and innovative perspective to each application as we have worked in various states from vertically integrated systems to individual licensing. Cannacore Group's goal is to set our clients apart from the rest through strategic partnerships, foundational relationships with local partners and entities, and trailblazing community outreach and development.
How Can CannaCore Group Help You Achieve Your Goals in the Psychedelic Market?
To enter the legal psychedelic market, there are various regulatory requirements that are demanded by the state. Due to the relative similarity of the psychedelic licensing market and cannabis business licensing industry, the Cannacore Group team has an in-depth understanding of how to successfully meet all such requirements to ensure your team creates a strong, trusting relationship with the state's regulatory body. Depending on your team's needs, Cannacore Group offers an array of services to best meet your current and future goals. From building a team, including local partners and organizations, to introducing you to our network of lobbyists and expert industry professionals, we will make sure you have a strong group to enter such competitive markets. Further, Cannacore Group will provide proven Standard Operating Procedures and personalized narratives to ensure we represent your team as an efficient, turnkey group who is eager and ready to enter the industry. Cannacore Group will collaboratively develop innovative strategies to help differentiate your team from the rest through tactical funding, community outreach initiatives, and identifying ideal facilities.
With psilocybin legalization on the rise, Oregon has provided the initial template of what licensing for psychedelic businesses, specifically those still federally classified as a Schedule I drug, will look like. From residency ownership requirements to mandating locality approval, we will help your team overcome any and all regulatory requirements regardless of how each state adapts the process to their specific needs.
Contact Us Today!
Due to the novelty of the psychedelic market, we understand that having an expert Team behind you to overcome the complex regulatory obstacles is essential to ensuring your success. If you are interested in discussing your options, contact our Team today at mailto:[email protected] [[email protected] __title__ null] or via our website: https://www.cannacoregrp.com/contact/
We look forward to working with you!
Paula Savchenko, CannaCore Group, 1 (561) 888-0874, [email protected]
SOURCE CannaCore Group