Toby Howell
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But the administration says factors like the rise of opioid deaths and veteran suicides show it's time to speed up research and potential approval processes.
Joe Rogan, who was in attendance for the signing, likely played a factor too.
Rogan has long advocated about the potential benefits of psychedelics, particularly the little-known substance Ibogaine, and texted the president asking about increasing access.
Sometimes all you have to do is ask because apparently Trump responded saying, "'Sounds great.
Do you want FDA approval?'
Now, this order does not immediately shift any psychedelics out from the Schedule 1 drug category, nor does it grant any FDA approvals, but it does do things like pave the way for more tests and pilot programs.
Neil, it appears Trump is pretty on board with this, specifically Ibogaine, because at the signing he said, can I have some, please?
Yeah, and it also is getting a little money coming its way.
This bill that Trump is signing provides $50 million for state-level research into Ibogaine.
So Texas probably is the state that has gone the deepest already.
on this particular substance.
They've already committed $50 million to studying Ibogaine as well.
But again, a lot of these research efforts run into red tape because if you are a Schedule I drugs, it is very difficult to get any sort of federal funding to conduct clinical trials, to go through the hoops that you need to go through to obtain
FDA approval.
This is also a big win for something like MDMA, which has been inching towards FDA approval.
They are currently undergoing additional phase three clinical trials there.
So anytime you can strip away red tape from this industry, people who have been researching for a long time say it is a good thing because it is mighty difficult to overcome that schedule one classification.
All right, we're going to take a quick break and come back with Neil's winner of the weekend.
Neil, it feels like everyone's trying to get more protein these days.
I think I'll stick to FlavCity's all-in-one protein smoothies.