Psychedelic therapy advocates fear high fees will curb Colorado industry before it starts

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When psychedelic-assisted therapy becomes available in Colorado next year, the state will be just the second in the U.S. to regulate the production and use of psilocybin mushrooms.

Oregon’s psilocybin service centers are where people go to have a therapeutic psilocybin experience or a guided trip, if you will. In Colorado, these facilities are called “healing centers.” becomes available in Colorado next year, the state will be just the second in the U.S. to regulate the production and use of psilocybin mushrooms.

But the community stepped up, and within two days, eight people had donated enough money to help Inner Guidance Services reach its goal. While that provided a stopgap, Lafferty doesn’t know how she’ll cover next year’s fee. Challenges like the ones Lafferty described were common in the early days of marijuana legalization, said Rachel Gillette, a Denver-based attorney and head of the cannabis and psychedelics group at the Holland & Hart law firm. Even today, banks, landlords and insurance companies often upcharge businesses that work with federally controlled substances because they’re considered more risky, she said.

“It’s going to take time to build the business so that people understand what it is,” she said. “I don’t see somebody opening their doors for a natural medicine center and having lines out the door like they did on the first day of recreational cannabis. It’s not going to happen.” “The value of this needs to be emphasized more and more for folks. Not just the sticker shock, but the value,” said Kluwe.

 

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