A Single Dose Of Psilocybin Appears To Safely Treat Cocaine Addiction, New Study Published By American Medical Association Study Shows
Key Takeaway
A single dose of psilocybin, coupled with psychotherapy, appears to be a "safe and efficacious" treatment option for people with cocaine use disorders (CUD), according to a new study published by the American Medical Association (AMA). The findings about the psychedelic, published in JAMA Substance Use and Addiction on Thursday, are especially promising given that
What This Means for Cannabis Businesses
Tax developments like this directly impact the bottom line for every cannabis operator. With Section 280E creating effective tax rates above 70% for many businesses, any shift in federal tax policy - whether through rescheduling, court rulings, or IRS guidance - can mean the difference between profitability and closure. Cannabis business owners should work closely with a specialized CPA to understand how these changes affect their specific situation.
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This analysis is based on reporting by Marijuana Moment. Read the original article. CannaBizGuide provides original commentary and analysis - this is not legal or tax advice.