‘I don’t think the industry can survive this’: Oregon regulators propose steep psilocybin fee hikes

Oregon's regulators are looking to significantly raise fees for the psilocybin industry, which is still in its early stages. Critics argue that these steep increases could make the cost of legally accessing psilocybin-based therapies prohibitively expensive, potentially driving more businesses out of the market. This move is raising alarms among industry stakeholders who fear it could stifle the growth and accessibility of innovative mental health treatments derived from mushrooms. The proposed changes could have far-reaching implications for both the industry and the patients who rely on these emerging therapies.