
Health Canada has allowed a phase 2 clinical trial of psilocybin in patients currently undergoing treatment with traditional antidepressants.
What Happened: A phase 2 trial on psilocybin, the active compound in “magic mushrooms,” will be led by Cybin Therapeutics, a privately-held psychedelics company (not to be confused with publicly-listed Cybin Inc. (NYSE: CYBN).