| By Mike “Zappy” Zapolin, Co-editor, Palm Beach Special Opportunities In 1971, President Richard Nixon signed the Controlled Substances Act, which banned the use of psychedelics. At the time, the pharmaceutical industry was about to launch a new slate of antidepressant drugs. Big Pharma knew these drugs would be a moneymaking machine because patients had to take them every day for the rest of their lives. So the pharmaceutical industry pressured the government to make psychedelic compounds – which can have antidepressant effects – illegal… then went on a campaign to destroy the indigenous cultures behind many of these alternative medicines. The government propaganda campaign against psychedelics became ingrained in American society. And it led to the misunderstanding and taboo of these compounds that persist today. Thanks to the greed and influence of Big Pharma, many people who suffered from mental illnesses haven’t been able to legally access the treatment options they deserve for decades. This injustice restricted testing of these compounds, setting back years of research. Scientists had to wade through a sea of red tape to study the benefits of psychedelic treatments. They risked jail time if they ran afoul of state or federal laws. History will look back on this 50-plus-year prohibition on psychedelic compounds as one of the greatest insults to human evolution and mental health. Things finally started to shift with the advent of the internet and the democratization of information. People have been empowered to do their own research. Society realized it’s not necessarily in the financial interest of pharmaceutical companies to cure disease… but rather, just to treat the symptoms. So a group of small innovators emerged to start producing plant-based medicines to treat mental disorders at their roots. Now, during the crisis and aftereffects of COVID-19, there’s been a renaissance in how society thinks about the opportunity for these powerful therapeutic compounds. Ironically, the very same pharmaceutical companies that once suppressed psychedelics are now coveting them and targeting them for acquisition… And as interest ramps up, we believe we’re on the cusp of the next multitrillion-dollar market. | Recommended Link | | “The Biggest Prediction of My 40-Year Career” You could have doubled your money 10 different times after Jeff Clark predicted the 2008 crisis… 6 different times after he predicted the 2020 crash… And 14 different times so far in 2021. But on Thursday, July 22nd, at 8 p.m. ET, Jeff Clark is stepping forward with his biggest prediction yet… He’ll explain why the coming weeks will be a nightmare for buy-and-hold investors… but a TRADER’S PARADISE that could make you more money than you’ve ever made in a single year. | | | -- | Aren’t Psychedelics Dangerous? Now, it’s true psychedelics can be dangerous if abused. But the same applies to all drugs. For example, Advil is one of the most dangerous drugs in America – if you take too much of it. And legal substances like cigarettes and alcohol kill millions of people each year because users abuse them. When it comes to the medical use of drugs, we shouldn’t necessarily frame the argument around what’s legal or illegal… but how the government classifies a drug. Let me explain… Today, the government classifies psychedelics as Schedule I, which includes marijuana and MDMA (also known as the party drug “ecstasy”). Up 5X More Than Bitcoin… According to the government, these drugs have high potential for abuse and no currently accepted medical use in the U.S. As I’ll show you in a moment, nothing can be further from the truth for psychedelics. I believe Schedule III is the category psychedelics belong in and will eventually be reclassified as. Drugs in this category have accepted medical use… but may lead to moderate or low physical dependence or high psychological dependence. Schedule III classification would put psychedelic substances in the same category as drugs including Tylenol with codeine, anabolic steroids, and Vicodin. The government would still regulate them… but would also recognize them for their medical benefits. Here’s why I believe Congress will eventually reschedule psychedelics as Schedule III… Psychedelic Therapies Are Going Mainstream Research shows psychedelic compounds can treat some of the most severe and expensive medical conditions in the world. And they do it better, faster, and at a fraction of the cost of traditional medicines. For example: In 2017, the FDA granted “breakthrough therapy” designation to MDMA-assisted psychotherapy for PTSD. The designation allows companies to speed up development and review of drugs intended to treat serious conditions. Phase 3 clinical trials should be complete this year, meaning the FDA could approve the treatment as early as 2022. In 2018, the FDA also granted “breakthrough therapy” designation to Compass Pathways (CMPS). The company uses psilocybin (a psychedelic compound naturally found in fungi) for treatment-resistant depression. In 2019, the FDA gave the same designation to the Usona Institute, which uses psilocybin to treat major depressive disorder. Pharma giant Johnson & Johnson (JNJ) recently released Spravato, its own FDA-approved drug to treat people suffering from depression. It’s a fast-acting nasal spray that uses a form of the psychedelic ketamine, the so-called party drug “Special K.” This last development is particularly impactful. Right now, retired and active-duty military personnel take their own lives a staggering 20.6 times per day. This approval could help lower that rate and save thousands of lives. Former VA Secretary Robert Wilkie hailed this milestone: We’re pleased to be able to expand options for veterans with depression who have not responded to other treatments. It reflects our commitment to seek new ways to provide the best health care available for our nation’s veterans. And there’s news of adoption on the regulation front, too. In May 2021, the Texas Senate passed a bipartisan bill allowing a study on psilocybin therapy to treat PTSD in veterans. So we’re moving toward broader acceptance of psychedelic medicines and therapies. It’s only a matter of time before they become widespread. | Recommended Link | | Big Banks are pulling off a masterstroke of propaganda… at YOUR expense. Wall Street loves to pump up assets before they're available to the public… and then cash-in. But right now, there's a tiny subsector that allows you to get in before Wall Street. For once, you get to invest BEFORE they do. And a tiny investment in this small corner of the tech market could turn a modest stake into $1,052,477 for your retirement. | | | -- | Your Chance to Be Early and Right Psychedelics are helping solve a global healthcare crisis that costs society an estimated $3 trillion in health expenses and lost productivity. That’s why Palm Beach Daily editor Teeka Tiwari calls this trend his next “trillion-dollar trade.” And you have a chance to get in early… and position yourself in the right companies. You see, individual investors have an early advantage over institutions. That’s because institutions have to wait until stocks are large enough to trade on the world’s biggest exchanges. Geting in before the institutions puts you way ahead as these companies grow and money floods into this space. That’s why I joined Teeka and Palm Beach Research Group. We believe certain stocks in this burgeoning market have the potential to beat a century’s worth of stock market gains in the next 18 months. Last week, we held a special event to explain how you can access the right companies for explosive profit from this trend. By coupling my expertise in the psychedelic space with my background on Wall Street, it’s been easy for me to analyze and select the best-of-breed companies. And now that I’ve joined Teeka, we plan to bring these life-changing ideas to Main Street. You don’t want to miss out. So click here to watch the free replay of our presentation. Peace, Zappy Like what you’re reading? Send your thoughts to feedback@legacyresearch.com. IN CASE YOU MISSED IT… (Bizarro World) Facebook set to launch new cryptocurrency? But that’s just the tip of the iceberg. This firm’s research shows there’s a bigger story coming… And they say it could forever change the way you save, spend, invest, and retire. Consider yourself warned. This story is unfolding quickly… And once it hits the mainstream, it’s going to be too late… You can get all the details you need to prepare for this massive change – as well as profit from it – by clicking the button below. Learn the full details here. 
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