Marijuana Moment: Psychedelics Group Raises $30 Million From Execs At GoDaddy, SpaceX and Others for MDMA Study

Summary: Marijuana Moment reports on the completion of the influential Capstone Challenge, a $30 million fundraising effort to complete funding for FDA-regulated Phase 3 clinical trials of MDMA-assisted psychotherapy for PTSD, as a milestone for psychedelic research, medicine, and mainstream acceptance. Author and podcaster Tim Ferriss showed his support for the therapeutic potential of psychedelic therapy by contributing to the success of the Capstone Challenge. “Ferriss played a significant role in the fundraising campaign’s success, helping to secure an initial $10 million in philanthropic donations for a challenge grant,” explains Marijuana Moment.

Originally appearing here.