News Oregon’s psychedelic mushroom regulators accused of conflict of interest

[thegreenhand]

Oregon’s psychedelic mushroom regulators accused of conflict of interest​

Mattha Busby
The Guardian
13 Mar 2022

The chair of a board advising on the legalisation of psychedelic mushrooms in Oregon has resigned after being accused of standing to profit financially from the potentially $1bn industry he is helping to shape.

In 2020, after a landmark US-first vote, Oregon legalized the therapeutic use of psilocybin. But the ructions at the board could throw the whole industry into disarray.

The state governor appointed an advisory board to help implement the trailblazing reforms, for rollout in January next year.

According to local media reports, however, some members of the board have allegedly announced or indicated their plans to invest in the industry.

Former chair Tom Eckert, who led the campaign to pass the psilocybin ballot, has created a company to train magic mushroom therapy facilitators.

Read the full article here.

 

[Atomic_Decay]

That revolving door between regulators and companies exists in every industry that the government regulates.

No regulation = no possibility for corruption