Obviously the Future: Psychedelics as Medicine

Originally published here.

Problem/Opportunity: Hundreds of millions of people around the world suffer from drug abuse. Globally, 322 million suffer from major depressive disorders and 264 million from anxiety. One in five Americans suffers from some form of mental illness.

It’s a visible problem in society, and it’s expensive. The World Economic Forum estimated that in 2010, the global cost to treat all mental health illnesses was US$2.5T (with 2/3 as indirect costs).