psilocybin securities

Oregon Psilocybin and Securities: Raising Money Right

Oregon psilocybin licensing kicks off in just over a month. We are finally in the home stretch of the two-year run-up following the passage of Measure 109. At this point, many people are forming psilocybin businesses and raising money for these new ventures. What’s old is new again We went through similar business structuring and

phantom income

Psilocybin Companies and Phantom Income

Our Oregon office has been setting up psilocybin companies for clients. This is meat-and-potatoes work for us, as we’ve formed hundreds of schedule I substances businesses in Oregon over the years. I’m referring to cannabis businesses, but psilocybin is similar. Like cannabis companies, most new psilocybin companies end up registering as either LLCs or C-corps.

benefit company

Psychedelics Benefit Companies

The psychedelics movement has a benevolent streak, which may create an influx of benefit companies in the regulated space. In Oregon, the state will regulate the actual practice of medicine out of the program, but many industry operators — manufacturers, service centers and facilitators — are interested in health aspects of psilocybin use nonetheless. Others

psilocybin business

Starting a Psilocybin Business: Write It Down

It’s important for a psilocybin business to operate with written agreements, well ahead of licensure. This post explains why. Statutes and common law are “one size fits all” In Oregon, as in all 50 states, companies are subject to statutes that govern their members, managers, shareholders, directors and officers. The statutes are back-filled by common

psilocybin business investor

Psilocybin Fundraising: Five Tips on Approaching Investors

Businesses and individuals will begin applying for Oregon Health Authority (OHA) psilocybin licenses in two short months. We have been helping people form businesses and raise funds in anticipation of the new program. In some deals we represent the investors; in others we represent the business. This blog post will cover five important considerations for

psychedelics webinar recap

Psychedelics Webinar Recap

Last week, we presented a psychedelics webinar entitled “How to Protect Your Psychedelics Business.” The panelists were Paul Coble from our Phoenix office), me (Griffen Thorne from our Los Angeles office), and Graham Pechenik of Calyx Law in San Francisco. In the webinar, we presented on business law and intellectual property issues that will affect

webinar

FREE Webinar: What Can the Psychedelics Industry Learn from Cannabis Regulation?

Register Here What can the psychedelics industry can learn from cannabis regulation? The answer is probably “quite a bit.” Here at Harris Bricken, we’ve been thinking about this topic for a couple of years. See e.g.: The Psilocybin Movement is Like the Cannabis Movement (Except When It’s Not) Top 10 Lessons from Cannabis for the

psychedelics intellectual property

Reminder: FREE Psychedelics Business Webinar, Next Tuesday 10/25

Register Here In a few short months, the State of Oregon will open up licensing applications for the first state-regulated psilocybin program. Other states – specifically Washington and Colorado – will likely follow suit in the near future. At the same time, ketamine clinics and telehealth operators have proliferated nationally, and a number of groups

psychedelics intellectual property

FREE Webinar: How to Protect Your Psychedelics Business

Register Here In a few short months, the State of Oregon will open up licensing applications for the first state-regulated psilocybin program. Other states – specifically Washington and Colorado – will likely follow suit in the near future. At the same time, ketamine clinics and telehealth operators have proliferated nationally, and a number of groups

psilocybin intellectual property

Oregon Psilocybin: Trademarks & Patents

Welcome to the fifth installment in this series surveying business and regulatory issues in the Oregon psilocybin program. Today I will cover intellectual property considerations for Oregon psilocybin businesses. My law firm has written and presented many hundreds of times on intellectual property and controlled substances over the years. Mostly, this material focused on the