Submitted by woody_DD11 t3_109d2jn in Washington
BarLiving t1_j44vycx wrote
Reply to comment by Klaus_Unechtname in We need your help getting psilocybin medicine legalized in Washington! by woody_DD11
I think the Oregon proposal is two therapists. My non-psychedelic therapist bills $180 an hour, so we’ll use that. $180 x 2 = $360/hr x 6+ hour trip = $2160. Lets really shoot lowball for preparation and post integration at 2 hours each for one therapist. 4 x 180 = $720. 2160 + 720 = $2880 per session, with 2-3 sessions needed. $5760 to $8640. That’s probably very low end.
That’s not even counting the logistics, security, and dispensing of the dose to the patient. Mass commercial production really wouldn’t make financial sense unless there was some sort of novel patent on a compounded formulation, say psilocybin and a mild sedative or anti-nauseal, which would come with its own Pharma-branded price tag. Total Customer Lifetime Value is low since they’ll likely not do multiple multi-session series, so price that accordingly. $100 a session is probably insanely low, so now you’re $6000-9000 deep. Add in overhead, insurance costs, etc. We’ll lowball that too, at 10% markup… $6600 to 9900.
Build that out with a whole scheme of credentialing, training programs, state regulation burden, etc. It’s not hard to imagine the dollar signs flashing in the mind’s eye of investors to build that out, and of course, price in their risk for this emerging market.
Compare to $4 of Uncle Ben’s rice, $10 for two bricks of coco coir, a $3 plastic tub, and a $15 syringe of spores/culture. $33 will get you 2-3 flushes per tub, with enough coir and spores to run 4-5 crops to heal your entire extended family many times over.
Regulatory capture is absolutely INSANE for something you can grow in your closet, which is impossible to overdose, rapidly creates immunity/tolerance, and is anti-addictive. Absolutely batshit crazy.
BarLiving t1_j47aboz wrote
Oh no, a downvote, but can’t show me where I’m wrong.
Klaus_Unechtname t1_j49rsil wrote
I suppose the rationale is that this bill is a stepping stone towards recreational legalization. Like how marijuana was first legalized medically, then decimalized, then legalized recreationally.
I guess I don’t want to admit that medical legalization is a necessary step because the heal are industry is so messed up in this country :/
Maybe supporting this bill is the best move
BarLiving t1_j49u6fq wrote
I really think it’s different. You didn’t have 10 different hands, patents, and other IP in every nug of week quite like the pockets funding the studies and therapy schemes for every proprietary pill formulation. You bought it and you took it home. I’m not convinced that those interested and well-funded parties will be so quick to relinquish control and NPV of those investments once the money starts flowing. Likely, they will use their capital to extend their protections through rent-seeking regulation. Is it better than nothing? Sure. But decrim is far better.
Viewing a single comment thread. View all comments