Magic mushrooms are a class of drugs in a promising industry referred to broadly as psychedelics, a market that some believe will reach more than $8 billion in the next few years. Like cannabis, they are considered controlled substances. So, they’re federally illegal, but states like Oregon and Colorado are creating regulated markets. There’s enough promise in psychedelics to pique the interest of a few early adopter cannabis insurance specialists. For our latest podcast we spoke with Tyler Cline, a third-generation broker who owns Cannabis Business Insurance and Psyched Insurance, and Jodi Green, an attorney who represents cannabis businesses and executive director of the Women in Psychedelics Network.
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