The Johns Hopkins School of Medicine announced the launch of the Center for Psychedelic and Consciousness Research in Baltimore, Maryland. Research at the center will be focusing on how psychedelic drugs like psilocybin and LSD affect mood, behavior, brain function, cognition, and biological markers of human health.
Funding for the center comes from $17 million given from private donors including podcaster, author, and technology investor Tim Ferriss. According to an article in The New York Times, Ferriss is responsible for raising about half the donated amount, including $2 million of his own money. There is currently no federal funding in the US for research into the therapeutic benefits of psychedelic drugs.