Business NewsWith Magic Mushrooms, Small Businesses Lead, Hoping Laws Will Follow
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With Magic Mushrooms, Small Businesses Lead, Hoping Laws Will Follow
An underground economy is thriving as laws around the illegal fungi loosen. Here’s how businesses are rushing to take advantage of the changing paradigms on psilocybin.
An election night watch party on May 7, 2019, for supporters of Ordinance 301, which decriminalized psilocybin mushrooms in Denver. Photographer: Michael Ciaglo/Getty Images North America
(Bloomberg Businessweek) -- It’s hard to miss the bright green banner draped over Vancouver’s Coca Leaf Café that declares: MUSHROOM DISPENSARY. Inside, aging hippies, solitary businessmen, and streetwear-clad youth peruse glass cases filled with a dozen strains of “magic” mushrooms with names such as Penis Envy and Jedi Mind Trick. Also on the menu at the little shop in the city’s rapidly gentrifying Chinatown are mushroom chocolat...