A California campaign has withdrawn its proposed ballot initiative to create a $5 billion state agency tasked with funding and promoting psychedelics research. That leaves two separate campaigns left to put psychedelics reform on next year's ballot after the governor vetoed a bill to legalize possession of substances like psilocybin and begin work to establish regulated access.
Just weeks after supporters began collecting signatures for the Treatment, Research, Education, Access and Therapies (TREAT) California Act, the campaign announced on Thursday that it is suspending the effort.
The decision was informed by recent polling from the firm FM3 Research, which showed 60 percent...
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