• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns

2

Anthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access

3

U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim

1

Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns

2

Anthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access

3

U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
PoliticsColorado

Colorado could join Oregon as the 2nd state to decriminalize ‘magic mushrooms’ on election day

By
Thomas Peipert
Thomas Peipert
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Thomas Peipert
Thomas Peipert
and
The Associated Press
The Associated Press
Down Arrow Button Icon
November 3, 2022, 12:14 PM ET
Jason Lopez
Jason Lopez, a proponent of a Colorado general election ballot measure to decriminalize psychedelic mushrooms, is shown on his family's property Sunday, Oct. 30, 2022, near Morrison, Colo. AP Photo/David Zalubowski

Fresh off his third tour of duty in Iraq and Afghanistan, Jason Lopez awoke in crisis from an alcohol-induced nap during a family gathering in Colorado in 2014. The Army Special Forces soldier, thinking he was once again in battle, grabbed the heavy coffee table in front of him and threw it across the living room.

“(I was) coming out of an intense panic situation, thinking I was in, literally, hand-to-hand combat and not knowing whether I was dreaming or what was reality,” recalled Lopez, now 34 and out of the military.

Recognizing he was experiencing symptoms of PTSD, Lopez dismissed taking strong synthetic drugs he says are often prescribed by the Department of Veterans Affairs. Instead, he turned to what he had dabbled with for much of his life: psychedelic mushrooms.

Lopez is among a group of veterans, natural medicine proponents, mental health advocates and entrepreneurs backing a ballot initiative in Colorado this November that would decriminalize so-called “magic mushrooms” for those 21 and older and create state-regulated “healing centers” where participants can experience the drug under the supervision of a licensed “facilitator.” Military veterans like Lopez have been at the forefront nationally of trying to persuade lawmakers to study psychedelic mushrooms for therapeutic use.

If the initiative passes, Colorado would join Oregon in establishing a regulated system for substances like psilocybin and psilocin, the hallucinogenic chemicals found in some mushrooms. After June 1, 2026, Colorado would allow an advisory board to add other plant-based psychedelic drugs to the program, including dimethyltryptamine, commonly known as DMT, ibogaine and mescaline not derived from peyote, a type of cactus that some conservation groups are trying to protect.

The ballot initiative comes a decade after Colorado voted to legalize recreational marijuana, which led to a multi-billion-dollar industry with hundreds of dispensaries popping up across the state.

Proponents argue that jailing people for the non-violent offense of using naturally occurring substances costs taxpayers money. They also say the state’s current approach to mental health has failed and that naturally occurring psychedelics, which have been used for hundreds of years, can treat depression, anxiety, addiction, post-traumatic stress disorder and other conditions.

“When I’m on psychedelics, for example, like mushrooms or psilocybin, it opens my eyes to the beauty of the world, the love that I have for the world. … All of that anger, or being upset or frustrated … it dissolves. It melts away,” said Lopez, who also took part in the successful campaign to legalize recreational marijuana in Colorado.

But critics of the latest ballot initiative note that the Food and Drug Administration has not approved the psychedelics as medicine. They also argue that allowing “healing centers” to operate, as well as allowing private personal use of the drugs, would jeopardize public safety and send the wrong message to kids and adults alike that the substances are healthy.

“I am going to take medical advice from doctors and scientists over entrepreneurs any day of the week,” said Luke Niforatos, the head of the ballot committee, Protect Colorado’s Kids, which opposes drug legalization and decriminalization efforts. “We should listen to the American Psychiatric Association. We should listen to the FDA. We should listen to our doctors. We should not be listening to people with a profit incentive.”

Niforatos said the same deep-pocketed players who have pushed for legalizing recreational marijuana in various states are behind the latest initiative and are using a “drug legalization playbook” to create a commercial market that could eventually lead to recreational dispensaries for dangerous and federally illegal substances.

Natural Medicine Colorado, the group behind the initiative, has raised about $5.4 million. About three-quarters of that — $4.2 million — has come from New Approach PAC, a national drug policy group that also is financing marijuana measures in some other states.

“They started with medical marijuana and then went to recreational marijuana. Now they’re starting with medical psychedelics. We can only assume that they’ll go to recreational psychedelics from here,” said Niforatos, whose group has raised about $50,000. He warned that the use of the drugs could cause prolonged psychosis, persistent hallucinogenic disorders and lead to impaired driving.

Mason Tvert, who spearheaded the campaign to legalize recreational marijuana in Colorado in 2012, said the push to decriminalize psychedelic mushrooms and other natural substances differs from the recreational marijuana campaign because, this time, voters are not being asked to allow dispensaries.

“We’re voting on whether to allow (psilocybin) in very limited environments involving a great deal of control and safety and professionals,” said Tvert, a partner a VS Strategies, a Denver-based drug policy and public affairs consulting firm.

The psychedelics that would be decriminalized if the initiative passes are listed as schedule 1 controlled substances under state and federal law and are defined as drugs with no currently accepted medical use and a high potential for abuse.

Even so, the FDA has designated psilocybin a “breakthrough therapy” to treat major depressive disorder. The designation can expedite research, development and review of a drug if it might offer substantial improvements over existing treatments.

A preliminary study published Wednesday in the New England Journal of Medicine also found that psilocybin may ease depression in some hard-to-treat patients. The modest effects waned over time, but they helped people who previously had gotten little relief from standard antidepressants.

Colorado’s ballot initiative would allow those 21 and older to use, grow, possess and share the psychedelic substances but not sell them for personal use. It also would allow people who have been convicted of offenses involving the substances to have their criminal records sealed.

Those who want to use mushrooms would not need approval from a doctor. In addition to being able to grow and use their own mushrooms, those who want to try the therapy could do so through the newly formed “healing centers,” which would be allowed to supply clients with mushrooms but not sell them. Instead, clients would pay for the services of the “facilitator” at the center.

In 2020, Oregon became the first state in the nation to legalize the therapeutic, supervised use of psilocybin after 56% of voters approved Ballot Measure 109. But unlike Colorado, the state allows counties to opt out of the program if their constituents vote to do so.

In Colorado, counties and municipalities would be able to regulate “healing centers” but not ban them.

Oregon’s initiative is expected to take effect at the beginning of next year, and if passed, Colorado would start outlining regulations no later than the beginning of 2024.

Washington, D.C., and Denver have already partially decriminalized psychedelic mushrooms by requiring law enforcement officers to treat them as their lowest priority. Outside of certain scientific research contexts, the substances would remain illegal under federal law even if Colorado’s initiative passes.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Authors
By Thomas Peipert
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Trump at 80 works to project strength as political woes mount
PoliticsDonald Trump
Trump at 80 works to project strength as political woes mount
By Catherine Lucey and BloombergJune 13, 2026
2 hours ago
Trump to name one of his personal lawyers for powerful Southern District of New York, which handles terrorism, espionage, and securities cases
PoliticsDepartment of Justice
Trump to name one of his personal lawyers for powerful Southern District of New York, which handles terrorism, espionage, and securities cases
By Fatima Hussein, Eric Tucker and The Associated PressJune 13, 2026
4 hours ago
Trump says he’ll sign deal with Iran to reopen Hormuz Sunday
PoliticsIran
Trump says he’ll sign deal with Iran to reopen Hormuz Sunday
By Arsalan Shahla, Maria Paula Mijares Torres and BloombergJune 13, 2026
8 hours ago
The real star of the UFC fight at the White House may be the Claw: a behemoth cage constructed for the Octagon
PoliticsUFC
The real star of the UFC fight at the White House may be the Claw: a behemoth cage constructed for the Octagon
By Dan Gelston and The Associated PressJune 13, 2026
11 hours ago
Trump to talk with allies at G7 summit in the coming week about removing mines from the Strait of Hormuz as deal to end Iran war nears
PoliticsIran
Trump to talk with allies at G7 summit in the coming week about removing mines from the Strait of Hormuz as deal to end Iran war nears
By Munir Ahmed, Samy Magdy, Aamer Madhani and The Associated PressJune 13, 2026
11 hours ago
Workers start removing Trump’s name from the Kennedy Center, but there’s little on the venue’s schedule after a few upcoming events
PoliticsDonald Trump
Workers start removing Trump’s name from the Kennedy Center, but there’s little on the venue’s schedule after a few upcoming events
By Steven Sloan and The Associated PressJune 13, 2026
12 hours ago

Most Popular

Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
By Sydney LakeJune 13, 2026
17 hours ago
Anthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access
AI
Anthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access
By Jeremy KahnJune 13, 2026
22 hours ago
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
Energy
U.S. energy secretary says 7 million barrels of oil exiting Persian Gulf daily, but Chevron CEO rebuts the claim
By Jordan BlumJune 12, 2026
1 day ago
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
By Catherina GioinoJune 9, 2026
5 days ago
Current price of oil as of June 12, 2026
Personal Finance
Current price of oil as of June 12, 2026
By Joseph HostetlerJune 12, 2026
2 days ago
SpaceX CFO Bret Johnsen quietly engineered its historic IPO and became an overnight billionaire
C-Suite
SpaceX CFO Bret Johnsen quietly engineered its historic IPO and became an overnight billionaire
By Sasha RogelbergJune 13, 2026
18 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.