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Inside Startupland's 'Shroom Boom'
  + stars: | 2024-03-13 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +11 min
This story is available exclusively to Business Insider subscribers. Frohman is part of a small but growing community within the startups industry that is experimenting with small doses of psilocybin to improve focus and productivity. Business Insider spoke with multiple founders and investors who microdosed, but wished to be anonymous. The person declined to share their name for publication, but their identity is known by Business Insider. Vancouver-based Filament Health is working to expand access to natural psychedelics through an extraction and drug-discovery process, while brick-and-mortar shops Shroomyz and Fun Guyz are further fueling the Canadian "'Shroom Boom".
Persons: Scott Frohman, Frohman, hasn't, Microdosing, James Fadiman —, Koel Robinson, Robinson, Richard Laver, Steve Jobs, Peter Grinspon, Grinspon, Peggy Van de Plassche, Van de Plassche, She's, Justin Zhu, I'm, microdosing, they're, It's Organizations: Business, Rocket Beverage Group, Erewhon, Foods, Massachusetts General Hospital, Harvard Medical School, BMO, PsyMed Ventures, Noetic Fund Locations: Florida, San Francisco, Denver, Minneapolis, In Oregon, California , Iowa, Washington State, Vermont, Massachusetts, Vancouver, Palo Santo
SMOKY FLAVORS have long suffused spirits, from peated Scotch to the deep-roasted tones in some mezcals. Consider the category-defying locavore spirit Late Embers Smoked Sunchokes + Honey, by Matchbook Distilling in Greenport, N.Y. Loosely inspired by mezcal, Late Embers starts with sunchokes instead of agave piñas. After fermenting and distilling, the resulting clear spirit has subtle earthiness and an aroma that suggests a smoldering bonfire. In addition to Late Embers, which debuted in 2021, Matchbook’s portfolio includes the 2023 launch Bad Saint, a single-malt whiskey smoked with incense-like palo santo.
Persons: Scotch, mezcal, sunchokes Locations: Greenport, palo santo
CNN —It’s hard not to feel a little sorry for the Ecuadorian capital of Quito. Singular churchesInside the Spanish colonial church of San Francisco in the city center of Quito. The museum even puts on a variety of shows, including a karaoke night of traditional Ecuadorian song. It’s especially busy at lunchtime when it fills to capacity with locals looking to indulge in affordable traditional Ecuadorian cuisine. Guided toursMetropolitan Touring’s “Live Quito Like a Local” walking tour is great for visitors with only a day or two to explore Quito.
While some companies are laying the groundwork to enter the market, leaders at four venture-capital firms focused on psychedelics told Insider they're skeptical about investing in the state. Palo SantoOne of Palo Santo's portfolio companies, Fluence, is preparing for the Oregon market. Two big reasons that psychedelics clinics could struggle to make money in OregonSchlidt laid out two reasons he thinks that psychedelics clinics in Oregon will struggle to be profitable. Plus, psilocybin clinics would face higher taxes. Burkitbayeva said that the companies she's seeing enter the Oregon market don't seem to have those attributes.
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