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FERRISS SPEARHEADS FUNDRAISING FOR MDMA RESEARCH

Not so many years ago, podcaster and 4-Hour Work Week author Tim Ferriss was just one of Silicon Valley’s favorite local thought leaders. Now he’s the investor who sparked $30M in MAPS donations.
Marijuana Moment

  • MAPS—the Multidisciplinary Association for Psychedelic Studies—will use the money to complete the third phase of a study of MDMA as a treatment for post-traumatic stress disorder.
  • In addition to driving the effort, Ferriss kicked in $1M, as did Blake Mycoskie, founder of TOMS Shoes. Space X and Tesla board member Steve Jurvetson came through with $2.6M, while Bob Parsons, founder of GoDaddy, contributed $2M.

Quick Hits

  1. Caliva this week expanded its delivery service to half of the state’s population. That’s a range of range of 19 counties and 223 cities.
    Benzinga
  2. Each week, tons of cannabis plants are destroyed, and not simply because the product was unlicensed. As the Riverside County Sheriff’s Dept. said after ripping out 3,338 marijuana plants, illicit grows can be a threat to the water table.
    Patch