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Trump Signs Executive Order to Accelerate Psychedelics Research, Sparking Stock Rally
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Politics·4/20/2026AI summary

Trump Signs Executive Order to Accelerate Psychedelics Research, Sparking Stock Rally

President Donald Trump signed an executive order on Saturday aimed at accelerating psychedelics research, directing agencies to expand clinical trials and Right to Try access for psilocybin, MDMA and ibogaine. The order leaves drug scheduling unchanged and comes amid stalled cannabis rescheduling efforts, raising questions about whether psychedelics will face similar federal delays. Psychedelic stocks rallied significantly following the announcement, with AtaiBeckley jumping roughly 25%.

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