New Mexico becomes the third U.S. state to legalize psilocybin therapy
New Mexico’s Medical Psilocybin Act makes the state the third in the U.S. to legalize psilocybin therapy, but its path stands apart from Oregon and Colorado. Rather than a ballot measure, the legislation passed through the state legislature with an overwhelming bipartisan margin of 56 to 8 in the House. The law creates a regulated clinical framework for treating PTSD, treatment-resistant depression, and other conditions, with a dedicated 30,000 equity fund to subsidize access for low-income patients. That combination of legislative flexibility and built-in affordability measures offers a replicable model for other states watching closely.









