Though not specifically a psychedelic — ketamine is a dissociative anesthetic — ketamine therapy is being touted as a depression treatment and, for some, a new form of spiritual healing. And indeed, some of the results are promising. But with Ketamine Wellness Centers and Field Trip Health both shutting down ketamine clinics across the country, leaving clients scrambling to find relief. Are these psychedelic entrepreneurs placing too much emphasis on scaling and shareholders and not enough on healing, even though their marketing efforts claim the opposite? Derek looks into the sordid developments of ketamine therapy, including the botched trials that ultimately received FDA approval. Show Notes Ketamine infusion: The new therapy for depression, explained New analysis claims the FDA rushed ketamine’s approval for depression treatment Excessive drinking costs $249 billion. Can one dose of ketamine curb alcoholism? ‘I’m terrified’: Patients scramble for treatment after 13 ketamine clinics shut down How ketamine-fueled dreams can promote a spiritual approach to mental health and therapy Learn more about your ad choices. Visit megaphone.fm/adchoices