Legal Ketamine Therapy Thrives — And Fuels Illicit Use

Ketamine seizures are on the rise, new data show. 

Welcome to our weekly look at what’s going on in the business of psychedelics and cannabis. There’s increasing interest in ketamine’s rollout across the US — and what that means for psychedelics writ large. With that in mind, I took a look at a recent study on illicit seizures.

The amount of illicit ketamine seized from 2017 through 2022 rose 1,100%, according to a recent study — hinting at how bubbles in the drug business can have unintended impact on the black market.