From the Bloomberg article :

"The administration's plan won't ease shortages because drugmakers have little incentive to raise output when Medicare and Medicaid, the two big U.S. public health programs, limit how fast the price of a drug can rise, said Devon Herrick, senior fellow at the National Center for Policy Analysis, a policy research organization in Dallas.

"Firms have little incentive to ramp up production," Herrick said. "

go to their site and see what kind of "analysis" they do....

_{The origin of the universe has not as yet been shown to be a conspiracy theory}

Acid scared the Establishment, which was particularly rigid and uptight at the time. Could have benefited from some LSD slipped into Washington's water supply. :-D

A lot of Acid was dropped by people seeking 'spiritual' enlightenment and some thought they found it, others had 'bad trips'. A few got so high they never came down, some descending into insanity and some becoming as close to Holy as the modern world is willing to recognize.

Despite administering it in a clinical setting, I don't see much difference between the New Scientific Approach and less formal 'trips' in the 1960s. Even then it was often used with patients with terminal illnesses, usually cancer. There is also some evidence that it is effective in treating alcoholism and I've known people to use it to get off 'hard' drugs like heroin and amphetamine.

Despite our increased understanding of the brain, science is a long way from understanding the mind.
Scientists observe improvement in a patient's mental state, but fact is that they have no idea how or why it works. For far too long it was considered too dangerous for even research/experimental use (which was completely a matter of the Feds over-reacting), so if they get it off the Forbidden List, that will hopefully facilitate more research.

As far as negative reactions are concerned, it does not appear the current crop of researchers are doing anything to deal with 'bad trips' except trying to calm and reassure the patient. That's fine, but does not go far enough. There are specific character traits which greatly increase the possibility of having a 'bad trip' and even the possibility of going permanently crazy. Their protocol may cover that but the article gives no such indication.

In my experience during the '60s, people were introduced to the drug only after careful consideration of how they were likely to respond. I was once asked by a co-worker if I thought he should try it. I told him, "no", because I thought him 'mentally inflexible' and felt he would not be able to 'go with the flow'. He took it anyway, freaked out completely and was having very negative flashbacks for weeks afterward.

In many cases, an experienced user also took a small dose; not enough for a true 'high' but it was found easier to communicate with a new user if you were a bit stoned yourself. In my estimation, the researchers should experience it before they administer it.

IMO, psychedelics are just one more way to explore the fascinating byways of the mind, like hypnotism and meditation.
To me, it reinforces the concept that Reality is very much what you want to make of it.
Life is less the cards you're dealt than you play them.

The effects can indeed be life-changing and permanent. In that regard, repeated doses are seldom necessary - it's not a long-term drug regimen.
It's a learning experience and once you acquire a different way of experiencing the world, you no longer need the drug.
Rather like learning to ride a bike. You have no 'sense' of what it's like but when it all comes together, the feeling is locked into your mind/muscles forever.

I would never recommend that anyone take LSD - or fly a hang-glider, go sky-diving or do any of dozens of potentially risky things.
If one decides to do so, I can offer advice, guidance and understanding - and probably be more helpful than the researchers.

Turned On.
Tuned In.
Did not Drop Out - at least not very far Out.

"When you live on cash, you understand the limits of the world around which you navigate each day.
Credit leads into a desert with invisible boundaries."
- Anton Chekhov