Psychedelics & the Economy with Brom Rector

04/11/23 • 38 min

It’s no secret that building a business takes a lot of work, and Brom Rector sure knows what it takes after developing Empath Ventures – a venture capital fund that seeks to support psychedelic startups.

In today’s episode, Scott and Brom dive into the current state of psychedelics and the healthcare system, Empath Ventures’ hope for the companies they invest in, Brom’s dreams for the future of psychedelics, and the healing potential that plant medicine possesses.

You don’t want to miss out on this chance to dream big with Scott and Brom and imagine a reality in which psychedelics are legal, widely accepted, and contributing to the economy!

In This Episode

(1:08) Scott introduces our guest, Brom Rector
(2:35) Exploring the possible future relationship between psychedelic medicine and the healthcare system
(10:39) How VC funds work with small businesses in the psychedelic space
(14:56) Empath Ventures’ mission and how they choose which businesses to invest in
(18:20) Classic psychedelics vs. new psychedelics
(20:52) The economic and spiritual potential of plant medicine
(26:50) The mental health crisis in the western world
(30:13) Brom’s hopes for plant-based psychedelic legalization
(32:38) How the world might be changed by the growth of psychedelic businesses
(35:50) Where to reach Brom Rector

Guest

Brom Rector, founder of Empath Ventures and creator of The Brom Podcast, is a businessman, psychedelic supporter, and researcher currently on a mission to fund psychedelic startups. After exploring psychedelics in his early adulthood, Brom realized that plant medicine is powerful for healing and spirituality. While he dreams of a world with easier access to safe psychedelics, he’s changing one business at a time with Empath Ventures.

Resources & Links

Webdelics

https://www.webdelics.com/

Brom Rector

https://www.empath.vc/
https://www.linkedin.com/in/bromrector
https://twitter.com/therealbrom
https://www.brom.fm/

You don’t want to miss out on this chance to dream big with Scott and Brom and imagine a reality in which psychedelics are legal, widely accepted, and contributing to the economy!

In This Episode

(1:08) Scott introduces our guest, Brom Rector
(2:35) Exploring the possible future relationship between psychedelic medicine and the healthcare system
(10:39) How VC funds work with small businesses in the psychedelic space
(14:56) Empath Ventures’ mission and how they choose which businesses to invest in
(18:20) Classic psychedelics vs. new psychedelics
(20:52) The economic and spiritual potential of plant medicine
(26:50) The mental health crisis in the western world
(30:13) Brom’s hopes for plant-based psychedelic legalization
(32:38) How the world might be changed by the growth of psychedelic businesses
(35:50) Where to reach Brom Rector

Guest

Resources & Links

Webdelics

https://www.webdelics.com/

Brom Rector

https://www.empath.vc/
https://www.linkedin.com/in/bromrector
https://twitter.com/therealbrom
https://www.brom.fm/

Previous Episode

Psychedelics and the Law: What You Need to Know with Dustin Robinson

Despite the promising clinical studies touting the benefits of psychedelics use for a wide range of physical and mental conditions, psychedelics are still illegal in the United States – even if it’s just in the privacy of your own home.

So what do you need to know about psychedelics and the law?

Attorney Dustin Robinson joins us today to talk about just that. As the founding partner of a law firm and a non-profit which work in the plant medicine space, Dustin has been named as one of the Top 100 Most Influential People in Psychedelics.

In today’s episode, Dustin discusses the evolving legal status of psychedelics, how law enforcement typically handles psychedelics use, what to know about plant medicine use and the workplace, how to stay up to date on changing psychedelics laws and more.

In This Episode

(04:55) How Dustin got into cannabis and psychedelics law
(08:54) The legal similarities (and differences) between cannabis and psychedelics
(12:19) Psychedelics’ evolving legal status
(15:17) Dustin’s first experience with plant medicine, and its lifelong impact
(19:14) Legalization vs decriminalization
(24:27) What to know about plant medicine and the workplace
(28:38) Are psychedelics a law enforcement priority?
(31:36) Psychedelics churches and religious freedom
(36:06) How to keep up with changing psychedelics laws
(38:42) The future of psychedelics use in American law

Guest

Dustin Robinson is a licensed attorney, CPA and founding partner of Mr. Cannabis Law, a law firm that exclusively works in the cannabis and psychedelics space. He is also the founder of Mr. Psychedelic Law, a non-profit paving the way for psychedelics legalization. Dustin has been named by Psychedelic Invest as one of the Top 100 Most Influential People in Psychedelics.

Resources & Links

Webdelics

https://www.webdelics.com/

Dustin Robinson

https://www.linkedin.com/in/dustin-robinson-esq-cpa-3a48b31a/
https://www.iterinvestments.com/
https://www.instagram.com/dustinr10/
https://mrcannabislaw.com/
https://mrpsychedeliclaw.com/

Next Episode

A New Era of Belief: Psychedelics & Faith with Owen Fitzpatrick

People have gone on psychedelic journeys on this show. One thing that comes up routinely is the transformational nature of those psychedelic experiences often described as profoundly spiritual. This raises the question that will be the topic of discussion today. What is the relationship between the spiritual nature of those experiences and the religious beliefs that is the foundation of millions of people today?

Answering that will be no easy feat, so we have brought an expert for today’s episode. Scott sits down with Owen Fitzpatrick, social psychologist, and author and together they talk about the psychedelic renaissance and what it means for people of faith as well as those with no faith.

In This Episode

(02:00) – Scott introduces Owen Fitzpatrick to the show.
(03:54) – What does the psychedelics renaissance mean for people?
(06:23) – Scott keeps it real and corrects Owen about being a cool nerd.
(07:29) – Owen offers a unique perspective on beliefs.
(13:29) – Discussing depression as an altered mental state.
(19:33) – How does a thought become a belief?
(25:13) – On psychedelics and their ability to shift the narrative or perceiving events.
(31:14) – Psychedelics Renaissance and its implications on neuroplasticity.
(37:08) – Owen gives a final takeaway for the audience.

Guest

Owen Fitzpatrick is a social psychologist, storyteller, and renowned author, hailing from Dublin, Ireland. He has traveled to over 100 countries around the world and his education credentials include Harvard and MIT. Owen’s specialty is applying psychology and neuroscience to help leaders and organizations do better. He is also a TED and international speaker and author of 9 books with another one on the way.

Resources & Links

Webdelics

Owen Fitzpatrick