As the world grows increasingly eager to learn more about psychedelic drugs and their healing properties, we’re seeing a sharp rise in related events where industry professionals can gather with inquisitive consumers to discuss all the most important aspects of this budding market. We’ve already covered some of the more anticipated events going on in the U.S. this year, and now we’re following up with the top 5 global psychedelics events taking place in 2023. Enjoy and safe travels!
The psychedelics industry at glance
All across the world, a sort of psychedelic renaissance is taking place. A renewed interest in the healing properties of hallucinogenic substances set in motion a string of new policies that are allowing for more research on these compounds, and increased access for patients and consumers. Although we’re not seeing these changes everywhere, there are a handful of countries around the world that are paving the path including the United States, Canada, The Netherlands, Thailand, and Brazil.
Between now and 2029, the global psychedelics market is expected to see substantial growth. Analysts from both Data Bridge Market Research and InsightAce Analytic indicates that the market is growing with a CAGR of 13.3% and is expected to reach roughly $7 billion USD in the next 6 years.
As a result, investor interest is at an all-time high and the value of the industry as a whole continues to trend upward. A report published last year by CB Insights stated that investor funding for psychedelic medicine and research companies surpassed $700 million in 2021, which is double the amount from 2020 and almost eight times higher than 2019. And we don’t even have the final figures for 2022, which are likely to be considerably higher than the previous year.
Some of the major players operating in the global psychedelic drugs market are: Jazz Pharmaceuticals Inc., Janssen Pharmaceuticals, Pfizer Inc., Verrian, Avadel, Celon Pharma S.A., COMPASS, F. Hoffmann-La Roche Ltd, Hikma Pharmaceuticals PLC, NeuroRx Inc., PharmaTher Inc., usonainstitute.org, Mind Medicine Inc., Cybin Corp., GABA Therapeutics Inc., and EmpathBio DemeRx.
Psychedelic industry events are on fire this year
One of the best ways to make new connections and learn about any given industry is by attending related events and conferences. We’ve seen substantial growth with cannabis industry events in terms of both the number and size of the events, as well as the number of attendees. With cannabis, we have events that cater to many different niches, like MJBizCon which, over the last decade, has become the industry’s largest B2B conference; or Alternative Products Expo which is dedicated entirely to alternative cannabinoid products, like those containing Delta 8 and HHC.
We also have conferences entirely focused on medicine and research, like the Emerald Conference; and on the opposite end of the spectrum, we also have events that are purely recreational in nature, like all the Cannabis Cups. In short, these days you can find a cannabis-related event tailored to almost any specific need… and the same thing is beginning to happen in the psychedelics space.
It’s still on a smaller scale than weed, but there are events that are specifically for shrooms, others for ketamine, and some for ayahuasca. Some industry events are medical and research-based, whereas others focus solely and the business and investment side of things. We also have recreational/consumer-based events, networking and wellness retreats, cultural/spiritual gatherings, and the list goes on.
Something I personally noticed while researching some of the more popular events, is that many of them will be in Europe this year. Despite some level of stagnancy with cannabis legislation, it seems that quite a few countries in the EU are welcoming psychedelic research with open arms, at the very least, based on the number of conventions happening out there.
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Global events you should consider attending
There is no better time than now to travel. Most countries have eased up on covid restrictions, gas prices are slowly dropping, and traveling globally no longer seems like the monumental challenge that it was a couple of years ago. So, check out some of the most anticipated global psychedelics events happening this year!
ECNP New Frontiers Meeting – Nice, France (March)
This meeting is intended for stakeholders who are interested in exploring how psychedelic drugs are transitioning from the recreational realm to the therapeutic sector. A distinctive blend of industry leaders will meet to discuss topics such as molecular mechanisms and pharmacology, neuroimaging, psychological variables, clinical trials, regulatory requirements, and patient perspectives. The meeting will provide a “state-of-the-art overview” of where the industry stands today, and what needs to be achieved in order to move forward with research and development of these powerful medicinal compounds.
The ECNP New Frontiers Meeting will be held from March 19-20 in Nice, France, and virtually by livestream. There is no fee to attend either the in-person or virtual event. The deadline to register is March 8th.
For more information on New Frontiers, or to book tickets, click here.
World Bufo Alvarius Congress – Barcelona, Spain (March)
The Bufo Alvarius Congress, which was held in Mexico in previous years, is all about 5-MeO-DMT from the incredible psychedelic toad. Although the congress still keeps the name Bufo alvarius, the updated scientific name for it is Incilius alvarius. During the 3-day event, attendees will learn about topics such as the differences between synthetic and toad 5-MeO, conservation efforts, the importance of intention, 5-MeO and the evolution of consciousness, and so much more.
The World Bufo Alvarius Congress will take place from March 24-26 in Barcelona, Spain. Tickets cost $350 each, and include all access to lectures, break-through groups, workshops, music concert and the movie presentation.
For more information on the World Bufo Alvarius Congress, or to book tickets, click here.
Breaking Convention – Exeter, UK (April)
Breaking Convention is Europe’s largest conference on psychedelic consciousness and is now in its 11th year (6th event). The first one was held in Canterbury back in 2011. Breaking Convention is a multidisciplinary conference that consists of numerous different lectures covering all aspects of the psychedelics industry including science and independent research, cultural exploration, academia, and more.
In-person tickets range from £165 to £300, and virtual/livestream tickets range from £40 to £65. The event is hosted by the University of Exeter, which is home to the first taught undergraduate psychedelics module in the UK. There are 400 comfortable rooms available for accommodation on-site, as well as numerous hotels within a reasonable distance.
For more information on Breaking Convention, or to book tickets, click here.
Canadian Psychedelic Summit – Vancouver, Canada (August)
The Canadian Psychedelic Summit is the first in a series of annual events (planned over the next three years) that aim to reach industry leaders across numerous different sectors, with a focus on equity and ethics in the blossoming psychedelics market. This 5-day event includes lectures, structured groups and breakout sessions, as well as unstructured time for more casual networking among attendees.
The event takes places at the Hollyhock Leadership Institute in Vancouver, British Columbia, from August 10th to 15th. There are quite a few different ticket packages ranging in price from $850 to $2125. You have from now until June 6th to register.
For more information on the Canadian Psychedelic Summit, or to book tickets, click here.
INSIGHTS – Berlin, Germany (August/September)
INSIGHTS is one of the events being conducted by Europe’s MIND Foundation, which is a German-based non-profit focused on psychedelic drug research and education. Unlike others on this list that go with the multidisciplinary approach, this event is solely about research, science, and medicine. Some pressing questions they intend to answer during the conference include: “How can we critically learn from the past and ongoing studies?”, “Which therapist trainings have evolved, and how to assess their quality?”, and “What is needed to make the transition from scientific research to societal integration?”
INSIGHTS is happened between August 31st to September 3rd, in Berlin, Germany (I could not find any information on the specific venue). In-person tickets cost €699, and online tickets run for €99. Ticket price covers snacks, drinks, and lunch during the days of the conference, one dinner, as well as the Arts & Social Program, and entrance to the conference party.
For more information on INSIGHTS, or to book tickets, click here.
Above are some of the most anticipated global psychedelics industry events happening in 2023, but there will be many more. If we missed any important ones, or if you have an event you’d like to promote, drop us a line in the comment section below. We would love to hear from you!
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