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The Psychedelic Podcast

Myles Katz - The Inside Story of Synthesis: Lessons of a Pioneering Legal Psilocybin Retreat

May 6, 2024
Myles Katz, founder of Confluence Retreats, discusses the closure of Synthesis, a legal psilocybin retreat center. He shares challenges faced, lessons learned, and his vision for conscious capitalism. The conversation explores the evolution of psychedelic businesses amidst external forces like financial markets and the pandemic.
51:04

Episode guests

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Quick takeaways

  • Synthesis faced financial challenges due to reliance on investment capital and market fluctuations.
  • Myles Katz advocates for conscious capitalism and steward ownership in the psychedelic business industry.

Deep dives

Evolution of Synthesis and Entrepreneurial Lessons Learned

The podcast episode delves into the rise and fall of Synthesis, a legal psilocybin retreat center, and Miles Katz's entrepreneurial journey. Miles' background in launching startups and the evolution of Synthesis into a pioneer legal psychedelic service model are highlighted. The challenges faced, including navigating the turbulent waters of the psychedelic ecosystem and the impact of the COVID-19 pandemic, are discussed. Miles shares insights on conscious capitalism and the regenerative business model attempted by Synthesis.

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