Psychedelics Treating PTSD? & Why So Many Musicians are Canceling Concerts
Jun 3, 2024
29:32
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Exploring the potential FDA approval of MDMA for treating PTSD. Elon Musk seeks approval for a $47 billion pay package. Concert industry struggles as artists cancel tours. Mexico elects first female Jewish president. Lego gains popularity with adults. Economic updates and sports highlights included.
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Quick takeaways
FDA scrutiny on MDMA for PTSD treatment, raising doubts on its effectiveness.
Live music industry impacted by declining concert attendance and artist cancellations.
Lego's success in capturing adult market with intricate sets like Notre Dame Cathedral.
Upcoming events like European Parliament elections and NBA Finals drawing attention.
Intense sports competitions in Women's College World Series, NBA Finals, and NHL's Stanley Cup Finals.
Deep dives
Controversy over MDMA Drug for PTSD Treatment
An MDMA drug for treating PTSD is facing scrutiny due to a study indicating potential issues. Lycos Therapeutics tested the drug on adults with PTSD, claiming positive outcomes, but the study methodology raised concerns. The FDA's assessment of the study's evidence exposes doubts regarding the drug's effectiveness, challenging a longstanding effort to promote psychedelic drugs for medical use.
Elon Musk's Pay Package Reinstatement Challenge
Elon Musk is pushing for the reinstatement of his $46 billion pay package voided by a judge. The upcoming vote to reapprove the package is amidst a campaign to sway Tesla investors. Institutional shareholder advisory groups like ISS and Glass Lewis have criticized the pay package, questioning its effectiveness in driving Musk's focus on Tesla's success.
Decline in Concert Attendance for JLo and The Black Keys
Jennifer Lopez and The Black Keys are canceling tour dates amidst declining concert attendance. Rising ticket prices, consumer fatigue, and oversupply of touring acts are impacting live music events. Data shows a downturn in concert ticket prices, reflecting a slowdown in the post-pandemic live music industry.
Lego's Appeal to Adult Consumers and Notable Notre Dame Set
Lego is expanding its adult consumer base with sophisticated sets like the Cathedral of Notre Dame. Adult Lego enthusiasts are a rapidly growing market segment, with Lego sales doubling in the adult category. The intricate 4383-piece Notre Dame set reflects the company's success in appealing to adults with intricate and nostalgic designs.
Upcoming Events: European Parliament Elections, D-Day Anniversary, and May Jobs Report
The European Parliament elections, D-Day anniversary, and May jobs report are significant upcoming events. The rise of right-wing parties in Europe, the commemoration of D-Day with world leaders, and the job market's performance pre-Fed meeting are key focal points this week. These events carry implications for political shifts, historical remembrance, and economic policy decisions.
Women's College World Series and NBA Finals Commencement
The Women's College World Series begins with Oklahoma aiming for a fourth consecutive championship, while the NBA Finals start with the Boston Celtics facing the Dallas Mavericks. Sports enthusiasts are anticipating Oklahoma's dominance and following the NBA playoffs as teams compete for glory and championships in thrilling matchups.
NHL and NBA Finals Showdowns
The NHL's Stanley Cup Finals feature the Florida Panthers and Edmonton Oilers in a historic matchup, showcasing the longest distance between final opponents. In the NBA Finals, the Boston Celtics take on the Dallas Mavericks, heightening the excitement in the world of professional sports. Fans are gearing up for intense competitions and notable showdowns across major sports leagues.
Podcast Credits and Contact Information
The podcast episode concludes with credits and contact information for feedback or inquiries. The team behind the show includes producers, technical staff, and content officers working to deliver informative and engaging content for listeners. Listeners are encouraged to provide feedback and suggestions for future episodes.
Introduction of Sponsors Discover and Yahoo Finance
The podcast features sponsor introductions for Discover's customer service and Yahoo Finance's financial data offerings. Discover emphasizes 24/7 customer service availability, while Yahoo Finance presents real-time news and market data for investors. The endorsements highlight the benefits of these services for consumers seeking reliable financial support and information.
Anniversary Celebration and Reflection at The Brew
The episode commemorates the seven-year anniversary of 'The Brew,' reflecting on milestones like sending newsletters and hosting podcast episodes. Hosts Neil and Toby discuss memorable topics covered over the years, including significant industry events and their impact. The retrospective evokes reflections on the evolution of news coverage and audience engagement.
Insights on MDMA Use and Research Challenges
The podcast delves into the controversy surrounding the use of MDMA for PTSD treatment and the complexities of conducting related research. Neil and Toby discuss the FDA's evaluation of a study on MDMA's effectiveness and the challenges posed by its mind-altering properties. The discussion highlights the significance of introducing a controlled substance like MDMA for therapeutic purposes amidst scientific and ethical concerns.
Episode 335: Neal and Toby discuss what it would mean if the FDA approves MDMA to be used as a PTSD treatment. Then, Elon Musk pleads with Tesla shareholders to approve of his $47 billion pay package. Also, live entertainment is taking a hit with concert-goers cutting back on spending and artists canceling their tours. Next, Mexico and Dr. Pepper are the weekend’s winners. Plus, Lego is cashing in on adults looking to unwind with their sophisticated sets. Lastly, the news you need to know this week.
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