From The New York Times:
President Trump is planning to sign an executive order intended to boost research and ease federal restrictions on psychedelic compounds that have shown promise in treating a range of intractable mental health conditions, according to three senior administration officials familiar with the discussions.
The drugs include LSD, Ecstasy and psilocybin. The measure would also provide $50 million for state-level research into ibogaine, a powerful psychedelic made from the root of a Central African shrub that has been drawing interest from researchers for its potential to treat opioid use disorder and other forms of substance abuse. The funding will most immediately benefit Texas, which has already committed $50 million to studying ibogaine. The order could come as early as Saturday.