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The therapeutic use of psychedelics Dr. Bill Richards has been researching the therapeutic uses of psychedelic substances for 60 years and he believes there's a legitimate role for them in the treatment of depression, anxiety, and interpersonal withdrawal. He believes these substances behave in a novel way among psychiatric medications: it's the memory of an experience that's therapeutic and that you carry with you. You don't have to keep taking medication every day to have the effect. You experience something so profound, that it changes your whole concept of who you are.