Dr. Eric Lee returns to The Cole Memo to discuss major changes facing Oregon's legal psilocybin program. Lee explains how rising licensing fees could push operators out of the industry, why legal psilocybin sessions remain unaffordable for many people, and how his clinic is working to keep services accessible. Cole and Dr. Lee also discuss the challenges of building a legal psychedelic industry, Oregon's limited testing infrastructure, comparisons to Colorado and ketamine treatment, and the long-term future of psilocybin access. Watch video version and read full show notes here: https://thecolememo.com/2026/07/08/e299/