Earlier quoted context omitted.
What is the effect size of the randomized controlled trial for psychedelic therapy?
I'm not sure (you can look it up as well as anyone), but from what I've heard (again, Pollan's book), controlled, randomized trials are very difficult if not impossible with psychedelics. It's obvious to both the patient and the observer who has received a placebo and who has not. That's part of the problem with studying this class of drugs, what we have considered the gold standard for clinical trials isn't effectiv…
N = 15. I understand that there are a lot of regulatory obstacles to performing large-scale clinical trials into psychedelics, but the overall quality of the research so far is indifferent. A great number of ineffective and mediocre interventions have been made to look miraculous by a handful of small open-label trials. The homeopathy community has produced a mountain of similar trials.
Psychedelics do indeed look promising and have a plausible mechanism for providing very large effect sizes, but it really is too early to draw any firm conclusions. The authors have registered a larger comparative efficacy trial, so I look forward to seeing their results if and when they are published.