A new research center funded by private donors will study possible psilocybin therapies at Johns Hopkins Medicine.
The findings come amid what is known as the "psychedelic renaissance."
Psilocybin is increasingly being recognized by scientists as potentially effective treatments for a number of psychological disorders, such as addiction and depression.
Results could one day lead to novel treatments or therapies for reducing domestic violence, the lead author said.
Magic mushrooms' hallucinogenic effects might keep insects away, but it doesn't stop humans.
Mayoral candidate says the fungi saved him from heroin.
The study could pave the way for easier production of the psychedelic psilocybin.
The criteria for banning a drug exist to make congressional and DEA determinations look scientific, even when they are not.
The drug could be used to help treat anxiety and depression in the future.
A letter published in the Lancet Psychiatry Journal has claimed that psychedelic drugs are safer than currently thought.
Scientists and scholars discussed experiments with psychedelics drugs to treat anxiety, depression, addiction and other issues at a recent conference in New York City.