Abstract
Psychedelic fungi have received considerable attention recently due to their promising treatment potential of several psychiatric disorders and medical conditions, both in clinical settings but also as a nutraceutical. Besides research, a growing number of companies are developing capacity to conduct research and clinical trials where these fungi and their products can be used, and to provide these fungi to the public market that are rapidly becoming legal across the world. Whereas Psilocybe species are better known as psychedelic fungi, species in Panaeolus are also reputed to contain the psychedelic compound psilocybin and used recreationally. For the novice, there is no contemporary scientific summary of all the species in this genus that are known to be psychedelic, compared to those that are not. The global distribution and species diversity of these brown to white, often inconspicuous mushrooms are also not summarised, nor is it known to what extent DNA sequence data that are needed for identification have been generated for all of the species in this genus. However, psychedelic Panaeolus species are used and moved across the world. This lack of data makes it difficult to regulate bioexploitation and apply law enforcement of these fungi and the compounds they contain, especially seen in the light of the rapid development of the related markets. The aim of this review is to summarise current scientific data and knowledge on the species biodiversity, geographical distribution, extent of sequence data for identification purposes, and the psychedelic potential of species, based on published results. The review revealed where species are mostly known from, while also indicating areas seriously lacking such biodiversity data. A significant degree of study across the world is still needed to confirm which of these species are truly psychedelic and exactly what compounds they can produce.