The FDA (the US drug regulator) has not approved any therapy using psilocybin (the active ingredient in magic mushrooms) or MDMA (ecstasy) as a medicine. The FDA already rejected MDMA-assisted therapy in 2024 and asked the company to do more work. Psilocybin is still in earlier stages of review. Neither drug will clear the full approval process in the next few weeks.
MDMA-assisted therapy received a CRL in 2024 and no resubmission has completed review; psilocybin Phase 3 programs are not yet at NDA-decision stage. A final approval within the next 30 days is effectively ruled out by current review timelines.