Psilocybin is a word associated with magic mushrooms. It is known as the psychoactive component being present in magic mushrooms. In earlier times, its usage was limited to being a recreational drug. It has found its association with the counter-culture of the 1960s. However, in the past two decades, a growing body of researches all over the world has demonstrated that psilocybin therapy has significant potential in curing many types of mental and behavioral health issues. Repeated utilization of the small quantity(micro-dosing) of this particular psychedelic compound may provide unique health benefits.