Is Liberty Cap edible?

Psilocybe semilanceata contains psychoactive compounds psilocybin, psilocin, and baeocystin. Consumption leads to hallucinogenic effects, altered perception, mood changes, and other psychological and physiological effects. While not acutely toxic in terms of organ damage at typical doses, the psychological effects can be profound and potentially distressing, especially for individuals with pre-existing mental health conditions or in uncontrolled settings. It is illegal to possess, cultivate, or distribute in many countries. Misidentification with deadly toxic species like Galerina marginata is a significant risk.