In one of his last acts in office, former Gov. Phil Murphy signed a new law that legalized psilocybin – otherwise known as “Magic Mushrooms” – for medical use.

The law allows medical professionals to use the hallucinogenic compound found in some mushrooms to treat mental health disorders like post-traumatic stress disorder and drug-resistant depression.

Psilocybin has not yet been approved by the Food and Drug Administration for medical use and it is still considered a Schedule 1 controlled substance.

New Jersey Senate President Nicholas Scutari applauded the new law.

"If we're going to wait for psilocybin…to be de-scheduled, we're never going to get anywhere. But having this in a controlled setting, not recreational use, where it can be studied in a medical way, is really the best way to go,” he said.

New Jersey is one of the first states to legalize a psilocybin therapy pilot program. The treatment would be administered on a trial basis at three hospitals in New Jersey that have not yet been chosen. They would be located in north, south and central New Jersey.