This is pretty much the regime I'd like to see nationwide around psilocybes - I don't think "dispensary style" commercial legalization is necessary or even a good idea, but I like the idea that people can be trusted to consume / cultivate them.
I'm mildly skeptical of the recent trend of medicalization around mushrooms and other entheogens - I think they can be beneficial, but I'm not sure that handing that benefit over to the drug/pharmaceutical industry is the ideal way to get the benefits into society.
I'm even more skeptical, though that a legalization regime like what we've seen with marijuana would be a net good, so I end up really liking the middle road approach of "well, you're not going to be able to buy it in a store, but if you want to seek it out for yourself, and don't commit any other crimes in the process, have at it."