Psilocybe weraroa, formerly Weraroa novae-zelandiae, is a secotioid fungus in the family Hymenogastraceae. It is endemic to New Zealand, where it grows in native forests from rotting wood and woody debris. Despite its pouch-like form this species is closely related to Psilocybe cyanescens and Psilocybe subaeruginosa. As a bluing member of the genus Psilocybe it contains the psychoactive compounds psilocin and psilocybin. It has been cultivated commercially by Rua Bioscience with a view to researching potential medical applications, bringing together its traditional uses in Rongoā Māori with the recent interest in Western medicine into the medical applications of psilocin and psilocybin.

Secotioid fungi are an intermediate growth form between mushroom-like hymenomycetes and closed bag-shaped gasteromycetes, where an evolutionary process of gasteromycetation has started but not run to completion. Secotioid fungi may or may not have opening caps, but in any case they often lack the vertical geotropic orientation of the hymenophore needed to allow the spores to be dispersed by wind, and the basidiospores are not forcibly discharged or otherwise prevented from being dispersed —note—some mycologists do not consider a species to be secotioid unless it has lost ballistospory.