Consider the following statements : 1. Some mushrooms have medicinal properties. 2. Some mushrooms have psycho-active properties. 3. Some mushrooms have insecticidal properties. 4. Some mushrooms have bioluminescent properties. How many of the above statements are correct?

1. Many mushrooms, such as Shiitake and Reishi, are well-documented for their medicinal properties. 2. Species like *Psilocybe* contain psilocybin, giving them psycho-active properties. 3. Certain mushrooms produce natural toxins that exhibit insecticidal properties, deterring insects. 4. Several fungal species, often found in decaying wood, possess bioluminescent properties, emitting a faint glow. Therefore, all four statements are correct.