This species of Phalaris may also be used as a source for the psychedelic drugs DMT, 5-MeO-DMT and 5-OH-DMT (bufotenin), as well as Hordenine and 5-MeO-NMT; however, N,N-DMT is considered most desirable.- Phalaris arundinacea, or reed canary grass, is a tall, perennial bunchgrass that commonly forms extensive single-species stands along the margins of lakes and streams and in wet open areas, with a wide distribution in Europe, Asia, northern Africa and North America.