Americans are buzzing about the FDA’s recent decision to reverse the ban on ephedra and ephedrine supplements in the United States. Known as the “world’s oldest medicine,” ephedra has been used for thousands of years for its variety of healing properties. While ephedra is not a cure-all, it is successfully used in treating hundreds of afflictions, including some that may surprise you.When the average person hears the word “ephedra” they generally think of two things: “weight loss” and “banned.” .