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Tanzanite is called a "stone of magic" that helps with spiritual awareness and psychic insight. It is also sometimes called the "workaholic's stone". This is because it helps you slow down and take it easy. This in turn, brings success in more areas of life. It relieves stress and depression, and enhances composure, poise, and harmony. Tanzanite is also said to transmute negativity.
Physically it is said in healing folklore and crystal healing to be beneficial for stress related illnesses and high blood pressure in particular.