Kaya Holdings, Inc.’s V.P. Bryan Arnold Among First Ten (10) State Licensed Psilocybin Facilitators in U.S.A.
KAYS' Fifth Dimension Therapeutics Plans to Open "The Sacred Mushroom™" Psilocybin Centers in Oregon, Marking Entry into the Global Psychedelics Market, which is Forecast to Exceed $8 Billion by 2029.FT. LAUDERDALE, FL / ACCESSWIRE / May 24, 2023 / …
KAYS' Fifth Dimension Therapeutics Plans to Open "The Sacred Mushroom™" Psilocybin Centers in Oregon, Marking Entry into the Global Psychedelics Market, which is Forecast to Exceed $8 Billion by 2029.
FT. LAUDERDALE, FL / ACCESSWIRE / May 24, 2023 / Kaya Holdings, Inc., ("KAYS" or the "Company") (OTCQB:KAYS), congratulates Bryan Arnold, a dedicated 9-year Kaya employee and Vice President with KAYS subsidiary Fifth Dimension Therapeutics, Inc. ("FDT"), for being among the first graduates of the Changa Institute and among the first ten (10) state Licensed Psilocybin Facilitators in the United States. The Company is proud of Bryan and look forward to his contribution as we seek to develop and launch "The Sacred Mushroom™" Psilocybin Centers in accordance with Oregon State law.
As reported by Bloomberg in July of 2022, "the rise in stress levels and the growing rate of chronic diseases throughout the world is predicted to propel the global psychedelic medicines market expansion… the value of the Global Psychedelic Therapeutic Market is expected to grow from US$ 3.61 billion in 2021 to US$8.31 billion by 2028, with a CAGR of 13.2%."
In January 2023 KAYS announced the launch of its FDT subsidiary to provide psychedelic "mind care" treatments to veterans suffering from PTSD, addicts seeking to break addiction, individuals with eating disorders, and people with treatment resistant depression and other mental health disorders. We are pleased to report this milestone and will update shareholders as we move forward with our plans to open our first Psilocybin Service Center to service the growing Psychedelics Market.
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"An uncomfortable fact is that approximately every 40 seconds someone around the world commits suicide," stated W. David Jones, KAYS Senior Advisor for Business Development and Financial Operations. "Picture a football stadium filled with 65,000 fans. That's how many people die from suicide every month, and this doesn't even consider the toll on the millions of family members and friends who are left behind, or the more than 100 million people struggling through their lives because of ineffectual mental health treatments" continued Jones. "We are moving to establish a unique facility dedicated to helping people leverage the power of psychedelics for richer, fuller, and more joyful living, pursuant to Oregon Health Authority requirements and statutes."