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confidence high
sentiment positive
materiality 0.60
Kaya Holdings launches Fifth Dimension Therapeutics to enter psychedelic treatment market
Kaya Holdings, Inc.
- Fifth Dimension Therapeutics will target PTSD, addiction, eating disorders, and treatment-resistant mental health conditions.
- Employee Bryan Arnold enrolled in Oregon Psilocybin Facilitator training; expected to complete and apply for license in April 2023.
- Attorney Glenn E.J. Murphy joins FDT board to assist with pharma partnerships, IP, and funding opportunities.
- Company cites $2.8B U.S. psychedelics market in 2021, forecast to reach $8.9B by 2029.
- KAYS shifts cannabis focus to Europe while launching psychedelic 'mind care' operations.