KAYS
Industry:
Healthcare Providers & Services Consumer Distribution & Retail

DESCRIPTION

Kaya Holdings is a small holding company with two main businesses: operating a licensed psilocybin treatment center in Oregon, and legacy cannabis operations in Oregon and Greece. The flagship business is The Sacred Mushroom, an roughly 11,000 sq ft psilocybin treatment facility in downtown Portland, operating under a license from the Oregon Health Authority. The facility offers supervised psilocybin sessions to clients seeking treatment for conditions like depression, PTSD, and addiction — particularly those who have not responded to conventional treatments. Clients go through a multi-step process: screening, preparation with a licensed facilitator, a supervised session lasting five or more hours, and post-session integration. Revenue is driven by the number of sessions conducted and the per-session fee, with Kaya Holdings pricing near the lower end of the market. On the cannabis side, Kaya Holdings holds one retail dispensary license in Oregon and two medical cannabis production licenses in Greece through joint ventures, though neither Greece facility is operational. The company's stated strategy is to expand its psilocybin operations — potentially opening additional Oregon facilities and entering Colorado — and to partner with pharmaceutical companies on psilocybin therapeutics. As of April 2025, however, Kaya Holdings suspended payroll due to capital constraints and operates with only two full-time employees, leaving the near-term viability of both business lines uncertain.

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