Kaya Enters Jamaica’s Legal Psilocybin Market
KINGSTON, Jamaica and LOS ANGELES, Jan. 11, 2023 (GLOBE NEWSWIRE) — Kaya Group (“Kaya” or “the Company”) (OTC: NUGL), the first medicinal Ganja herb house in the Caribbean and holistic, wellness-focused ecosystem, announced today its Kaya Extracts subsidiary plans to enter the legal psilocybin market in Jamaica where the laws are relaxed, targeting the multibillion-dollar industry for the development, marketing and distribution of psilocybin mushrooms. This will include Kaya’s current rollout of traditional Jamaica Psilocybin Mushroom and Capsules at its Herbhouse locations in Falmouth, Ocho Rios, and Kingston. The company continues to roll out further across Jamaica as demands continue to build for the product. The first milestone includes developing and launching our nutraceuticals’ range of psilocybin concentrations from micro-doses to hallucinogenic levels of dosing.
Related news for (NUGL)
- Silo Wellness Announces LOI to Acquire NUGL/Kaya in a Transaction Valued at CAD $43,289,624.60; CSE to Halt Trading Until Shareholder Approval
- Jamaica Based Kaya Group Forges Partnership with Silo Wellness for Psychedelic Wellness Experiences and Retreats; Announces Share Exchange Agreement
- Jamaica Based Kaya Group Plans Wellness Events to Fuel Rapid Growth in Revenues from the Multibillion Dollar Hospitality and Eco-Tourism Market
- Jamaica Based Kaya Group Memorializes the Five-Year Anniversary of Legal Medical Cannabis Sales on March 10 with a Live Broadcast on IRIE FM
- Jamaica Based Kaya Group Ramps Up for the Five-Year Anniversary of Legal Medical Cannabis Sales on March 10 with the IRIE FM Music Awards