KINGSTON, Jamaica and LOS ANGELES, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Kaya Group ("Kaya") or ("the Company") (O.T.C.: NUGL), the first medicinal Ganja herb house in the Caribbean and holistic, wellness-focused ecosystem, announced today plans to showcase many exciting events leading up to the fifth anniversary of the first legal sale of medical cannabis in the Caribbean on March 10. Kaya intends to kick off March by supporting/sponsoring the 2023 Irie FM Music Awards ceremony on Wednesday, March 1, 2023, which awards the best and most popular elements of Jamaican music and culture during the past year. Irie FM, Jamaica's leading radio station, hosts the annual event as part of its mission to honor Jamaicans in music.
Bali Vaswani, CEO. of Kaya Group and NUGL, said, "The IRIE FM awards are among the most respected honors for local Jamaican Reggae artists, so it is only fitting that we support them. As proud Jamaicans, Kaya empowers local communities by respecting and supporting our Jamaican culture." Mr. Vaswani continued, "Respect drives every decision we make – from our relationships with our employees to how we treat our community, herbs, brand, products, and nature. We proudly support the artists who make up such an important part of our Jamaican culture."
The IRIE FM Music Awards will be broadcast live on https://www.iriefm.net and IRIE FM's YouTube channel https://www.youtube.com/user/iriefmjam. Dancehall entertainer Valiant is nominated for eight awards, Popcaan is nominated for five awards, Spice and Shenseea are nominated for four awards, and Dexta Daps, Shaneil Muir, Stalk Ashley, Moyann, and Skeng each have three nominations. Other nominees include Ding Dong, Koffee, Masicka, D'Angel, Alkaline, Burna Boy, Jada Kingdom, Shaggy, Sean Paul, and several other Reggae artists.
In February 2015, Jamaica's legislature voted to amend the nation's cannabis laws to allow the possession of up to 2 ounces and the cultivation of up to five plants. Practitioners of the Rastafari faith could use cannabis for religious purposes, and tourists with a prescription for medical marijuana could apply for permits to purchase small amounts. On March 10, 2018, Balram Vaswani, a long-time advocate for the legalization of marijuana, opened the first legal, medical marijuana dispensary, Kaya Herb House, in Drax Hall, St. Ann. Thousands of people lined up to buy medical cannabis marking the first time they could buy cannabis legally with a receipt. Unlike dispensaries in the U.S., Kaya Herb House does not rush each transaction. A typical transaction at a Kaya Herb House might take an hour and a half at our retail complex, as customers might take the time to enjoy our consumption lounge, Dab Bar, have an espresso, pizza or simply a cup of Jamaica Blue Mountain coffee.
The Jamaican operations of Kaya Group include three Kaya Herb House premium retail locations. The Kaya Herb House in Kingston is only a few minutes from Bob Marley's house and across the road from T.G.I. Fridays in the heart of Kingston within the golden triangle. The Kaya Herb House in the historic town of Falmouth is located in front of the cruise ship terminal about 30 minutes from Montego Bay. The flagship Kaya Herb House retail complex, cultivation, and processing operations are in Ocho Rios. Kaya recently opened the first phase of its Wellness Center at The Gap, located in the pristine hills of the Jamaican Blue Mountains, part of the UNESCO World Heritage site.
About Kaya Group and NUGL Inc.
NUGL and Kaya merged in April 2022 to form a multifaceted cannabis lifestyle company deriving globally diverse revenue streams from a portfolio of powerful brands and operations delivering quality at scale. Kaya Herb House's flagship retail store and farm operations are located in the tourism mecca of Ochi Rios. The company also operates a retail store in Kingston within the golden triangle and another in the historic town of Falmouth. Kaya recently opened its first phase of its Wellness Center at The Gap, located in the Blue Mountains' pristine hills, in the Winter of 2022.
Kaya Herb House Drax Hall is Jamaica's first legal Medical Marijuana dispensary. It offers tours of Kaya Farm, which has a variety of over 45 different genetics being cultivated and processed. Our retail complex includes Kaya Herb House with Dab Bar Consumption Lounge, authentic Italian thin crust pizzeria and Square Grouper bar on-premise.
Website – Kaya Herb House website
Instagram – Kaya Herb House Instagram
Facebook - Kaya Herb House Facebook
Twitter - Kaya Herb House Twitter
NUGL App highlights profiles for businesses in all sectors of the cannabis industry, including retail stores, brands, services, events, and more. Our platform allows companies to build and structure detailed items within our global menu, aiding connections between business and consumer communities through targeted networking and enabling various advertising opportunities to expand their reach.
Forward-Looking Statements
Certain statements in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses, or net earnings; projections of growth; and assumptions relating to the preceding. Such forward-looking statements generally start with the "plans," "anticipates," "expects," "believes," or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those outlined in, contemplated by, or underlying the forward-looking information. The company's business plan addresses these factors in greater detail, along with NUGL's current financial filings with the OTC Markets Group.
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