FT. LAUDERDALE, Fla., Dec. 21, 2017 (GLOBE NEWSWIRE) -- Kaya Holdings, Inc. (OTCQB:KAYS), released today three video clips included in its annual shareholder meeting held Wednesday, December 20, 2017. The clips include an inside look at the Company’s Kaya Shack™ stores, an overview of cannabis and cannabis-infused products sold at Kaya Shack™ stores, and an architect rendition of the to-be-constructed Kaya Farms™ and Kaya Manufacturing and Production Complex.
The Annual Shareholder meeting included discussions by Kaya Holdings’ CEO Craig Frank and Special Advisor W. David Jones on the current political environment, the state of the U.S. cannabis sector, Kaya Shack™ operations and performance, plans for the launching of Kaya Delivers Home Delivery Service, the Kaya Farms™ build out, new brands to be released in 2018, and the Company’s recently announced cannabis-for-opioids program, Kaya Cares.
In discussing Kaya Shack™ stores and the enhancements expected in 2018, CEO Frank stated, “During 2018 it is our plan to complete all the unique aspects for each store, and upon completion, launch a highly visible marketing effort to position the stores as centers of culture and activity in Salem.”
In discussing Kaya Farms™ Special Advisor Jones stated, “The law limits only the size of the flowering canopy, for which we have selected the maximum sizes permitted… regulations also permit us to dedicate additional space for medical marijuana cultivation and research. The Company plans to use some of this dedicated space – about 10,000 square feet – to grow cannabis for our Kaya Cares opioid-cannabis swap program, and other medical cannabis related endeavors.”
Craig Frank, CEO of Kaya Holdings also confirmed that the video of the full meeting, including the half hour question and answer segment, will be released over the coming week with the launch a new Kaya Holdings website.
Links to Access Video Clips:
Kaya Shack™ Store Tour™:
https://www.dropbox.com/s/49i5emi3wc0ha0d/Store%20Tour%20Final%20%28hi-res%29.mp4?dl=0
Kaya Shack™ Products:
https://www.dropbox.com/s/tebm51dgkno87ga/Products%20Final.mp4?dl=0
Kaya Farms™ (Architect’s Project Rendition)
https://www.dropbox.com/s/3po31ksdilcl9l9/Kaya_Farms%20Final.mp4?dl=0
About Kaya Holdings, Inc.
KAYS (OTCQB:KAYS), through subsidiaries, produces, distributes and sells legal premium medical and recreational cannabis products, including flower, concentrates and oils, and cannabis-infused foods.
In 2014, KAYS, became the first publicly traded company to own and operate a Medical Marijuana Dispensary. KAYS presently operates three Kaya Shack™ OLCC licensed marijuana retail stores to service the legal medical and recreational marijuana market in Oregon, with store number four currently under construction. Additionally, KAYS recently acquired a 26 acre parcel which it has targeted for development of the Kaya Farms™ Medical and Recreational Marijuana Grow and Manufacturing Complex.
IMPORTANT DISCLOSURE: KAYS is planning execution of its stated business objectives in accordance with current understanding of State and Local Laws and Federal Enforcement Policies and Priorities as it relates to Marijuana (as outlined in the Justice Department's Cole Memo dated August 29, 2013), and plan to proceed cautiously with respect to legal and compliance issues. Potential investors and shareholders are cautioned that AFAI and MJAI will obtain advice of counsel prior to actualizing any portion of their business plan (including but not limited to license applications for the cultivation, distribution or sale of marijuana products, engaging in said activities or acquiring existing Cannabis production/sales operations). Advice of counsel with regard to specific activities of KAYS and MJAI, Federal, State or Local legal action or changes in Federal Government Policy and/or State and Local Laws may adversely affect business operations and shareholder value.
Forward Looking Statements
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
For more information contact Investor Relations: 954-892-6911.