BB's Stock Haven

[Drugdoctor]

$KAYS.071-what did CEO Craig Frank Say in the earnings PRESS RELEASE?

Separately, KAYS is pleased to announce that work and licensing is progressing for its next two planned Kaya Shack™ Marijuana Superstores, which when fully licensed and operational, will bring the total to four retail marijuana outlets operated by the Company under its Kaya Shack™ brand.

Store #3 is planned for north Salem, Oregon, adjacent to a Starbucks Coffee and the planned location for Store #4 is central Salem, Oregon, near a Popeye’s Chicken and other nationally recognized fast-food and retail outlets. Both of these new locations are being developed using the attractive “Marijuana Superstore” footprint, which KAYS believes allows for enhanced revenue opportunities.

KAYS CEO Craig Frank stated, “Our financial model is beginning to come together and we believe that adding these next two stores will bring the Company to cash flow positive operations, which will in turn allow us to explore many additional opportunities for continued growth.”

http://finance.yahoo.com/news/cannabis-retailer-kaya-holdings-otcqb-131000984.html