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AFAI's Marijuana Holdings Americas Announces Grand Opening Of First "Kaya Shack" ™ Marijuana Store
PORTLAND, Ore., July 2, 2014 /PRNewswire/ -- Alternative Fuels Americas, Inc. (AFAI) announced today that its majority owned subsidiary Marijuana Holdings Americas, Inc. will open the first Kaya Shack™ on Thursday, July 3, 2014 at 10:00 a.m. and commence sale of marijuana to licensed medical marijuana cardholders in Portland, Oregon. The first Kaya Shack™ marijuana dispensary is the beginning of a planned rollout of a national chain. The opening places AFAI as the first US publicly traded company to own a majority interest in a marijuana dispensary conducting legal sales of marijuana in the United States.
"We are very excited to be opening the first Kaya Shack," states CEO Craig Frank. "We believe our brand is unique and inviting, and our staff is well trained to provide a friendly and knowledgeable consumer experience. Our wide selection, sharp appearance, friendly service and highest quality standards will make our MMFs the first choice for medical marijuana patients in Portland, Oregon, and will lay the foundation for a nationally recognized brand."
This grand opening marks the further implementation of the Company's business plan that calls for activity in the legal marijuana sector in select states and coincides with great interest in marijuana companies. The Company has targeted adding an additional 4-6 Kaya Shacks in Oregon and has plans to place Kaya Shacks in other states once pending legislation passes (including its home state of Florida where a referendum on medical marijuana will be on the ballot in November).
AI
