Marijuana Stock News:
KAYA HOLDINGS (OTCQB:KAYS)
www.kayaholdings.com
TECHNICAL 420 INITIATES COVERAGE OF
KAYA HOLDINGS (OTCQB:KAYS)
KAYS RECENT NEWS AND MILESTONES
Friday June 12, 2015
From the Desk of Craig Frank, CEO, KAYS
President, Kaya Holdings
Dear Shareholder
We are presently working on the revised corporate website, and wanted to share with you a timeline of KAYS developments over the past 60 days or so.
Please watch for the launch of our updated website over the next few weeks as well as other developments.
I thank all of you for your support, and ask that you stay tuned as we are only just beginning our growth at Kaya Holdings.
Sincerely,
Craig Frank
1. Friday, June 12, 2015. Technical 420 Initiates KAYS stock coverage:
"Wake and Trade"
- KAYS comments from Michael Berger, President and Head of Research, Technical 420...
"Kaya Holdings, Inc. (KAYS) has rallied 35% during the last month and shares are trading above its 20, 50, and 150 day moving average. The company’s momentum has been in an upwards trend since May 29th and its RSI has increased to 59 from 40. KAYS is up 11% since filing an application for a license to open its second medical marijuana dispensary in Oregon.
The company said the second location would be three times the size of the first dispensary and KAYS is working diligently to have its dispensary open in time for the commencement of Oregon’s recreational marijuana market.
Technical420 is favorable on KAYS due to its first mover advantage and the company’s success will come down to execution. KAYS is led by a management team focused on growing the business and creating value for shareholders.
Technical420 is on the sidelines with KAYS at current levels and we will become more favorable if the company can execute on its plan in time for the opening of Oregon’s recreational marijuana market. Technical420 recommends waiting for shares to dip before creating a position and we will keep you updated."
Full Research Report to Follow...
Technical 420, has advised us that they will be issuing a research report on Kaya Holdings and the development of the Kaya Shack brand of medical marijuana dispensaries, recreational marijuana stores and marijuana grow facilities.
We have not paid them for their coverage, but as we maintain a corporate subscription (cost of approximately $200.00 per year) they have given us permission to send the report to our shareholders and other interested parties, which we intend to do as soon as it is available to us .
2. June 3rd, 2015. KAYS announces filing of license application for next medical marijuana dispensary...
2ND MEDICAL MARIJUANA DISPENSARY LICENSE FILED BY KAYA HOLDINGS (KAYS); COMPANY TO FAST-TRACK “MARIJUANA SUPERSTORE”; LAUNCH TO COINCIDE WITH POTENTIAL EARLY REC SALES
3. May 14, 2015. KAYS files 10-Q with expanded Management Discussion and Analysis of operations, pictures of grow and dispensary operations, and copies of test certifications for our proprietary "Kaya Kush" cannabis strain...
Kaya Holdings, Inc. 2015 10-Q
4. April 15th, 2015. KAYS becomes the first US publicly traded company to file with the SEC and report revenues as a vertically integrated retailer and grower of medical marijuana...
Kaya Holdings, Inc. 2014 10-K/A
5. April 9th, 2015. KAYS confirms launch of Medical Grow Operation and became the first US publicly traded company to own a majority interest in a vertically integrated legal marijuana enterprise in the United States...
Kaya Farms Marijuana Grow Operation
To Feed Kaya Shack Supply Chain
6. April 7, 2015. Following a year that saw delistings and trading suspensions due to fraud and non-compliance within the Cannabis Sector, FINRA approves name and symbol change which we institue to more accurately reflect KAYS cannabis operations...
AFAI'S Marijuana Operations Now "Kaya Holdings,"
New Trading Symbol (OTCQB:KAYS)
About Kaya Holdings, Inc. (KAYS)
KAYS (OTCQB:KAYS) through its subsidiary, Marijuana Holdings Americas, Inc. owns and operates the Kaya Shack, the first legal marijuana dispensary by a U.S. publicly traded company – Kaya Shack™. KAYS creates and establishes it own brands that produce, distribute and/or sell premium cannabis products, including flower, concentrates, and cannabis-infused baked goods and candies.
For more information visit www.kayaholdings.com
or contact Investor Relations 561-210-7664
Kaya Shack #2, our new Marijuana Superstore is in a major shopping center with a grand opening targeted to coincide with potential early rec sales in Oregon. With clean lines and an inviting atmosphere, our Kaya Shacks make good neighbors for both local and nationally recognized businesses such as Little Cesars, Subway, Walmart, National and many others. We have executed a lease for this location and are awaiting licensing application results from the State of Oregon.
Here, KAYS employees help remove the trim to reveal
some of the the choice flower grown at Kaya Farms.
The Kaya Shack™ currently features nearly 30 popular strains of
independently tested-and-certified Oregon Connoisseur-Grade Medical Marijuana, organically grown in our very own Kaya Farms....
...including our proprietary, high-grade “Kaya Kush"...
...as well as other carefully selected products include concentrates (ranging from approximately 40%-80% THC), high grade OCO and RSO Oils (sought after for pain and cancer symptom alleviation), and various marijuana infused tinctures and edibles including “Kaya Candies”.
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 AFAI 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.
Kaya Shack is owned and operated by Marijuana Holdings Americas, Inc.,
a majority owned subsidiary of KAYS.
