Kaya Holdings Inc. (KAYS)

[AC7880]

There has not yet been a full quarter of reporting that included recreational marijuana.

The next 2 quarters of financials will provide the information we all need - progress towards profits - or not.

Seed to sale, one cultivation, two dispensaries. One more dispensary in planning stages. All vetted and licensed by the state of Oregon. All selling recreational and medical MJ.


http://www.oregon.gov/olcc/marijuana/pages/frequently-asked-questions.aspx

Q: Is there a limit to the number of licenses that will be issued?
A: No. There is no limit to the number of licenses the OLCC will be issuing.

Q: Can a person/business hold multiple licenses and/or license types?
A: Yes, a person or business may be vertically integrated, having multiple license types and licenses.

Q: How many licenses can I have?
A: A licensee may hold multiple licenses and multiple license types.

Q: Can I have all of my licenses in one building?
A: The language in our temporary rules does not prevent different license types from being located on the same property. However House Bill 3400 does indicate, “the Oregon Liquor Control Commission may require a premises licensed under section 19, 20, 21 or 22, chapter 1, Oregon Laws 2015, to be segregated into separate areas,” if there appears to be a reason for the licensed areas to be separated this may be requested by the OLCC accordingly. All applicants should also be in compliance with local government regulations. Although our temporary rules do not require segregation, the local government may have specific restrictions on this matter. The OLCC recommends applicants work with local governments to ensure compliance.

Q: Are there limits in regards to how much marijuana can be transferred between license types?
A: No limit has been established at this time. We encourage applicants to research Oregon Department of Transportation laws and rules.

Q: What if there’s a change to the business structure after a license is issued?
A: There is a change of business structure form that must be completed prior to the change occurring, as indicated in the OLCC rules.

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Growth industry, growth company.