Kaya Holdings Inc. (KAYS)

[Drugdoctor]

Sure, here's the PR again to 700% revenue increase...

Cannabis Retailer Kaya Holdings (OTCQB:KAYS) Files Licenses, Signs Leases for Two More Kaya Shack™ Marijuana Superstores
Kaya Holdings
May 17, 2016 8:00 AM
GlobeNewswire
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3RD AND 4TH MARIJUANA DISPENSARY LOCATIONS TO COMPLETE COVERAGE IN LUCRATIVE SALEM, OREGON MARKET

10-K SHOWS Q-4 2015 REVENUES UP 700% SINCE BEGINNING OF RECREATIONAL MARIJUANA SALES

FT. LAUDERDALE, Fla., May 17, 2016 (GLOBE NEWSWIRE) -- Kaya Holdings, Inc. (KAYS), confirmed today that it has concluded lease agreements and filed license applications for its next two Kaya Shack™ Marijuana Superstores, which when fully licensed and open will bring the total to four retail marijuana locations operating under the Kaya Shack™ brand.

Store #3 is located in North Salem, Oregon, adjacent to a Starbucks Coffee and Store #4 is to be located in Central Salem, Oregon, near a Popeye’s Chicken and other nationally recognized fast-food and retail brands. Both of these new locations are being developed using the attractive “Marijuana Superstore” footprint, which allows for increased revenue opportunities.

“We are pleased to have resolved the issues surrounding the 3rd store lease and are anxious to get that store built-out and operating. The location is outstanding and the layout allows for our Superstore model,” stated Craig Frank, CEO of Kaya Holdings. “As exciting,” continues Frank, “the lease for our 4th store, also a Superstore, provides us with another excellent location”.


KAYA HOLDINGS, INC. Files SEC form 10-Q, Quarterly Report EDGAR Online 15 hrs ago
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“These two additional stores – bringing our total to 4 stores – alongside Kaya Farms, the Kaya Buddies brand, and products now under development, represent a significant opportunity for the Company to substantially increase revenues, further entrench the Kaya Shack™ brand, and establish Kaya Holdings as the leading publicly traded company actually interacting with cannabis. Beyond being historic, this fact serves as the foundation on which we can continue to expand our brand and develop a world-class cannabis company.”

In an unrelated announcement the Company confirmed that they have filed their 2015 Annual Report on Form 10-K and that it is now available at www.sec.gov. The 10-K has audited results of operations for 2015 (average monthly revenues for Q-4 since the inception of recreational marijuana sales were up approximately 700%) as well as details of Kaya Farms Cannabis Crop Reports, results of “Kaya Buddies” branding development and an overview of the 2 new Kaya Shack™ Marijuana Superstores stores currently under development.