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Tuesday, 04/17/2018 9:41:14 AM

Tuesday, April 17, 2018 9:41:14 AM

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MEDICAL AND RECREATIONAL CANNABIS COMPANY KAYA HOLDINGS, INC. (OTCQB:KAYS) APPLAUDS WHITE HOUSE PLEDGE OF NON-INTERFERENCE IN STATE LEGAL MARIJUANA INDUSTRIES

https://ih.advfn.com/p.php?pid=nmona&article=77194746&symbol=KAYS

"Ft. Lauderdale, Florida -- April 17, 2018 -- InvestorsHub NewsWire -- Kaya Holdings, Inc. (OTCQB: KAYS) applauds reports that President Trump has provided assurances to Colorado Senator Cory Gardner that federal agents would not interfere with the legal cannabis markets in states permitting regulated recreational and medical use. In a statement Senator Gardner said, "President Trump has assured me that he will support a federalism-based legislative solution to fix this states' rights issue once and for all."

The White House confirmed Senator Gardner's understanding is correct. "The President did speak with Sen. Gardner yesterday, and again today, said Press Secretary Sarah Sanders in comments to reporters Friday afternoon." The president is a firm believer in states' rights, and verified Senator Gardner's account of the assurances he received from the president were accurate."

"We are pleased to have the shadow cast on the industry in recent weeks by Attorney General Sessions removed through the tireless advocacy of Senator Gardner and others," commented Craig Frank, CEO of Kaya Holdings. "As the industry continues to grow and contribute to the economies and communities we serve, the wisdom of the President's pledge will become ever more obvious. It is our hope that the President will continue to review current national policy on cannabis and move to make U.S. companies more engaged globally through the issuance of export licenses. By doing so, we can transform the U.S. into a global cannabis powerhouse, providing Kaya Holdings and other sector leaders with the legal framework through which to sell internationally".

"Current policies have caused a flight of billions of dollars in U.S. investment capital to Canadian companies. Moreover, the legal marijuana recreational and medical industry employs an estimated 200,000 workers, and is estimated to expand to $75 billion dollars in North America alone by 2030, with the tax windfall for participating states in the multiple of billions" added W. David Jones, Senior Advisor to Kaya Holdings. "American cannabis industry investors and workers contribute to the legal economy, and their capital and jobs should be protected no differently than, for example, steel workers".
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