Kaya Holdings, Inc. Formally Launches Canadian Franchise Sales Program for its Kaya Shack™ Retail Brand, Targeting 75-100 Cannabis Stores by 2024
GlobeNewswireSeptember 17, 2019, 9:00 AM EDT
KAYS CEO joins first Franchise Academy sales seminar in Toronto FORT LAUDERDALE, Fla., Sept. 17, 2019 (GLOBE NEWSWIRE) -- Kaya Holdings, Inc. (KAYS), a vertically integrated legal cannabis enterprise that cultivates and retails medical and recreational cannabis under its proprietary Kaya Shack™ and Kaya Farms™ brands, announced today that it has formally launched its Canadian franchise effort with the appearance of Kaya’s CEO at a Franchise Academy franchise sales seminar in Toronto. In keeping with KAYS’ exclusive representation agreement with the Franchise Academy (http://www.franchiseacademy.ca), Kaya Shack™ was the sole cannabis opportunity and drew significant audience interest. The Franchise Academy and its founder Shawn Saraga, has 15 years of franchise sales and real estate placement experience, successfully closing over 700 franchise agreements and leases across Canada. The firm estimates that development goals for the highly likable and accessible Kaya Shack™ in the Canadian market to be as high as 75-100 cannabis retail stores.
“It was a great pleasure participating in the Franchise Academy’s franchise sales seminar, the professionalism of which and audience size only serving to increase my enthusiasm for the Canadian franchise opportunity,” KAYS CEO Craig Frank remarked. “We have completed our Franchise Disclosure Documents, our franchise training program, and the structure we would need to franchise in Canada, and later, when regulations permit, the United States,” Frank continued, “and importantly, have also concluded our shop conversion program, which we hope will accelerate franchise development in multiple markets.” Kaya Holdings to Raise Capital Via Rule 506(c) Offering to Fund KAYS Expansion and Launch Kaya Brands International
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