Kaya Holdings Inc. (KAYS)

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Cannabis Company Kaya Holdings, Inc’s Greek Joint Venture Names Lead Engineer for its 15-acre Cannabis Cultivation & Processing Facility in Thebes, Greece

Thu, January 21, 2021, 8:45 AM·9 min read

KAYS

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FT. LAUDERDALE, FL / ACCESSWIRE / January 21, 2021 / Kaya Holdings, Inc., ("KAYS" or the "Company") (OTCQB:KAYS), the first U.S. publicly traded company to vertically integrate cannabis retail, cultivation and processing, announced today that its Greek joint venture has named Dimitris Bouras the Lead Engineer, and his firm, Whitestone MCI, the Chief Engineering Group for the development and construction of the Company's planned cannabis cultivation and processing facility in Thebes, Greece.

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The Kaya Kannabis Greece Facility (designer rendering), together with Kaya Farms Israel are configured to produce approximately 600,000 pounds of GMP Certified, Premium, Medical-Grade Cannabis annually for potential export to the European Union and elsewhere (after obtaining successful financing, completing construction and obtaining final requisite licensing)



KAYS recently reported that its majority-owned subsidiary, Kaya Brands International, Inc. ("KBI"), has exercised its option to acquire a 50% Interest in Athens, Greece based Greekkannabis, SA ("GKC"). GKC has been awarded its Phase One license by the Greek authorities for the construction of a facility encompassing approximately 225,000 square feet of cannabis cultivation and 80,000 square feet of cannabis processing on 15 acres of land in Thebes, Greece.
"Greek Kannabis and our project, Kaya Kannabis, is lucky to have the loyal cooperation and deep knowledge base provided by Dimitris and his team at Whitestone", says KAYS CEO Craig Frank. "They have demonstrated their expertise in numerous projects in Greece and abroad - including cannabis projects", continued Frank, "and they are tried and true experts on the processes of cultivating cannabis, the processes extraction, the demands of logistics, the needs for security, and the requirements for EU-GMP Pharma grade standards - and manage to plan for maximum efficiencies. I enthusiastically welcome Dimitris and his team to our team".
About Dimitris Bouras and Whitestone MCI
(https://www.whitestone-mci.com and http://www.whitestone-europe.com)

Dimitris Bouras has successfully been planning and constructing large engineering projects internationally for 30 years, and serves as the CEO of Whitestone, a firm founded in 2008 that is active in engineering, design, construction and O&M of industrial, marine and commercial projects. Whitestone MCI has been active in the Medical & Industrial Cannabis Industry since 2017 and is a leading Engineering & EPC Contracting Company that offers total project development services to GACP/EU GMP Standards. Whitestone MCI currently has active projects in Greece, Cyprus, Portugal, North Macedonia, Poland and Africa.



To see a 2 minute video on Whitestone MCI and their services please cut and paste this link into your browser:

About Kaya Holdings, Inc. (www.kayaholdings.com)
Kaya Holdings, Inc. (OTCQB:KAYS) is a touch-the-plant vertically integrated legal cannabis company operating a number of majority-owned subsidiaries that retail, cultivate, produce and distribute premium medical and recreational cannabis products, including flower, concentrates, oils and extracts, cannabis-infused foods and beverages, topicals and cannaceuticals. KAYS is a fully reporting, US-based publicly traded company, listed for trading on the OTCQB Tier of the over-the-counter market under the symbol OTCQB:KAYSD.