Replies to post #46887 on $We_Beat_Wallstreet

[mudturtle]

AFAI news: (link back)

Marijuana Holdings Americas Announces First License Awarded For Medical Marijuana Facility In Oregon

HOLLYWOOD, Fla., April 10, 2014 /PRNewswire/ -- Alternative Fuels Americas, Inc. (AFAI) announced today that its subsidiary Marijuana Holdings Americas, Inc. has been granted a provisional license to open a Medical Marijuana Facility (MMF) in Portland, Oregon. MJAI now has until May 20, 2014 to file its security and operational plans, upon which the State issues its certification so the MMF can begin lawful operations as MJAI's first Medical Marijuana Dispensary.

"We are pleased that our application has been approved. We plan for this to be the first of many," states CEO Craig Frank. "We have secured our lease and our security system installation and operations manuals are on schedule. We are completing the site improvements and ordering all store fixtures. Our plan is to develop a powerful and appealing brand and provide a friendly and knowledgeable consumer experience, making our MMFs the first choice for all medical marijuana patients in Portland."

This license marks the implementation of the Company's business plan that calls for activity in the legal marijuana sector in select states. The Company has also targeted states with pending legislation, including its home state, Florida, where a referendum on medical marijuana is schedule to be on the ballot in November.

"We have our game plan and what we believe to be a well-conceived strategy which we are thoughtfully executing," continues Mr. Frank, "This license is the fulfillment of our stated goal and demonstrates we have the will and the skill to execute."

In a related matter, the Company announces that it received $250,000 of institutional funding in the first quarter of 2014. These funds will be earmarked for the Company's subsidiary Marijuana Holdings Americas, Inc. The funding was an equity transaction and did not involve convertible debt.

[mudturtle]

AFAI NEWS (link back)

AFAI's Marijuana Holdings Americas Announces Grand Opening Of First "Kaya Shack" ™ Marijuana Store

PORTLAND, Ore., July 2, 2014 /PRNewswire/ -- Alternative Fuels Americas, Inc. (AFAI) announced today that its majority owned subsidiary Marijuana Holdings Americas, Inc. will open the first Kaya Shack™ on Thursday, July 3, 2014 at 10:00 a.m. and commence sale of marijuana to licensed medical marijuana cardholders in Portland, Oregon. The first Kaya Shack™ marijuana dispensary is the beginning of a planned rollout of a national chain. The opening places AFAI as the first US publicly traded company to own a majority interest in a marijuana dispensary conducting legal sales of marijuana in the United States.

"We are very excited to be opening the first Kaya Shack," states CEO Craig Frank. "We believe our brand is unique and inviting, and our staff is well trained to provide a friendly and knowledgeable consumer experience. Our wide selection, sharp appearance, friendly service and highest quality standards will make our MMFs the first choice for medical marijuana patients in Portland, Oregon, and will lay the foundation for a nationally recognized brand."

This grand opening marks the further implementation of the Company's business plan that calls for activity in the legal marijuana sector in select states and coincides with great interest in marijuana companies. The Company has targeted adding an additional 4-6 Kaya Shacks in Oregon and has plans to place Kaya Shacks in other states once pending legislation passes (including its home state of Florida where a referendum on medical marijuana will be on the ballot in November).