KAYA Holdings Inc. (KAYS)
Kaya Holdings, Inc. (KAYS) through its majority-owned subsidiary, Marijuana Holdings Americas, Inc. creates and establishes its own brands that produce, distribute and/or sell premium cannabis products, including flower, concentrates, and cannabis-infused baked goods and candies. Current operations in Portland, Oregon include the Kaya Shack, the first legal marijuana dispensary (MMD) operated by a U.S. publicly traded company, as well as the Kaya Farms Grow for the cultivation and harvesting of legal marijuana. By forming the Kaya Farms Medical Marijuana Grow to feed the Kaya Shack supply chain, KAYS became the first US publicly traded company to own a majority interest in a vertically integrated legal marijuana enterprise in the United States. While the Company intends to both maintain and increase operations within the medical marijuana market in Oregon through potential acquisition of existing MMDS and the formation of new medical grow operations ursuant to existing Oregon State Licensing Regulations, Management believes that the larger opportunity will be with the new recreational market that will be unfolding in Oregon that involves vertical integration utilizing Producer, Processor, Wholesaler and Retailer licenses. Unlike the medical marijuana program, there are no restrictions or limitations with the Recreational Market regarding patient qualifications, and a much larger market will open up for retail demand which the Company intends to aggressively exploit by leveraging their Oregon MMD experience and public company status. The Company intends to seek additional licensing opportunities in various states and territories throughout the country which have legalized recreational and/or medical marijuana use, as well as select states and territories where legalization is pending or is otherwise under consideration through joint efforts with the Drug Policy Alliance and the Drug Policy Alliance's lobbying affiliate, Drug Action and other activists and lobbyists. Potential future target markets include Alaska, Arizona, California, Colorado, Connecticut, Illinois, Michigan, Nevada, New Jersey, New York, Ohio, Pennsylvania, Texas, Vermont, Washington D.C., Washington State and others.