|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0802 - 0.0920|
|52 Week Range||0.0500 - 0.1400|
|Beta (3Y Monthly)||-1.33|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 19, 2018 - Nov 23, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Kaya Holdings, Inc. (KAYS), an integrated retailer and producer of legal medical and recreational cannabis products, hailed today the passage by the Oregon legislature of SB-582, permitting the export of cannabis from Oregon to states and countries with which it creates mutually recognized legal cannabis exchange agreements. The Company calls on Governor Brown to sign the bill, positioning Oregon to lead the American cannabis industry. The bill allows for Governor Brown to enter into Interstate Cannabis Agreements with other states for the licensed and regulated sale of cannabis between legal markets.
The Company expects to secure agreement with a leading Canadian franchise and real estate brokerage firm, as well as completion of its Franchise Disclosure Documents (FDD) over the next 30-45 days, with United States franchising and licensing to follow as regulations and laws permit. Targeted markets include Canada where marijuana is now federally legal, as well as select markets in the United States, such as Illinois, which just passed legislation legalizing the sale of marijuana for recreational purposes.
KAYS also announced a number of business developments, including significant independent laboratory testing results for cannabis strains under development at Kaya Farms™, brand and product development for a number of Kaya owned cannabis brands which KAYS plans to bring to market during 2019-2020 and progress in the development of Kaya Shack™ retail Cannabis Store Franchise sales in Canada.
Kaya Holdings, Inc. (KAYS) announced today that it has retained the law offices of Garfinkle Biderman LLP of Toronto to marshal an agreement to franchise its Kaya Shack™ brand of cannabis dispensaries in Canada. The Company is currently in the final stages of talks with a leading Ontario based franchise-consulting group to lead the sales effort, and expects to enter into an area representative agreement calling for a multi-year structured rollout of up to 75 Kaya Shack™ Retail Marijuana locations throughout Canada, subject to market conditions.
Kaya Holdings, Inc. (KAYS) has launched a subsidiary called Kaya Worldwide to explore a number of international opportunities for the expansion of Kaya Medical and Recreational Cannabis Operations. The Company also issued an update on its U.S. operations and the scheduling of KAYS’ Annual Shareholder Video and Conference call. The Company has formed a new subsidiary, Kaya Worldwide, to explore and secure opportunities that have been presented to KAYS to serve markets outside of North America, including the European Union, Asia, and Africa.
Kaya Holdings, Inc. (KAYS) announced today that it is postponing its annual shareholder webinar and conference call, originally scheduled for Tuesday, December 18, 2018, until after the New Year to allow for the completion of negotiations for potential further expansion of the Company’s current cultivation canopy. The Company will announce the new date promptly after the first of the year and anticipates that it will endeavor to hold the shareholder webinar and conference call during the first two weeks of January 2019. The Company apologizes for any inconvenience this change may cause.
Kaya Holdings, Inc. (KAYS), the first U.S. publicly traded company to operate a vertically integrated legal marijuana enterprise, is pleased to announce that its next annual shareholder webinar and conference call will be held on Tuesday, December 18, 2018 at 2:00 pm EST. The call is expected to last between 60-90 minutes and will feature never before seen videos of Kaya Shack and Kaya Farms operations, a presentation by management and an opportunity for Q&A. Seating is limited and is by reservation only. Topics to be discussed include: KAYS Q-3 financial results, our recent asset acquisition and development of the Eugene, Oregon based Kaya Farms Marijuana Grow and Manufacturing Facility and our acquisition model that we intend to implement going forward, the status of new brands to be introduced in 2019 and an industry overview.
Kaya Holdings, Inc. (KAYS) announced today that it has prevailed in its appeal of Linn County Oregon’s denial of its valid application to develop and construct Kaya Farms™, a 80,000 plus square foot indoor/outdoor cannabis production facility, on its 26 acre farm in Lebanon, Oregon. The Company also confirmed that its Quarterly Report on Form 10-Q for the quarter ended September 30, 2018 will be filed with the SEC later today, marking a period viewed by management as the beginning of an era of Company growth.