Cannabis Company Kaya Holdings, Inc. (OTCQB:KAYS) Confirms Issuance of OLCC Recreational License for Existing Salem, Oregon Kay

Cannabis Company Kaya Holdings, Inc. (OTCQB:KAYS) Confirms Issuance of OLCC
Recreational License for Existing Salem, Oregon Kaya Shack™ Marijuana

$2.1 Million Funding Commitment Secured Toward 2017 Growth Plan

FORT LAUDERDALE, Fla., Jan. 06, 2017 (GLOBE NEWSWIRE) -- Kaya Holdings, Inc.
(OTCQB:KAYS) (the “Company” or “KAYS”) announced today that it has been
awarded its first full recreational marijuana retailer license from the Oregon
Liquor Control Commission (the “OLCC”) for its existing South Salem Kaya
Shack™ Marijuana Superstore.  The Company also announced that KAYS has secured
a $2.1 million funding commitment to implement the Company’s 2017 growth plan.

“We appreciate the hard work of the dedicated folks at The Oregon Liquor
Control Commission, which is responsible for regulating and licensing adult
use marijuana enterprises in Oregon. We realize they have been creating an
infrastructure from scratch that seeks to meet and satisfy diverse and
sometimes competing sets of interests. We understand and respect the steps the
OLCC has taken to ensure the legality and integrity of the emerging legal
cannabis sector in Oregon,” commented Craig Frank, KAYS CEO.

“We are pleased we have received our first license to sell legal adult use
marijuana in our existing South Salem Kaya Shack™ Marijuana Superstore, and
now that our public company ownership structure has been approved, we expect
to confirm the issuance of licenses for the two new Kaya Shack™ Marijuana
Superstores we are developing in Salem as soon as construction is complete and
they are inspected,” Mr. Frank continued.  “Additionally, we hope to have
resolution of our Portland, Oregon city licensing issue within the very near
future so that we may resolve the location of our marijuana production and
processing facility as well as convert our existing Medical Marijuana
Dispensary in Portland to full OLCC recreational status.”

“We are equally thrilled that we have secured a $2.1 million financing
commitment from our existing institutional funding sources that we believe
will enable us to execute on our 2017 growth plan. The funds are targeted to
expand the capacity of our manufacturing and grow facility, open new stores
and introduce Kaya owned brands. We are grateful for the opportunity this
funding provides us.”

About Kaya Holdings, Inc. (

KAYS (OTCQB:KAYS) through its subsidiaries, owns and operates Kaya Shack™
(, the first legal marijuana dispensary owned and operated
by a U.S. publicly traded company.  KAYS creates and establishes its own
brands that produce, distribute and/or sell premium cannabis products under
proprietary brands, including flower, concentrates, and cannabis-infused baked
goods and candies. The Company also operates its own Grow facility.

IMPORTANT DISCLOSURE:  KAYS is planning execution of its stated business
objectives in accordance with current understanding of State and Local Laws
and Federal Enforcement Policies and Priorities as it relates to Marijuana (as
outlined in the Justice Department's Cole Memo dated August 29, 2013), and
plan to proceed cautiously with respect to legal and compliance issues.
Potential investors and shareholders are cautioned that KAYS and its
subsidiaries will obtain advice of counsel prior to actualizing any portion of
their business plan (including but not limited to license applications for the
cultivation, distribution or sale of marijuana products, engaging in said
activities or acquiring existing Cannabis production/sales operations). Advice
of counsel with regard to specific activities of KAYS and its subsidiaries,
Federal, State or Local legal action or changes in Federal Government Policy
and/or State and Local Laws may adversely affect business operations and
shareholder value.

Forward Looking Statements

This press release includes statements that may constitute "forward-looking"
statements, usually containing the words "believe," "estimate," "project,"
"expect" or similar expressions. These statements are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Forward-looking statements inherently involve risks and uncertainties
that could cause actual results to differ materially from the forward-looking
statements. Factors that would cause or contribute to such differences
include, but are not limited to, acceptance of the Company's current and
future products and services in the marketplace, the ability of the Company to
develop effective new products and receive regulatory approvals of such
products, competitive factors, dependence upon third-party vendors, and other
risks detailed in the Company's periodic report filings with the Securities
and Exchange Commission. By making these forward-looking statements, the
Company undertakes no obligation to update these statements for revisions or
changes after the date of this release.

For more information contact:
Investor Relations: 561-210-7664

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