Kaya Holdings (OTCQB: KAYS) Opens 3rd Kaya Shack™ Recreational Marijuana Store and Medical Marijuana Dispensary

Kaya Holdings (OTCQB: KAYS) Opens 3rd Kaya Shack™ Recreational Marijuana Store
and Medical Marijuana Dispensary

SALEM,  Ore.,  March  21,  2017  (GLOBE  NEWSWIRE)  --  Kaya  Holdings,   Inc. 
(OTCQB:KAYS), announced today that it has received its 3^rd Marijuana Retailer
license from the Oregon Liquor Control  Commission (OLCC), and has opened  its 
third Kaya Shack Retail Marijuana location. Kaya Shack 3, with more than  2400 
square feet of Class “A” retail space  in North Salem, Oregon is built on  the 
Marijuana Superstore Model and features  a wide selection of fine,  affordable 
cannabis, cannabis  infused products,  and accessories  for both  recreational 
customers and medical marijuana patients.

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/d42179a5-7614-4ffb-ba9e-87dfdae4fa7d

http://www.globenewswire.com/NewsRoom/AttachmentNg/b703f92a-5b20-4ba0-a144-85b54cd600d0

“This new store is the next step in the execution of our business plan.
Although its opening was delayed by a transitioning regulatory environment, we
are hopeful that it will serve as a cornerstone of our presence in Salem,”
stated Craig Frank, CEO of Kaya Holdings. 

In related news KAYS announced that it  has hired Greg Perkins of More  Realty 
to assist in identifying  a suitable 30-60  acre tract of  land in Oregon  for 
KAYS to expand its growing operations  to the maximum space currently  allowed 
by law utilizing  a mix  of indoor and  greenhouse cultivation.  Additionally, 
KAYS is hoping to  position itself through the  potential acquisition of  this 
property  for  future   development  including   increased  Marijuana   Canopy 
production, development of marijuana processing facilities and other  cannabis 
related endeavors (subject to local  zoning restrictions or liberalization  of 
restrictions). KAYS will cease operations of its Portland grow facility at the
end of March  and has made  arrangements to maintain  its genetics library  of 
over 30 strains of cannabis at a  medical grow site to be registered  shortly, 
and has already contracted with farmers to meet demand until the new  facility 
is fully operational.

About Kaya Holdings, Inc. (www.kayaholdings.com)

KAYS (OTCQB:KAYS) through  its subsidiary, Marijuana  Holdings Americas,  Inc. 
owns  and  operates  the  Kaya  Shack  (www.kayashack.com),  the  first  legal 
marijuana dispensary by  a U.S. publicly  traded company –  Kaya Shack™.  KAYS 
creates and establishes  it own  brands that produce,  distribute and/or  sell 
premium   cannabis    products,    including   flower,    concentrates,    and 
cannabis-infused baked goods and candies.

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 AFAI  and MJAI  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 MJAI, 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.

The  photo  is  also  available  at  Newscom,  www.newscom.com,  and  via   AP 
PhotoExpress.

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

Primary Logo
Press spacebar to pause and continue. Press esc to stop.