Kaya Holdings Makes Progress in International Expansion
Kaya Holdings Inc. (OTCQB: KAYS) was a pioneer in the U.S. cannabis industry and now sets its sights on high-growth international opportunities in Israel and Greece. After forming Kaya Brands International in September 2019, the company applied for cannabis cultivation and processing licenses in Israel and acquired a 50% stake in a Greece-based cannabis license holder. By structuring these deals through subsidiaries, the company aims to minimize any dilutive financing for its existing shareholders while capturing the massive upside potential for these projects. The European Union is widely expected to become the world’s largest cannabis market over the next five years with upwards of €123 billion in 2028 sales. Let’s take a look at the company’s recent progress in advancing these ventures and why investors may want to take a closer look at the stock. Also see: Kaya Holdings: A Blueprint for Low-Dilution, Low Cost International Expansion Securing a...