Orchid Essentials, National Cannabis Brand Launches In California

CALIFORNIA:  Orchid Essentials, an Irvine based national cannabis brand is launching in California on Saturday August 26th at 420 Central, a premier Santa Ana dispensary. Orchid launched in Oregon on August 15th and has seen incredible market response to their lineup of products. Orchid’s mission is Creating the Highest Standards in the Cannabis Industry and they are true to that commitment, as one of the only products in California passing pesticide screenings. Orchid is committed to safety, efficacy, and quality THC and CBD products that truly set the high water mark.

Orchid is co-founded and managed by Corey Mangold and Rene Suarez. Corey Mangold is also the co-founder and Principal of Gigasavvy, a booming creative marketing agency in Irvine based in a historic building that has it’s own bar and bowling alley. Gigasavvy has been featured in the OCBJ as Top 10 Places to Work in OC for three of the last four years. Rene Suarez is a former owner of Space Jam, one of the largest brands in the vaporized e-juice industry. With their experience in product development, engineering, branding and advertising, Orchid has seen amazing market response and is poised to be a leading national brand in the cannabis industry. Orchid’s executive leadership team is comprised of industry leaders coming from diverse backgrounds including Dell, Apple, Kendal Floral and other enterprise organizations.

This Saturday from 10:00 am – 2:00 pm Orchid will be celebrating it’s California launch at 420 Central, a premier licensed dispensary in Santa Ana owned by Robert Taft, a leading activist and lobbyist in the cannabis industry. Expecting over 400 people, this event will show the legitimacy, organization, and diverse demographics that make up the cannabis industry and users of cannabis. The event will also be attended by social media influencers, cannabis users, business owners, and the executive team at Orchid Essentials which will be available throughout the day for interviews. There will also be complimentary tacos, raffles, games, and educational sessions.

Cannabis Company Kaya Holdings Reports 700% Q3 Revenue Increase

OREGON: Kaya Holdings has announced that it has filed its third quarterly report for 2016, in which the Company details its financial results from operations, the licensing and build-out status of the two new Kaya Shack Marijuana Superstores currently under development, as well as discusses forward looking growth plans for the Company after legal marijuana’s November 8th ballot victory in 7 states. In a related announcement, KAYS tapped David Kotler, a former South Florida Prosecutor who has significant experience in the early stages of medical marijuana licensing in Florida, as well as extensive contacts nationwide in the cannabis industry.

“KAYS’ revenues for Q-3 2016 are up approximately 700% versus Q-3 2015, and revenues for the 9 month period ending September 30, 2016 are up approximately 700% versus same period ending Sept 30, 2015,” stated Kaya Holdings CEO, Craig Frank. “We are maintaining the $1mm pace in sales for FYE 2016 to set as our target. We are proud that all our revenues are generated from the production and sale of legal cannabis, and not from tomato farming, consulting, or other non-cannabis related endeavors often used to bolster revenues”.

Further, in light of the recent electoral victories in the legal cannabis sector which are estimated to add over $7 billion in sales to the market by 2020, the Board has confirmed David Kotler to head our nationwide expansion team. Mr. Kotler is an attorney with extensive experience in the marijuana sector, with specific expertise in the coveted Florida market. With additional attractive states targeted for Company growth, management has elected to initiate construction of a broader and well-rounded executive team.

“We feel it is time for us to launch our active exploration of opportunities beyond our continued expansion and growth in Oregon”, stated Kaya Holdings CEO, Craig Frank. “David will be instrumental in assisting Kaya Holdings in navigating multi-state issues. Moreover, he is an extremely talented individual who can serve as the anchor for operations in Florida should the regulations be inviting”, Frank continues.

Mr. Kotler will be responsible for overseeing company licensing matters for growing, processing and retailing of marijuana in States permitting and licensing the Company to do so. Mr. Kotler will also advise the Company on compliance structures in other states, and assist with potential acquisitions.

“I am pleased to join the Kaya Holdings team and will do everything I can to assist in the growth and expansion of the company and its assets”, states Mr. Kotler. “I view my job as providing sound and thoughtful guidance on matters of licensing, but also to advise, connect and recommend as needed”.