Kaya Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
June 29, 2020
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Kaya Holdings, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was USD 235,311 compared to USD 263,758 a year ago. Operating loss was USD 330,120 compared to USD 317,082 a year ago. Net loss was USD 657,767 compared to net income of USD 4.249 million a year ago. Basic eps - continuing operations was USD 0 compared to USD 0.01 a year ago.
Kaya Holdings, Inc. is a holding company. The Company is focused on wellness and mental health through operations in psychedelic treatment clinics, medical and recreational cannabis, and cannabidiol (CBD) products. The Company produces, distributes, and/or sells a full range of cannabis products including flowers, oils, vape cartridges and cannabis infused confections, baked goods and beverages through a fully integrated group of subsidiaries and companies supporting highly distinctive brands. It operates through four subsidiaries, which include Marijuana Holdings Americas, Inc. (MJAI), Kaya Brand International, Inc. (KBI)., and Fifth Dimension Therapeutics, Inc. (FDT). MJAI maintains ownership of the Companyâs Oregon-based cannabis operations. FDT provides psychedelic mind care treatments to veterans suffering from PTSD, addicts seeking to break addiction, individuals with eating disorders, and others with an array of treatment resistant mental health disorders.
KAYA HOLDINGS, INC. 
