- Kaya ( OTCQB:KAYS ) stock gained 15.4% on Wednesday after the firm's unit Kaya Farms Greece's joint venture project - Greek Kaya - received cannabis installation license .
- The license allows for the development of a planned medical cannabis facility in Epidaurus, Greece.
- KAYS expects to reach a deal on favorable terms to acquire the property over the coming months.
- The license can be transferred to another location in Greece, if required.
- KAYS stock has declined 23% YTD.
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Kaya stock gains on installation license for cannabis facility in Greece