AFAI's Marijuana Holdings Hails Cannabis Election Results In Oregon, Washington D.C., Alaska And Guam; New Kaya Shack™ Markets Targeted

PORTLAND, Oregon, Nov. 5, 2014 /PRNewswire/ -- Alternative Fuels Americas, Inc. AFAI announces its support and delight at the results of yesterday's elections permitting legal recreational marijuana in Oregon, Washington D.C., and Alaska, and medical marijuana in Guam. AFAI's CEO Craig Frank and Consultant David Jones served on the Finance Committee for the Florida and Oregon campaigns, and worked with the Drug Policy Alliance and others to support these efforts which lay the foundation for AFAI's continued expansion into this rapidly growing market.

"The new laws emerging because of the voter mandates will afford AFAI, through our subsidiary Marijuana Holdings Americas (MJAI) additional opportunities to expand our Kaya Shack brand and grow our presence in Oregon (home of the first Kaya Shack™), as well as evaluate additional opportunities in many other markets as the landscape continues to evolve" states CEO Craig Frank. "Although Florida's nearly 58% yes vote failed to gain the requisite 60% to become law, these elections prove beyond all doubt that the American voter is tired of the prohibition against marijuana and the devastating consequences the laws against marijuana have brought to our criminal justice system, our communities and our families".

AFAI intends to continue working with the Drug Policy Alliance and other activists to seek legislative relief for marijuana prohibition in Florida and other markets.

Marijuana Holdings Americas (MJAI)

AFAI's majority owned subsidiary, Marijuana Holdings Americas, Inc. owns and operates the first legal marijuana dispensary to be operated by a U.S. publicly traded company – Kaya Shack™.

Marijuana Holdings Americas, Inc. was founded to enter the rapidly growing medical and recently legalized recreational marijuana market with the goal of securing new medical and recreational marijuana licenses, potentially acquiring existing Cannabis production/sales operations and evaluating related business opportunities, subject to legal compliance and advice of counsel.

About Alternative Fuels Americas (AFAI)

AFAI AFAI is a disruptive sectors company seeks to identify and enter early stage business opportunities that mark a significant change in the status quo from which to extract value for its shareholders. The company's alternative fuels division has pioneered the development of above ground oil fields in Central America and continues to innovate clean fuel - recently focusing on aviation fuel.

IMPORTANT DISCLOSURE: AFAI and MJAI are planning execution of their 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 AFAI 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.

For more information visit www.afai-mjai.com or contact Investor Relations: 561-210-7664.

SOURCE Alternative Fuels Americas, Inc.