Balram Vaswani

Balram Vaswani is the co-founder and CEO of Kaya, a company specializing in medical marijuana and related merchandise. Under his leadership, Kaya has seen a significant increase in sales, reporting a 23% year-on-year growth in the June quarter, with total sales reaching US$866,000. Vaswani has been instrumental in creating a welcoming environment for customers, which has helped reduce customer acquisition costs and improve gross profits. Despite the company's growth, NUGL, the parent company of Kaya, reported a net loss for the quarter, largely due to non-cash charges. Vaswani continues to navigate the challenges of the cannabis industry while exploring potential acquisitions to strengthen the company's market position.