Medical Marijuana, Inc. recently announced the expansion of its production and warehouse facility. The Company has added 1,100 square feet of production area to its 16,000-square-foot facility. The facility continues to meet cGMP requirements and is registered with the FDA as well as the local authorities. The expansion will further vertically integrate the Company’s supply chain, enabling […]
Medical Marijuana, Inc. announced net revenue of $10.9 million for the second quarter ending June 30, 2020, down for $13.3 million in Q1 2020. “As the world navigates the financial and logistical burden of the COVID-19 pandemic, our portfolio of companies has continued to not only operate, but innovate, adapt and expand,” said Medical Marijuana, Inc. CEO […]
Medical Marijuana, Inc. announced that it has welcomed NHL and network marketing veteran Mike Hartman to its subsidiary Kannaway’s Sports Team. Hartman will help spread awareness on the benefits of cannabidiol (CBD) for athletes and those who are just looking to lead a healthy, active lifestyle. “Mike Hartman has demonstrated the ability to generate successful results within […]
Medical Marijuana, Inc. announced that its subsidiary Kannaway welcomed Carolyn Dielmann Connolly to the company’s team of brand ambassadors. “Having seen all that Carolyn has accomplished in her previous roles, I am humbled and excited to have her join Kannaway,” said Kannaway CEO Blake Schroeder. “We look forward to working alongside her as she develops her global leadership team […]
Medical Marijuana, Inc. (MJNA), parent company of direct seller Kannaway, announced financial results for the quarter ending March 31, 2020. Highlights of the quarter included: MJNA generated $13.3 million in net revenue in first quarter of 2020; Subsidiary Kannaway named the Most Popular Cannabidiol (CBD) MLM Company by HealthMJ; Kannaway expanded international operations into Russia, Kazakhstan […]
Medical Marijuana, Inc. announced that NBA Hall of Famer Earl Monroe has joined its subsidiary Kannaway’s Sports Team. Monroe, who played 13 seasons in the NBA, will help to spread awareness on the benefits of cannabidiol (CBD) for athletes, former athletes and those looking to lead a healthy, active lifestyle. “What an honor that Earl Monroe is using our products,” […]
Kannaway parent company Medical Marijuana, Inc. announced net revenue of $75.6 million for 2019, a 26.3 percent increase from $59.8 million in 2018. “In 2019, Medical Marijuana, Inc. and its subsidiaries continued to execute on our strategic growth and fiscal responsibility action plan that rendered our best results yet and I could not be more excited […]
Blake Schroeder, CEO of Kannaway, was honored as the Top CEO of the Year by the International Association of Top Professionals (IAOTP). Schroeder was selected for the award for his leadership, creativity and dedication to the direct selling industry. Since he became CEO of Kannaway, the company’s revenues have grown from $2 million in annual sales to nearly $70 million in […]
Medical Marijuana, Inc. announced today that its subsidiary Kannaway® is now available in Russia, Kazakhstan and Kyrgyzstan. “Our expansion into Russia, Kazakhstan and Kyrgyzstan is an amazing example of Kannaway continuing to blaze a trail in opening up and developing new foreign markets,” said Kannaway CEO Blake Schroeder. “Each new market we enter allows us to offer our products to consumers in need while growing our share of […]
Medical Marijuana, Inc. announced today that its subsidiary Kannaway® is now available in Russia, Kazakhstan and Kyrgyzstan. “Our expansion into Russia, Kazakhstan and Kyrgyzstan is an amazing example of Kannaway continuing to blaze a trail in opening up and developing new foreign markets,” said Kannaway CEO Blake Schroeder. “Each new market we enter allows us to offer our products to consumers in need while growing our share of […]
Medical Marijuana, Inc. subsidiary Kannaway® has been named the Most Popular Cannabidiol (CBD) MLM Company in HealthMJ’s new 2020 list. “As the first company to offer CBD products through a direct selling channel in 2014, it’s exciting to be acknowledged as a top leader in the industry still today,” said Kannaway CEO Blake Schroeder. “The CBD industry has experienced […]
Medical Marijuana, Inc. subsidiary Kannaway® has been named the Most Popular Cannabidiol (CBD) MLM Company in HealthMJ’s new 2020 list. “As the first company to offer CBD products through a direct selling channel in 2014, it’s exciting to be acknowledged as a top leader in the industry still today,” said Kannaway CEO Blake Schroeder. “The CBD industry has experienced […]