Medical Marijuana, Inc. announced that the company and its subsidiary Kannaway® have received two prestigious CEO World Awards in the 8th Annual 2020 CEO World Awards. Kannaway CEO Blake Schroeder was honored with a Silver Award for Top CEO of the Year – The Maverick for his efforts in leading the company’s international expansion throughout recent years.…

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2019 BIG Awards

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…

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2019 BIG Awards

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…

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2019 BIG Awards

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…

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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…

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2019 BIG Awards

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…

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2019 BIG Awards

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,”…

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Medical Marijuana

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…

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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…

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Kannaway announced that two of its leading executives have been promoted. Chief Marketing Officer Stephen Jones has been promoted to the position of president; and Janne Heimonen, managing director, Europe, has been promoted to managing director, International. “Over the past three years, Stephen has added tremendous value to our executive team as chief marketing officer…

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