Medical Marijuana, Inc. recently announced that its subsidiary Kannaway held its official European Grand Opening in Prague on Nov. 17-18.
Kannaway, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, will also launch several new hemp and CBD hemp oil products at the event, further broadening its product line offerings in Europe.
“There is great opportunity for us to grow our company internationally in today’s rapidly expanding European hemp CBD market,” said Kannaway CEO Blake Schroeder. “Starting with this Grand Opening event, we are excited to bring Kannaway’s products into this growing market and develop our team of Brand Ambassadors.”
Kannaway is the first direct selling company to offer hemp-based CBD wellness products across Europe. According to Prohibition Partners, a UK-based cannabis consulting firm, CBD in Europe is already a booming market and, with predicted growth of $135 billion by 2028, is on track to be the largest in the world.
The event featured cannabis industry expert Dr. Stuart Titus, CEO of Medical Marijuana, Inc.
“This event is a great chance to officially celebrate our launch into the European market,” said Kannaway Vice President Alex Grapov. “Our company understands that increasing access to the many health and wellness benefits of CBD is not just an American affair; it’s a global cause we’re dedicated to and we will continue to reach as many countries as possible.”