Kannaway, a subsidiary of Medical Marijuana, Inc., has partnered with nonprofit The Por Grace Foundation to provide cannabidiol (CBD) products to families in need.
Medical Marijuana, Inc., announced that its subsidiary Kannaway has expanded its operations into Hong Kong. Kannaway plans to host regional education events for current and prospective distributors about the potential benefits of hemp-derived CBD oil.
The company’s net income and net revenue increased 8% and 86% respectively year-over-year. Net revenue totaled $9.6 million for the quarter while net income reached $7 million. Gross profit for the quarter was $5.6 million.
Medical Marijuana announced that its subsidiaries HempMeds Mexico, Kannaway Japan, as well as its third-party manufacturing and distribution business, each achieved their largest revenue months in their respective histories in July 2021.
Medical Marijuana, Inc. announced that the Japanese division of its subsidiary Kannaway had record sales in February 2021, the best sales month in company history. “When we first entered the Japanese market in late 2019, we were one of the first companies offering cannabidiol (CBD) products in the country and saw a great opportunity to […]
Kannaway, a subsidiary of Medical Marijuana, Inc., received Certified Drug Free approval from the Banned Substances Control Group (BSCG) for its broad-spectrum CBD product Pure Gold. This third-party certification provides a stamp of approval for Pure Gold, proving that the product meets quality specifications and is not contaminated with drugs or agents that could lead to […]
Kannaway, a subsidiary of Medical Marijuana, Inc., the first publicly traded cannabis company in the U.S., launched Kannaway Premium CBG with Organic Hemp Seed Oil into the European cannabigerol (CBG) market. “Since launching in Europe in 2018, Europe has become one of our best revenue-generating markets as consumers have responded very positively to Kannaway’s wide […]
Medical Marijuana, Inc., the first publicly traded company in the U.S., announced its third quarter financial and operational highlights. The company generated $12.2 million in net revenue—an 11.25 percent increase compared to the previous quarter. “Our international expansion is forging ahead with full force and we will continue to further establish our company’s products as […]
Kannaway has been named a winner in the 12th Annual 2020 Golden Bridge Business and Innovation Awards, the world’s premier business awards program. Kannaway and its executives earned two prestigious Golden Bridge Awards. CEO Blake Schroeder earned a Gold Award in the Maverick of the Year category. The award organizers specifically recognized Schroeder for his […]
Medical Marijuana, Inc. announced that its subsidiary Kannaway® has launched a new product line designed to support its Evolve health and fitness program as well as other healthy lifestyles. Led by fitness and nutrition expert Dan Miller, Kannaway’s Evolve is a complete fitness and nutrition program that focuses on the fundamentals of evolutionary science to help participants achieve their […]
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. […]
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 […]