Posts Tagged ‘Cannabis’
Congress Backs Farm Bill; Hemp Production Legalized
Good news for direct sellers looking to jump on the CBD bandwagon: Congress has backed the $867B Farm Bill, which legalizes the production of hemp. The House voted 386-47 in favor of the bill following an 87-13 thumbs up in the Senate the day before. The bill includes provisions that remove industrial hemp from the Controlled…
Read MoreA Modern-Day Gold Rush?
Marijuana’s misunderstood sister hemp is projected to be a $22 billion market by 2020, but can it overcome the social stigma and federal regulations that threaten to hold it back? It’s been called the gateway crop. Thanks to its stalks topped with five leaves, hemp shares the same signature look as its intoxicating relative, the marijuana…
Read MoreYoungevity Gains Momentum from Entry into Cannabis Market
Youngevity International is enjoying some major momentum since its entry into the cannabis market, and investors are taking notice. Shares of the Chula Vista, Calif.-based omni-direct lifestyle company were up 35.5 percent last Friday, the day after the online news organization CannabisNewsWire (CNW) featured the company prominently in an article on the rapid adoption of…
Read MoreSuper Bowl Champion Derek Kennard Joins Kannaway Sports Division
Medical Marijuana, Inc., the first publicly traded cannabis company in the US, recently announced that former Dallas Cowboys offensive lineman and Super Bowl champion Derek Kennard has joined the Sports Division of its subsidiary Kannaway®, the first hemp lifestyle network to legally offer hemp-based botanical CBD wellness products. As a spokesperson for the company, Kennard will help spread awareness on the…
Read MoreOf Stalk And Stem — Kannaway’s Growth Story
As the first direct selling company to sell cannabis products, Kannaway’s growth stems from selling CBD oil and hemp-based products. KANNAWAY Founded: 2014 Headquarters: San Diego, CA Top Executive: Blake Schroeder, CEO Products: Hemp-based products, including cannabidiol oil or CBD-oil products Oh, cannabis. Whether you go all wobbly at the knees at the mere mention of…
Read MoreMLB Hall of Famer Goose Gossage Joins Kannaway Sports Team
Medical Marijuana, Inc., the first-ever publicly traded cannabis company in the U.S., yesterday announced that former New York Yankees and San Diego Padres relief pitcher and MLB Hall of Famer Goose Gossage has become a spokesperson for its subsidiary Kannaway® to help spread awareness on the benefits of cannabidiol (CBD) for athletes and active consumers. “We’re looking…
Read MoreCannabis Legislation Will Open New Doors for Direct Sellers
Next month, the U.S. Senate and House of Representatives are expected to meet to reconcile differences in their versions of the Farm Bill. One of the key points to be considered, the legalization of industrial hemp, is being carefully monitored by several direct selling companies looking to take part in what is expected to be…
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