Direct Selling In 2019

In 2019 Direct Selling Faced Some Strong Headwinds Throughout this year the editors at Direct Selling News have had no shortage of topics to talk about. Never before have we seen such a year that has so dramatically impacted the future of direct selling. We began 2019 with troubling news out of China and ended…

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Nature’s Sunshine Q3

Nature’s Sunshine Products, Inc. (NASDAQ: NATR) reported relatively consistent sales for the third quarter ended September 30, 2019 compared with the third quarter of 2018. Net sales of $88.5 million decreased 0.3 percent compared to $88.8 million in the third quarter of 2018. Regionally, net sales were (in thousands): Asia – $33,717, down 1.0% from…

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CBD market

Nature’s Sunshine Products, Inc. recently announced that it will enter the CBD market with a full line of hemp-derived CBD products. Scientists at the company’s Hughes Center for Research and Innovation have developed a series of proprietary products containing whole spectrum hemp extracts containing naturally occurring CBD that deliver targeted levels of phytocannabinoids to trigger…

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2019 BIG Awards

Medical Marijuana, Inc. (OTC: MJNA) subsidiary Kannaway® experienced significant growth with 2018 revenue of $46.8 million, an increase of nearly 200 percent over 2017.   MJNA, the first publicly traded cannabis company in the U.S., announced the Kannaway results as well as the company financial results for the quarter and year ending Dec. 31, 2018.   The…

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Canada Legalize Recreational Cannabis

Canada’s legalization of recreational cannabis may likely put more pressure on the US to pass the 2018 Farm Bill, which would help to grow be a boon to the CBD market—thus allowing direct selling companies to sell cannabis products for both medical and recreational purposes. At the stroke of midnight, Canada became the second country…

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