Posts Tagged ‘Hemp’
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 MoreKannaway Holds European Grand Opening
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…
Read MoreRapid Integration of Cannabidiol into Mainstream Wellness Products
Cannabidiol (CBD) is rapidly being integrated into myriad mainstream consumer wellness products around the globe. According to a new report by CannabisNewsWire: Global cannabis market expected to quadruple to over $63 billion by 2024 CBD oil market to grow at CAGR of 39.19 percent through 2021 CBD products exploding into a wide variety of product…
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…
Read MoreYoungevity to Enter the Hemp (CBD) Market
Chula Vista, Calif.-based Youngevity International, a leading omni-direct lifestyle company, recently announced it will enter the CBD market with a proprietary line of hemp-derived CBD oil products. Youngevity has taken a measured approach to entering the CBD market after ensuring that a credible amount of research had been conducted to support concrete health benefits. Hemp (CBD)…
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