Kannaway, the direct selling subsidiary of Medical Marijuana, Inc., recently participated in an industry-led cannabidiol (CBD) Safety Study, for which Validcare acted as CRO.

The South African division of Kannaway, the direct selling subsidiary of Medical Marijuana, Inc., achieved its largest revenue month in the company’s history for this region during March 2022.  “2022 has been a truly remarkable year for sales in South Africa so far,” said Medical Marijuana, Inc. CEO Blake Schroeder. “We’re excited about our very […]

Kannaway, the direct selling subsidiary of Medical Marijuana, Inc., has opened a 3,326 square foot combined office and warehouse in Johannesburg, South Africa. The new facility will allow Kannaway to ship the company’s full line of products throughout the country.

Kannaway, the direct selling subsidiary of Medical Marijuana, Inc., announced the opening of a new office and warehouse in Warsaw, Poland.

Medical Marijuana, Inc., the parent company of direct selling organization Kannaway, announced a gross profit of $6.7 million and net revenue of $9.2 million for the third quarter of 2021.

Although the company has had an active presence in Finland for years, Finnish Customs confiscated a bottle of Kannaway Pure Gold in 2018, claiming it was illegally imported.

Kannaway, a direct selling subsidiary of Medical Marijuana, Inc., was recently honored at the 2021 CEO Awards with a Gold Globee for Executive Achievement of the Year in the Consumer Products category, an award given to organizations who set industry benchmarks for excellence.

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.

HempMeds, a subsidiary of Medical Marijuana, Inc., announced that its Latin American operations achieved its best revenue month ever in June 2021.

Medical Marijuana, Inc., the publicly traded parent company of direct selling company Kannaway, announced its first quarter financial results for 2021. The company reported $8.9 million in net revenue and $3.7 million in net income for the quarter, as well as a cash position of $4.9 million.  “Our operations made tremendous advancements in the first […]

Medical Marijuana, Inc., parent company of direct selling company Kannaway, released its 2020 year-end financial report. Gross margins for the company increased from 76% in 2019 to 80% in 2020 and net revenue for 2020 reached $46.9 million. Cash on hand at the end of 2020 was $5.7 million. The company also released year-end 2020 […]