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 […]
Medical Marijuana, Inc. announced that it has reached a two-year milestone for long-term stability testing on its flagship THC-free cannabidiol (CBD) oil product. The stability study was conducted on Real Scientific Hemp Oil-X™ (RSHO-X™) in strict compliance with FDA/ICH guidelines (Q1A-R2) and was outsourced to one of the most qualified cGLP/cGMP compliant Contract Research Organizations (CROs) […]
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 […]
Medical Marijuana, Inc. announced net revenue of $10.9 million for the second quarter ending June 30, 2020, down for $13.3 million in Q1 2020. “As the world navigates the financial and logistical burden of the COVID-19 pandemic, our portfolio of companies has continued to not only operate, but innovate, adapt and expand,” said Medical Marijuana, Inc. CEO […]
Medical Marijuana, Inc. announced that it has welcomed NHL and network marketing veteran Mike Hartman to its subsidiary Kannaway’s Sports Team. Hartman will help spread awareness on the benefits of cannabidiol (CBD) for athletes and those who are just looking to lead a healthy, active lifestyle. “Mike Hartman has demonstrated the ability to generate successful results within […]
Medical Marijuana, Inc. announced that its subsidiary Kannaway welcomed Carolyn Dielmann Connolly to the company’s team of brand ambassadors. “Having seen all that Carolyn has accomplished in her previous roles, I am humbled and excited to have her join Kannaway,” said Kannaway CEO Blake Schroeder. “We look forward to working alongside her as she develops her global leadership team […]
Medical Marijuana, Inc. (MJNA), parent company of direct seller Kannaway, announced financial results for the quarter ending March 31, 2020. Highlights of the quarter included: MJNA generated $13.3 million in net revenue in first quarter of 2020; Subsidiary Kannaway named the Most Popular Cannabidiol (CBD) MLM Company by HealthMJ; Kannaway expanded international operations into Russia, Kazakhstan […]
Medical Marijuana, Inc. announced that NBA Hall of Famer Earl Monroe has joined its subsidiary Kannaway’s Sports Team. Monroe, who played 13 seasons in the NBA, will help to spread awareness on the benefits of cannabidiol (CBD) for athletes, former athletes and those looking to lead a healthy, active lifestyle. “What an honor that Earl Monroe is using our products,” […]
Kannaway parent company Medical Marijuana, Inc. announced net revenue of $75.6 million for 2019, a 26.3 percent increase from $59.8 million in 2018. “In 2019, Medical Marijuana, Inc. and its subsidiaries continued to execute on our strategic growth and fiscal responsibility action plan that rendered our best results yet and I could not be more excited […]
Renowned wellness expert and Certified Nutrition Coach Daniel Miller has joined Medical Marijuana, Inc. subsidiary Kannaway® as a company spokesman. Miller, in partnership with Kannaway, has created the world’s first cannabis fitness program and is developing a new fitness-based product line to support that program. “Kannaway aims to provide consumers from all areas of life around the […]