Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), announced today that its network marketing division, Kannaway, has completed an Asset Purchase Agreement with eXfuse, LLC, dba KZ1 a Japan based network marketing company.
The KZ1 acquisition will increase the sales force of the Company’s Kannaway division in Japan by approximately 1,450 individuals and the Company believes the increased sales force will greatly benefit Kannaway’s ramp up in the Japanese market. KZ1’s premium product “Focus,” containing Nootropics, which helps support cognitive function, has been well received in the Japanese market and adds to the Company’s current line of CBD, natural health and beauty products.
Commenting on the acquisition, Kannaway President Bill Andreoli stated:
“The combining of these two companies’ products and distributor genealogies will have an immediate positive effect on revenue in Japan. I am so excited for Kannaway and KZ1 distributors coming together with such a strong message of Hemp & Wellness.”
Tim Scott, CEO said,
“We have worked hard to increase financial efficiency and increase cash flow and the acquisition of KZ1 fits right into this strategy. With this acquisition, combining the KZ1 sales force with Kannaway’s, we expect to see a strong impact in Japan. This is just another step in our strategy to grow
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Medical Marijuana, Inc. (Kannaway) Expands Leadership Team
by Nicole Dunkley • • 0 Comments
Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, recently announced that its subsidiary Kannaway, has appointed two industry veterans to leadership roles within the organization; Mike Randolph as Executive Vice President and Mike Kolinski as Vice President of Information Technology.
Mr. Randolph is a 31-year veteran of the industry bringing a combination of entrepreneurial spirit and a diverse professional background with him to Kannaway. He will be charged with oversight of Kannaway’s internal and external communication, customer service and compliance.
“Even if you knew what you were looking for, you could search your entire life and not find a company like Kannaway, with its remarkable founders, captivating story, and its outstanding corporate and field leadership teams,”
said newly appointed Executive Vice President Mike Randolph.
Newly appointed Vice President of Information Technology Mike Kolinski brings 25 years of industry experience, having worked in both sales and customer support roles, before taking on a leadership role in information technology where he has held the Vice President title for nearly two decades.
Mr. Kolinski has overseen systems for large organizations and will be tasked with managing
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Medical Marijuana, Inc. (Kannaway) Acquires MFINITY Global (Bill Andreoli)
by Team Business For Home • • 0 Comments
Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today that it has entered into an Asset Purchase Agreement with MFINITY Global LLC, a direct-selling organization focused on promoting natural health and a rewarding sales model.
Additionally, Bill Andreoli, the President of MFINITY Global will become the President of Medical Marijuana, Inc. subsidiary, Kannaway, LLC.
The MFINITY product line features Muscadine, a powerful antioxidant that provides many wellness benefits. MFINITY products will be marketed and sold exclusively under the Kannaway brand and are now available for sale through Kannaway independent distributors and on Kannaway.com.
The MFINITY sales force, known otherwise as Brand Ambassadors, will become Kannaway Brand Ambassadors, and will immediately have access to market and sell the world’s leading non-psychoactive, cannabis-based products.
The asset purchase aligns with Medical Marijuana Inc.’s newly implemented growth model of expansion via acquisition. The addition of newly appointed Kannaway President, Bill Andreoli, further positions the Company to pursue this strategy given Mr. Andreoli’s success in completing over a dozen acquisitions throughout his career.
Medical Marijuana Inc.’s in-house manufacturing and distribution capabilities enable the company to easily add formulations and
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Valerie Aloisio Leading Women’s Initiative at Kannaway
by Team Business For Home • • 0 Comments
Twenty-two years ago, someone sat down with Valerie Aloisio, and sketched out a business plan that would change her family’s life forever.
At the time she had a successful career in corporate America and was a busy single mother of two young children.
But she realized that in order to have the income, time freedom and lifestyle she really wanted, she was going to have to go into business for herself.
She immersed herself into personal and leadership development and decided that a career in network marketing would give her what she was looking for.
Valerie sees a shift occurring around the world as more and more women step into their financial and personal power through entrepreneurship and sees this industry as a catalyst for this shift.
With the right training and support she envisions more women rising to top leadership levels and becoming true “role models” of what’s possible for women, both in income AND quality of life
Valerie worked up the ranks of Kannaway®, quickly becoming the first female Crown Ambassador and enjoys a thriving international business.
“Women build businesses differently than men.
I needed to build to the top ranks, show women what can be accomplished so that I could help them do it
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Kannaway Official Opens European Market in Prague – Czech Republic
by Ted Nuyten • • 0 Comments
Medical Marijuana, Inc. (OTC: MJNA) announced today that its subsidiary Kannaway®, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, is holding its official European Grand Opening in Prague on Nov. 17-18.
The event will allow Kannaway® Brand Ambassadors to network with top Kannaway® Europe leaders, the company’s global executive team and fellow business owners. The company 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 to grow our company internationally in today’s rapidly expanding European hemp CBD market,”
said Kannaway® CEO Blake Schroeder.
“Starting with this Grand Opening event, we are excited to bring Kannaway’s world-class products into this growing market and develop our team of Brand Ambassadors.”
Kannaway® is the first direct selling company to offer hemp-based CBD wellness products across Europe. According to Prohibition Partners – a UK-based cannabis consulting firm
— CBD in Europe is already a booming market and, with predicted growth of $135 billion by 2028, is on track to be the largest in the world.
The event is poised to be one of the largest-ever CBD educational events in Europe, providing attendees with the opportunity to learn more about
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Randy Schroeder – Kannaway Experiences Meteoric Growth
by Ted Nuyten • • 0 Comments
Randy Schroeder stated:
Those who know the history of my career know that the period of my greatest direct selling success was the period between 1991 and 2001, when I was a part of the leadership structure at Rexall Showcase International.
The meteoric growth we are experiencing in Kannaway is only now causing all past personal success records to fall, one by one.
One of the great keys to that past success was an assembly of leadership which was skilled, varied in style yet completely complimentary of each other. Of special importance was our combined ability to successfully launch and build large organizations in Asia.
How thrilled I am to announce today that two of the integral parts of that leadership structure of the past, have now joined Kannaway to build the future.
These men, Gordon Oswald and Glade Poulsen are two of the best, ever…in our entire industry. I have known Glade since 1977…and Gordon since 1993. We know each other well.
Glade and Gordon, amazingly, have built organisations whose combined sales eclipse $3 Billion. Incredible.
The power of the CBD/end of the prohibition of cannabis plus the Kannaway management group and compensation structure plus long relationships of mutual trust and respect have combined to bring
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Direct Selling Industry Will Sell $300 Million Of Cannabidiol-related Products In 2018
by Ted Nuyten • • 0 Comments
Direct selling companies will sell $300 million worth of cannabidiol-related products in 2018, making direct selling the largest channel of distribution for the rapidly growing CBD product sector.
“Interest in cannabidiol, or CBD, is rapidly transforming the consumer product landscape,”
says Todd Eliason, publisher and editor in chief of Direct Selling News (DSN), which conducted the research.
“The trends also indicate that global direct selling sales of CBD products could exceed $1 billion by 2020. Established companies as well as a growing number of startups have begun announcing their entry into the market.”
CBD is one of the hundreds of cannabinoids found in the Cannabis sativa plant. The ingredient is being credited with a growing list of health benefits and, as a result, companies from virtually every consumable category, including beverages, dietary supplements, skin care and pet products, are actively exploring business in the market.
In its most recent study, Direct Selling News has identified at least 25 direct selling companies that already have entered the CBD space. These companies, sometimes referred to as network marketing companies, all opt to use a network of independent salespeople to sell their products, often on a person-to-person basis, rather than a more traditional retail channel of distribution.
They include, but are not
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Super Bowl Champion Derek Kennard Spokesperson For Kannaway
by Ted Nuyten • • 0 Comments
Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, announced today that former Dallas Cowboys offensive lineman and Super Bowl champion Derek Kennard has become a spokesperson for its subsidiary Kannaway® to help spread awareness on the benefits of cannabidiol (CBD) for athletes and active consumers.
“We look forward to working with Derek Kennard to continue our goal of spreading awareness and increasing public education about the health benefits of CBD,”
said Kannaway® CEO Blake Schroeder.
“Kennard is just one of many who have seen amazing health results while using CBD oil and we aim to use his story to inspire others.”
Kannaway® is the first hemp lifestyle network to legally offer hemp-based botanical CBD wellness products. The Kannaway® Sports division aims to spread awareness of the many important benefits CBD holds for professional and amateur athletes, connecting former NFL athletes with the education and products they need to help them live happier, more fulfilling lives. Kannaway® reported its largest-ever sales revenue quarter in company history in Q2 2018, as well as reached major milestones in their business operations.
“CBD oil allows me to get along with my day and have an improved quality of life,”
said Kannaway®
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Jeff And Debbie Lessard Achieve Crown Ambassador Elite Rank With Kannaway
by Ted Nuyten • • 0 Comments
Medical Marijuana, Inc. (OTC:MJNA) announced today that its subsidiary Kannaway, LLC, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, is recognizing its newest pair of Brand Ambassadors to reach the company’s Crown Ambassador Elite rank.
Jeff and Debbie Lessard have achieved the rank of Crown Ambassador Elite, which requires achieving a minimum of $1 million in monthly sales.
“We feel very fortunate to be a part of this huge family network of self-motivated entrepreneurs who are dedicated to educating people on the many benefits of CBD for wellbeing,” said Kannaway Brand Ambassador Jeff Lessard. “Debbie and I look forward to continued growth in our Kannaway business.”
“We are very proud of Jeff and Debbie’s achievement,” said Kannaway Chief Executive Officer Blake Schroeder. “Their commitment and drive sets an example we can all can learn from and they are leading our company to unprecedented levels.”
About Kannaway, LLC
Kannaway, LLC, is a network sales and marketing company specializing in the sales and marketing of hemp-based botanical products. Kannaway currently hosts weekly online sales meetings and conferences across the United States, offering unique insight and opportunity to sales professionals who wish to become successful leaders in the sale and marketing of hemp-based botanical products.
About Medical Marijuana, Inc.
We are a company of
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Kannaway – August Largest Sales Month Ever
by Ted Nuyten • • 0 Comments
Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, today announced that the company and its subsidiary Kannaway have booked the largest-ever (unaudited) sales month in their history in August of 2018, as well as reached major milestones in business operations.
Medical Marijuana, Inc. is also proud to announce that it has set new records for monthly sales bookings for three consecutive months and Kannaway has set new records for monthly sales bookings for nine consecutive months.
“We are excited to announce August of 2018 was the largest sales month in the history of our company,”
said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “There is significant growth taking place in the entire industry and we’re proud to be a part of that.”
Medical Marijuana, Inc. and its subsidiaries experienced many accomplishments in August 2018, including the release of a new cannabidiol (CBD) gel capsule product, the first of its kind for the company, to be distributed through its subsidiary Dixie Botanicals.
The company’s subsidiary Kannaway hosted a six-city European Tour that took place throughout the month and gave current and prospective brand ambassadors the opportunity to network with the company’s global executive team and learn more about the company.
“As we close in on the third quarter