SAN DIEGO, Dec. 11, 2017 /PRNewswire/ -- Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, today announced that subsidiary Kannaway® generated the largest-ever revenue month in the history of the Company in November of 2017 as well as reached major milestones in its business operations.
Kannaway®, the first hemp lifestyle network to offer phyto-cannabinoid botanical products, continued its expansion plans in November 2017 by adding innovative new product lines, introducing new incentive programs for Brand Ambassadors (BAs), hosting world-class training and events, and welcomed it's third BA to the sales rank of Presidential Ambassador.
The Company recently launched four new hemp-based products, including a holiday-season limited production of its Kannaway® Energy Chews in a delicious peppermint flavor. Kannaway® also launched:
- A new Hempy's® line of clothing products
- Kannaway® SuperGreens
- Kannaway® Pure Gold
Kannaway® hosted the largest event in its history in early November. The event welcomed its Brand Ambassadors from across the country and featured product launches, training programs, recognition, and the largest philanthropic giving campaign ever done by the Company. The event was topped off by the announcement of Randy Schroeder as the second BA to achieve the sales rank of Presidential Ambassador, the highest sales level within the organization.
"Kannaway® is expanding and experiencing exponential growth," said Kannaway® CEO Blake Schroeder. "We could not be more proud of our results and growth. As we launch Kannaway into Europe, we will be the first international hemp based direct selling company in the world. We are proud to be a company of firsts."
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 are desirous of becoming successful leaders in the sale and marketing of hemp-based botanical products.
About Medical Marijuana, Inc.
We are a company of firsts®. Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally-friendly, economically sustainable businesses, while increasing shareholder value. For details on Medical Marijuana, Inc.'s portfolio and investment companies, visit www.medicalmarijuanainc.com.
FORWARD-LOOKING DISCLAIMER AND DISCLOSURES
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties.
The statements in this press release have not been evaluated by the Food and Drug Administration (FDA) and are not intended to diagnose, treat or cure any disease. The Company does not sell or distribute any products that are in violation of the United States Controlled Substances Act. The Company does sell and distribute hemp-based products.
SOURCE Medical Marijuana, Inc.