SAN DIEGO, Dec. 6, 2017 /PRNewswire/ — Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, today announced that its subsidiary Kannaway® has expanded full business operations into the European marketplace. Using European-sourced materials, the Company has created a distribution network for its organic food products that is capable of distribution to all citizens of European Union (EU) member nations as well as other countries outside of the EU.
Kannaway®, the first hemp lifestyle network to offer phyto-cannabinoid botanical products, will be the first direct selling company to legally offer hemp-based CBD wellness products to the entire European market, where the market for organic foods is valued at €29.8 billion.
“We are extremely excited to take this next step in our international expansion by becoming the first direct selling company to feature phyto-cannabinoid based products in Europe and to share our products, culture and mission throughout Europe,” said Medical Marijuana, Inc. Chief Operating Officer, Blake Schroeder. “We have always planned to bring our revolutionary products to a worldwide audience, and Europe is the perfect next step for our company.”
Direct selling companies have been extremely successful in Europe, generating more than $35 billion in retail sales in 2015, according to The World Federation of Direct Selling Associations (WFDSA).
“There is already a huge sense of enthusiasm in the air when I meet with potential customers in Europe,” said Kannaway® International Vice President Alex Grapov. “People are excited by the opportunity to get involved in our exploding industry with such a credible company and amazing product offering.”
Information on Kannaway® in Europe or on how to become a European Kannaway® Brand Ambassador can be found at Kannaway.com/EU.
About Kannaway, LLC
Kannaway, LLC, is a network sales and marketing company specializing in the sales