If you’re tired of over-saturated MLMs that everyone’s already heard of…
And you want a different kind of product…
Kannaway may be just what you’re looking for. Here, MLM meets marijuana.
But don’t misunderstand. These products won’t make you high. They help manage pain and restore health. Kannaway’s product line features legal hemp products through online retail and the MLM structure. And currently, there’s no other MLM (and few retail businesses) that can compete.
Relatively young, the company started in 2014 and has flourished since opening, bringing in an estimated $14 million annually.
FAQ
1. What does Kannaway sell? Kannaway sells CBD-based products, including tinctures, skincare, essential oils, clothing, and accessories.
2. What are Kannaway’s most popular products? Rev!ve Pro is their most popular product. Another winner is a recent launch, the Gold Premium Hemp Oil oral applicator, which helps you maximize your CBD intake each day.
3. How much does it cost to join Kannaway? To become a Kannaway Brand Ambassador, you’ll pay a membership fee of $54.98. You’ll then need to buy a Value Pack that ranges in cost from $249 to $1,849.
4. Is Kannaway a scam? No, they are a legitimate business promoting cannabidiol for health benefits and selling CBD-related products. As evidence, in 2108, they signed on Goose Gossage and Derek Kennard as spokespeople. [1]
5. What is Kannaway’s BBB rating? A+
6. How long has Kannaway been in business? Since 2014
7. What is Kannaway’s revenue? $14.8 million
8. How many Kannaway distributors are there? Kannaway hasn’t made this information public.
9. What lawsuits have been filed? In 2015, Medical Marijuana, Kannaway’s parent company, filed a lawsuit against a Colorado lab, Stewart Environmental, for making false claims. [2] In 2014, a suit was filed by CannaVest for trademark infringement.
10. Comparable companies: Kannaway is one of a kind. No other company promotes CBD or hemp products. The closest are some alternative health companies, such as Nefful, Juice Plus, Forever Living
So should you get involved with these guys?
Product-wise this company might be legit, but if you’re just interested in the business opportunity, there are better options out there…
Click here for my #1 recommendation
Either way, here’s the full review on Kannaway.
Products
The main product that Kannaway uses in their product line is their non-GMO, European Hemp Oil. In each of their items, the hemp oil is present in some way or another in a completely legal fashion. Here are a few of the products that the company has produced with the Hemp Oil:
• Balance 12 System
• Cannabis Beauty Defined
• Hemp VAP
• Kannactive
• Revive
Balance 12 System is an entire regimen that targets whole-body health. It has numerous products in the line that claim to create a perfect healthy balance inside and out.
The Cannabis Beauty Defined is another expensive skin care line that promises flawless skin. [3]
The Hemp Vap is a line of flavorful e-cigarettes that contain no carcinogens, hallucinogenic properties, or nicotine yet costs a fortune.
Kannactive will supposedly give you more energy and mental focus than most competitors’ products.
Revive has BiBong herbal concoction to boost your health, immunity, longevity, and youthfulness, although that all seems too good to be true, and the sticker shock may cause serious health problems.
Compensation Plan
Although it may sound quite appealing to make your own schedule with an MLM such as Kannaway, it is quite a daunting task to take on. There are many hours you just simply won’t get paid for. In particular, Kannaway is structured a bit different — you cannot earn on getting recruits for the company.
They claim to have nine different ways to make money. Many of these nine ways are labeled with the word ‘bonus’ meaning they are not guaranteed and even worse, some are labeled with the word ‘team’ which means your bonus depends on the sales of team members. There is no way to gauge your earnings with this faulty structure.
There is significant training for any individuals that are interested in joining the company; however, it is unclear if it is free or costly. Promotional material, Kannaway marketing website, and access to Kway University training are a few of the training avenues available to prospective marketers.
Another perk is that Kannaway does allow customers to be just customers and not enroll as a marketing agent.
Here are some pros about Kannaway:
Kannaway has a few great aspects for both those looking to work for them and for the consumer.
For marketers, Kannaway is the only MLM in the hemp oil industry at this time (different from essential oil companies like Pure Haven or Young Living). They have no competition which is good and bad. It’s bad because there is a small target audience that is willing to try a relatively new product with something that is often related to marijuana as an ingredient. This takes a bit of pioneering.
Consumers who are interested in the product for their own personal use will find a truly unique product for their needs. With natural ingredients and extremely strict quality-control checkpoints, these products go to the consumer only after plenty of testing and purity checks.
Another positive about the company is that they have an A+ rating with the BBB and since opening in 2014, there have only been a few complaints filed.
Here are some cons about Kannaway:
There is a giant social gap that needs to be bridged about Kannaway’s main ingredient and claim to fame, hemp. The confusion of hemp with marijuana has proven to be a bit of a stumbling block for the company, especially since they are the pioneers of this kind of product.
The good news here is that Kannaway is aware of the problem and is partnering with well-known athletes who can help educate the public about the benefits of cannabidiol.
The bad part for anyone interested in selling the products is that you’ll have to face this misunderstanding head-on. You’ll have to educate potential customers and convince them that the products are 100% safe.
In addition, the products are extremely expensive and target the wealthy. Unless you are in a community of extremely wealthy people who are interested in trying new and natural products, it will be a tough sell.
Honestly, you may need to be wealthy yourself if you want to become a distributor for Kannaway. The $54.98 start-up fee isn’t outrageous, but the Value Pack will definitely set you back. Plan on making a lot of sales to recoup your initial investment.
And finally, although the company has an A-rating with the BBB they are so new that they do not really offer many customer reviews. So in the long run, customers can’t be sure if they are buying a quality product or not.
Recap
Kannaway is in the early stages of a quite lucrative natural hemp product business. The product lines are attractive to many lifestyles although the prices really target the wealthy. The products are strictly regulated and are legal under the Controlled Substance Act. They are available in all the United States and has a superb rating with the BBB during its short couple years in business.
The company did not get listed among the top 100 MLM companies in the 2015 list released by the Direct Selling News (not quite on Avon’s or Scentsy’s level yet…)
Could you make money with Kannaway? It’s possible, but I wouldn’t waste your time.
Look, I’ve been involved with network marketing for over ten years so I know what to look for when you consider a new opportunity.
After reviewing 200+ business opportunities and systems out there, here is the one I would recommend:
Click here for my #1 recommendation
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