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When it comes to having a uniquely differentiated product in the marketplace, Kannaway is attempting carving its own slice of the pie. In this Kannaway review, you’re going to learn about this company and if there is anything unique about it.
You’ll also discover how you can take advantage of this opportunity and grow your business as a brand ambassador if you think it sounds like a good fit.
Just to be clear, this is my 100% unbiased review and I’m not involved in any way with this opportunity. OK, let’s see if this company is legit or a scam.
What is Kannaway?
Kannaway is a multi-level marketing company in the direct sales industry. The company was started back in 2014 and is headquartered in San Diego, California.
They manufacture a variety of products with pure hemp oil and many other all-natural ingredients. All of these products are made with non-GMO hemp. They are also tested for reliability and free of contaminates.
Currently, Kannaway has over 10,000 brand ambassadors who promote their products. These distributors contribute in a big way to the companies bottom line.
What is Hemp and CBD?
Hemp is a strain of the Cannabis sativa plant species that is grown for industrial uses.
While the psychoactive drug cannabis (also known as marijuana) and industrial hemp both come from the same species and contain the psychoactive ingredient THC (tetrahydrocannabinol), they’re both different in the way they are made up and used.
The hemp strain is lower in THC concentration and has a higher (CBD) cannabidiol concentration. This is why it isn’t as potent and won’t cause you to ‘get high’ like cannabis.
Depending on which country you live in, the allowable concentration of THC is regulated and only products with a low concentration of THC is legal in many places.
As you know, hemp has received a lot of press lately. In fact, I was at the vitamin shop last week and saw a big ad on the front window for Hemp oil. So the hype is definitely a real thing.
The CBD industry has grown into a mainstream market. Here’s what the projected growth for the CBD industry.
The biggest reason for all of the press is the medical claims that are associated with these compounds. This has created a huge demand for these products. Kannaway was the first mlm company to offer these products to meet the demands.
How is This Different From Medical Marijuana?
I’ll be honest. When I first heard about this opportunity, I thought the product was medical marijuana. Maybe you are in the same boat as me on this one.
But the truth is, Hemp and medical marijuana are not the same. They are very different as I talked about above.
Medical marijuana is cannabis sativa and used for improving or treating medical conditions.
Cannabis has been widely studied in medicine. While CBD oil is legal in all 50 states. The federal government here in the US categorizes cannibis as an illegal drug and in many states it is illegal.
Here’s a list of states where at the time of this article, marijuana is legal for medical and recreational use.
How to Use Kannaway Products
There are claims out there that Kannaway’s products can improve or control a variety of health issues. Here are some of the health conditions that Kannaway’s products have been linked to:
1) Pain relief
If you are suffering from arthritis pain or any other pain in the body, there have been claims that Kannaway’s products can improve this.
2) Anxiety and depression
For people who is dealing with mental health issues such as anxiety and depression, Kannaway’s products have been linked to improving mental health and well being.
3) Cancer related symptoms
This is where again, I would be very careful with bold claims. Especially when it comes to cancer. But there have been claims linking Kannaway’s products to alleviate cancer related symptoms.
4) Acne reduction
Acne reduction is another area where there are claims out there that Kannaway’s products can improve skin conditions.
5) Heart health
Improving cardiovascular issues and heart health is also another therapeutic area where Kannaway products have been linked.
Some other conditions that CBD oil has been used to treat include:
- Diabetes
- Substance abuse
- Epilepsy
- Mental disorders
NOTE: I feel it is irresponsible of any company or distributor to make any claims without substantial clinical evidence. This can come back to bite you and the FDA will come down on you for this. I’d tread lightly here and avoid doing this altogether.
CBD oil and hemp oils are characterized as dietary supplements. And currently the FDA doesn’t regulate supplements and their purity or how safe they are. Another thing to keep in mind.
Kannaway’s Best-Selling Products
As I mentioned earlier, Kannaway uses an MLM business model to promote their products.
Out of the products that are available for sale, Pure Gold Liquid (Full Spectrum CBD Oil) has received a lot of attention. This is one of their newest developments in this CBD hemp oil space. And it has been filtered down to virtually have no THC levels in it.
A person who purchases Pure Gold Liquid will be able to use it when cooking or preparing their favorite beverages and smoothies. This product has a patented formula as well.
Some of their other popular products include:
- Essentials Oils Vaporizer
- Kannactiv Skin Care
- Revive P.M.
- Revive Salve
- HempVAP
- Defined
- Total Care: Detox Soak
- Total Care: Defined Salve
- Defined CBD Caps
- Balance 12
- R2 System
To learn more about Kannaway’s CBD-Rich Hemp Oil products visit the Kannaway All Products page.
How to Join Kannaway
If you would like to get started with Kannaway you need to sign up to become a Kannaway brand ambassador and be sponsored to join. You can get in contact with the person who referred you or visit the Kannaway website.
You will need to make a payment of $54.98 and sign up as a brand ambassador. This will be the annual fee, which you will have to pay every single year in order to keep the membership up and running.
When you join you will have access to:
- The Comp Plan
- The Marketing System
- Your Back Office Portal
- The Business Training System
Kannaway’s Compensation Plan
Now, let’s take a quick look at the Kannaway compensation plan. Here’s a good video presentation of the most recent comp plan.
You can download a PDF copy of the compensation plan for your review if you don’t have it.
Is Kannaway Legit?
Kannaway is a legitimate opportunity to build a business and earn some extra income. And it is not a scam. However, this company is in the multi-level marketing industry, which is a business model that isn’t right for everyone.
Revenue
In 2018, Kannaway grew revenues by 200% year-over-year and was voted a Global 100 Company by Direct Selling News.
The company was able to generate revenues of $ 59.8 million in that year. And it is estimated that the market for CBH products will become a $22 billion market by 2022.
Kannaway BBB
Although Kannaway is not accredited at this time, it is A+ rated with the BBB with reviews being mostly positive.
Pros and Cons of Kannaway
Pros
- When you become an ambassador of Kannaway, you can sell uniquely differentiated products in a growing market. Not me-too products.
- There is a solid collection of hemp products in the company’s product portfolio.
- The annual fee amount that you have to pay in order to stay active is low compared to other MLM companies.
- The demand for CBD based products is increasing and this is a growing market. .
Cons
- The starter kits can get expensive for distributors. .
- The compensation plan is quite difficult to understand. It’s important to understand how you get paid.
- As of now, there aren’t any proof available to show the products work. In fact, there are complaints and negative reviews stating the products don’t work and/or they’re not made with real CBD.
Conclusion
There you have it. The Kannaway review in a nutshell. I think this is a solid opportunity to make money and get in on the ground floor of a company with a differentiated product.
Be sure to learn all you can about the comp plan, their products and be careful with medical claims that aren’t backed by clinical data. Remember, it takes hard work in any mlm opportunity to climb up the ranks. But if you can, you will be well compensated for it.
