International CBD company Kannaway again honored by global business awards for their industry leading efforts.
Medical Marijuana, Inc. subsidiary Kannaway was recently named Small Business Company of the Year in the Life Sciences, Health, Wellness, and Nutrition category by the Business Intelligence Group’s 2019 BIG Awards for Business.
The Business Intelligence Group’s 2019 BIG Awards for Business launched seven years ago with the mission to acknowledge companies, products, and people that are leading their respective industries.
The organization’s proprietary and unique scoring system selectively measures company performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
As the first direct selling company to bring hemp based cannabidiol (CBD) products to market in the U.S. and Europe, Kannaway has been a leader in the international CBD market. The company distributes its line of CBD products through its global team of brand ambassadors.
Kannaway was named Small Business Company of the Year by the 2019 BIG Awards for Business to recognize the company’s international advocacy efforts for CBD access and education, their innovative products, and successful year over year growth.
In 2018, Kannaway experienced an increase of nearly 200% in revenue over 2017 revenue, with much of that success attributed to its European operations. This year, the company is on track to again to surpass the previous year’s sales.
“We are honored and humbled to have the hard work of our team recognized by the BIG Awards for Business,” said Kannaway CEO Blake Schroeder. “2019 was a banner year for revenue growth at the Company, especially in our international operations, and we are proud to continue to be a pioneer for the industry in educating new markets about hemp-based CBD.”
Kannaway’s CEO Blake Schroeder also took home a 2019 BIG Awards for Business, being named Small Business Executive of the Year in the Life Sciences, Health, Wellness, and Nutrition category.
Schroeder is one of 60 global leaders recognized by the 2019 BIG Awards for Business and the sole winner of the Small Business Executive of the Year for the Life Sciences, Health, Wellness, and Nutrition category.
The award honors Schroeder’s efforts in growing Kannaway’s revenue more than 60 times since joining the company’s executive team, along with his work to help expand the Kannaway’s hemp and CBD product offerings to meet growing worldwide consumer demand.
“We are excited by this recognition and believe that it will help us make CBD and hemp-derived products available to people around the world,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus of the news. “Awards like these continue to boost our reputation as a category leader and set a standard of professionalism that we wish to impart upon the entire industry.”
The hard work and resulting success from Kannaway has garnered a number of awards in 2019, including:
- Bronze Stevie® Award for Fastest Growing Company of the Year in the 16th Annual International Business Awards
- Silver Golden Bridge Award for Company of the Year in the Healthcare Products and Services category
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