{"id":550,"date":"2022-07-12T16:35:43","date_gmt":"2022-07-12T16:35:43","guid":{"rendered":"https:\/\/medicalmarijuanainc.com\/?p=1013708"},"modified":"2022-07-12T16:35:43","modified_gmt":"2022-07-12T16:35:43","slug":"medical-marijuana-inc-subsidiary-kannaway-achieves-largest-revenue-month-in-company-history-for-japan-division-in-june-2022","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2022\/07\/12\/medical-marijuana-inc-subsidiary-kannaway-achieves-largest-revenue-month-in-company-history-for-japan-division-in-june-2022\/","title":{"rendered":"Medical Marijuana, Inc. Subsidiary Kannaway\u00ae Achieves Largest Revenue Month in Company History for Japan Division in June 2022"},"content":{"rendered":"

SAN DIEGO, CA, July 12, 2022 (GLOBE NEWSWIRE) — via\u00a0NewMediaWire<\/a>\u00a0\u2013\u00a0Medical Marijuana, Inc.<\/b><\/a>\u00a0(<\/b>OTC: MJNA<\/b><\/a>) (the \u201cCompany\u201d),\u00a0<\/b>the first-ever publicly traded cannabis company in the United States that launched the world\u2019s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today that in June its subsidiary\u00a0Kannaway\u00ae<\/a>\u00a0has achieved its largest revenue month in the Company\u2019s history for its Japan division.<\/p>\n

Kannaway\u00ae established operations in Japan in 2019 and the company has experienced rapid growth in 2020, 2021 and to date in 2022. Japan\u2019s CBD market is projected to become the\u00a0second-largest CBD market in Asia<\/a>, growing to about $1.9 billion USD by 2024.<\/p>\n

\u201cThis year has been phenomenal for Kannaway in Japan. The company has increased sales every month in 2022 so far and we look forward to continuing this trend,\u201d said Medical Marijuana, Inc. CEO Blake Schroeder. \u201cReporting indicates that the Japanese government is considering easing some of its regulations on how CBD is sold in the country, and this would allow for increased opportunity for Kannaway in the marketplace.\u201d<\/p>\n

To learn more about Kannaway\u00ae, please visit the Company online at\u00a0https:\/\/www.kannaway.com\/<\/a><\/p>\n

About Kannaway\u00ae<\/b><\/p>\n

Kannaway\u00ae<\/a>\u00a0is a network sales and marketing company specializing in the sales and marketing of hemp-based botanical products. Kannaway\u00ae currently hosts weekly online sales meetings and conferences across the United States, offering unique insight and opportunities to sales professionals who are desirous of becoming successful leaders in the sale and marketing of hemp-based botanical products.<\/p>\n

About Medical Marijuana, Inc.<\/b><\/p>\n

We are a company of firsts\u00ae<\/a>. Medical Marijuana, Inc. (MJNA<\/a>) is a cannabis company with three distinct business units in the non-psychoactive cannabinoid space: a global portfolio of cannabinoid-based nutraceutical brands led by\u00a0Kannaway\u00ae<\/a>\u00a0and\u00a0HempMeds\u00ae<\/a>; a pioneer in sourcing the highest-quality legal non-psychoactive cannabis products derived from industrial hemp; and a cannabinoid-based clinical research and botanical drug development sector led by its pharmaceutical investment companies and partners including\u00a0AXIM\u00ae Biotechnologies, Inc<\/a>.<\/a>\u00a0and\u00a0Neuropathix<\/a>. Medical Marijuana, Inc. was named a top CBD producer by\u00a0CNBC<\/a>. Medical Marijuana, Inc. was also the first company to receive historic import permits for CBD products from the governments of Brazil, Mexico, Argentina, and Paraguay and is a leader in the development of international markets. The company’s flagship product\u00a0Real Scientific Hemp Oil<\/a>\u00a0has been used in several successful clinical studies throughout Mexico and Brazil to understand its safety and efficacy.<\/p>\n

Medical Marijuana, Inc.’s headquarters is in San Diego, California, and additional information is available at\u00a0OTCMarkets.com<\/a>\u00a0or by visiting\u00a0www.medicalmarijuanainc.com<\/a>. To see Medical Marijuana, Inc.’s corporate video,\u00a0click here<\/a>.<\/p>\n

FORWARD-LOOKING DISCLAIMER<\/b><\/p>\n

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 and other factors, which may cause the actual results, performance or achievements of Medical Marijuana, Inc. to be materially different from the statements made herein.<\/p>\n

FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE<\/b><\/p>\n

These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease.<\/p>\n

LEGAL DISCLOSURE<\/b><\/p>\n

Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act.<\/p>\n

CONTACT:<\/b>
\nPublic Relations Contact:
\nKathryn Brown
\nAccount Director
\nCMW Media
\nP. 858-221-8001
\nkathryn@cmwmedia.com<\/a>
\nwww.cmwmedia.com<\/a><\/p>\n

Investor Relations Contact:
\nP. (858) 283-4016
\nInvestors@medicalmarijuanainc.com<\/p>\n","protected":false},"excerpt":{"rendered":"

SAN DIEGO, CA, July 12, 2022 (GLOBE NEWSWIRE) — via\u00a0NewMediaWire\u00a0\u2013\u00a0Medical Marijuana, Inc.\u00a0(OTC: MJNA) (the \u201cCompany\u201d),\u00a0the first-ever publicly traded cannabis company in the United States that launched the world\u2019s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today that in June its subsidiary\u00a0Kannaway\u00ae\u00a0has achieved its largest revenue month in the Company\u2019s history for its Japan […]<\/p>\n","protected":false},"author":1,"featured_media":551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3,2],"tags":[],"class_list":["post-550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","category-press-releases"],"yoast_head":"\nMedical Marijuana, Inc. 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