SAN DIEGO, Jan. 27, 2015 (GLOBE NEWSWIRE) -- Kannaway, LLC is the first hemp lifestyle network marketing company to offer cannabidiol (CBD) oil products. Prior to the San Diego headquartered company expanding its footprint to include its first regional office in Dallas, Texas, members of the media were invited to an historic Jan. 23 press conference announcing cannabis' arrival in the Lone Star State. Veteran reporter Steve Picket of CBS Dallas reports, "There is no question this is legal because we are not talking about marijuana use." Picket continues in his live report, "We are talking about cannabis and particularly hemp oil."
Photos accompanying this release are available at
http://www.globenewswire.com/newsroom/prs/?pkgid=30303
http://www.globenewswire.com/newsroom/prs/?pkgid=30304
http://www.globenewswire.com/newsroom/prs/?pkgid=30306
http://www.globenewswire.com/newsroom/prs/?pkgid=30305
At the press conference, members of the media were introduced to a 4-year-old Dallas-area cannabis consumer, Harper Elle Howard. Born with a rare genetic debilitating condition that has no known cure, Harper's parents researched cannabis use after watching a documentary. Not being able to access medical marijuana in their state and not being willing to move to another legalized medical marijuana state, the Howard family found an alternative hemp-based CBD oil product that is available online and ships to all 50 states. Hope4Harper.com, lists Harper's cannabis use on the website's blog giving hope and educating others around the world. Kannaway is a corporate supporter of Hope4Harper.com and invited the media to learn that the cannabis consumer profile spans individuals of all ages.
"It has zero to do with getting high," states Kannaway CEO Jeff Rogers in an interview with Mike Albanese of Dallas' Star Local Media. Albanese's report Cannabis Company Opens Its Doors in Dallas shares U.S. hemp history dating back to the country's founding fathers and Henry Ford's use of the versatile plant for automobiles. He also reported on little Harper Howard's experience with the ancient plant, how it has impacted her life and how the Dallas community has rallied behind her in support.
It is clear that Kannaway is on a mission to return the innovative hemp plant to the domestic economy. The Company has tens of thousands of marketing Brand Ambassadors who are carrying the message to households coast-to-coast. At Kannaway's Dallas regional launch event, there were new product announcements including:
- Kannactiv™ 90-day challenge for troubled skin
- Rev!ve™ PRO advanced nutritional blend
- HempVAP™ PREMIER vaporizer pen with interchangeable hemp CBD oil cartridges
Guest speaker, Troy Dooly, wowed the "Kannaway Nation" with his knowledge of network marketing and Kannaway's position in the industry as a "category creator" of CBD hemp oil products. The Company's creator of Bi-Bong™ herbal extracts, Janelle Kim, explained to the Dallas audience why all-natural products work well with CBD hemp oil resulting in one-of-a-kind products.
Kannaway also announced at its Dallas regional launch the pending acquisition by Medical Marijuana, Inc. (OTC Pink:MJNA), a publicly traded icon in the cannabis industry. A pre-acquisition valuation of Kannaway by one of the top firms in the business indicated that the Company was worth up to $242 million.
When asked about the acquisition by Juliette Fairley of New York's MainStreet.com, Edgar Montero, VP of International Expansion for Kannaway, states "We are looking to introduce nutritional products in the form of powders, proteins, supplements and sports drinks made with CBD, hemp proteins and other natural, organic and non-GMO compounds." Fairley states in the interview that, "CBD refers to cannabidiol, a compound in cannabis that is described as having medical effects without getting users high."
"The Kannaway launch in Dallas was historic," concludes Kannaway CEO, Jeff Rogers. "The Company chose Dallas as its first regional satellite office for its central location. However, being in a non-medical marijuana state, we knew there would be questions raised by the public. We are extremely appreciative to the news media for explaining to viewers and readers the key reasons that hemp CBD oil products are available in all 50 states."
Where is Kannaway headed next? The hemp lifestyle company's sites are set on Miami over the cannabis industry's historic "420 weekend." For more information on Kannaway™, visit the Company website.
About Kannaway, LLC
Kannaway, LLC, is a network sales and marketing company specializing in the sales and marketing of hemp-based botanical products. Kannaway currently hosts weekly online sales meetings and conferences across the United States, offering unique insight and opportunity to sales professionals who are desirous of becoming successful leaders in the sale and marketing of hemp-based botanical products.
About Medical Marijuana, Inc.
Our mission is to be the premier hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally-friendly, economically sustainable businesses, while increasing shareholder value. For more information, please visit the company's website at: www.MedicalMarijuanaInc.com.
FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE
These statements have not been evaluated by the FDA and are not intended to diagnose, treat or cure any disease.
FORWARD-LOOKING DISCLAIMER
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.
LEGAL DISCLOSURE
Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). The Company does grow, sell and distribute hemp-based products and are involved with the federally legal distribution of hemp-based products within certain international markets. Cannabidiol is a natural constituent of hemp oil.
The photos are also available via Newscom, www.newscom.com, and via AP PhotoExpress.
