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INDUSTRIAL HEMP

Medical Marijuana Inc (OTCMKTS:MJNA) Subsidiary Reports Expansion Into European Market

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Medical Marijuana Inc (OTCMKTS:MJNA) reported that its subsidiary unit Kannaway® has expanded comprehensive business operations into the European market. Utilizing European-sourced materials, the firm has established a distribution arrangement for its organic food offerings that is capable of distribution to all residents of European Union member nations and other nations outside of the EU.

The details

Kannaway® marks as the initial hemp lifestyle network to present phyto-cannabinoid botanical offerings. It will be the preliminary direct selling firm to legally offer hemp-based Cannabidiol wellness items to the entire European segment, where the organic foods market is valued at €29.8 billion.

Blake Schroeder, the Chief Operating Officer of Medical Marijuana, reported that they are extremely thrilled to take this next initiative in their global expansion by turning the initial direct selling firm to showcase phyto-cannabinoid based offerings in Europe and to share their products, mission and culture throughout Europe. They have always intended to bring their revolutionary offerings to a global audience, and Europe marks as the perfect next step for their firm.

Direct selling firms have been remarkably successful in Europe, recording retails sales of over $35 billion in 2015, as per the report of the WFDSA. Alex Grapov, the International VP at Kannaway, expressed that there exists a huge sense of excitement in the market when he meets with prospective consumers in Europe. People are thrilled by the opportunity to get engaged in this buzzing industry with such a trustworthy firm and remarkable product offering. Details on Kannaway® in Europe or the way to turn a Brand Ambassador of European Kannaway® can be seen at Kannaway.com/EU.

In the last trading session, the stock price of Medical Marijuana jumped more than 4% to close the day at $0.11. The gains came at a share volume of 33.39 million compared to average share volume of 8.37 million.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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