As Q2 came to a close, MJNA and its subsidiary Kannaway set a new revenue record, experiencing the largest-ever sales bookings month in the company's history in June.
MJNA CEO Dr. Stuart Titus commented "Our success can be attributed to the company's new management group from March 2016, handling both the Kannaway division as well as overall company-wide operations. This new team has grown monthly revenue 15 times compared to March 2016 revenue. We optimistically look at continued growth as operational activities expand into new markets during the second half of the year."
On track for 2019 to be MJNA’s best year yet, Kannaway has reached major milestones in our business operations thus far. In addition to being featured in Nasdaq and MJNA commissioning the first-ever high-level stability study on a CBD hemp oil product, Kannaway officially became a member of the European Industrial Hemp Association and has even begun pre-marketing initiatives in Japan.
We’ve also launched our new Hemp Soap Trio as Kannaway’s “Product of the Month,” in addition to reformulating our Salve, Pure Gold, and Pure CBD to include 50% more CBD—75 mg and 1500 mg respectively.
This succession of accomplishments has ramped up Kannaway’s push to end the year strong, as we prepare to host our Kannaway Academy in Anaheim, introduce new products, and give our Brand Ambassadors all the tools they need to succeed.
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