Is Kannaway A Scam? Hemp-Based MLM Company With No Income Disclosure, Exposed!

Welcome to My Kannaway Review!

When it comes to starting a business, one of the most popular options is a multi-level marketing (MLM). All the products you need to sell are ready plus, there are a lot of bonuses and incentives that await!

However, that business model is also popular for not-so-good reasons, such as the need to sell overpriced products, recruitment, and low-income potential.

Therefore, before you join an opportunity, it’s best to do a background check first. Yes, it could be the most enticing offer you’ll get but to avoid losing a lot of cash or worst, getting scammed, find out what that company is really about.

So in this post, we’ll discuss a well-known brand called Kannaway. 

If there’s one unique selling point for Kannaway, that would be their products. Everything is based on hemp -- a type of Cannabis sativa plant that contains higher cannabidiol (CBD) and lower tetrahydrocannabinol (THC).

Just a heads up, CBD is non-intoxicating, unlike THC. Meaning, it won’t make you high and it provides therapeutic benefits instead, such as muscle and joint pain relief. Nevertheless, many people assume that hemp and marijuana are the same, thus it’s illegal in many states and countries.

Kannaway was founded by Jeff Rogers and Christopher Hussey in 2015

According to Jeff’s LinkedIn profile, he became the President of various companies, such as Bog Dot 1, Card Global, Inc., and TCN, then he became the CEO of Kannaway but only for three years. After that, he left the company and became the head of Sanki Global, another MLM company under the health and wellness niche.

Jeff was then replaced by Blake Schroeder as CEO in 2016. 

Christopher, on the other hand, has little to no details about him online other than that “he has a background in MLM.” However, there’s no mention of specific companies he’s been involved with.

Kannaway Product Line

Kannaway is under the health and wellness niche and its products are mainly divided into six categories, including:

Nutrition

This consists of the supplements and powder drink of Kannaway that claims to build muscles, lose body fat, and support digestive health.

Skin Care

These are the hemp-based skin care essentials, such as moisturizers, cleansers, serum, and salve.

Essential Oils

These are hemp-based essentials oils in three variants: Tranquility, Immunity, and Energy.

Hempy’s

This is the apparel side of Kannaway wherein they sell labeled-products, such as belts, beanies, socks, leggings, and bags.

Echo

ECHO -- or Education, Collaboration, and Hope -- is an organization that aims to educate families who are seeking CBD for its therapeutic benefits, such as a relief in depression, anxiety, and muscle pain. It’s also known to alleviate seizures and improve sleep.

Instead of buying a product, Kannaway has provided a way for customers to support ECHO through donations with denominations starting from €5 to €100 or $5.41 to $100.41.

Business Tools

These are the marketing tools you can use as a distributor, including brochures and digital gift cards.

All of their products come in individual and bundle packs, too.

How To Make Money With Kannaway?

As usual, there are two ways to make money with Kannaway. 

Being an MLM company, you can earn by selling their products based on the brand’s suggested retail price. This lets you earn around 30% commission, which is really good. Most MLM companies I’ve reviewed in the past offer 20% to 25% commissions.

To learn more about Kannaway’s compensation plan, you can watch the video below:

To become a member or so-called Brand Ambassador of Kannaway, you have to pay $29.99 plus the required Personal Volume (PV) every month. The PV that you need to maintain depends on your rank or level.

Also, you will need to purchase a $262.50-worth of Starter Pack to gain access to the following business tools:

• Kannaway Marketing Website
• Kannaway Media Marketing System
• Kannaway Secured Back Office
• Kway University
• Promotional Materials
• Success Manual
• Training

PROS

Legit Company That Supports CBD

It’s good to know that the company is legit and that the people behind it are real and not hiding under pen names. Also, the product they choose to promote, although deemed illegal by many states and countries, is known for its health benefits.

CONS

Expensive Membership Fees

To become a member and to keep your account qualified for commissions, you have to pay around $300. This does not include the PV you have to maintain every month. 

For newbies and even those who have experience with MLM, this is a huge amount and the most troubling part is the challenge to sell their products. It’s expensive and the market for health and wellness essentials is saturated. Plus, hemp-based products can be sold in limited locations only.

Overpriced Products

Their Power Protein, which claims to help lose body fat, costs $72.57. There are other brands online, and most of which are well-known that costs less than $30.

Overpriced products, by the way, are normal for MLM companies and that is one of the main problems of their distributors. It’s hard to sell expensive essentials after all and not to mention, it has a limited market.

No Income Disclosure Statement

After 6 years in the industry, Kannaway has failed to disclose the earnings of their members. It’s almost impossible that they keep on forgetting about this so there’s probably one reason why they don't share their Income Disclosure Statement and maybe it’s because their Brand Ambassadors are not earning at all.

Expensive Membership Fee

The membership fee plus the Starter Pack costs $300 and this does not include the products you need to purchase every month.

Do you think you can get your investment back considering the price of the product plus the need to recruit people? Not to be biased but we don’t think so. We mean, most people don’t understand how MLM works and even if they do, it would still be impossible to make money from it because there are other cheaper and better alternatives online.

Limited Market

While hemp is beneficial for health, it’s not allowed in many countries and states. That said, your market is limited. Other than this, you have to consider your competitors, too. Unless you know how to make your brand or business stand out, there’s a chance that you won’t be earning at all.

It’s good for anyone who supports CBD for its therapeutic benefits or has personally tried Kannaway’s products and liked it. It’s also ideal for those who have experience with MLM in the past.

Training is included in the fee you have paid to become a member. Also, like usual MLM companies, you can expect training from the leaders and your uplines, too.

Kannaway is a legit company that offers good products; however, we don’t find anything unique about it. It’s still new though so perhaps, it might take some time to have more improvement. It’s good to know that the brains behind the brand though are real and are showing up.

However, there are drawbacks that you should think about first. For one, are you fine with the company not being transparent with their Income Disclosure Statement? Will you be able to trust a brand that doesn’t show its members’ earnings? How can you be sure that you will earn from this program?

Another thing is the overpriced products. Yes, this is normal for MLM companies, basically to provide its members with bigger incentives and commissions. However, there’s nothing really unique about the products so it’s hard to tell that the essentials are worth its price.

Lastly, you compensate more only if you recruit and it’s pretty understandable why this is a drawback. One, most people are not comfortable with sending messages just to invite another person to join the platform, and two, even if you are fine with the recruitment, it won’t be easy since many people avoid MLM because of the negative stigma it has.

Setting up a business and making money from it is not easy; there will always be challenges but the most important thing to keep it going is to have the right tools and support you need.

Lucky you, we found a legit program that provides all the essential things to get you started. From the training up to the community, you know that the only thing missing is you! Sign up now and take advantage of the following perks for free:

• Training resources
• Webinars to help you start your business online
• One-on-one coaching
• Comprehensive guide
• And many more!
  
  

Thank you for reading my Kannaway review and if you have any questions or comments, please feel free to share it below. Also, don’t hesitate to join our mailing list for the latest product reviews and ways to make money online.