Medical Marijuana, Inc. (MJNA), the holding company of the US network company Kannaway, generated net sales of over $ 13 million in the first quarter of 2020.
Kannaway itself continues to expand to the east. The countries Russia, Kazakhstan and Kyrgyzstan were newly developed. Kannaway claims to be the first network company to legally import CBD products into Russia.
"I am very proud of the company's performance in the first quarter of 2020," said Medical Marijuana, Inc. COO Blake Schroeder. “We were able to announce the company's expansion into new markets such as Russia and Vietnam. Clinical trials and other acquisitions will also strengthen our portfolio as the world's leading provider in the cannabis sector. ”
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