Most likely, someone approached you about this ‘astonishing business opportunity,’ and you want to know, is Kannaway a scam or a genuine opportunity?
In this Kannaway review, I’ll be answering this question and cover other topics like the products offered, compensation plan, ugly truths, among others.
But first, I have to tell you that doing your research like this is very good before joining any business opportunity.
It will help you to avoid scams and discover a legitimate way to make money online.
Kannaway Review Summary
Product Name: Kannaway
Price: $29.99 per month, plus product purchases
Kannaway is a Multi-Level Marketing (MLM) company that focuses on selling Hemp-infused products. It’s one of the unique companies that specialize in the CBD MLM industry.However, they have a very bad business opportunity in which the income potential is very low. Their products are overly expensive, and the only way to earn money is through commissions while selling these products. Even the industry involved here is very competitive. This means that you’ll have a very hard time trying to sell their products due to the high prices and therefore, you’ll hardly earn anything substantial. That’s why I don’t recommend the Kannaway program to anyone. Read on to find out all the truth!
I also want to inform you that I’m not affiliated with this company in any form, so I’m not trying to sell you anything here.
I want to provide you with my unbiased third-party Kannaway review to help you understand everything about it and make an informed decision in the end.
So, is Kannaway a scam or legit company?
Let’s find out in the review!
What is Kannaway?
Kannaway is a network marketing company that’s located in California.
It specializes in selling CBD Hemp oil products.
The company was established in 2014, so they have been in business for 5 years at this time of writing (2019). Blake Schroeder is the CEO of this company.
Allegedly, Kannaway aims to share the benefits of hemp-based cannabidiol (CBD) with every person and family. This would help to improve many lives since they also empower you to share these benefits with your community.
That sounds good, right?
Kannaway also supports a charity just like most other MLM companies, which is called ECHO (Education, Collaboration, and Hope).
This one offers support for special case people and families that require cannabinoids. A huge upward trend currently surrounds CBD oil, so there’s no denying it’s value.
Kannaway offers people a chance to make money by selling their products. If you love their products, you can make money by promoting something you believe in.
But wait; this doesn’t necessarily mean that you should jump in and join Kannaway!
This is simply because it’s just like any other business opportunity or company, and it has its shortcomings.
It’s good to note that Kannaway is not accredited by the Better Business Bureau (BBB) although it has an A+ rating.
It has received six complaints in the last three years and two in the last 12 months, most of which were related to the products/services offered.
The following sections of my Kannaway review will reveal everything you need to know about the business opportunity as well as the products they offer.
This will assist you in being more informed while making your final verdict regarding this company.
Sounds good, right? Ok, let’s continue!
How Kannaway Works
When it was founded in 2014, Kannaway MLM started selling and promoting skincare and health-related products.
However, it was acquired by Medical Marijuana, Inc. in 2015 and began to offer products that contain CBD and hemp oil.
Since then, this became their major products and are aimed to improve your health.
Kannaway Product Line
Kannaway has many distinct products that you can choose from, and they have been getting more positive reviews than negative ones.
However, it still depends on the way your body will react to products that are infused with cannabis.
The Kannaway Company offers three main products, including:
Beauty Define Sav – This is an ointment or cream was containing CBD-rich hemp oil to improve your overall health.
Hemp Vap Pen – This one looks like the electronic cigarette but contains the CBD hemp oil. It’s meant for safe smoking with vapors that are a healthy substitute to real cigarette smoking.
Kannakick Energy Chews – These look like fruit chews but contain CBD-rich hemp oil and caffeine.
Other notable products include the Premium Hemp Oil Caps, Pure CBD Premium Capsules, Kannaway Salve, Premium Hemp Oil Oral Applicator, Kannaway Pure CBD, and Kannaway Chocolate Energy Chews, among others.
A lot of people think that there are hallucinogenic properties that could get you high if you use hemp or hemp oil.
However, this is not the case, and Kannaway emphasizes this in their description of HempVAP.
They claim that their hemp-based CBD oil is designed with no high-nicotine content, unlike other electronic cigarettes, hookahs, and vapes that are designed for intense “buzz.”
This means that there is no getting high and no smoke or nicotine in the products. They claim that HempVAP is a unique premium alternative for daily use.
Now, how much do these products cost?
You can choose one of the available three kits when it comes to buying the Kannaway products.
1. Defined Transformation Kit – Costs $554 and comes with Moisturizer, Toner, Soak, CBD Caps, Cleanser, Exfoliant, and Serum.
The price ranges from $54 to $124 if these products are ordered separately.
2. KannaKick – Sold at $31.98 and includes two boxes of KannaKick™ Chocolate Fudge.
Each of the boxes contains four chews.
3. HempVAP Starter Kit – This one costs $90 and gives you everything you need to use your CBD oil the entire day.
It has a versatile and elegant sleek format with a built-in tablet or smartphone stylist tip to enhance ultra-convenience.
This kit comes with two unflavored atomizers that are filled. Moreover, the company offers Kannaway Starter Pack that costs a whopping $262.50.
This pack includes products such as Premium Full Spectrum Caps, Rev!ve AM, Rev!ve PM 500mg, and Chocolate Energy Chews.
If you want to see the full catalog of products offered, you can do so by visiting the Kannaway’s website here.
Up to this point, I hope you now understand everything about the Kannaway products. Next, I’ll be looking into the details of how you can earn money with this company.
So, continue reading.
How Can You Make Money With Kannaway
Kannaway is an MLM business, and therefore, their business opportunity allows you to make money in two ways:
Selling their products directly to customers to earn retail commissions
and/or recruit new people into the program.
The main marketing methods used by Kannaway members are social media marketing and word-of-mouth marketing.
I guess you too probably heard about Kannaway that way in the first place, such as from a friend or relative, or a social media post.
To understand how much money you can earn with Kannaway, it’s important to know what their compensation plan looks like.
This takes us to the next section of this Kannaway review, which is:
Kannaway’s Compensation Plan
Kannaway Company has a very complex compensation plan that’s hard to understand, especially if you’re new in the MLM world.
However, your earning potential relies on how many retail sales you make as well as the number of people you recruit into your downline and how many sales they make.
Something worth noting here is that Kannaway doesn’t pay you any money for recruiting people.
Instead, they compensate you for the sales made by your downline team, meaning that there’s still some focus on recruitment.
Kannaway’s compensation plan follows a uni-level structure.
This means that you’ll earn higher commissions if you’re on the higher ranks and vice versa.
I won’t get much deeper into the details of this comp plan, but here are some of the main elements:
Direct Sales Bonus – You’ll get a 30% commission as a Brand Ambassador when your downline members buy products to use or personal use.
Triple Direct Sales Bonus – You earn triple-rate commissions on direct sales of all Kannaway Value Packs.
50% DSB Check Match – As a Brand Ambassador, you earn the DSB Matching Bonus at a 50% check match on all bonuses for direct sales. This is paid out to the whole team.
Here is the compensation plan of Kannaway so you can check it if you’d like to know every single detail it has.
Commission Eligibility Criteria
To be eligible for commissions, you have to register as an independent distributor (Brand Ambassador) of Kannaway on their website and pay the required fee, which is $29.99 per month.
At the same time, you have to maintain the minimum monthly Personal Volume (PV) set for your rank. It doesn’t matter whether you do this by placing personal orders or making customer sales.
To become a distributor or Brand Ambassador, you’re required to pay a monthly fee of $29.99. Then, you have to maintain the required monthly PV to continue earning commissions and bonuses.
As a Brand Ambassador, you’ll get immense support from the company that includes:
Network Marketing Training
Kannaway Marketing Website
Kannaways Secure Back Office
Access To Kway University Training
Kannaway Media Marketing System
Quick Start Guides and Success Manual
GOOD VS BAD
- It has many different products.
- It’s been operating for five years now, which is quite a long time.
- It has an A+ rating on the BBB.
- Their products are pricey.
- Their compensation plan is confusing and difficult to understand.
- The income potential is very low.
- There is a tendency to fail just like in other MLM’s.
- The health industry is very competitive.
- The BBB does not accredit it.
The founders of Kannaway Company are Christopher Hussey and Jeff Rogers. They started this company back in 2014.
Both of these guys had interests in coming up with something unique in the MLM industry. Something that wasn’t even thought of or done before.
That’s how they came up with the idea of using the MLM business model to sell hemp oil and CBD health products. Christopher is the current CTO, while Jeff is the CEO of the company.
There isn’t much info regarding the founders of this company on their website.
Who Is Kannaway Meant For (And Not For)
Kannaway is intended for two kinds of people.
These include the people looking for products that contain marijuana and those searching for opportunities to make extra money.
Therefore, if you’re one of these people, then the hemp and CBD oils and/or the business opportunity offered here may suit you.
You can buy and use the products or sell them to other people to make money. You can also recruit people to be distributors and make money for the sales they make.
However, Kannaway may not suit you if you have no interest in their products or business opportunity. If you aren’t experienced in the MLM field and direct selling, then you’ll find it very hard to make any money here.
Besides, their products are too expensive, and not everyone can afford them. Several other red flags may hinder you from joining this company, and we’ll look at them in the next section.
Ugly Truths Revealed
1. The Products Are Very Expensive!
The products that Kannaway offers are overly expensive when compared to other online vendors like Amazon.
They range from $31.98 to $554, and the starter kit costs $262.50.
Due to the high prices, the Brand Ambassadors find it very hard to complete sales, and this means that they don’t get the bonuses and commissions.
2. You Can Only Earn Through Commissions!
When you become a Brand Ambassador, you are only allowed to earn commissions.
This means that you have to work extra hard to recruit more people and make more money. Kannaway differs from other MLM’s in that it emphasizes more on teamwork than individual work.
They want their distributors to put more focus on sales rather than recruitment. If you’re looking for a way to make easy money, Kannaway is not a good platform for you.
3. Very Low Income Potential!
To earn a considerable amount of money with Kannaway, you have to sell a least three packs per day.
The worst part is that it won’t be any easy since the product packs are so highly-priced.
Nevertheless, your success depends on your efforts.
You can be safe if you can manage to sell more products, but you may end up spending more money than you do with this company.
You should understand that this opportunity can’t help you to leave your day job.
In the end, it’s a typical MLM operating in the health industry just like the following companies:
Are You Tired Of Scams?
Is Kannaway A Pyramid Scheme?
Kannaway is not an outright pyramid scheme but a legitimate company that uses the MLM business model.
The company has real CBD-infused products, and it allows its distributors to earn money by selling them.
However, this business has certain aspects that make it look very similar to a pyramid/Ponzi scheme.
Their compensation structure is binary and allows the people at the top of the pyramid to earn higher commissions than those below the pyramid.
Besides selling their products, brand ambassadors are encouraged to recruit more people into the Kannaway program. Then, you’ll earn commissions every time the people in your downline make sales.
When the distributors focus more on recruiting instead of product sales and make most of their money through it, this makes the company resemble a pyramid scheme.
The bad thing about MLM businesses is that the majority of their members fail to earn a reasonable income and end up losing their money and quitting.
Studies say it’s only less than 1% of all people who join MLM’s make some good money. The rest 99% fail to earn a considerable income.
Just look at the following examples to prove that I’m not lying:
Is Kannaway A Scam?
Are you still wondering, is Kannaway a scam?
Well, we can’t call this company a scam since it has tangible products that may appeal to certain individuals.
It also doesn’t scam people out of their cash.
Moreover, they offer a chance to make money, and some people can earn with them.
However, the earning potential and success rate here is very low.
The products are overpriced, making it difficult to make enough sales to earn a good income with this program.
The only way to earn with this company is through product sales commissions, and you can’t earn just by recruiting people if they don’t make any sales.
In my opinion, the chances of failing are just as high in this program as in other related MLM companies.
Therefore, I wouldn’t recommend anyone to join Kannaway unless you love their products very much and have no problem with the high costs involved.
Do you think that the business opportunity presented here is worth your time, effort, and money?
Now, I honestly hope that you’ve found my Kannaway review helpful, and you’ll be able to make a more informed and rightful decision regarding this company.
However, if you’re seriously in need of a genuine method to make money online, I have a top recommendation that helps me to make some good income.
Check it below…
How I Make Income Online
I don’t recommend the network marketing business model since it has so many restrictions and huge costs.
Instead, I use and recommend affiliate marketing, which is the best method to make real money online.
I say it’s best because your income doesn’t rely on the number of people you recruit.
Affiliate marketing has helped me to generate a 4-figure monthly income in less than one year.
To learn how to do it perfectly, I followed the systematic training and used the resources offered by Wealthy Affiliate.
This platform has the best training that’s very easy, even for newbies to understand.
All you need is the willingness and readiness to learn and implement the training.
Many others and I have done it, so you can do it too!
It’s completely free to get started, and you get some training as well as two websites to start working.
You can promote any product you may like, which differs from MLM’s that restrict you from promoting only their products.
The best thing is that I’m willing to help or even coach you (if you like) to create your own successful online business.
Just join Wealthy Affiliate and message me directly when you get in!
I’ll get back to you with the help you need as soon as I can.
Anyway, let me know your opinions regarding this company and my Kannaway review in the comment form below.
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