Kannaway Risk Report

⚖️ Legal & Regulatory

Kannaway has faced some legal challenges, which might affect its business operations. These include a lawsuit filed by its parent company, Medical Marijuana Inc., pointing to potential legal compliance risks. The legal landscape for companies in the CBD and cannabis industries is continually evolving, adding pressure on regulatory compliance.

• Medical Marijuana Inc. filed a lawsuit against businesses 🗓 October 21, 2024.
• Kannaway was closer to receiving approval from UK food standard agencies 🗓 April 5, 2022.

📜 Innovation & R&D

Kannaway continues to innovate within the CBD and hemp product space, actively expanding its product lineup and exploring new markets. This focus on innovation is central to its strategy as it navigates evolving industry regulations and consumer demands.

• Kannaway entered the CBG market in Europe 🗓 December 10, 2020.
• Kannaway unveiled new CBD beverage products 🗓 May 7, 2019.

🏅 Awards & Recognition

Kannaway achieved recognition in the international business community, reflecting the respect garnered for its products and corporate practices within the CBD space. These awards underscore its growing influence and successful navigation within a competitive market.

• Medical Marijuana Inc. and Kannaway were honored as Stevie® Award winners 🗓 August 20, 2019.