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What is Kannaway? – Read this before you join!

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kannaway-mainName:  Kannaway
Website:  www.kannaway.com
Price: $9.99/mth or $49.99/yr + product sales
Owners: Medical Marijuana, Inc.

Bare Naked Scam rating: 3 Thumbs Down

5-minute-mogul-rating

What is Kannaway?

The use of Hemp (same family as Marijuana) is finally legalised in many states of the United States and Kannaway is here to seize the opportunity. I have been following Kannaway when it was first launched in 2014. It was an impressive start for Kannaway in early 2014, however, it has not been performing well lately according to MLM Rankings. Learn more about the difference between Hemp and Marijuana here.

kannaway-trend

As you know Kannaway is a Multi-Level Marketing Company which focuses on the sales of Hemp related products and I am pretty sure you are curious as to whether Kannaway is a good business opportunity for you to dive into. To determine if this business is worthy of your time, my first question to you will be “Do you use the Hemp products from Kannaway personally and regularly, and does it benefit you?”. If your answer is “Yes”, well then you got your answer.

No doubt the Hemp products has its benefits, but Kannaway has wrote a disclosure statement that its products are not Food and Drug Administration (FDA) tested.

kannaway-disclosure

So what exactly is the use of Kannaway’s products if they are not intended to cure or treat any disease? You see the most contradicting problem is that the general public wants to use Hemp products for benefits like reducing the risk of cardiovascular disease, lower blood pressure, stimulate hair growth, improve brain function, etc, but while Kannaway has these Hemp products, they are not intended to solve the problems of the general public. So what exactly is the Hemp products used for? Leisure?

Well, I am not here to debate if the Kannaway’s products work because I know there are some people claimed that the products worked for them. My aim here is to disclose all the facts in order for you to make an informed decision before joining Kannaway.

Are you selling Kannaway’s products the right way?

To become a Kannaway Brand Ambassador you have to pay $9.99 a month or $49.99 a year to obtain its membership. In order to receive commission from Kannawat, you have to remain as an active member by paying its membership fee. Kannaway’s products are not cheap, if you compare the price of its products against the Hemp products you can buy from a drug store you will see the difference.

kannaway-products

Based on the price of the Kannaway’s products, coupled with the undetermined benefits, you can determine the demand for Kannaway’s products. This leads to another problem that most Brand Ambassador face.

Most Kannaway Brand Ambassadors have been complaining that they do not have sufficient leads to generate the sales that they want. They were taught to sell Kannaway’s products to their close or extended family members and friends, and get referrals from there, but the fact is, the referrals will run dry. It will come to a point where you will be stuck and cannot progress with the business.

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Let us break down the statistics that most Kannaway Brand Ambassador face. Out of 100 people, maybe 20 of them will be interested in the products, but 3 of the 20 will buy a product from them and if they are lucky, 1 will join them as a Brand Ambassador.

As you know, the best way to make money from Kannaway is not from the sales of its products but from the number of Brand Ambassadors recruited. Kannaway is a Multi-Level Marketing company anyway, the more people you recruit the more successful you are. Here is a video that will explain the compensation plan:

As you can see, you will only make $15 from each product sale regardless of the amount of sales volume you generated. To me, that is kind of unfair because from the business that I am in, I get a percentage of the sale that I make (for example a 30% commission for the $100 sale that I make). What if someone bought $1,000 worth of products from Kannaway? You make only $15 out of it, make sense?

So the only way to make lots of money from Kannaway is through recruiting. You can see from the video that you will receive bonuses when you enrol people into the business as brand ambassadors. But, to make a substantial income from Kannaway, you have to recruit a lot of people into the business. Remember the statistics that I have shared?

Hence, many people failed in their Kannaway business, don’t let that happen to you.

Are you joining the right team?

This is one of the most important factor that will determine your success or failure in the business. When you are new to a business, especially when you do not have any experience in sales, knowledge of products, it’s compensation plan, marketing strategy, etc, you kannaway-teamwould need to depend on your upline or sponsor (person who introduces you into the business) to guide and nurture you.

Let me get straight to the point, you need to be a successful salesperson in order to be successful in the Kannaway business. If you cannot sell, you might as well don’t be in this business. So, when you new to this business, somebody have to groom you into a great salesperson, and the person who groom you must be a great leader as well as a salesperson himself/herself, and he/she must put your interest ahead of theirs.

If you would have joined a team who do not have the expertise in grooming you, and do not put your interest ahead of theirs, you are doomed for failure. Many Kannaway Brand Ambassador have experienced this and failed.

I would suggest that if you want to join the Kannaway business, make sure you do your due diligence before joining a team. Though everyone is in Kannaway, each team works differently.

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It takes both hands to clap. Even if you join a great team who are willing to go all out for you, but if you do not put in the extra effort yourself, it comes back to square. Let’s be honest, if you do not take interest in yourself, then who can look after your interest.

My Sincere Advise to You

If you have already benefited from the products of Kannaway, it is most logical to promote it, but make sure that you join the right team who puts your interest first. Note that you will be facing lots of rejection and there are a lot of downside when you first enter the business, but if you pull through it, it will change your life.

Alternatively, if you do not like to be a salesperson but you still want to be successful, I would suggest you check out Affiliate Marketing. Affiliate Marketing is one of the best way for people to make money online based on their passion. You do not need to sell products, you only need to recommend. It is the business that I am in and have been making a substantial income month after month.

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Thank you for reading! If you find my article beneficial, please feel free to share it with your friends and family by clicking on the social media buttons (facebook, twitter, Google Plus) below. If you would like to share your thoughts on Kannaway, please feel free to leave a comment below.

Your pal,

Jack

My Secret to Online Sucess

About the author

Jack Cao

Jack is an experienced online marketer who would like to extend his help to whomever wants to learn more about building a successful online business. Connect with me on Facebook, Twitter, and Google Plus. Read more about Jack and BareNakedScam.com here...

2 comments
Ron Alderman -

I learned something new. I did not even know such a company existed. Once you explained what it was I wanted to know more about the company and the Why. You did a great job of explaining both.

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John -

Great review about Kannaway Jack!
I am not a big fan of multi-level marketing companies in general.
I believe their products are over-priced so that they can pay their commissions and unlike affiliate marketing, you have to hassle a lot of people to join your team to earn more money.
As my online business and profile continues to grow I am constantly getting offers to join network marketing teams and it is annoying to say the least!
Sounds to me that Kannaway is another one to stay away from!
~John

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