Understanding Kannaway: Can You Really Make Money With Kannaway?
Founded in 2014, Kannaway is an industrial hemp multi-level marketing company! They offer hemp related products as well as a business opportunity for those interested in getting involved with their movement as well as making an income for themselves re-selling their products.
What is hemp? Hemp is the fiber from the cannabis plant and has many uses and benefits and has been used for a very long time before the drug war started and banned hemp related products. Hemp can come in 3 forms Seed, Oil, and Fiber. It can be used to create many things such as Detergents, Fuel, Paint, Fabric, Insulation, Automobile Parts, Carpeting, and many others! Before people begin to get turned off by this company assuming it’s some pothead organization, it’s important to note that you cannot get high from hemp. Smoking hemp is like smoking a stick and will only result in negative, and possibly painful effects.
As mentioned before, Kannaway offers hemp related products and hemp has many uses. Although, most of their product line contains hemp, some also contain cannabis and can cause mind altering effects so be sure to use these products carefully with caution! They may have high-quality products, however, keep in mind that their prices are a little extreme. I will provide a brief explanation of a few of their products below!
R2 System – For $96.00 you can get this Rest and Relaxation system designed to provide natural stress reduction, promote healthy sleep, and calm any anxiety. This is a kit that comes with quite a few products but the purpose of all the products are the same CBD OIL.
Rev!ve Caps – $70.00 for this dietary supplement containing hemp oil and designed to be a detox to rid your body of toxins and other harmful chemicals to balance your mind and body leading you to feel more youthful and energized. It is recommended to take only 1 capsule per day!
Cleanser – An anti-aging cleanser for your skin for $50.00. Of course, it contains hemp oil and is designed to reverse the aging process, clean your skin, provide skin hydration, and remove dead skin cells without drying the skin.
The question still remains; can you really make money with Kannaway’s business or income opportunity? In order to answer this question we will look into their compensation plan! There are quite a few payouts that Kannaway offers but I am only going to explain a few briefly.
Direct Sales Commission – This is one of the most common payouts in the multi-level marketing industry. This one in specific occurs weekly. As an example of how this works, if a product sells for $90.00, as a member you are able to purchase the same product for $70.00. Therefore, when you make the sell you simply keep the remainder of $20.00 as profit.
Direct Sales Bonus – When you enroll someone into your “downline”, they too will need to purchase products to re-sell in order to grow their own business. When they do that, you are able to earn 30% of their personal purchases for their first 30 days.
Rank Achievement Bonus – They have all types of ranks that members can achieve and when they achieve this rank they become eligible to earn a certain bonus and an even higher one if they do it within a certain period of time. As an example, if a member achieves the rank Executive Director within 60 days they will earn a bonus of $500. However, if they take 80 days to achieve this rank they will only earn $250.
To Conclude, Yes, You Can Make Money With Kannaway’s Business Opportunity!
In order to get started and open your own Kannaway business and make money you will need to pay their start-up fee. With this company, however, the start-up fee isn’t a one-time payment. There are two ways you can get started.
Monthly Fee – $9.99 a month or $119.88 annually.
Annual Fee – $49.99 annually.
As soon as you pay these required fees you are good to know but must continue to pay them until you are ready to retire yourself from the business.
The products offered by Kannaway are unique and interesting to say the least. I know from several years of research that hemp products are very high-quality. However, the prices are absolutely outrageous! Something else I know is that hemp is much cheaper than other ingredients and that is why there is such a push to lift the ban from hemp. Cannabis or Marijuana is a different story. However, as mentioned before, you cannot get the mind altering effects from hemp! Therefore, the ban is pointless. Hemp is cheaper and higher-quality so their prices’ being as high as they are is extremely ridiculous!
The opportunity is also quite unappealing. Although they do offer quite a decent number of payouts these payouts are not very lucrative. However, that’s not the most disappointing feature of their compensation plan. They have several requirements you must consistently achieve such as sale quotas. If you do not sell a certain amount of products each month, you will not be paid any bonuses.
The cost is also insane. Most companies in the industry of multi-level marketing have a one-time start-up fee. Most individuals join companies like this because they enjoy their products and would also like to create a residual income for themselves. However, in this company you would be paying a residual bill (using the term loosely). The cost is not appealing in the slightest. I would rather pay 3 thousand dollars one-time that last for a lifetime then $49.99 every year that I’m involved with the business.