The first-ever publicly traded cannabis company in the United States, Medical Marijuana Inc (OTCMKTS:MJNA) has announced the largest –ever sales in their history in July 2018. Although the numbers are unaudited, they represent a positive business strategy that has seen the company together with its subsidiaries rake in a lot of money in revenue and profits.
In a statement, Dr. Stuart Titus, CEO of Medical Marijuana, expressed his excitement about the news. “We are excited to announce July of 2018 was the largest sales month in the history of our company,” he said. The CEO further expressed his hope that such “milestones” will be achieved in the coming month.
New CBD vape cartridge
The media release announced the launch of a new cannabidiol (CBD) vape cartridge which will be distributed through Dixie Botanicals, a subsidiary. The first of its kind, the company hopes that the vape cartridge will receive a quick adoption, an occasion that will earn the cannabis company more record-breaking revenues. The release, in addition, made public the production of a THC-free CBD hemp oil for pets.
The CBD is a fairly late entrant into the burgeoning cannabis market. However, the company announced in another press release that some of its brand ambassadors had recognized the potential of the cannabidiols as being the “next big trend in health and wellness and jumped on the chance to build a CBD business of their own. As a result, Renita and Scott Brannan, the brand ambassadors, have successfully achieved the minimum of $135,000 in monthly business volume that earned them a direct ticket to the rank of National Director Elite.
Shining example of success
In appreciating the Brannans, the release has called them out as “a shining example of success within the company.” The release also recognizes them for pushing the limits of the cannabidiols market by educating others about the CBD and its health and wellness potential.
Commenting on the recognition, Renita was quoted as saying that they did a lot of research into what the products were and how trustworthy the company was. “CBD is important to my family, including my husband, kids and even our dog, and I want to share it with everyone I can. We’re very excited to continue to grow with this company,” she said.
“Once we learned about Kannaway, we did a lot of research into what the products were and how trustworthy the company was. Hands down, we believe that Kannaway is leading the charge in the industry in terms of quality, consistency and testing methods,” brand ambassador Renita Brannan said.