New Kannaway Essential Oils Among First on Market to Include Use of Cannabis Terpenes; Essential Oil Market to Reach $13.94 billion by 2024
SAN DIEGO, May 23, 2017 — Medical Marijuana, Inc. (OTC: MJNA) announced today that its subsidiary Kannaway® LLC, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, is adding “Kannaway Essential Oils” to its line of lifestyle products. The global essential oil market is expected to reach USD 13.94 billion by 2024, according to a report by Grand View Research.
Made with pure essential oils, natural terpenes derived from the cannabis (hemp) plant, and a Bi-Bong™ blend of herbal extracts, Kannaway Essential Oils capture the benefits of dozens of natural botanical ingredients. Kannaway Essential Oils can be placed on acupressure points like the inside of the wrist, against the neck, and on the temples or added to an oil diffuser to spread the aromatherapeutic scents throughout the room.
“We’re excited to provide our Kannaway Brand Ambassadors and customers with this new line of essential oils to add to their exclusive portfolio of natural CBD hemp oil products,” said Kannaway CEO Blake Schroeder. “With the demand growing every day for essential oils, we believe our new Kannaway Essential Oil line, with its unique mix of terpenes and other natural botanical ingredients, will be popular among our health-conscious consumers.”
Kannaway Essential Oils feature three distinctive experiences for the consumer:
- Immunity – Kannaway Immunity Essential Oil lifts the immune system and bolsters natural defenses against the world. Fragrant natural oils like bergamot, orange, oregano, rosemary, and eucalyptus are combined with the terpene limonene and an expertly formulated Bi-Bong blend of botanical extracts to promote the body’s immune system to function properly.
- Energy – Kannaway Energy Essential Oil gives a revitalizing boost to conquer hectic days. The Energy Essential Oil includes an uplifting mix of the terpene Beta-Caryophyllene, essential oils like grapefruit, lemongrass, rosemary, and peppermint, and a carefully formulated Bi-Bong botanical blend to provide stamina all day long.
- Tranquility – Kannaway Tranquility Essential Oil can help balance mood, allows relaxation and promotes sleep. Tranquility features ingredients like chamomile, vanilla, rose, lavender, ylang ylang, and the terpene linalool.
For more information on Kannaway®, click HERE to visit the Company website.
About Kannaway, LLC
Kannaway, LLC is a network sales and marketing company specializing in the sales and marketing of hemp-based botanical products. Kannaway currently hosts weekly online sales meetings and conferences across the United States, offering unique insight and opportunity to sales professionals who are desirous of becoming successful leaders in the sale and marketing of hemp-based botanical products.
About Medical Marijuana, Inc.
Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally-friendly, economically sustainable businesses, while increasing shareholder value. For details on Medical Marijuana, Inc.’s portfolio and investment companies, visit www.medicalmarijuanainc.com.
FORWARD-LOOKING DISCLAIMER AND DISCLOSURES.
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties. The statements in this press release have not been evaluated by the FDA and are not intended to diagnose, treat or cure any disease. The Company does not sell or distribute any products that are in violation of the United States Controlled Substances Act. The Company does sell and distribute hemp-based products.