Revenue for February 2018 showed 400 percent growth over February 2017. The company also claims that February revenue was significantly higher than January 2018 revenue, which was also a record revenue month for the company. In fact, revenue in February alone was greater than revenue from all of the first quarter of 2017.
"We're excited to start off this year strong and have the largest revenue month ever for the second month in a row," said Medical Marijuana, Inc. CEO Dr. Stuart Titus. "As the cannabis industry continues its rapid expansion as the fastest-growing in the U.S., we aim to continue to be pioneers in the industry and offer the most high-quality products on the market."
"Kannaway's continued growth is exciting to be a part of," said Kannaway CEO Blake Schroeder. "Our company has started off 2018 at an incredible pace and we expect our results to continue in March and beyond.".
Other Kannaway News
In other news, Kannaway also recently named Ali Boukhatem its new Director of France as part of the Company's rapid international expansion into Europe.
Boukhatem brings 20 years of experience in the direct sales industry to Kannaway. Before joining Kannaway Boukhatem worked for several major direct sales companies in Europe.
Kannaway CEO Blake Schroeder is quoted as saying, "We are excited to bring Ali onto the new executive team for our rapidly expanding European division and we are more than confident that he has the experience and skills required to effectively serve our loyal customers and Brand Ambassadors."
In his new role, Boukhatem will oversee daily operations, including logistics, brand ambassador experience and expansion into new markets, grow the leadership in the market, build strong customer loyalty and develop brand awareness for Kannaway Europe in France.
"When you have the rare chance to meet the right people with the right movement and mission within this industry, you feel honored and humble to jump onboard," Boukhatem said. "The future for Europe looks incredible and there is no doubt that Kannaway will put its name on the map as one of the best companies in the world!"
Also in February, Medical Marijuana, Inc. appointed executive members to the Expert Veterinary Advisory Board of its newest subsidiary Phyto Animal Health.