Medical Marijuana Inc (MJNA)

[GDorn]

Kannaway is as of yet not a sure thing.

Yes, they are selling product but there are issues. I've watched a good number of MLM launches and this is far from the smoothest roll out I've ever seen. Product delivery delays are never a good sign but the thing that caught me eye is the comp plan "enhancements." The whole Eight Weeks to Success deal tells me the "buzz launch" campaign didn't do what they wanted it to.

The original story was Kannaway Affiliates can not sell to customers but only during the (March) "Buzz Launch" phase. Come April 1st you could sell to anyone in the US. April 1st got pushed back to April 20th (420 get it) but they'd be selling to customers with the normal comp plan then, right? Well not quite, no product delivery till the second week of this month (six weeks past the original promise).

They could just be honest and admit what kind of a shoe string they're operating on. They aren't ordering product until sales are made but that should smooth itself out. That isn't the red flag I'm pointing out, the "Eight Weeks to Success" promotion is.

For a company that harps on "compliance" the way Kannaway does the focus of the Eight Weeks promotion is dead wrong. Legitimate MLM sells products or services to customers. The Eight Weeks promotion is all about becoming an affiliate (Brand Ambassador) and buying the most expensive product package possible. Then recruit at least one person a week for eight weeks to do exactly the same. THAT is how the bonuses are stacked. Not for selling products to customers, that may happen eventually. But for the next eight weeks at least Kannaway is focusing on signing up affiliates and paying them to buy products.

Comp plans drive affiliate behavior, Kannaway is not focusing on selling products to customers.