Kannaway Review - CBD & Hemp MLM | Trust Score & Ratings

Founded2014

HeadquartersSan Diego, California

Trust Score66/100

About Kannaway

Kannaway is a network marketing company based in San Diego, California, that specializes in hemp-based CBD products. Founded in 2014, Kannaway offers a range of items from CBD oils to skincare, positioning itself as an early player in the hemp wellness market.

Their business model relies on independent Brand Ambassadors who earn through retail profits, binary commissions, and bonuses on new enrollments. While their BBB rating is a solid B+ and they have a Trustpilot score of 2.7/5, there are significant regulatory risks in the CBD industry that potential Ambassadors should consider.

Kannaway's compensation plan is designed to reward sales and recruitment, but with a trust score of 66/100, it’s wise to do your homework before diving in.

Pros and Cons

✓ Pros

Diverse Product Range
Kannaway offers a variety of CBD products, including oils, topicals, and even pet products, appealing to different consumer needs.
Flexible Income Streams
With retail profits, binary commissions, and fast-start bonuses, there's potential to earn in multiple ways.
Growing CBD Market
The CBD market is expanding, which could mean a larger customer base and more sales opportunities.
B+ BBB Rating
A B+ rating from the Better Business Bureau shows that they've resolved customer complaints relatively well.

✗ Cons

Low Trustpilot Rating
A 2.7/5 rating on Trustpilot suggests that many customers aren't satisfied with their experiences.
Regulatory Concerns
The CBD industry faces scrutiny, and Kannaway has been flagged for health claims that could lead to legal issues.
Binary Compensation Structure
Binary plans can be tricky; if one side of your team isn't strong, your income could take a hit.
Income Caps
Weekly caps on commissions based on rank could limit earnings for those at lower ranks, making it harder to grow income.

Verdict: Kannaway has some appealing aspects, especially with its product range and potential for income. However, the low customer satisfaction and regulatory issues raise concerns. It may be worth a look, but do your homework first.

Best for: This could be a good fit for those passionate about CBD and willing to navigate a challenging market. If you're not comfortable with potential regulatory risks or tricky compensation plans, it might be best to steer clear.

Risk Analysis

Kannaway operates in the CBD market, which has significant regulatory concerns. While their product line is appealing, the company's compensation structure and moderate trust scores raise some red flags.

Key Concerns

Regulatory issues with CBD products high
The FDA has issued warning letters to CBD companies, including those making health claims.
Trustpilot rating of 2.7/5 moderate
A low rating indicates potential customer dissatisfaction and issues with product experience.

Positive Indicators

BBB rating of B+
This suggests that the company is taking steps to resolve customer complaints.
Diverse product offerings
They have a range of CBD products, which could appeal to a wider market.

Consumer Advice: If you're considering joining Kannaway, be cautious about the regulatory landscape for CBD products. Make sure you understand the compensation plan and how it might impact your potential earnings.

Frequently Asked Questions About Kannaway

Is Kannaway a legitimate MLM company?

Yes, Kannaway is a legitimate MLM company. It was founded in 2014 and is based in San Diego, California. However, keep in mind that they’ve faced regulatory concerns related to CBD products.

What products does Kannaway sell?

Kannaway sells a range of CBD products, including oils, topicals, skincare, and even pet products. They focus on promoting the benefits of hemp-derived CBD.

How much can you make with Kannaway?

Earnings with Kannaway can vary widely. Their compensation plan includes retail profits of 25-30%, binary commissions of 10%, and bonuses for new enrollments, but actual income depends on your sales and recruitment efforts.

Are there complaints about Kannaway?

Yes, there are complaints, particularly about their products and the MLM structure. With a Trustpilot rating of 2.7/5, some users have expressed dissatisfaction with the company’s practices and customer service.

How does Kannaway's compensation plan work?

Kannaway uses a binary compensation plan, which means you earn from the sales volume of your team. You can make money through retail sales, team commissions, and bonuses for bringing in new members.

What does it cost to join Kannaway?

Joining Kannaway requires an initial investment, which varies depending on the package you choose. Typically, it can range from $49 for a basic package to several hundred dollars for more comprehensive options.

What is Kannaway's BBB rating?

Kannaway has a B+ rating with the Better Business Bureau. This indicates that they have responded to customer complaints, but some issues still exist.

Is Kannaway worth joining?

Whether Kannaway is worth joining depends on your interests and goals. If you’re passionate about CBD and comfortable with MLM structures, it might be a fit. Just be aware of the risks and do your research.

What are the alternatives to Kannaway?

There are several alternatives to Kannaway in the CBD MLM space, such as HempWorx and Young Living. Each company has its own products and compensation plans, so it’s wise to compare them.

Does Kannaway have any regulatory issues?

Yes, Kannaway operates in a space that has faced significant regulatory scrutiny. They've received FDA warning letters regarding health claims about their products, which is something to consider if you're thinking of joining.

Compensation Plan

Plan Type

This is a binary plan. That means you build two teams: one on the left and one on the right. You earn based on the weaker team’s sales.

How Earnings Work

Retail Profit (25-30%): You make money by selling CBD products directly to customers. You keep 25-30% of the sales price as profit.
Binary Commission (10%): Each week, you earn 10% of the sales from your smaller team. There are caps on how much you can earn based on your rank.
Fast Start Bonus (10-20%): When someone you enroll makes their first purchase, you get a bonus that’s 10-20% of their order amount.
Check Match (5-10%): You earn a percentage (5-10%) of the binary commissions from the people you personally enroll.
Rank Achievement Bonus: You get a one-time cash bonus when you reach certain ranks.
Infinity Bonus: Top leaders can earn additional bonuses based on their entire team's performance, going down several levels.