The rise of CBD oil has led to the rise of companies selling CBD oil. Because it’s such a new product to hit the market, there’s also the obvious opportunity to invest in such a new industry.
This is why there are many companies out there who are also offering their consumers the chance to become an affiliate and make money from selling more of their product.
While this sounds like a fantastic chance to be successful online, you’ve got to watch out for the ones that aren’t as they seem. They’re going to tell you what you want to hear to ultimately make money for themselves.
Let’s review an affiliate company, their product and whether you should trust them or not.
- Lots of products to choose from
- Extremely expensive
- Average reviews from consumers
Kannaway is what you would call a multi-level marketing company or MLM. This company first made an appearance in 2014 with Christopher Hussey as the current CTO and Jeff Rogers as the CEO.
Kannaway is a CBD oil company, which means they want to make their millions from selling hemp-related products and jump on the bandwagon of the latest trend in the health industry – CBD oil.
Kannaway Product Line
You may actually be initially impressed by the range that Kannaway has put out there. In fact, it’s so extensive that we’re not going to be able to cover it all in-depth in this review.
What’s most important is their main product, which is of course hemp and their CBD oil. Of course, we know that you can make many different products out of hemp, from CBD oil caps and capsules to topical creams and even chocolate energy bars. Needless to say that Kannaway has thought of it all, which of course helps them reach into every corner of the market.
Kannaway Starter Pack
When you sign up for an affiliate program with a company like Kannaway, one of the first things you’re required to do is pay for a starter pack. You can’t get too far with a company and their products without trying them for yourself, so it makes sense to plug the products to the affiliates first – this way, you can genuinely recommend them to others from first-hand experience.
However, what we’re surprised to see is the price tag that comes with their starter pack – an incredible $262.50. This is a lot of money to initially invest in a product and a company that you know little to nothing about.
Looking at reviews online, it seems that customers have rated their CBD oil a 2.9 out of 5, which isn’t the worst – but it also isn’t the best, either. While some people said that they experienced benefits from it, others also said that it didn’t make a difference at all.
Getting Started With Kannaway
So, what does Kannaway expect you to do to become one of their affiliates? Well, along with the starter pack, they’re also looking for you to pay a monthly brand ambassador fee of $29.99, along with a monthly minimum spent on their products.
Typically, like other affiliate companies, you’ll also get company support for being an affiliate that includes things like promotional material, training, a quick start guide, and customer support.
The way you earn money is through their compensation plan. How much you make with Kannaway depends on how much you sell yourself, how many people you recruit to sell underneath you and how much they sell as a result.
Ultimately, your earnings come from commission, so unless you and who is underneath you are doing well, you’re not going to get too much out of being an affiliate.
Why You Don’t Want to Affiliate with Kannaway
With all of this in mind, let’s take a look at why you don’t want to affiliate with Kannaway:
You’re Only Earning Through Those Commissions
Because the only way you can earn from Kannaway is through your commissions, this forces you to put even more work in for them if you want to make more.
While this doesn’t sound too bad, wait until you hear this – most other MLM companies will pay you each time you recruit someone else underneath you, as well as the sales that you make. However, Kannaway doesn’t.
Kannaway Products Are Expensive
As well as their starter pack being an eye-watering $262.50, they’ve also got some other pretty expensive products in their range. These include their Humulus Oil at $187.99 and their oil oral applicator for a whopping $440.99.
It’s hard for us to wrap our head around prices like these. Even the average price of a Kannaway product is sitting at $180.00. Compare this to a number of CBD oil products you can find on this website with great ratings, and you’ll find that the average cost of CBD oil from most other companies is going to fall well below $100.
As a brand ambassador, how on earth are you supposed to be able to compete with that kind of pricing and convince people to buy from Kannaway instead?
Incredibly Low Income Potential
While 30% commission sounds pretty good, the reality is that you’ll need to sell a whole lot of product just to make a decent income. From one $200 kit you’re going to get $60, which doesn’t sound too bad – but how long do you think it would take you to sell that kit? When time is money, it’s not going to be worth it.
Even if you managed to sell one kit per day – which would be a hustle – you would only be earning the American minimum wage, which is sitting at $7.25. For most people, this type of compensation plan just isn’t going to be worth their time.
Kannaway looks like a legitimate company with a reasonable affiliate program. However, as soon as you get a little closer and start to do your research, you realize that they’re anything but.
The first red flag is their unreasonably priced starter kit, not to mention the average cost of their products. The second red flag is their compensation plan. Even if you’re the best salesperson in the world, you’re not going to hit six figures with them anytime soon.
What’s more, it doesn’t take too much to go online and find the abysmal reviews people have left about their CBD oil. At the end of the day, Kannaway is the type of company who only have themselves in mind, and are hoping that they can recruit vulnerable customers who can sell more of their product for them.
For these reasons, we can’t recommend their CBD oil or their affiliate program and suggest you opt for something that’s going to guarantee a little more financial security.
While some people said that they experienced benefits from it, others also said that it didn’t make a difference at all.
Kannaway cbd oil reviews
If you’re new here, take this quick make money online quiz to discover what route is the best one for you .
So someone has introduced you to this opportunity to make money from home. It was probably an old friend or even a family member.
It sounds like it has great CBD oil and seems like it could be a great way to replace a full time income.
But something is still making you question if the Kannaway MLM program is a pyramid scheme or scam.
I’ll let you know right now that Kannaway isn’t a scam.
But is it the best opportunity to work from home for you?
This unbiased Kannaway review, with videos, will explain the costs of joining the company and outline the pros and cons. This will help you make an informed decision if it is the right opportunity for you.
The overview and rankings
Founders: Christopher Hussey and Jeff Rogers
Website URL: kannaway.com
Type: Healthy & Wellness Hemp Oil MLM
Products (Including Pricing): 40 out of 100
Success Stories: 5 out of 100
Price To Join MLM: $54.98 per year
$24-$110 per month to hit sales quota (depending on your rank and you can sell this to offset the cost) (75 out of 100)
What To Look For In An MLM:
Summary: Kannaway is a Hemp based MLM company. They have created a really good CBD oil that seems to be helping a lot of people as there are many positive reviews about the products.
However, they have expensive prices (you can get the same thing for $50 cheaper elsewhere).
The focus on recruiting means that you can only make good money as an “ambassador” for Kannaway by recruiting more people into the company. Therefore, it has many signs of being a pyramid scheme in disguise.
Make Time Online Rating: 40 out of 100
What is Kannaway?
Kannaway is a Multi-Level-Marketing company that specialises in “hemp-infused” products, such as CBD oil.
It was founded in 2014 by the current CTO, Christopher Hussey, and Jeff Rogers, the current CEO.
Their vision was to provide the “controversial benefits” of the cannabis plant in a safe and legal way.
The focus is on manufacturing hemp oil, which is different to marijuana. Tetrahydrocannabinol (THC) is the compound that gives the high sensation in marijuana. Hemp oil only has 0.3% THC compared to marijuana’s 20%+.
They also provide a way that everyday people can make money from the company by selling the products and recruiting more people into the company.
The 3-minute promotional video below explains more about Kannaway.
Since the legalisation of cannabis for medical and recreational use in Canada and a growing number of US states you may think this could be a great company to get involved with.
But before we dig into that you may still be wondering.
Is Kannaway a pyramid scheme?
Kannaway is not a pyramid scheme.
They sell legit products and pay their “ambassadors” commissions for selling the products.
However, the right question for MLM companies should be.
Is Kannaway a pyramid scheme in disguise?
What is a pyramid scheme?
A pyramid scheme doesn’t sell any products or services and promises their members payment for recruiting more people into the company.
They are illegal in most countries because they are not sustainable and impossible for everyone to make money with this model. Just see the diagram below.
However, some MLM companies sell a product or service to “hide behind”. They focus on getting their members to recruit rather than sell the products.
Just like the diagram above, this is not sustainable and means a lot of members lose money.
This Kannaway MLM review will reveal the truth about the company later.
For now, you can learn what to look out for with a pyramid scheme in disguise in the 5 minute video below.
Success is hard to find at Kannaway
It’s not just Kannaway that doesn’t have many success stories. It’s most MLM companies.
Did you know that research has proven that between 73% and 99.9% of all MLM representatives lose money?
There are many reasons for this and not every MLM company is equal.
But one of the main reasons is that many MLM companies sell expensive products compared to the market. Then they force their representatives to keep purchasing these expensive products or hit a sales quota to “remain active”.
Not everyone can hit that sales quota so oftentimes representatives have to purchase the products themselves.
Unfortunately. Kannaway is one of these companies as you will learn later in this Kannaway MLM review.
What is Kannaway MLM?
Kannaway’s multi-level-marketing business works like this.
They produce hemp based products. Their “ambassadors” help them to sell these products and recruit more people into the company.
So Kannaway saves costs on marketing.
And everyday people get the chance to make money from home.
It sounds like a win-win!
But if you’re looking to get involved the first thing you need to do is understand more about the products, as this is really what you will need to focus on selling.
There is a large range of products at Kannaway under the following categories:
- CBD products- liquids, capsules, salve, vape- $40-$511
- Nutrition- protein, supplements – $59-$79
- Skin care- salve, cleanser, mask – $40-$54
- Essential oils- $43.19
- Lifestyle- bag, scarf, beenie, T-shirt – $10-$45
- Hempy’s- Backpack, leggings, socks etc. – $14-$63
- Echo- charity donation- connecting sick children and families with CBD – $5-$100
- Business tools- Magazine, gift cards, different nationalities info pack – $6-$50
There is a lot going on but it’s crucial to understand more about their flagship product. the “pure gold” help oil.
Kannaway CBD Oil
Healthline shows that there are a lot of benefits to using CBD oil including:
- Can relieve pain (although studies suggest that cannabis with THC works best for diseases like multiple sclerosis & arthritis)
- Reduce anxiety
- May alleviate cancer symptoms (more research is required to assess how effective and safe this is)
- Can reduce acne
- Neuroprotective properties (ease epilepsy and Parkinson’s symptoms)
- Could benefit heart health (reduce blood pressure & prevent heart damage)
Whilst these benefits may sound pretty amazing it’s important to be aware of some potential side effects too such as:
- Changes in appetite and weight
The research is not conclusive in any of these findings but it clearly shows there is a place and a need for the healing properties found in CBD oil.
Learn more about Kannaway’s CBD oil in the 5-minute video below.
It’s safe to say that the research and products offered by Kannaway appear to be amazing and it’s very impressive what they are doing.
However, is the business opportunity right for you?
You can find all the products on offer in the Kannaway shop.
How to make money with Kannaway MLM
Right let’s get down to business then.
There are 2 ways you can make money from Kannaway as an “ambassador”:
- Sell their products and earn commission
- Recruit more people into the company and earn commission on their sales
It’s important to note this now. you do not earn money for recruiting people. you earn commissions from the sales they make!
So before we dig into the Kannaway compensation plan.
How much does it cost to join Kannaway MLM?
It costs $54.98 every year.
This gives you access to:
- Replicated website
- Back office
- Training and support tools
- Admin support
But if you really want to do well at the company then it’s wise to try the products yourself.
Also you can get a range of value packs that gives you a big discount so you can sell some of these products in person to get up and running.
It’s not compulsory but you can guarantee the person who introduced you to this will “recommend” that you buy something (remember they only make commission on anything you purchase or sell).
These packs range from $210-$1,280.
Kannaway MLM monthly costs
But the costs do not end there.
The second requirement you need to meet to stay “active” as an ambassador is hitting the required monthly sales quota PV (personal volume)
When you start this will be 28 PV per month and this increases as you “rank up”.
1 PV equals around $1 so you need to account for an extra $28 per month.
Yes you can sell this to offset the cost, but so many people have to stump this cost up themselves when they start as they struggle to sell anything!
So the total cost you need to get started for 1 year is:
- $24 x 12
Year 1 expenses: $600.98- $1,670.98
It’s nothing compared to starting a bricks and mortar business but remember this doesn’t mean the opportunity necessarily suits you.
Kannaway MLM compensation plan
OK, for some reason MLM companies like to make their compensation plan harder to understand than solving a rubriks cube blindfolded whilst holding your breath under the sea.
So I will do my best to keep this simple.
There are 11 ways to earn money.
- Customer sales programs
- Customer programs
- 3 for free
- Direct sales commissions
- DSC check match
- 10 levels of team commissions
- Rank infinity commissions
- Coded infinity commissions
- Lifestyle commissions
- Rank advancement commissions
Do you notice that all of these methods really only involves you doing two things.
- Sell products
- Recruit people
In reality, that’s all you need to know to get started. Once you start making money then it may be worth trying to understand this.
But here’s the brutal truth.
To make any good money (over $1,000 a month) you will HAVE to recruit people into the Kannaway MLM business.
You can learn more about the compensation plan in the 6-minute video below.
Or you can find the full compensation plan here.
Is Kannaway MLM a scam?
Is the Kannaway MLM a scam?
No, it’s not a scam.
They provide legit products and pay their ambassadors exactly like they say they will.
The thing you need to be aware of is that the person who introduced you to the program probably hasn’t told you everything you need to know to get started. chances are that they don’t understand everything they need to know!
Once you finish reading this Kannaway MLM review you will understand exactly what to expect and you can make an informed decision if it’s right for you or not.
Just to be fully transparent with you, I am not a distributor myself and I do not endorse it in any way.
I have researched the website, testimonials and information on the Internet to get to the bottom of what this program genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn how to “Spot an Online Marketing Scam” then click the highlighted text.
This Kannaway MLM review will expose the truth about the company. Find out what the pros and cons are of becoming an ambassador including the main reason…