Hemp is not Weed - A New MLM Kannaway [Archive] - RealScam.com

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scratchycat

03-04-2014, 11:01 AM

Just saw this today and so I am not sure if it has already been discussed in RS or not. If so, maybe admins can move this to that discussion.

We knew with the legalization of hemp, weed, marijuana, grass, etc. - whatever your favorite name for it is, there would be more coming. So here we go, another MLM and this one is selling weed. It could be your next visitor will not be the Avon Lady but a Kannaway distributor bringing your smoke to your door. :RpS_wink: (A little humor there but could happen.)

So far this is what I have found about this 'scheme' that seems to have risen from the dead just last week. I can always count on my friend to be in on the latest.

The Buzz Launch is Rollin. Are You In? (http://thebuzzlaunch.com/7742452)

HEMP is not WEED, the message being hyped on the latest "scheme" running around the internet.

Kannaway | The Official Kannaway Google Hangout (http://kannaway.com/hangout/)

Have I seen this guy before?

QUOTE (DopplerMkt @ Feb 21 2014, 08:23 PM) *
I work with the leaders in the company that work directly with corporate.

I have direct access to Ray Dietrich the #1 recruiter on the leaderboard,
as well as Billy Funk and Eric Green.

Join a winning team that has everything you need to grow your business.
We will have co-ops and plenty more to come from the top leaders
in Kannaway.

Kannaway - Kannaway.com (http://www.moneymakergroup.com/Kannaway-Kannawaycom-t466581.html)

Order Details
1 - HempVap - $90.00

SubTotal: $90.00
S/H: $10.00
Tax: $0.00
Total: $100.00

Once again, thank you for your order.

Sincerely,

Kannaway
Please Print this letter for your record.

. Once you sign up on their website, youre asked to put in all your info including a Social Security number ( collecting your personal info on top of it ) and then are asked to select a product that you will be asked to buy tomorrow, March 1st. If you dont buy the product, youre going to be put at the bottom of your downline. All the while there is no compensation agreement, product information other than photos and if you go to the "launch party" that I dont think actually exists, you even have to pay 20.00 just to get information about what smells like a major scam on unsuspecting biz op seekers. Folks there is NO OPPORTUNITY here other than Kannaway making money off thousands of people who agreed to buy a product from them.
Next order of business .... I came across this internesting bit of information

investorshub.advfn.com/boards/read_msg.aspx?message_id=97038224

Kannaway is owned by General Hemp, LLC

Kannaway's managing member is General Hemp, LLC

General Hemp, LLC, a Delaware corporation, is owned by Stuart Titus, and General Hemp owns 628,191 shares of CannaVest

If Kannaway is the home-based business organization that is going to be selling Cannabis Beauty DEFINED, then the circle is complete:

CannaVest CBD oil goes into a product owned by HDDC (a major shareholder of MJNA). That product is is wholesaled by MJNA company HempMedsPX to a fledgling multi-level marketing company owned by a major shareholder of CannaVest.
Ripoff Report | Kannaway / Kway / Chris Hussey Complaint Review San Diego , California: 1127446 (http://www.ripoffreport.com/r/Kannaway-Kway-Chris-Hussey/San-Diego-California/Kannaway-Kway-Chris-Hussey-GET-PAID-TO-LEGALLY-SELL-CANNABIS-San-Diego-Califor-1127446)

Word to the wise .... do your Due Diligence on any company before making impulsice decisions.

THIS IS NOT A MONEY MAKING OPPORTUNTY, THIS IS A PREDATORY VACCUUM SCAM FOR KANNAWAY to make money off Craigslist and other sites and youre the innocent victim. Why else would they tell you NOT to use thier NAME, LOGO, MAKE CLAIMS ABOUT MAKING MONEY OR MEDICAL BENEFITS?

Becuase Kannway/KWAY is a JOKE and an MLM SCAM ... all you have to do is watch all the you tube video's of these bozo's bouncing all over the place talking about how they have a legal cannibas product to sell in all 50 states.... "catch me if you can" is all this amounts to.... they take your information but give none in return.... Thank God the gov is now in the shadows of every social media site so that scumbags like this can get sucked out of the black hole they are trying to lead everyone into....

Word to the wise .... do your Due Diligence on any company before making impulsice decisions.

They keep mentioning Burke...

1841868553_DOMAIN_COM-VRSN

Of course the who is shows ENOM, INC.

Kannaway.com is ranked #18,740 in the world according to the one-month Alexa traffic rankings and 0 out of 10 according to Google Pagerank. The site was founded 2 months ago. Kannaway.com has the potential to earn $22,869 USD in advertisement revenue per year. If the site was up for sale, it would be worth approximately $160,085 USD. Kannaway.com is rated 2.5 out of 5.0 by StuffGate.

Kannaway.com is worth $160,085 USD - Kannaway | It's About Time (http://stuffgate.com/kannaway.com)

7161

https://www.facebook.com/carlajocarey

https://www.facebook.com/ScienceOfWeed

busttheblock

03-04-2014, 11:30 AM

This scam is being pushed real hard by Billy Funk and Ray Dietrech, well known ponzi pimps!

busttheblock

03-04-2014, 11:38 AM

Jamie Strickland (DopplerMkt) is quickly becoming one of the biggest scam pimping fools on the internet!

Whip

03-04-2014, 12:21 PM

duuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu uuuuuuuuuuuuuuuude

scratchycat

03-04-2014, 12:35 PM

duuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu uuuuuuuuuuuuuuuude

What!! You already received your supply for the day!! :RpS_cool:

scratchycat

03-04-2014, 01:10 PM

One of the links originating from the comment above
hemp is not weed gives this statement on his FB page:
For many years I've had a great relationship with weed. I'm one of the lucky ones who lacks the programming from years of prohibition. My use has been mostly spiritual/recreational. But there are tens of millions of people with acute medical conditions suffering and hating life. These same people have no idea that this plant can help them. And even if they did hear about it, the propaganda and miss information would keep them from experiencing its benefits. We want to change this, and with the help of Lindsey James Radina and James Schmachtenberger we are making a film that will present the world with the medical facts from the top doctors and leading edge research on medicinal cannabis. This film must happen and we cannot do it alone, we need your help! Please support our fundraising campaign with a donation or a share! Love you all!! Science of Weed Documentary (http://scienceofweed.com/) — feeling fantastic.

https://www.facebook.com/jasontbrett

My personal opinion on the use of marijuana/cannabis is not in support of or totally against as I know it is used for medicinal purposes in some cases. The problems it causes for street users, party goers, high and low rollers IMO only leads to the really hard drugs and we all know what happens when people get addicted to drugs, it is not a good thing no matter how you look at it.

Selling marijuana as an MLM scheme does not sound like a healthy thing for our world. IMO

By doing a Google search on Jamie Strickland, I found this news story. Don't suppose they were related?? Jamie Strickland's attempted suicide by cop: "If they don't f*cking shoot me, I'll stab them" (http://blogs.westword.com/latestword/2013/12/jamie_lynn_strickland_suicide_by_cop_shooting_deci sion.php)

Jamie Lynn Strickland Decision Letter (http://www.scribd.com/doc/189604823/Jamie-Lynn-Strickland-Decision-Letter)

Need a number local to your country?
Follow the link below and look for one local to you:
https://join.me/welcome/webhelp/joinme/join...rence_intl.html

2. Join by internet:
You can join the audio conference by internet (VoIP) when you have entered the meeting.
Click on the phone icon in the join.me toolbar to connect. A small download might be required.

Regards,

Jamie Strickland
GoFunPlaces Executive Founder

This post has been edited by DopplerMkt: Sep 20 2012, 08:40 AM

--------------------
***SpinDing*** - Lock in a FREE spot now and everyone else falls in your downline automatically around the world ***

*** Kannaway *** - Worlds FIRST HEMP MLM - Publicly Traded Company with more than $70 Million Invested - Use Invite Code 6367134 ***

*** PennyMatrix - You can buy paid signups if you don't want to recruit. Over 3,000 orders filled in the last few months! ***

Gofunplaces/getprelaunch Teambuild - Founders Launch! (http://www.moneymakergroup.com/Gofunplaces-getprelaunch-t418390.html&st=285&start=285)

scratchycat

03-04-2014, 01:21 PM

A response to Wikipedia definition of Hemp:

Unity Nation-CBD Authority (http://www.cbdauthority.com/)

If you thoroughly explore ONE WEBSITE over the next 24 HOURS, let this be it!
Welcome to CBD Authority! This site has been shared with you by a member of Unity Nation, a team that exists to give you the FACTS on what CBD is, and to dispel the myths that may be associated with it. I encourage you to do your own independent research which is readily available. After you have discovered the tremendous benefits of CBD, you will have the once in a lifetime opportunity to earn an incredible income by partnering with me and sharing 100% organic CBD products with the world!

What is CBD?

Thousands have already joined the movement! It's your turn! Ask the person that invited you to this site how YOU can become a HEMP
AMBASSADOR!
NO MYTHS
JUST FACTS
Scientists have discovered over the last 20 years that the human body has what is called the endo-cannabinoid system. Yes, each one of us has a system in our body that requires cannibinoids to function at optimal levels.

You can be deficient in CBD, just like you can in Vitamin D (there is a multitude of research on vitamin D deficiency and the development of disease). So think about this for a moment...if low levels of vitamin D unarguably leads to poor health, what would happen to our health if an ENTIRE SYSTEM in the human body is ignored and does not receive the nutrition it requires?

When we first began doing our own research on this, we were blown away by the scientific facts that proved beyond doubt the benefits of CBD with no known negative side effects.

Our company has developed a patented way to extract this vital nutrient in any potency. What does this mean for you? The ability to offer and consume tremendous products with the opportunity to prosper abundantly with NO COMPETITION! We own 97% of this market space AND we have the highest concentrate of CBD in the world!

Our CBD is 100% organic, non-GMO, and non-psychotropic. We have developed a variey of ways for you to consume the CBD while still receiving the amazing benefits. It is time that we stop neglecting our endo-cannabinoid system and start feeding it! We have real science, and we are offering real hope, now. Again, we highly recommend that you do your own independent CBD research. We are confident, that once you do, you will join us in our mission to share this with the world.

Be Among the FIRST to
GET INVOLVED
It isn't very often that you find out about an opportunity that supports where the next trillion dollar industry is headed and have the opportunity to position yourself and get there first. It also isn't very often that you get to partner with a company that owns 90% of the market space, with products that sold multiple millions of dollars in one small test market (because they work), where you can be among the first to introduce it to market and profit from everyone that comes thereafter because of your efforts. If you're ready to learn more, place your information in the form at the top of the page to get the inside scoop on how you can get involved and help tons of people in the process.
Transform
In short, it is one POWERFUL anti-inflammatory, antioxident,super stud of a superfood! CBD is the acronym for cannabidiol. Cannabidiol is a highly beneficial cannabinoid found in the cannabis plant, most abundantly in hemp. CBD is non-psychotropic (in other words you don't get high on CBD.

You decide...

Whip

03-04-2014, 01:43 PM

What!! You already received your supply for the day!! :RpS_cool:

don't harsh my buzz maaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaan

busttheblock

03-04-2014, 03:26 PM

mlmmostwanted

03-06-2014, 01:12 PM

press release

March 6, 2014, 9:24 a.m. EST
CannaVest Corp. Clarifies Relationships With General Hemp and Kannaway
CannaVest Provides Cannabidiol (CBD)-Rich Hemp Oil to HempMedsPX, HempMedsPX Supplies Kannaway With CBD-Rich Hemp Oil

CannaVest Corp. Clarifies Relationships With General Hemp and Kannaway - MarketWatch (http://www.marketwatch.com/story/cannavest-corp-clarifies-relationships-with-general-hemp-and-kannaway-2014-03-06-91842425)

mlmmostwanted

03-06-2014, 01:32 PM

I might be wrong but from what I can see Kannaway decided to join the wholesale program offered by HempMedsPX™
You can visit the site and view the application process. Become A Wholesaler | HempMedsPXHempMedsPX (http://hempmedspx.com/become-a-wholesaler/)

Beacon

03-06-2014, 05:40 PM

There are a lot of sites on the internet about growing cannabis.For many people growing cannabis is a more reliable, safer and convenient alternative than buying from dealers. Many seed suppliers exist for example in Holland where it is legal to grow. They post seeds and growing equipment worldwide or people can by them for cash if they visit them. seeds cost about $30 and shipping by post starts at about $3.
There is no need to provide any personal information or to provide any large amount of finance. Anyone asking for such is probably a scammer.
Of course in some cannabis is illegal. In others growing it is legal but harvesting it is illegal. In some ( actually in all) it is legal for some people. e.g. it may be legal for a research institute.

littleroundman

03-06-2014, 05:49 PM

KANNAWAY has threads on both the MMG (http://www.moneymakergroup.com/Kannaway-Kannawaycom-t466581.html) and Talkgold (http://www.talkgold.com/forum/r411373-.html) HYIP ponzi forums so it has already classified itself as a scam.

No legitimate business would allow itself to be associated with the HYIP ponzi "industry" much less advertize on one of the usual suspect HYIP ponzi forums

Whip

03-06-2014, 07:20 PM

Guess we just have to weed out the truth eh?

busttheblock

03-06-2014, 07:54 PM

ribshaw

03-06-2014, 08:34 PM

I was actually looking for something funny like this to go with the new Brownie MLM I want to launch alongside the weed MLM.

7177

Ironically I stumbled on a site that had a very interesting take on what is going on here. They seem to be not so impressed with the quality of the product, or the way it is being marketed.

7178

Ethics and Morality | Weed Activist (http://weedactivist.com/category/ethics-and-morality/)

Snake Oil: History repeats itself

February 23, 2014 in Ethics and Morality, Medical Cannabis, Weed Business, Weed Politics

Humans can be relatively stupid and gullible creatures. We will believe anything if you put the right sales spin and fancy marketing on it.

So here we are over 100 years after the snake oil peddlers were done away with by the 1906 Food and Drug Act, which attempted to regulate medicines and curb the abuses of “travelling “doctors” with dubious credentials, selling fake medicines with boisterous marketing hype, often supported by pseudo-scientific evidence.” Sound familiar? Yes….Look around you. History is indeed repeating itself and the cannabis snake oil salespeople are out in full force to sucker you out of your hard earned cash before prohibition ends.

The ruse was simple. Wander into a town of unsuspecting people proclaiming to have the cure all for their illness and disease and sucker the townspeople into buying up all of your bullshit snake oil preparations. The way they would pull off the trick is to have accomplices in the audience that would claim that the preparation had really helped them. They would sucker people into believing their bullshit based on the testimonies of those who had supposedly used this new cure all and had been healed. Yeah…Let that soak in for a minute. Check the landscape and you can see that this ruse is more alive than ever, and the internet and social media have made it easier than ever to pull off. The quasi-legal state of cannabis and the lack of oversight or regulation make it extra easy picking for these modern day medical hucksters.

What we have is a perfect storm for fraud, corruption, and deception.

So how is this happening in the modern age of strict medical oversight and regulation? Simple….Because cannabis s first and foremost an illegal Schedule 1 narcotic it is in no way regulated. But because of the growing acceptance for medical cannabis in many states and a level of tolerance for these programs by the USDOJ, what is happening is people are pushing the boundaries of medical truth and ethics to sell hemp/weed oil products. Since the regulators cannot regulate the market without ending the complete prohibition of cannabis and acknowledging it does need oversight, people are left to make their wild claims and sell their bogus oils on the open market with very little fear of prosecution. It is disgusting.

The saddest part is that a lot of the new hype we see is aimed directly at children. Take the group “Realm of Caring” from Colorado lead by Josh Stanley and his brothers. They did a really shitty TV reality show called American Weed where they acted like some experts in weed and overacted their “reality” scenes to a point of nausea. They then were gifted a strain of cannabis which was high in CBD and found it to work well for cases of children with severe epilepsy and other conditions. Enter Dr. Sanjay Gupta and his highly watched program called “Weed” where he shifts his professional opinion on medical cannabis and does a great close-up spot on the efficacy of this medicine for a young girl named Charlotte. It is a well-done and touching piece that was informative and helped people to understand that cannabis did indeed have special healing properties. All good so far, right?

Leave it to the American value of money over morals to step in and take over though. Instead of being grateful they had discovered a remedy that could help others and working to make sure parents of these kids had access to these types of medicines, the brothers Stanley decided that they had found the magic beans and were going to keep them for their own gain. Because of the media they received they became a go to resource for parents who were desperate for relief for their children. The RoC group has truly let their minimal success based on limited sampling and over-hyped media go to their head. Parents have reported being forced onto a waiting list for care for many months and being forced to sign non-disclosure/non-compete agreements that only allow them to discuss their care and receive medicine from Realm of Caring. They are selling what amounts to a good high CBD strain dissolved in olive oil for big money to parents desperate to make their child’s suffering stop. It is pretty fucked up from an ethical standpoint on many levels. If there really was any “realm of caring” in there they would share the strain with parents in need and allow them to cultivate low cost medicine for their child; or at the very least allow other people with more production capability produce it in a higher volume to meet demands and not have to wait months because they believe everything Dr. Sanjay Gupta says on CNN.

NOTE TO PEOPLE SEEKING OIL: There are far higher quality and less expensive products available than are being offered to most caught up in the hype game.

As I dig deeper into the Stanley’s background and operations, more and more questions are raised. Now the RoC group is working to push CBD only legislation in states to ensure their place in the market by playing on drug war and prohibition fears. The Stanley’s go out of their way to play into the hype and propaganda, as they try to differentiate themselves from the average “stoner” or “pothead.” Check out these classic quotes from the Stanley’s and their mission from God:

“We are not a bunch of stoners, and we do not associate with the stereotypes of what people would like to associate with us,” Joel Stanley said. “We care about what we do.”

So you are suggesting that because one is a “stoner” that they do not care about what they do? And then there is this classic:

“If we were growing psychoactive plants for a bunch of potheads, then that would be the question,” he said. “But what people should ask is ‘How did a group of Christians come to grow a plant for sick people?’”

So now you are using your religion as a moral higher ground for your cannabis production? You are throwing the entire cannabis culture (which your friends say you were indeed a pretty deep part of…former deadheads) under the bus to play yourself as literally “God’s gift to weed?” This is the making of the modern day Snake Oil Salesman. Some fancy marketing, a little media push, and some good old fashion Jesus hyperbole for the folks in the cheap seats. It is insane that such a transparent group of charlatans have successfully bullshitted public officials and unsuspecting parents into buying their shitty story.

But they are far from the only ones. There are almost too many to mention. Swing a dead cat around and you will probably hit a person trying to push their latest miracle cure; but let’s stick to the big dogs.

The other big scam popping off is the questionable hemp derived products being pushed most notably by Hempmeds PX RHSO (Real Scientific Hemp Oil). The company claims that their product is legal to distribute in all 50 states because it is derived from hemp paste that is legal to import. Their claims are dubious and are moving targets. The parent company, Medical Marijuana Inc. (MJNA) has a lot of affiliated companies that have made a lot of strange moves on the stock market, which is a totally different but related story. There is a good article entitled “Medical Marijuana, Inc. Definitely A Dope Opera” on Seeking Alpha that is worth checking out to get a better breakdown of the complex bullshit workings of this company, and their former partnership with Dixie, a Colorado based company also offering similar hemp derived preparations. It is extremely bizarre and frustrating. These con-artists have exploited the popularity of cannabis and zero regulation to make crazy marketing claims about their products.

The product itself is a low quality product that is produced under conditions that reportedly leave a lot to be desired. Here is a quote from one of the scientists hire by Dixie, then a part of MJNA, to help create these product lines:

I am tired of so called CBD companies claiming that what they provide is medicine. Anyone using a CBD from hemp product please be aware of what you’re actually getting because it is not what you think. These formulations start with a crude and dirty hemp paste (contaminated with microbial life! I have seen this and these organisms decompose the paste. The paste perhaps even contains residual solvent and other toxins as the extraction is done in China ) made in a process that actually renders it unfit for human consumption.

What these companies are doing is criminal and dangerous. In fact MJNA’s RSHO is literally just this hemp paste diluted in hemp seed oil. No refinement at all!!! And what Dixie Botanicals is offering is beyond disturbing. I cannot keep quiet any more. And since I formulated most of these products as head of Dixie science, I feel responsible for spreading the truth. I left Dixie for ethical reasons but it is not enough to just walk away. These frauds need to be exposed for what they are. Look out for my tell all article coming soon and feel free to contact me directly with questions as it is time to blow the whistle. Let’s keep this industry pure and safe.”

— Tamar Wise, formerly head of Dixie Science.

Sound good? Yeah…now check out the price tag:

That is right. For only $550 a tube or six tubes for $3,000 you too can have some shitty hemp paste black oil that comes from who knows where and is overseen by absolutely no one. You say, “Well Mickey….they haven’t exactly sent in people pretending to have been healed to sell their products have they?” Great question. I am glad you asked.

Check out this new MULTI_LEVEL MARKETING scam being put out by the MJNA group called Kannaway. Does it sound like some Amway pyramid scheme? Well it is. Unbelievable right? Check out this conference call the company has where this unsuspecting guy finds this great opportunity to sell these awesome products and make some extra money! How convenient. LOL:

THIS VIDEO WAS MADE PRIVATE BY THESE COWARDS AFTER THIS STORY BROKE. THEY MUST BE ASHAMED OF SOMETHING? IT HAS BEEN REPLACED WITH ANOTHER VERSION.

Still not sold that is a scam yet? Listen to this bullshit fake news interview with known MJNA spokesperson Charles Vest (friend of #bitchface) where he explains the great opportunity. It is ripe with Snake Oil Salesman double-speak and bullshit:

They have posted messages like this all over social media and especially in forums where parents with sick children go to discuss their situation, often using very similar stories of success with people to lure them in:

I am not sure how clear I need to make this, but these folks are making a big press to separate you from your money by providing false hope at inflated prices before the veil of prohibition is lifted and they are found out to be frauds.

Snake Oil selling is alive and well, complete with fake people who have been miraculously cured, fancy marketing, misleading labeling, and arm twisting. These bold faces liars and fraudsters are here to do one thing…make money and lots of it. They are using these schemes to boost their stock profiles as well. It is all a very twisted and ugly game to sucker investors and people who want to believe, but who do not live in a medical cannabis state, out of their hard-earned cash.

It is fucked up and we as a community should not allow for this to go on in our name. There are people’s loyalties being bought and sold on the open market to give some credence to these bullshitters; and it never ceases to amaze me what losers will fall into the traps of these frauds. But it is happening and many choose to stand back without saying a word in hopes that the whole deal does not collapse before our eyes and dismantle the work we have done so some bastards can have their get rich quick scheme based on lax supplement laws and misleading marketing.

This story is so big it is hard to write in one piece and it is only growing by the day. More to come on CBD only legislation, stock scammers, and inferior oil products in their own rights later. But it is up to us, as a community, to begin asking the tough questions and exposing these scams before good people get hurt any more.

GlimDropper

03-06-2014, 09:28 PM

Just going by the "smell test," no detailed analysis yet but this looks like a disposable company. Lot's of pre-pre-launch hype, website from Panama, "temporary" comp plan (powerline no less) and cheesy cast of charters. Add to it a product that almost certainly will attacked the wrong kind of distributors and a lot of scrutiny. Kannaway might go straight from per-launch directly to involuntary dissolution. And a hand full of people behind it could still pocket some green.

Their website is a work of crap. No info what so ever unless you do a Site: search and even then, no comp plan, no product catalog. A few early affiliates already have their landing pages (Chris Hussey and Mark Moreland), always nice to get in before the rabble. But they didn't even pay a web developer before they got affiliate money. Notice they're using Vimeo for everything other than Google Hangouts, I think they're worried YouTube might delist them.

And take a look at this compliance video (http://kannaway.com/the-buzz-launch-compliance/). If they catch you using their name or logo and make any sort of health claim they're going to shut you down. Now that sounds perfectly Greg Caldwell but feel where the stress is put. They know there's no way the affiliates will follow these rules, hell I'm listening to one of their Hangouts right now, a company controlled event and they've broken the rules at least three times in the last ten minutes. Blame the affiliates drum roll in five, four, three.,...

MLMmostwanted linked to this in post #10:

press release
March 6, 2014, 9:24 a.m. EST
CannaVest Corp. Clarifies Relationships With General Hemp and Kannaway

CannaVest Provides Cannabidiol (CBD)-Rich Hemp Oil to HempMedsPX, HempMedsPX Supplies Kannaway With CBD-Rich Hemp Oil

http://mw3.wsj.net/MW5/content/story/images/PR-Logo-GlobeNewswire.gif

SAN DIEGO, March 6, Mar 06, 2014 (GLOBE NEWSWIRE via COMTEX) -- CannaVest Corp. CANV (http://www.marketwatch.com/investing/stock/CANV) -0.86% , the world's leading hemp-based investment company spearheading the development of cannabidiol (CBD)-rich hemp oils and other hemp industry-related products and services, would like to clarify its relationship with both General Hemp, LLC and Kannaway, LLC.

Kannaway, LLC is marketed as a hemp lifestyle company with a focus on nutritional wellness whose products contain CBD rich hemp oil. Kannaway was founded in 2014 and is a wholly-owned subsidiary of General Hemp, LLC.

The sole owner of General Hemp is Stuart Titus. Mr. Titus formerly was a consultant and advisor to CannaVest, and currently owns less than 2% of the outstanding shares of CannaVest. Mr. Titus no longer has any affiliation with CannaVest, and no person affiliated with General Hemp is employed by CannaVest in any capacity. The sole relationship between CannaVest and General Hemp is Mr. Titus' ownership of CannaVest stock.
Products for Kannaway's business will exclusively be supplied by HempMedsPX, LLC, which is a distributor of federally legal, hemp-based CBD products and a wholly-owned subsidiary of Medical Marijuana, Inc. (MJNA). HempMeds is the master distributor and marketing company for CannaVest. As a result, CannaVest's product offerings will be available to Kannaway for its business. CannaVest has no ownership or other interest in Kannaway, and CannaVest solely will act as a supplier of products to Kannaway.

"We have received numerous telephone calls from the public leading us to believe there is general confusion relating to our relationship to Kannaway," says Michael Mona III, Vice President of Operations for CannaVest Corp. "Our business focus continues to be on being the world's leading bulk CBD-rich hemp oil supplier, and we intend to continue selling our product offerings to HempMeds, which ultimately will allow Kannaway to launch and sustain its business. We are excited that our products will be available to consumers through the Kannaway model."

Their product supplier as already distancing themselves from Stuart Titus and his MLM company.

And one thing nags at me, Hemp based food products seem to be legal in all 50 states but I keep seeing things like this:

http://assets.hightimes.com/styles/large/s3/CBD-Oil.jpg CBD Oil Still Not Legal in Many MedCan States

By Russ Belville · Thu Oct 31, 2013

Since the premiere of the Dr. Sanjay Gupta documentary “Weed,” the nation has been waking up to the incredible medical utility of cannabinoid extracts, particularly the high-CBD, low-THC oil produced from “Charlotte’s Web” plants. Little Charlotte Figi suffered 300 seizures a week before trying the oil, and "Weed" viewers were astonished to see her miraculous recovery. She now suffers just one or two manageable seizures a day.

Yet even though there are now 20 state that have legalized medical marijuana, the use of this incredibly helpful, non-psychoactive cannabis product by patients is not protected in all of them.

The New York Times reported on the story of Jacob and Jennifer Welton, who are suing the state of Arizona over its medical marijuana law, which passed in 2010. The law allows patients the use of “any mixture or preparation” made with dried marijuana flowers and allows minors into the program. Any sort of concentrated hash oil, however, is an illegal narcotic even for patients, prompting the Weltons to sue for the use of CBD oil for their five-year-old epileptic son.

Medical marijuana states usually define "medical marijuana" as all preparations derived from the cannabis plant, but some states have separate definitions for hash and hash oil. In Michigan for instance, the word “resin” was left out of the definition of “usable marijuana,” leading the Court of Appeals in July to decide that a brownie made with pot was OK, but a brownie made with cannabis-butter is illegal. In response, on Monday a Michigan state representative filed a bill to make concentrates of cannabis legal for patients.

Link to the rest of the article (http://www.hightimes.com/read/cbd-oil-still-not-legal-many-medcan-states)

From the HempMedsPX website (http://hempmedspx.com/about-our-hemp/):

If you can’t grow hemp in the USA, how are hemp and hemp-based products legal?
Because the FDA considers hemp oil and hemp oil-derived cannabinoids (like CBD) to be food-based products, no legal restrictions on their importation, production and consumption exist in the United States and in most of the industrialized world.

(My underlining)

I don't claim to know what the laws are in all 50 states but it looks very much like there are gray areas here. Chris Hussey's compliance video stressed "No Medical Claims" which makes me wonder if they think they can away with this if they pretend they are selling "food."

This company is a smoldering crater waiting to happen.

Fat City, LA

03-07-2014, 07:14 PM

BoBosworth56

03-07-2014, 07:49 PM

Jon Scherling and his scamming partner Geoff Cash are pimping this crap. Enough said.

mlmmostwanted

03-07-2014, 08:04 PM

You can puch in any number on the splash page it doesn't matter it will then lead you to your email capture which will allow you to add anything such as hottttmail.
Once inside, there is really no content except a few short videos which tell you nothing.
There is an information form though which does ask for your SSN number.
Who ever put this site together must be having a field day capturing mlm'ers contact information.
Poor dopes who actually provide the SSN number.

Kannaway Domain is registered in Panama...Hmmmmmm what does that tell anyone?
These guys are doing nothing more than buying wholesale at highly discounted costs for volume they order and re-sell and ship to
everyone at a crazy inflated price. People joining are thinking this is an mlm sent from heaven, but yet again, they are being taken for a joy ride.

Fat City, LA

03-08-2014, 04:27 PM

must be paying the pimps right now:

He is paying $1.50 per sign up.
1. Go to bit.Iy/0v4j9O
2. Sign up - Your SSN is not needed - DO NOT ADD
3. Add sponsor ID# 8O86I4S to Sign up

This product contains CBD's for a healthy lifestyle.

Proof submitted by you

Bring back the name you signed up under & your ID#

So after buying 1000s of sign ups.

They claim-"Tell me, how can 10,000 people in 96 hours, be wrong..."
They are not lying....just not mentioning all those sign ups are microjob ( 99.99% will never put dime in program)
Same suckers who fall for PS, JBP, Zeek, etc line up...

Keeps the scammers out of jail when you can show "real" signups.

see link.
The Buzz Launch is Rollin. Are You In? (http://thebuzzlaunch.com/landing2/7805195)

GlimDropper

03-09-2014, 01:11 PM

This company is very strange.

There's sort of an intersection between glitzy and manipulative internet marketing and less than fully adhering with industry best practices MLM startups, I'm not saying Kannaway is located at that intersection but they're close enough to use the same bus stop. They've got a real bipolar issue with communication, nightly Google hangouts but as little of anything put into writing as possible. You can't view the products and prices page or the comp plan details without signing up with the company. Most company communication to the field is on a "secret" facebook group you need to be an affiliate to be added to. It's peppered with posts like:

https://fbcdn-profile-a.akamaihd.net/hprofile-ak-prn2/t1/c0.1.127.127/s50x50/960079_10151480650542825_1111518235_s.jpg (https://www.facebook.com/cghussey)Christopher Hussey (https://www.facebook.com/cghussey)

Anybody want a t-shirt?
(PLEASE DO NOT SHARE THIS PHOTO - IT IS ONLY FOR YOU)

7188

"Hey, we got T-Shirts but don't show anyone. It'z a secretz!!"

But at least they did make a few documents available on their secret group. The "Buzz launch Comp Plan" (https://www.dropbox.com/s/jtyujb3g6xotp4e/Kannaway%20-%20The%20Buzz%20Launch%20Comp%20Plan.pdf):

Page 1 | P a g e
The Buzz Launch Compensation Plan

The Buzz Launch is a marketing campaign designed to do just that, ‘Create a Buzz’ around Kannaway!
‘The Buzz Campaign’ will run from March 1st – March 31st at which time everyone who enrolls will be
placed into one company‐wide Powerline structure based on the time and date of enrollment.
Starting March 1st all participants (Pre‐enrollees) will have the opportunity to purchase 1 of 3 product
packages at retail price.

Cannabis Beauty Defined Salve $50
HempVap $90
Combo Salve & HempVap $125

Here’s how it works: As a Pre‐enrollee, you may enroll for free and temporarily hold your position in
‘The Buzz Powerline’ structure for up to three days. Everyone who enrolls after you (no matter who
sponsors them) will be placed below you down one straight line. Pre‐enrollees must purchase one of the
three retail product packs within their first three days of enrolling to secure their position in the
Powerline. Pre‐enrollees who do not purchase one of the three retail product packs within three days will
forfeit their position and be placed in the next open position at the bottom of the Powerline structure
and given a new time and date for their enrollment. Again, a position is not secured until the Pre‐enrollee
purchases one of the three retail product packs. This process will continue until March 31st when The
Buzz Campaign ends.

On April 1st all Pre‐enrollees will be given 24 hours to officially register to become a Kannaway
Independent Business Owner (IBO) by logging into the back office, agreeing to the Kannaway Policies
and Procedures and paying the current IBO fee. IBO’s can then opt to purchase one of the Kannaway
enrollment Product Packages. Pre‐enrollees who do not officially register to be a Kannaway IBO will be
converted to a Customer of their referring IBO. Once the Powerline is compressed all commission
volume (CV) from sales made during The Buzz Campaign will be divided equally and placed into 12
Bonus Pools.

Page 2 | P a g e
The Buzz Launch Comp Plan (cont’d)

Qualification for the Bonus Pools: The pool an IBO qualifies for is based on the number of product
package purchases made by personally referred Pre‐enrollees during ‘The Buzz Campaign’.
POOL PERSONAL SALES

12 34+
11 31‐33
10 28‐30
9 25‐27
8 22‐24
7 19‐21
6 16‐18
5 13‐15
4 10‐12
3 7‐9
2 4‐6
1 1‐3

Calculating the commission value of a pool: A Mathematical formula will be used to determine the value
of each qualifying IBO’s portion of the pool. To calculate each IBO’s commission share for a particular
pool, the total Powerline CV under all participating IBO’s in that pool will be added together to
determine the total accumulated CV for that pool. Next we take each IBO and divide the total
accumulated pool CV into the total CV they have under them in the Powerline. This determines the
share percentage the IBO earns from their participating pool. For example, if the total pool CV is
$100,000.00 and the IBO’s share percentage is 2% of the pool, then the commission earned would be
$2,000.

Up next: April 1st marks the official Pre‐launch date for Kannaway and the end of ‘The Buzz Campaign’.
All Pre‐enrollees who officially register to become IBO’s will be placed into the Kannaway compensation
structure based on their line of sponsorship. The Powerline will be discontinued and all CV will flow
through a line of sponsorship as described in the Kannaway Compensation Plan.

They make no differentiation between affiliates and customers they're one and the same. Buy some of our stuff and we'll give you part of the money back. Get other people to buy our stuff and we'll give some of their money too. One aspect described more in depth on some of the calls than in that document is how joining early affects your potential payout from the CV. A post from the fb group explains:

PINNED POST

https://fbcdn-profile-a.akamaihd.net/hprofile-ak-prn2/t1/c0.1.127.127/s50x50/960079_10151480650542825_1111518235_s.jpg (https://www.facebook.com/cghussey)Christopher Hussey (https://www.facebook.com/cghussey)

EVERYONE WHO HAS NOT YET MADE A PURCHASE TO LOCK YOUR POWERLINE - This in in your email now with your particular numbers. Tell your teams to find their email. We are going to break some hearts tomorrow night when people begin losing their powerlines.

-----
Hey There

You have {PowerCount} members in your Powerline.

If YOU are receiving this email, it means just one thing.

You have NOT locked your Kannaway POWERLINE!

WOW - Personally, I can't believe it.

It is your decision, if you want to lose those {PowerCount} members from your powerline.

Let me explain.

At Midnight, Thursday March 6th, our Kannaway Nation Powerline began.

That means that 72 hours later, all our original Kannaway enrollees - WHO DO NOT LOCK THEIR POWERLINE - will drop to the bottom of the powerline and start their powerline over with ZERO members.

Do you REALLY want to lose your {PowerCount} members?

Join the OVER 10,000 members who have locked their spot.

Here's how :

1 - login - http://kannaway.com/member/
- username : {ID}
- password : {Password}

2 - find the PLACE YOUR ORDER button in the top left corner

3 - follow the steps and choose the Salve, the HempVap, or the Combo Pack

Once you make your purchase, we will ship your product as quickly as possible and you will have LOCKED YOUR POWERLINE.

Don't miss out!

Take action right now.

Lock your {PowerCount} member powerline! ( and growing )

We're looking forward to having you in Kannaway Nation.

The Kannaway Team

Your {PowerCount} is your weight in whatever bonus pool you land in. A person who made a total of three sales on the first day of the month gets paid more than one doing the same on the last day of the month.

Oh, and they're going to release details of their "real" comp plan,...later.

Here is Kannaway's Compliance for facebook document, any underlining is mine:

FACEBOOK COMPLIANCE

LINK TO VIDEO:

https://www.facebook.com/photo.php?v=10152013119107825&set=o.1424481814457309&type
=2

TRANSCRIPT:

What’s up Kannaway Nation, it’s Christopher! Short simple compliance video talking about
specifically how we promote Kannaway and our Kannaway opportunity on Facebook. Two things
I’m gonna cover really quickly: Facebook Pages and Facebook Groups.

So let’s talk first about Facebook Pages. The words that you want to keep in your head are
Personal Profile Page. Personal Profile Page. You can promote Kannaway on your personal
profile page… on you personal profile page. At present, you cannot create a specific page for
kannaway, no matter what the name. You can’t call it hemp, you can’t call it canabis, you can’t
call it CBD.. you can not promote Kannaway on a specific page for the business. You may
promote K on your personal profile page called Your Personal Name. I know some of you guys
will tell us, “Oh it’s a personal profile page called ‘CBD Dude.’” No. My personal profile page is
called Christopher Hussey, and on my personal profile page Christopher Hussey, I can promote
Kannaway with all the images provided by the company. I can use the company logo, I can write
my ID, I can write the kannaway.com/thebuzzlaunch,
I can use whatever I want promoting on
my own personal profile page of my own name. I can display my Kannaway colors, my
Kannaway pride, my ownership of Kannaway Nation. Okay? Very very simple. Anything other
than this, dealing with Facebook pages, we simply cannot have at the moment. One of the
reasons… and I’m not going to get into a ton of reasons… you guys are just going to have to
trust me… I’m going to impart on you one of the reasons why we are doing this and how we are
protecting your opportunity. A lot of people will put up pages, and we have 24,000 people in
Kannaway Nation right now, and a lot of those people are going to be attracted to those pages.
They’re going to like those pages. They’re going to become part of those pages. And what if that
person decides to be mad at Kannaway Nation and starts promoting something else? Now, what
has happened is you’ve worked really hard to build a group, and those people have attracted your
people to their group page, and now they’re promoting something else and depleting your
opportunity in Kannaway Nation. So for the time being, until you get the official word from the
corporate team, you can promote Kannaway under your Personal Profile Name under your
personal name. No CBD, no hemp, no cannabis, no “I love weed”… none of that. Your personal
profile page under your personal name. You can use the logo, you can use the name, you can
use the colors, you can use all the images we post under your personal profile name.

That’s one. Let’s do the second part.

Let’s talk about groups, okay. No visible groups. Here’s the thing. If I can find it, then you can’t
have it. There are secret groups out there that you can’t find. Right? And I understand... I believe
in… we fully support your ability to create a group and message and work with your team,
promote and do internal team activities. Love that. Love it. It’s not a public group. It’s not a closed
group. It is a SECRET group. Okay? Secret group… I can’t find it… we’re good to go, okay?
What happens though, there are several people out there, and I apologize for it affecting your
business… we’re gonna take care of it… we’re trying to be as nice about it as we can, but we
ARE gonna take care of it. There are several people out there, people that are joining groups,
they’re getting wrong messaging, and they’re getting taken into OTHER opportunities through
those groups. So we’re simply not gonna have that right now, guys. SO no… no groups. No
hemp groups. People are like, “Well my group isn’t called Kannaway.” But on the page, your
posting our opportunity video, posting Kannaway things, so it’s a Kannaway group. If I go to your
group and there’s Kannaway advertising on the group, can’t have that group. Groups are for
education and teamwork. They’re not for advertising. Kannaway education takes place in the
official Kannaway group. That's what it’s called: Kannaway Official Group. That’s where
everybody should be. You can have your own team groups. They are secret groups and let’s be
very clear… no use of Kannaway, no use of KWay, no use of HempMeds... any of our
companies. You can’t use those in the names of your groups, okay? So, I’m hoping that makes
sense. We are beginning to police this today, so again, we said this… we’re not going to
message you and ask you to take this down. We’re just going to disable your account and you
can get back to us whenever you’re ready to set it back up and you’re in compliance. So, you
can promote Kannaway, you can use the images, you can use the word… all of that on your
Personal Profile Page under your personal name. Nothing else. You cannot have any groups that
are pulling people from Kannaway into your group at all under any name. If I can find them, you
simply cannot have them. You cannot use the Kannaway name, KWay, HempMeds, or anything
like that.

Love you guys. This is for your protection. Let’s do this together. Don’t stand beside me. Stand
WITH me. Stand with us and build Kannaway Nation.
///////

The MLM that dare not speak it's name.

Amazing.

Whip

03-09-2014, 02:52 PM

'buzz launch'. Ha....I get it.

scratchycat

03-10-2014, 11:36 AM

Thanks for all the digging and information on this guys!! They must be testing the waters carefully on this one as they want to make some fast upfront money in case it explodes in their faces. Oh how can they use God's name in vain with this stuff??!!!!

7190

https://www.facebook.com/carlajocarey?fref=ts

scratchycat

03-10-2014, 12:01 PM

Something that is happening on the TV ads at present really gets to me. All the medical warnings from Surgeon General about cigarette smoking and how it has been banned in some places (a good thing) but now it is totally okay to smoke weed. Someone want to prove that the smoke inhaled from cannabis is not just as bad for your lungs and health as tobacco products? We have the MLM program trying to get started by selling the stuff as stated in above comments - cure all snake oil, are we going to see more hemp health food stores opened? Even in the US, has our Congress been taking too many "joint" breaks to put them on a really high buzz (as Whip keeps telling us) so they can slooooowwww down the process of actually passing legislation they were sent there to do??!!! I am confused, I really hope this stuff does not find its way through the computer to mess up my thinking process. We have to take this serious but it hard to keep from adding a few jibes in here.

Truthfully, as I always try to do it, I know little about the use of marijuana except what I read and was told. It was happening around me but I never got involved personally with its use so I cannot be accurate about the effects only what others have told me. My boys were exposed in college as were most at the time. It is not that I condemn anyone for what they did or do, it is just something I did not and don't do. I do think it is hypocritical of our government to blame all medical problems on smoking tobacco and then approve the use of smoking marijuana. IMHO

Some people thought it was a plot to get rid of the productive crops of tobacco and perhaps a conspiracy by our government. Those were the days back when everything was suspect "conspiracy" with the killing of the Kennedy's, Marilyn Monroe and how much Lyndon Johnson wanted to be president...

Now it has turned us back to the days of peddling snake oil in the form of hemp oil, which just might or might not be of the purity it is claimed to be. Made in China - you have heard about the farm fresh Tilapia fish grown in drainage ditches... I buy products from China, do you?

Whip

03-10-2014, 05:43 PM

Something that is happening on the TV ads at present really gets to me.
You get the munchies?

All the medical warnings from Surgeon General about cigarette smoking and how it has been banned in some places (a good thing) but now it is totally okay to smoke weed. Someone want to prove that the smoke inhaled from cannabis is not just as bad for your lungs and health as tobacco products?
I had some friends that rode my ass about smoking cigarettes and they pretty much smoked just as much pot. I did counter their argument with that and they just tried to justify their actions by saying it's not the same. I said 'smoke is smoke no matter how you cut it' but they would just get madder and try to deflect.

NikSam

03-10-2014, 08:06 PM

Yep, most active tobacco haters are potheads.
One argument I heard in their defense: "Tobacco are evil corporations , man. Weed is nature" :)

When you try to explain them that Tobacco is as much as nature as weed and the difference is in developed distributions or try to point out to them who the hell distributes their weed and if they less evil than corporations. They start mumbling about something tobacco is main cause of the cancer (no medical trials to back it up)
and weed cures (or does not cause) cancer (also no medical claims). Then you point to them that anti-tobacco campaigns are sponsored by other set of evil corporations
who sell overpriced nicotine gums and patches which do absolutely nothing but a placebo, vitamin and supplements companies which also no less evil for selling lies.
And that organic milk (as other products) are myth to sell overpriced products which been tested as having no difference from mainstream products,
and that just a name "reduced fat organic milk" contradicts itself :)
You may get a fist to your face from such peaceful hippy potheads.

One honest answer i got from ex-smoker pothead: "After i stopped smoking, Weed started kicking in better"

littleroundman

03-10-2014, 08:28 PM

"Weed is nature"

"Yeah, so what I'm going to do is wrap some natural weed in man made paper, set fire to it, stick it in my mouth and inhale the "natural" smoke

Completely "natural"

Whip

03-10-2014, 08:35 PM

So, I guess naturally, we are skeptical of this?

NikSam

03-10-2014, 09:04 PM

There are no limits how deep they can go into nature,

some roll it into paper made of hemp, some re-use glass pipes.

some traitors will roll weed into cigar tobacco leave :)

GlimDropper

03-11-2014, 10:33 AM

I don't claim to have sorted this out yet but what a can of worms.

OK, starting with a post over at MMG Burke tells us:

As far as the top distributors behind Kannaway..That would be me. http://www.moneymakergroup.com/style_emoticons/default/laugh.gif.pagespeed.ce.2r0mAZ82mu.gif http://www.MoneyMakerGroup.com/style_emoticons/default/wink.gif

Management & Ownership
· Mike Llamas – Founder and Owner
· Jeff Rodgers – Founder, President & CEO
· Chris Boucher – VP Product Development – Father of the US Hemp Movement

So I started looking into Mike Llamas and holy crap does he have a past. I am confident that the Mike Llamas of Kennaway is the same Mike Llamas facing charges of mortgage fraud and involvement with a ponzi scheme. Here is the docket summary (http://www.gpo.gov/fdsys/granule/USCOURTS-caed-2_12-cr-00315/USCOURTS-caed-2_12-cr-00315-15/content-detail.html) from that case, the FBI Press Release (http://www.fbi.gov/sacramento/press-releases/2012/roseville-wealth-adviser-lee-loomis-arrested-for-fraud-schemes) about the original arrest from which I quote:

According to the indictment, Loomis used Michael Llamas, 27, of Tracy, and Peter Woodard, 54, Ventura, to approach builders of new homes and developers of condominiums to purchase investment homes in bulk at substantial price discounts ranging from 30 to 50 percent off under the terms of an “option contract.” Llamas and Woodard had no financial ability and no intention of purchasing the homes; rather, the homes were to be sold to Loomis’s nominee members at full price. Loomis then arranged for his mortgage company, Nationwide Lending Group (NLG), to sell mortgage loans for the nominees with banks and other lenders at the full price of the homes without disclosing the large price discount. Lenders were thereby misled into advancing loans that far exceeded their lending guidelines. Also, the large option contract price discount was used to conceal the lack of required down payments by nominee buyers. Loomis, Llamas, and Woodard split what remained of the price discount after subtraction of the fake down payments and certain fees.

Here's a blogpost (http://www.ponziclawbacks.com/2012/10/05/lawrence-lee-loomis-naras-funds-was-center-of-20-million-real-estate-ponzi-scheme-indictment/) with information and links to a few documents and yesterday Forbes magazine published an article (http://www.forbes.com/sites/nathanvardi/2014/03/10/the-first-pot-stock-billionaire-says-his-penny-stock-could-be-a-little-high/) which lightly touched on this and if anything, makes this rabbit hole a bit deeper.

The Financial Industry Regulatory Authority warned investors (http://www.finra.org/Newsroom/NewsReleases/2013/P325363) back in August about marijuana stock scams, saying “the con artists behind marijuana stock scams may try to entice investors with optimistic and potentially false and misleading information that in turn creates unwarranted demand for shares of small, thinly traded companies that often have little or no history of financial success.” It’s not hard to figure out that some of the people behind the penny pot stock boom have questionable backgrounds.

<Snip>

A year ago, an anonymous poster on Seeking Alpha exposed (http://seekingalpha.com/article/1187411-chronically-criminal-shielding-the-public-from-medical-marijuana) that Michael Llamas, the former president of publicly-traded Medical Marijuana, had been indicted by federal prosecutors in California for his alleged involvement in a mortgage fraud that caused $10 million in losses. Llamas has pleaded not guilty to the federal charges and Medical Marijuana separately disclosed last year that it was being investigated by the SEC.

<Snip>

How did Mackey get the rest of his shares in CannaVest? In November of 2012, two of Mackay’s companies started acquiring shares of a publicly-traded OTCBB company called Foreclosure Solutions, mostly from H.J. Cole. The man behind the deal was Stuart Titus, who loaned the Mackay companies the money and whose General Hemp also participated, taking a 7.1% stake. Foreclosure Solutions became CannaVest and last week for some reason CannaVest moved to distance itself from Titus, saying in a press release that Titus no longer has any affiliation with CannaVest and owns less than 2% of the company.

There is another connection between CannaVest and Llamas. On the last day of 2012, CannaVest agreed to buy assets from something called PhytoSphere, including a license to use its brands, for $35 million in five payments of either cash or stock. When the deal closed last year, CannaVest issued 900,000 shares to PhytoSphere, which distributed the shares to its sole owners, Medical Marijuana and Hemp Deposit and Distribution Corporation, according to an SEC filing. Llamas used to be president of Medical Marijauna and its financial statements have previously describes Llamas as the president of Hemp Deposit and Distribution Corporation. Llamas’ LinkedIn page says he is the founder of Hemp Deposit’s CannaBank business. “To draw an inference that Mike Llamas has something to do with CannaVest is absolutely wrong,” says Mackay. “Llamas is not a member of the board and has absolutely no influence. I know Michael Llamas and am familiar with him but he has no control on any aspect of CannaVest. He may be a shareholder of CannaVest.”
Bolding mine.

There are some very bent people behind this company.

scratchycat

03-11-2014, 11:03 AM

Checked over in MMG this morning and found this little item.

7193

Kannaway - Kannaway.com (http://www.moneymakergroup.com/Kannaway-Kannawaycom-t466581.html&st=90)

Does anyone know why I am having to use the 'basic' upload for photos??

scratchycat

03-11-2014, 11:14 AM

But despite the names of the companies involved, this isn’t some deal that’s furthering the sales of marijuana — legal or otherwise. Instead, PhytoSPHERE uses a system known as TerraSphere to create plant-based biocompounds for pharmaceutical and the so-called nutraceutical markets.

Michael Llamas, president of Medical Marijuana, a company that trades on the Pink Sheets and on the Over-The-Counter bulletin board, said PhytoSPHERE extracts hemp – a completely legal process, as it’s derived from hemp seeds and is categorized as food. One of the commodities emerging from the hemp industry is cannabidiol, an extract that comes in the form of crystal, oil or powder, where a “majority of the medical benefits” can be found, Llamas said.

He claims that it helps with treating digestion problems, acting as a super antioxidant, among other things.

“[It’s] completely organic,” Llamas said, “It’s been known to be beneficial in treating things from Alzheimer’s to pain management to multiple sclerosis [and] Crohn’s disease.”

In fact, while hemp and marijuana are from the same species of plant and appear to be similar, they are quite different, according to the North American Industrial Hemp Council Inc., an industry association representing the U.S. hemp industry. Hemp contains no THC, the active ingredient found in marijuana, making it unusable as a drug, unlike marijuana, the NAIHC said.

Medical Marijuana, also based in San Diego and involved with extraction and delivery methods of hemp-based compounds for use in pharmaceutical products, isn’t involved in “selling pot at all,” Llamas said.

But the similar-sounding name and familiar-looking plant have cast a stigma on the hemp industry, according to Llamas.

CannaBANK Takes Hit Of $2.5M Sale - Private Equity Beat - WSJ (http://blogs.wsj.com/privateequity/2012/04/13/cannabank-takes-hit-of-2-5m-sale/)

Is there a link here with all these names and someone coming up with a way to make more money through an MLM scheme?

Forbes? (http://www.forbes.com/sites/nathanvardi/2014/03/10/the-first-pot-stock-billionaire-says-his-penny-stock-could-be-a-little-high/)

Whip

03-11-2014, 08:45 PM

sometimes I get the munchies just reading this thread.

Nourjan

03-11-2014, 11:43 PM

They start mumbling about something tobacco is main cause of the cancer (no medical trials to back it up)
and weed cures (or does not cause) cancer (also no medical claims).

Many research/study have linked tobacco usage and multiple forms of cancer and cannabis smoke does produce less harmful chemicals compared to tobacco smoke(though they also contains carcinogens) , those potheads may have some good points.

The most annoying argument, debateconversation I ever had with them was about the woefully misguided "hemp can save the world" movement.How they would claim that due to its versatility( fibre,foodsource,paper,oil,drugs,bio-ethanol, phytoremediation etc), switching to hemp as main crop can solve many of the world problems.The truth is, switching to hemp would be extremely environmentally damaging(which is why no environmental scientist/activist ever advocate such notion) never mind that there are many better alternatives that outclasses hemp in every one of its utility .When I pointed that they were using false facts/data to support their claim the conversation turns vicious.....who knew supposedly laidback potheads could have such mean streak.

NikSam

03-12-2014, 12:45 AM

Many research/study have linked tobacco usage and multiple forms of cancer and cannabis smoke does produce less harmful chemicals compared to tobacco smoke(though they also contains carcinogens) , those potheads may have some good points.

...

linked as in "may" or "might" , read those studies yourself.
As on canabis smoking , think of a range of studies being done, did they put thousands people together to smoke some joints and studied ?
did they study lifetime potheads smoking equal of a pack a day of marihuana ?

No points at all, you just paying attention to one side of propaganda.
prolonged inhaling of any smoke (each contains same amounts of carbon dioxide and tar), regardless of the content, or for example living in a city and inhaling car exhaust fumes, causes equal effect on lungs (still dirty lungs do not necessary attribute to cancers), Within people who developed a lung cancer there are no a straight coercing to either smokers or to non-smokers, both groups developed it regardless. recent data shows huge reduction in smokers in US, but lung cancers still on the rise (which can even be interpreted as opposite - non smokers develop it more often)

littleroundman

03-12-2014, 06:24 AM

Let's put some faces to the names, shall we ??

Here's Kannaway Ray Dietrich:

http://imageshack.com/a/img855/7626/chdx.jpg

Kannaway.com (http://kannaway.com/kannaway-scam/watch-this-before-joining-the-kannaway-scam/)

Here's Ray Dietrichs' "Internet and Mobile marketer" website (interestingly with no mention of hemp or Kannaway)

http://imageshack.com/a/img691/4305/ajej.jpg
http://imageshack.com/a/img706/4927/956m.jpg

Ray Dietrich.com (http://raydietrich.com/blog-2/)

littleroundman

03-12-2014, 06:36 AM

Billy Funk, Kannaway "leader"

http://www.youtube.com/watch?feature=player_detailpage&v=8ZeG9__-dG4

http://imageshack.com/a/img163/2145/lgv8.jpg

Billy Funks' Work With Billy Funk (http://www.youtube.com/user/workwithbillyfunk)YouTube channel

scratchycat

03-12-2014, 04:20 PM

sometimes I get the munchies just reading this thread.

I have some peanuts, could you bring the popcorn? I am also into that herbal tea that gives you lots of Vit. C and energy!! But you have to bring your own baccy or your choice of roll up. :RpS_smile:

Personally, I am liking this thread more and more with all the information coming together! Read and munch all you want.

scratchycat

03-13-2014, 10:01 AM

Have you Hemp Vaped yet?? It only costs $90 for your kit to get started! And "no" I am not pushing this stuff, just amazed at what they are coming up with.

HempVap CBD Vaporizer - Starter Kits Available - 2g's CBD Oil AND Pen | RSHO CBD OIL AND CBD PRODUCTS (http://cbdgum.networkofhemp.com/order-cbd/hempvap-cbd-vaporizer-system/)

7210

scratchycat

03-13-2014, 10:01 AM

I only clicked on this once and it delayed a bit and then repeated the post. Trying to delete 2nd one but it is not working. Well, this worked. I just typed this message in and saved.

laidback

03-13-2014, 12:37 PM

scratchycat

03-13-2014, 02:08 PM

I don't claim to have sorted this out yet but what a can of worms.

OK, starting with a post over at MMG Burke tells us:

So I started looking into Mike Llamas and holy crap does he have a past. I am confident that the Mike Llamas of Kennaway is the same Mike Llamas facing charges of mortgage fraud and involvement with a ponzi scheme. Here is the docket summary (http://www.gpo.gov/fdsys/granule/USCOURTS-caed-2_12-cr-00315/USCOURTS-caed-2_12-cr-00315-15/content-detail.html) from that case, the FBI Press Release (http://www.fbi.gov/sacramento/press-releases/2012/roseville-wealth-adviser-lee-loomis-arrested-for-fraud-schemes) about the original arrest from which I quote:

Here's a blogpost (http://www.ponziclawbacks.com/2012/10/05/lawrence-lee-loomis-naras-funds-was-center-of-20-million-real-estate-ponzi-scheme-indictment/) with information and links to a few documents and yesterday Forbes magazine published an article (http://www.forbes.com/sites/nathanvardi/2014/03/10/the-first-pot-stock-billionaire-says-his-penny-stock-could-be-a-little-high/) which lightly touched on this and if anything, makes this rabbit hole a bit deeper.

Bolding mine.

There are some very bent people behind this company.

Somehow, I think we were actually posting at the same time!! I did not see your post until after I posted, sorry for the duplicates!

scratchycat

03-13-2014, 02:14 PM

The only thing I would have less use for than an electronic cigarette, is an electronic joint...! Not only NO, but H-E-double-toothpicks no!

Think this is some kind of way to zap away all your medical problems. Something like that snake oil we have been discussing. Maybe it can also be used for oil pulling, if you have not heard of that one, look it up.

Whip

03-13-2014, 02:16 PM

they think they're going to get stoners to be able to flaunt toking in public since it's against the law in most States.

Fendaril

03-13-2014, 02:54 PM

Oh so now its legal to deal drugs.

Are the olympics going to include a bank robbing competition now to?

NikSam

03-13-2014, 03:30 PM

Hempseed Oil is not a drug, has no THC in it, you can freely buy it just the same as olive oil or sunflower oil.
What they trying to do with it is "snake oil" with pyramid oil spread on top :)

Hemp oil - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/Hemp_oil)

ribshaw

03-13-2014, 04:04 PM

[COLOR="#006400"]Think this is some kind of way to zap away all your medical problems.

I had never heard of CBD, THC I may have had some prior knowledge of.:RpS_wink: It seems CBD has been bred down in a lot of strains of Marijuana in favor of more THC for people to get a better high. On the medical side a higher concentration of CBD would be the goal with less THC. Or something like that, I have enough problem getting tomatoes to grow.

I found this site which has some interesting links to various conditions. PROJECT CBD | What is CBD? (http://www.projectcbd.org/)

Personally it doesn't matter to me whether people smoke pot for pleasure or slather themselves with hemp oil for well being. But to see things like this hijacked by MLM just makes it harder and harder for people to discern credible information from the medical nonsense typically purveyed with $50 bottles of juice. For instance there is some interesting reading on treating seizures with CBD, and given the side effects of many traditional drugs like Dilantin why not? BUT that decision needs to be made with information from a team of qualified professionals, not some yokel who wants to build his downline.

Cannabidiol--antiepileptic drug compari... [J Pharmacol Exp Ther. 1977] - PubMed - NCBI (http://www.ncbi.nlm.nih.gov/pubmed/850145)
https://www.epilepsy.com/epilepsy/treatment

Whip

03-13-2014, 04:36 PM

busttheblock

03-13-2014, 06:54 PM

I'll bet all those free prelaunch members that Billy Funk and Ray Dietrech were touting all over the place have vanished. And the ones that were suckered into thinking they were going to get rich, will be dropping like flies soon enough.

Beacon

03-14-2014, 09:29 AM

Personally while I dont advocate free drugs/sex/alcohol for everyone they are things that authoritarians try to latch onto and sensationalize. I wont bother with the last two ( for now) but when it comes to the nonsense "War on drugs" the is a whole plethora of subterfuge going on. Just taking Cannabis the whole "Reefer Madness" era was brought about not because of problems with cannabis but because people wanted to control the newspaper industry and Hemp was a much better quality sopurce of paper than wood pulp which the newspaper magnets had bought up. They wanted to control the media from the tree to the newsstand and doing that meant getting rid of the Hemp industry. The drug element was used to wipe out the sailcloth/paper /rope and all the other uses but particularly paper production.

Ill give you an example of how it got. Back in the day "scientists" were naturalists philosophers botanists and tried their hand at all sorts of things. I believe Benjamin Franklin probably used Opium and Cannabis and actually cultivated Opium plants. But not only were plants recently removed from where he grew them by the DEA they actually told the tour guides not to refer to them.
In the same way I believe the US congress had the chance to buy every year about two thiords of the world opium production back in the early 1970s The Opium producers would then start to convert to other agricultural crops. But instead congress funded helicopters for the Burmese Military.

Likewise "Islamofacists" are demonised when the US funded equipped and trained the MuJIHADeen because they were attacking the Russians in Afghanistan. Most US Military escapades were for Economics and Trade. and don't get me wrong it isnt as iof the British French Russians or anyone else wasnt at their own empire building. Im just urging people see the big picture. Just as we ( in the West) are getting a pro West picture of the Ukraine now. Which isn't to say the Russians dont have their own biased view.

I see a similar mindset about this subject we are discussing and I agree with Ribshaw whether or not his knowledge of levels of TCH in Hemp oil is accurate or not. this is about money by scamming people and not about free drugs or getting high or anything like that.

scratchycat

03-14-2014, 10:33 AM

I read through the last few posts on here and all of it is viable information. There are so many differential equations to be derived from the processing of cannabis plants that the average person would get a little lost in trying to figure out the good and bad of these products. I agree with the wood paper vs hemp paper and it always seems to go back to who is going to profit more from each decision made. As others have stated, what this thread is all about is making this a pyramid scheme to hook others in the dreams of getting rich from MLM. Not going to happen. These pre-launch schemers are the ones who will take the money and run - well jump to the next big deal after making a few dollars on this one. This picture below tells a lot. So I will just use it to let you decide -

7212

scratchycat

03-14-2014, 10:39 AM

I had never heard of CBD, THC I may have had some prior knowledge of.:RpS_wink: It seems CBD has been bred down in a lot of strains of Marijuana in favor of more THC for people to get a better high. On the medical side a higher concentration of CBD would be the goal with less THC. Or something like that, I have enough problem getting tomatoes to grow.

I found this site which has some interesting links to various conditions. PROJECT CBD | What is CBD? (http://www.projectcbd.org/)

Personally it doesn't matter to me whether people smoke pot for pleasure or slather themselves with hemp oil for well being. But to see things like this hijacked by MLM just makes it harder and harder for people to discern credible information from the medical nonsense typically purveyed with $50 bottles of juice. For instance there is some interesting reading on treating seizures with CBD, and given the side effects of many traditional drugs like Dilantin why not? BUT that decision needs to be made with information from a team of qualified professionals, not some yokel who wants to build his downline.

Cannabidiol--antiepileptic drug compari... [J Pharmacol Exp Ther. 1977] - PubMed - NCBI (http://www.ncbi.nlm.nih.gov/pubmed/850145)
https://www.epilepsy.com/epilepsy/treatment

After going to the links you posted, I found this one to contain some interesting information.

Project CBD Responds to SAM (http://www.projectcbd.org/news/project-cbd-responds-to-sams-cbdisinformation-2/)

The misnamed Smart Approaches to Marijuana (SAM) recently produced a “fact sheet” entitled, Everything You Need to Know About CBD, that seeks to justify the continued prohibition of cannabis by misinforming the public about cannabidiol and THC.
Cannabidiol (CBD), a “nonpsychoactive” component of marijuana, is a hot ticket right now among medical scientists and heath professionals. A growing number of physicians are recommending CBD-rich cannabis oil extracts for patients in states where medical marijuana is legal. CBD has been shown to shrink malignant tumors, improve insulin sensitivity, quell anxiety, and ease chronic pain – without making people feel high. Extensive preclinical (and some clinical) research validates the experience of many patients, including children with catastrophic seizure disorders, who successfully medicate with CBD-rich products.
Kevin Sabet, cofounder and director of SAM, stated in a letter to the Boston Globe: “Medical marijuana is a big fat headache that serves no one but people who want to get high.” But the clamor for non-psychoactive CBD-rich cannabis proves Sabet is wrong. Medical marijuana is not – and never was – just a front for stoners.
An anti-marijuana ideologue who served as an advisor to the drug czar’s office under Obama and George W. Bush, Sabet takes pride in Rolling Stone’s description of him as “Legalization Enemy #1.” Salon called him “the quarterback of the new anti-drug movement.” If Sabet is the quarterback, then what’s the game plan?
Not long after Project CBD was formed in 2010, we predicted that recalcitrant drug warriors would attempt to coopt the news about CBD to advance a prohibitionist agenda. As we note on projectcbd.org: “Marijuana prohibitionists will try to exploit the news about CBD to further stigmatize high-THC cannabis, casting The High Causer, THC, as the bad cannabinoid, whereas CBD is pegged as the good cannabinoid. Project CBD categorically rejects this dichotomy in defense of whole plant cannabis therapeutics.”
SAM’s CBD polemic essentially boils down to this:
Specific components of the marijuana plant, including CBD, have medical value, but the marijuana plant itself does not have medical value.
THC, marijuana’s psychoactive component, is a horrible, dangerous substance, and children should not be exposed to it under any circumstances.
Marijuana-derived products are against federal law and are not adequately tested for safety and efficacy, unlike FDA-approved corporate pharmaceuticals.
State governments should not legalize marijuana to facilitate access to CBD. Those who need CBD should wait patiently until the federal government decides what CBD-rich medicines we are allowed to consume.

Whip

03-14-2014, 10:46 AM

littleroundman

03-16-2014, 06:24 AM

Now, I don't want anyone thinking this is a staged interview and Charles Vest is spouting nonsense

All you cynics can just stop chortling right now.

Be serious.

CBD is a wonder food and can fix anything that ails you, right down to your ingrown toenail.

http://www.youtube.com/watch?feature=player_detailpage&v=Qj5tQNgRREg

Whip

03-16-2014, 09:07 AM

I seem to have trouble finding them listed as a publicly traded company.

ribshaw

03-16-2014, 10:16 AM

I seem to have trouble finding them listed as a publicly traded company.

I believe it is a division of this company. MJNA Profile | MEDICAL MARIJUANA, I Stock - Yahoo! Finance (http://finance.yahoo.com/q/pr?s=MJNA+Profile)

That is from a quick reread of my post 16, so I am relying on that being good information, and my not confusing the parts of the story.

littleroundman

03-16-2014, 10:49 AM

CannaVest Corp. Clarifies Relationships With General Hemp and Kannaway

SAN DIEGO, March 6, 2014 (GLOBE NEWSWIRE) -- CannaVest Corp. (http://globenewswire.com/Tracker?data=sxjYujNmN9gh4sJKkpeIqzwvDcE1x98PYMxV4 RP7D9TukvsEKBdM2n22RMY54MNZo9jBR3nKe9KnZ77Kk_bluw% 3D%3D) (OTC:CANV), the world's leading hemp-based investment company spearheading the development of cannabidiol (CBD)-rich hemp oils and other hemp industry-related products and services, would like to clarify its relationship with both General Hemp, LLC and Kannaway, LLC.

Kannaway, LLC is marketed as a hemp lifestyle company with a focus on nutritional wellness whose products contain CBD rich hemp oil.

Kannaway was founded in 2014 and is a wholly-owned subsidiary of General Hemp, LLC.

The sole owner of General Hemp is Stuart Titus. Mr. Titus formerly was a consultant and advisor to CannaVest, and currently owns less than 2% of the outstanding shares of CannaVest. Mr. Titus no longer has any affiliation with CannaVest, and no person affiliated with General Hemp is employed by CannaVest in any capacity. The sole relationship between CannaVest and General Hemp is Mr. Titus' ownership of CannaVest stock.

Products for Kannaway's business will exclusively be supplied by HempMedsPX, LLC, which is a distributor of federally legal, hemp-based CBD products and a wholly-owned subsidiary of Medical Marijuana, Inc. (MJNA). HempMeds is the master distributor and marketing company for CannaVest. As a result, CannaVest's product offerings will be available to Kannaway for its business. CannaVest has no ownership or other interest in Kannaway, and CannaVest solely will act as a supplier of products to Kannaway.

"We have received numerous telephone calls from the public leading us to believe there is general confusion relating to our relationship to Kannaway," says Michael Mona III, Vice President of Operations for CannaVest Corp. "Our business focus continues to be on being the world's leading bulk CBD-rich hemp oil supplier, and we intend to continue selling our product offerings to HempMeds, which ultimately will allow Kannaway to launch and sustain its business. We are excited that our products will be available to consumers through the Kannaway model."

About CannaVest Corp.

CannaVest Corp. (http://globenewswire.com/Tracker?data=sxjYujNmN9gh4sJKkpeIq-tYAM-fOcDh6QiZ3KGW9_C68YVkFFHwkmSlCzkVq_yM6YArRXH2nHjpd Zx9QuWaAY1iW0Rx_Swg0bETgwugNUWZwIh4YTJoOh-yW7PACqJ1eAojZC_V_0RsZDwKiYWth3mruwaTmnlS-Di3hgbvud7pb7fce5NocVqEZot9mDZk) is in the business of investing and developing hemp-based businesses. CannaVest Corp. (http://globenewswire.com/Tracker?data=sxjYujNmN9gh4sJKkpeIq3xGwtY6ECPdj8oaR 7myVmvez9XV60VPxUFqg_lnnltokl5OtiNtuvz0YBoHuaSiRn0 PfLwFVcyjWh86SpLuDJrZSPtlH7xW_aU_6Huf_Cosvcw6c57q3 tXUCq8jBM_p_FGnPqlgsNLhr5VX6W0zWlSFTqjmTxsVllBqy4u fOchf) also develops, produces, markets and sells end-consumer products to the nutraceutical industry containing the hemp plant extract, cannabidiol (CBD). Additionally, the company resells—to third parties—raw product acquired by CannaVest Corp. (http://globenewswire.com/Tracker?data=sxjYujNmN9gh4sJKkpeIq1KdhmoZVeHsKe4X8 ohzBhA4mqUX2Syvi4kQWI_Ewawf2tyzpIUH0kL6LBZCzov3Zs1 lEfc6lQqXey2RXiBNmw9c1MmOgI02-0MKtMHSVH9cvKmqs5P8hdVpjv9xZlrEzdd8eK8ZKz7knHsdeXf OhL0dmL2M8aNOzojvfNiagV_W) pursuant to the company's supply international relationships.

CannaVest seeks to take advantage of an emerging worldwide trend to re-energize the production of industrial hemp and to foster its many uses for consumers. Cannabinoids (cannabidiol/CBD) are natural constituents of the hemp plant, and CBD is derived from hemp stalk and seed.

Additional information is available from OTCMarkets.com (http://globenewswire.com/Tracker?data=LrQAbhIF7zgsekNjy1K_o7cdIgUvoHwXX3Qlv MGueT6E9W092r-QwRAqXPOYnhIB1Gjq-RiRp7QpSp1T-tqPxwRR0QJUpv1bW_a5G7UuZJiblJx511-JYIP1if5waDw3EI6wBgRsAUf--582SG1PFxHxrksLTEaNZ1q1AIA_NmvqWkEdZlOBKwV7JA922dU 2XwFryFxraat5qs4fXP4rwWt6PjGYE2JXkNzKMZ_0Wr-LSqoduoNcgJYQ0-mlhU1I) or by visiting CannaVest.com (http://globenewswire.com/Tracker?data=sxjYujNmN9gh4sJKkpeIq2G6YDqOa1wfkeM4N-tdPebWecSegQRN50TlWFMVs5vgaQz8jT3K9J7yboB6BBuflNeW 3RYYpAGfxxmirUO7rU55gpedJ1eiWVMEbQzQh-JnD094jHHYGuQBtgbkK4UqDVI8d1rixWNh_0SPSCBB_A2bKsYf mmcA1qfpTb1hF3mb).

About PhytoSPHERE Systems, LLC

PhytoSphere Systems is a global phytocannabinoid biotechnology company based in San Diego, California and a wholly-owned subsidiary of CannaVest Corp. (OTC:CANV). The company utilizes advanced cultivation methods and state-of-the-art processing technology leading to development of pharmaceutical, nutraceutical and food products.

PhytoSphere Systems, the manufacturer of the CBD-rich hemp oil used in Real Scientific Hemp Oil (RSHO), has developed special cultivars (similar to "strains") that produce hemp that is especially rich in CBD, making it possible for PhytoSPHERE to offer all-natural products with high concentrations of hemp-based CBD. For more information, visit: PhytoSphereSystems.com

About HempMedsPX

HempMedsPX™, Inc. offers mainstream marketing, sales, customer service, and logistics for the cannabis industry. HempMedsPX is a corporate portfolio company of Medical Marijuana, Inc. (OTC Pink:MJNA) and the exclusive master distributor and contracted marketing company for CannaVest Corp. (OTC:CANV) and Medical Marijuana Inc. In addition to handling sales and distribution, HempMedsPX is the communication hub for the Medical Marijuana Inc. portfolio of companies.

FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE

These statements have not been evaluated by the FDA and are not intended to diagnose, treat or cure any disease.

FORWARD-LOOKING DISCLAIMER

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 and other factors, which may cause the actual results, performance or achievements of CannaVest Corp. to be materially different from the statements made herein.

LEGAL DISCLOSURE

CannaVest Corp. does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). The company does grow, sell and distribute hemp-based products and are involved with the federally legal distribution of medical marijuana-based products within certain international markets. Cannabidiol is a natural constituent of hemp oil.

Corporate Contact:
CannaVest Corp.
2688 South Rainbow Avenue, Suite B
Las Vegas, NV 89146
Phone: 866-290-2157
CannaVest | Invest In CannaVest

GlobeNewsWire (http://globenewswire.com/news-release/2014/03/06/616259/10071506/en/CannaVest-Corp-Clarifies-Relationships-With-General-Hemp-and-Kannaway.html)

Whip

03-16-2014, 11:24 AM

thanks. Seems to be an unnecessary trail of 'companies' no?

littleroundman

03-16-2014, 11:30 AM

thanks. Seems to be an unnecessary trail of 'companies' no?

That's the MLM industry in 2014 for you.

kschang

03-16-2014, 12:53 PM

thanks. Seems to be an unnecessary trail of 'companies' no?

It's call 'asset protection'. Spread the assets out so if one company gets closed you can keep operating under another company. Legal, yes. Stupid? Well... that's working within the law.

In this case, Cannavest is the umbrella holding company, Phytowhatever is the manufacturing, and HempMeds is retail, and now they add Kannaway as MLM marketing.

NikSam

03-16-2014, 02:49 PM

littleroundman

03-16-2014, 07:32 PM

From FORBES.com (http://www.forbes.com/sites/nathanvardi/2014/03/10/the-first-pot-stock-billionaire-says-his-penny-stock-could-be-a-little-high/)

Filed under: "Oh what a tangled web we weave, when first we practice to deceive"

The First Pot Stock Billionaire Says His Penny Stock Could Be A Little High

You have probably never heard of Bart Mackay, a 57-year-old Las Vegas lawyer who works on various ventures like Dot Vegas, which operates the .Vegas top-level domain. But on paper, Mackay is the first pot stock billionaire.

Mackay’s holdings in CannaVest, which bills itself as the world’s leading hemp-based investment company, are valued at $1.8 billion. That figure might seem like a drug-induced hallucination, but it’s technically true. CannaVest is the top-performing stock in America in 2014 with a market capitalization greater than $1 billion. Its thinly-traded shares, which change hands on the Over-The-Counter Bulletin Board, have soared by 680% in the last year. They are already up more than 300% in 2014. The average daily volume of about 10,900 shares has been light this year, but someone is buying the stock and the $117 it closed at on Friday makes Mackay the world’s first pot stock billionaire thanks to his 15.7 million shares in CannaVest.

Mackay, however, doesn’t think he is actually a billionaire. He says he has never sold a share of CannaVest and even if he wanted to sell some stock he couldn’t unload much before crashing the stock. “In my view, it’s a paper valuation and certainly not something I can take to the bank,” Mackay said in an interview. “I went through the dot.com period and there was a bubble that existed there, there is probably a bubble in this stock somewhere, or in this industry.”

Mackay believes that CannaVest’s stock rise is partially a result of the company being categorized by speculators as a marijuana stock, an idea he says that is not even true because CannaVest is focused only on hemp-based products. With Colorado and Washington implementing laws that allow the sale and use of marijuana for recreational purposes, some stock promoters have been pushing marijuana and hemp stocks big time in recent months. “The company doesn’t have anything to do with pot,” says Mackay. “The public views it as a pot stock, but for me it’s a completely different play.”

The Financial Industry Regulatory Authority warned investors (http://www.finra.org/Newsroom/NewsReleases/2013/P325363) back in August about marijuana stock scams, saying “the con artists behind marijuana stock scams may try to entice investors with optimistic and potentially false and misleading information that in turn creates unwarranted demand for shares of small, thinly traded companies that often have little or no history of financial success.” It’s not hard to figure out that some of the people behind the penny pot stock boom have questionable backgrounds.

Take Raymond Dabney. In 2005, the British Columbia Securities Commission up in Canada slapped a five-year trading ban on Dabney and barred him from being an officer or director of a publicly-traded company for five years after Dabney admitted to issuing 22 bogus news releases that contained misrepresentations about the revenue of Xraymedia, a Minnesota company in which Dabney was a controlling shareholder.

The Securities & Exchange Commission also sued Dabney and in 2010 obtained a final judgment against him that included a disgorgement and penalty of about $190,000. The SEC launched the enforcement action against Dabney and three others in connection with a scheme to manipulate the price and trading volume of Alliance Transcription Services. Today, Dabney works as a management consultant for Cannabis Science, a cannabis formulation-based drug development company that trades on the OTCBB. Dabney is described in SEC filings as the trustee of the Bogat Family Trust, which owned 6.5% of Cannabis Science last year.

Bruce Perlowin, CEO of another Las Vegas-based OTCBB stock called Hemp Inc., is completely open about the nine years he spent in prison for drug smuggling, which he describes on his own web site. “This is a dot.com explosion except there is a real product behind us, not air,” Perlowin recently said in an interview he scored on Bloomberg Television (http://www.bloomberg.com/video/benefit-of-hemp-will-be-in-the-billions-perlowin-1jou7mBYRoup2Bzk2rkpGw.html). The Southern Investigative Reporting Foundation last fall exposed (http://sirf-online.org/2013/09/30/tinkerer-lawyer-hustler-lies-one-mans-path-to-a-dope-fortune/) the background of Vincent Mehdizadeh, the founder of a marijuana stock called Medbox, which included arrests or no contest pleas for things like trespassing and credit card fraud.

A year ago, an anonymous poster on Seeking Alpha exposed (http://seekingalpha.com/article/1187411-chronically-criminal-shielding-the-public-from-medical-marijuana) that Michael Llamas, the former president of publicly-traded Medical Marijuana, had been indicted by federal prosecutors in California for his alleged involvement in a mortgage fraud that caused $10 million in losses. Llamas has pleaded not guilty to the federal charges and Medical Marijuana separately disclosed last year that it was being investigated by the SEC.

So there are some shady characters behind the penny pot stock boom. Mackay, who says he has in the past represented other companies with OTCBB stock listings, says CannaVest CEO Michael Mona, Jr., partially brought him aboard to help navigate the OTCBB underbelly. “I am familiar with a lot of the garbage that goes on with over the counter stocks, the pitfalls, and I guess that is one of the reasons why I decided to help Mike and help this process to avoid some of the pitfalls,” Mackay said.

Nevertheless, the indicted Llamas is connected to Mona, Mackay and CannaVest. Mackay’s path to obtaining most of his $1.8 billion of shares in CannaVest starts with Roen Ventures, a company that last year agreed to lend $6 million to CannaVest. Roen Ventures was formed by Mona and Llamas, according to a lawsuit filed against Mona and Mackay in Nevada state court. The lawsuit, filed in February by Far West Industries, claims that Far West obtained a $17.7 million judgment in 2012 against Mona and others relating to a fraudulent land transaction in California. According to the second amended complaint, Mona testified in the judgment debtor exam that he received $3 million that he loaned to Roen Ventures, which lent the money to CannaVest. Mona then testified that in the last year he sold his interest in Roen Ventures and its $3 million note to Mackay for $500,000—making Mackay and Llamas the owners of Roen Ventures, the second amended complaint says. Mona testified that there is another $22 million judgment pending against him connected to another real estate deal, the second amended complaint says. Far West claims in its second amended complaint that Mona’s loan to Roen Ventures was fraudulent and “intended to prejudice creditors like Far West by concealing and wasting assets.” Mackay declined to comment on the lawsuit, except to say that “from my perspective, it’s frivolous and doesn’t hold water.” Mona did not return a call seeking comment for this article.

In January of 2014, CannaVest said in an SEC filing that Roen Ventures is now wholly owned by Mackay, who acknowledged in an interview that he has bought out the stakes of Llamas and Mona in Roen Ventures. According to the January SEC filing, Mackay, through Mercia Holdings and Mai Dun Limited, now owns 100% of Roen Ventures, which has converted its loans to CannaVest to 10 million shares of CannaVest stock.

How did Mackey get the rest of his shares in CannaVest? In November of 2012, two of Mackay’s companies started acquiring shares of a publicly-traded OTCBB company called Foreclosure Solutions, mostly from H.J. Cole. The man behind the deal was Stuart Titus, who loaned the Mackay companies the money and whose General Hemp also participated, taking a 7.1% stake. Foreclosure Solutions became CannaVest and last week for some reason CannaVest moved to distance itself from Titus, saying in a press release that Titus no longer has any affiliation with CannaVest and owns less than 2% of the company.

There is another connection between CannaVest and Llamas. On the last day of 2012, CannaVest agreed to buy assets from something called PhytoSphere, including a license to use its brands, for $35 million in five payments of either cash or stock. When the deal closed last year, CannaVest issued 900,000 shares to PhytoSphere, which distributed the shares to its sole owners, Medical Marijuana and Hemp Deposit and Distribution Corporation, according to an SEC filing. Llamas used to be president of Medical Marijauna and its financial statements have previously describes Llamas as the president of Hemp Deposit and Distribution Corporation. Llamas’ LinkedIn page says he is the founder of Hemp Deposit’s CannaBank business. “To draw an inference that Mike Llamas has something to do with CannaVest is absolutely wrong,” says Mackay. “Llamas is not a member of the board and has absolutely no influence. I know Michael Llamas and am familiar with him but he has no control on any aspect of CannaVest. He may be a shareholder of CannaVest.”

CannaVest’s most up-to-date books show $10.7 million of assets. For the nine months ending September 30, 2013, the last time period for which CannaVest reported financials, revenues were $1.35 million and losses were $28.4 million. Mackay concedes these fundamentals don’t really support a sky-high stock valuation. “What you have here is in some ways, in my mind, is a perfect storm where for some reason marijuana stocks are getting some probably under normal reasonable terms outlandish valuations. I can’t control that because we don’t put out a lot of news, we are not out pumping stock,” says Mackay. “I am focusing on CannaVest and the fundamentals of this business as a member of a board of directors rather than pumping stock in a stock play.”

FORBES.com (http://www.forbes.com/sites/nathanvardi/2014/03/10/the-first-pot-stock-billionaire-says-his-penny-stock-could-be-a-little-high/)

path2prosperity

03-20-2014, 04:07 AM

When Jimbo Allen spouts his views on food and drug issues, one should remember how he eulogized the food scam promoter Garry Colhuln despite the fact that the man had over 200 offenses under the food food and drugs act.

Jim Allen Rambles web site (http://jimalleniii.com/)

Scroll down the page to see the video about cannabis oil cancer cures. Watch Jim Horsley expounding on the subject. How cannabis old cures several cancers in just three weeks.

Jim Horsly. Medical advice (https://youtube.googleapis.com/v/52C1VEI6JVQ&source=uds)

Jimbo the pimp seems to be sinking to the same levels as KennyBoy Russo.

By the way Jimbo how is your mate Gary Colhuln? Just in case he hasn't been in touch. Here is.

PatrickPretty report and other news of his MPD food scams. (http://www.realscam.com/f9/mpd-today-shut-down-rumours-1490/)

scratchycat

03-20-2014, 10:40 AM

Regardless of all the info out there now, here is the latest on our friend.

7253

https://www.facebook.com/carlajocarey

scratchycat

03-20-2014, 10:49 AM

This is not 'picking on one person', it is just a quick source of the latest 'scheme' going on. I see another name in those comments I am familiar with. I really don't understand the motivation of these people and how they see that what they are doing is all "innocent and a way of making money"...

The Teamwork Project (http://theteamworkproject.org/)

''The Teamwork Project'' is an advertising program with 10 Membership Levels that you may participate in. Our members earn 100% of commissions. All payments are made directly member to member. You recover your initial payment immediately with your first referral.

I am so sorry but I just don't see it happening...

7256

Looks so much like the other matrix games to me.

scratchycat

03-20-2014, 10:50 AM

path2prosperity

03-20-2014, 12:18 PM

Another who has been online long enough to recognize a dubious company, a dubious product or a dubious marketing strategy. Come on Linda. Anybody who swallows that oil or your sales spiel needs his or her tested.

QUOTE.

"Join A Movement With A Pay Plan and products easy to sell and recruit into. You will benefit from the Kannaway Team Recruiting

The Buzz Launch is Rollin. Are You In? (http://thebuzzlaunch.com/videoCP/5584076)

HEMP OIL Products launched, come join us ! You will have until March 31 to get in on the commissions pool for all those who come in behind you !

Awesome TEAM WORK !"

Just in case you think BoggyBoy has fooled anybody with the forwarder which he put on my computer type http:// then add community.adlandpro.com/forums/post/2696455/CBD-Hemp-Oil.aspx?flag=11

Your mug shot has been around this ponzi promoting board for long enough for it to be recognized by any investigative journalist. You were promoting a few of Jimbo's or similar food scams at one time and you should certainly have learned from that.

scratchycat

03-20-2014, 01:56 PM

Sorry to see Linda in on this one also from your link to scamland. Guess they are all still going at the 'side money' schemes, so let them give their money away but I would advise any of you reading this to keep your money in your pocket and don't fall for these sleazy deals coming from 'get rich quick schemes'.

First time I have even been to that place in a long time and from the "business" forum, clicked on a link about "how he went from dead broke to quitting his job...." and this is what my browser told me.

7273

It goes to a place called coachadrian, you can probably find it by searching Google.

So, for what it is worth, I would advise NOT giving them any further counts. You can catch most of them advertising on Facebook and watch them better from there - and SAFER!!

scratchycat

04-06-2014, 09:43 AM

Medical Cannabis: The REAL Reason the Government Wants to Keep it Banned | Health Impact News (http://healthimpactnews.com/2014/medical-cannabis-the-real-reason-the-government-wants-to-keep-it-banned/)

7384

Wonder where this 'research' comes from?

This was on the news the past week.

Denver coroner: Man fell to death after eating marijuana cookies - The Denver Post (http://www.denverpost.com/news/ci_25475533/denver-coroner-man-fell-death-after-eating-marijuana)

A college student visiting Denver jumped to his death from a hotel balcony after eating marijuana-infused cookies, according to a coroner's report that marks the first time authorities have publicly linked a death to marijuana since legal sales of recreational cannabis began in Colorado.

Levy Thamba, a 19-year-old student at Northwest College in Powell, Wyo., died last month at a Holiday Inn in northeast Denver. On Wednesday, the Denver coroner released a report concluding that Thamba's death was caused by "multiple injuries due to a fall from height."

The coroner also listed "marijuana intoxication" from cannabis-infused cookies as a significant condition contributing to the death. The report classifies the death as an accident.

A brief summary of the investigation that was included in the autopsy report says Thamba, also known as Levi Thamba Pongi, traveled to Denver with three friends on spring break. On March 11, the report says, Thamba consumed "marijuana cookies" and "soon thereafter exhibited hostile behavior (pulling items off the walls) and spoke erratically."

"The decedent's friends attempted to calm him down and were temporarily successful," the report states.

"However, the decedent eventually reportedly jumped out of bed, went outside the hotel room, and jumped over the balcony railing."

Thamba and his friends were staying on the hotel's fourth floor, according to the report.

Michelle Weiss-Samaras, a spokeswoman for the coroner's office, said the office often lists alcohol intoxication as a significant contributing factor in a death — for instance, in an alcohol-related car accident. She said the office also has seen cases involving apparent marijuana-impaired driving, but she said she believes this is the first time it has listed marijuana intoxication from an edible product in such a way.

The Cannabist
Colorado Marijuana News Site
More Denver Post marijuana coverage at The Cannabist
See a map of Colorado's recreational marijuana shops
Recent Cannabist news

Welcome to Denver: Visitors’ 4/20 cheat sheet
Five pot stocks to watch, per 420 Investor guru Alan Brochstein (interview)
Relatively “old-school” Arizer Solo ably gets job done (review)
Weiss-Samaras said Thamba had no known physical or mental-health issues, and toxicology tests for other drugs or alcohol came back negative.

"We have no history of any other issues until he eats a marijuana cookie and becomes erratic and this happens," she said. "It's the one thing we have that's significant."

According to the autopsy report, Thamba's marijuana concentration in his blood was 7.2 nanograms of active THC per milliliter of blood. In impaired driving cases, state law sets a standard of 5 nanograms per milliliter at which juries can presume impairment.

Read more: Denver coroner: Man fell to death after eating marijuana cookies - The Denver Post Denver coroner: Man fell to death after eating marijuana cookies - The Denver Post (http://www.denverpost.com/news/ci_25475533/denver-coroner-man-fell-death-after-eating-marijuana#ixzz2y7L3Gkv6)
Read The Denver Post's Terms of Use of its content: Terms of Use - The Denver Post (http://www.denverpost.com/termsofuse)
Follow us: @Denverpost on Twitter | Denverpost on Facebook

Whip

04-06-2014, 10:00 AM

I will say there are people that have asthma that can't smoke weed. It makes their asthma flair up. Not a good thing to find out after you've taken a hit. The justification to run a scam is always funny with their bogus claims.

GlimDropper

04-10-2014, 11:14 PM

A quote has been running through my mind, "If you have a dead body in the trunk of your car, you don't drive over the speed limit." I think I might know why that makes me think of Kannaway.

One thing that always jumped out at me when listening to Kannaway's interminable conference calls is an almost pathological emphasis on "compliance." Don't get me wrong I'm a fan of compliance in so far as it's rational and not an excuse for something else (I'm looking at you moldering corpse of Zeek Rewards) but Kannaway's compliance effort is both impressive and baffling. No medical claims, I'm 100% behind that one even though we all know that really means "no medical claims anywhere regulators can see/hear them." This explains (in part) the indirect advocacy of "secret" facebook pages by the company. But Kannaway forbids the use of the company name and logo on affiliate websites not provided by the company and that's just a little too weird for words.

Or so I thought.

(I'm going to have a hard time with fair use guidelines with the following article. If the fine folks at Forbes take any exception to the liberties taken I will correct them with just a polite request.)

Folks, all of you, please read this article on Forbes dot com (http://www.forbes.com/sites/nathanvardi/2014/03/26/high-times-inside-the-pot-stock-bubble/).

Inside The Pot Stock Bubble

This story appears in the April 14, 2014 issue of Forbes.

When Michael Mona Jr. went before the Nevada Gaming Control Board seeking a license for his Mediterranean-style Sunrise Suites hotel and casino in Las Vegas, it didn’t go well. The board, reportedly wary of his ties to shady telemarketers, including one who spent time in jail, told Mona his application would be rejected. He in turn withdrew his application and subsequently filed for personal bankruptcy when the casino could not open.

Mona might not be fit for the gambling business, but 16 years later he has found a lucrative field that’s not as choosy: the pot penny stock business. Mona now runs CannaVest, the highest-flying stock in one of the year’s biggest market frenzies.

Please note that Kannaway is not owned by CannaVest or by Mike Mona, it's owned by Stuart Titus, more on that later.

With Colorado and Washington now permitting the sale of marijuana for recreational use, and 20 states allowing it medically, some 60 publicly traded outfits, many snarled in a tangled, difficult-to-track web of interconnections, have popped up, claiming to be pot and hemp stocks. Almost none, mind you, emerged via an IPO and all the pesky disclosure and scrutiny that come with that path. Instead, real estate, marketing and oil outfits have miraculously morphed into medical marijuana and hemp companies, either through reverse mergers or simply changing their declared line of business. And just about every single one is thinly traded on the over-the-counter bulletin board, or Pink Sheets, where promoters can push them with the enthusiasm of a campus dealer.

Perhaps not an inapprapo(t) moment to relink FINRA's warring about Pot stock scams (http://www.finra.org/investors/protectyourself/investoralerts/fraudsandscams/p325352).

But Mona, the CEO, is trying to take it to the bank: He’s been quietly working to sell on behalf of the company a private placement of 10 million shares that can’t trade publicly for six months, according to an internal e-mail from Mona obtained by FORBES. The price: $1.50 a share, or between 2 cents and 3 cents on the dollar of the public value.

That should tell you everything you need to know about CannaVest’s prospects. Who needs the heavily regulated casino industry when there’s far more cash on the table in the penny stock market, with nary a protection for investors, save a warning from the Financial Industry Regulatory Authority last August to be on guard for “con artists behind marijuana stock scams”?

Or I could have saved that link for here.

The genesis of CannaVest–and the pot-stock frenzy overall–can be traced to Bruce Perlowin. He knows the business well: He spent nine years in prison for drug smuggling. With another ex-con, Don Steinberg (who also went to jail for drug smuggling), Perlowin started the first publicly traded medical marijuana company in 2009. He got the idea after a CNBC documentary called Marijuana Inc. featured Perlowin’s drug-smuggling past. After it aired Perlowin was bombarded with calls and investment proposals.

[Snip]

What followed has been a textbook example of how to create buzz through wheeling and dealing with related vehicles. When Perlowin oversaw it, Medical Marijuana didn’t actually do much, offering educational seminars and consulting services. Then, in 2011, Medical Marijuana sold a huge stake by issuing 260 million shares to a privately held investment vehicle, Hemp Deposit & Distribution Corp., run by Michael Llamas, then 26.

Llamas became Medical Marijuana’s president. Assets began moving back and forth between the companies he ran, creating at least the appearance of progress. For instance, in April 2012 Medical Marijuana acquired 80% of a Hemp Deposit business called PhytoSphere, which was billed by Llamas in a press release as a biotech outfit that produces hemp-based products for pharmaceutical markets.

[Snip]

Medical Marijuana’s stock price shot from 3 cents to 20 cents. But the party stalled in September 2012 after a federal grand jury indicted Llamas as part of an alleged $10 million mortgage fraud. Llamas pleaded not guilty but resigned from Medical Marijuana–just as the SEC started investigating it.

Time to start fresh. Within a few weeks Mona left Medical Marijuana to become CEO of CannaVest, a new company that Mackay, the paper billionaire, created by using companies he owned to buy control of a penny stock company in the foreclosure business. New name, same game. Mackay’s share purchases were financed by a Florida physiotherapist named Stuart Titus, who–surprise!–had helped Perlowin raise capital for Medical Marijuana. Titus also backs a hemp multilevel marketing company.

Which brings us back to Stuart Titus and his MLM company, Kannaway.

Titus put $375,000 behind Mackay’s CannaVest play and also got millions of CannaVest’s shares. CannaVest then agreed to buy the assets of PhytoSphere from Medical Marijuana and Llamas’ Hemp Deposit for $35 million in cash or stock. Follow all this? Few people can–a fact that Mona himself apparently alluded to. “Your reference to this being a ‘shell game’ is offensive,” a Dixie Elixirs executive wrote to Mona last year in an e-mail obtained by FORBES. “I request you not say it again.”

Shell game. Three-card monte. Or just a flurry of dealmaking between related companies that happen to be publicly traded. Whatever you call it, CannaVest’s shares were poised to take off–and the architects stood ready for a great windfall.

Problem is, their primary product at this point, CDB richhemp oil is:

still a no-no under federal law, but in 2004 a federal appeals court allowed a California hemp-soap company to import hemp that does not include concentrated THC. David Bronner, who runs the soap company, says the ruling did not contemplate cannabidiol extraction for medical purposes. “It was never considered,” says Bronner. “It’s definitely a gray area in the law that was not addressed.”

Remember the "no medical claims" issue mentioned above? The Only reason to buy over priced CBD rich hemp oil infused skin care products like the Cannabis Beauty DEFINED skin care product line (which Kannaway has exclusive marketing rights to) is if it offers some sort of health benefit. Yet claiming it has some sort of health benefit would be illegal (at least currently).

Is my "dead body in the trunk" metaphor starting to make sense? If not:

“They are trying to get around the law that says [cannabidiol] is a Schedule 1 substance,” says Lee. “The history of the people running the show, the shadiness of the operation, suggests that they see a way to make a fast buck out of a population that is desperate for miracles, when you see the kids with epilepsy, for people who are sick.”

The one thing that isn’t murky here: the fortunes being made by those at CannaVest.

Again, I ask, request and beseech any and all of you to read the article in it's entirety over at Forbes (http://www.forbes.com/sites/nathanvardi/2014/03/26/high-times-inside-the-pot-stock-bubble/) and to turn off any add blocking software your browser may have when you do so.

Kannaway needs all of their affiliates to be as squeaky clean as possible because, in my own humble opinion, the company's interconnected chain of ownerships are dirty from the inside. And for as lax as OTCBB stock reporting requirements are, real income numbers are IRS territory and you don't want to screw with them. And the income numbers pretty much suck. They charge more for their core product (CBD rich hemp oil) than their competitors, the number of which are growing. They need MLM level profit margins to bolster company profits, which is why they need a MLM company to sell their product.

BTW, both CannaVest and MJNA stock prices were down sharply today. Another OTC pot related company Growlife Inc had the sale of it's stock suspended by the SEC (http://www.sec.gov/litigation/suspensions/2014/34-71924.pdf). The problem? Less than adequate disclosures and possible price manipulation. That was not in anyway related to MJNA or CannaVest but it has to be a little too close for comfort.

scratchycat

04-14-2014, 04:10 PM

More pimping from FB.

7460

Sure would like to know just how much they actually made??

Fat City, LA

05-13-2014, 09:04 PM

Kannaway - The Launch - Video 6 (http://countdowntokannaway.com/Denver_Video6/7201193)

Reminds me of the 'Ripplin' kick off events. How did that go?

We know they used microjobs to buy 10k members then advertised- "How could 10k new members be wrong?"
Lots of sheep fleecing coming up.

scratchycat

05-14-2014, 11:07 AM

Looks like my quick reference on latest scams is now listed as "past" Brand Ambassador for Kannaway. The conference scheduled in Atlanta for Memorial Day probably cost a fortune to attend, speculation on my part but based on prior knowledge of these kind of events. This seems to be the latest happening:

Qkadoo™ - Home (http://www.qkadoo.com/)

No idea what it is supposed to do.

Just confirms what I already knew - hop on the latest train for a trip to steal from your "friends".

busttheblock

05-14-2014, 12:24 PM

scratchycat

05-16-2014, 01:20 PM

I wouldn't be caught dead at one of these moronic events!

I totally agree!! They want to steal your cash.

NikSam

05-19-2014, 09:33 AM

SEC.gov | SEC Warns Investors About Marijuana-Related Investments Amid Recent Trading Suspensions (http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541842876)

littleroundman

05-19-2014, 10:00 AM

SEC.gov | SEC Warns Investors About Marijuana-Related Investments Amid Recent Trading Suspensions (http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541842876)

http://imageshack.com/a/img835/5674/1adn4.jpg

River Valley Pharmz

06-07-2014, 07:06 AM

fyi...I registered here just to comment on this. Nice piece and very informative on a bunch of different levels.....

GlimDropper

05-11-2015, 09:31 PM

OK, where to start.,....

Despite all the perfectly valid evidence to the contrary Kannaway is not in fact dead. My proof? Well when it was originally founded Kannaway was owned by a company called General Hemp (GH). GH's is a privately held company with almost no public disclosure, the owner of record was Stewart Titus but court documents have indicated that a significant portion was owned by Micheal Llamas. Llamas is currently facing fraud charges from the Lee Loomas ponzi scheme (http://www.fbi.gov/sacramento/press-releases/2012/roseville-wealth-adviser-lee-loomis-arrested-for-fraud-schemes). That indictment and pending trial is why Micheal llamas is no longer the President of Medical Marijuana Inc (MJNA), but he directly and indirectly (through his ownership of H.D.D.C.) controls more shares of MJNA stock than anyone else. MJNA creates the products that Kannaway sells.

Kannaway by all rights should be dead. They never provided anything even approaching customer product value and instead resorted to what almost all modern MLMs try to do, sell the opportunity, commodify affiliate purchases and bleed their members dry. Their Alexa numbers have fallen through the floor (and seem to have started digging), their facebook activity is near non existent and they haven't uploaded a video to their YouTube account in months. Add to this former "field leader" Seth Fraser recently left kannaway to start a pyramid scheme (http://www.realscam.com/f9/pro-travel-plus-protravelplus-com-4039/) and he seems to have taken some high, low and middle level "leaders" from Kannaway with him.

Forgive the formatting on this document (https://www.dropbox.com/s/rogj1znjxlgqovx/24-17.pdf?dl=0), it isn't my fault. That is a private "Fairness Opinion" written by Houlihan Capital address the fairness of a sales price of Kannaway from General Hemp to MJNA. First it's important to point out one thing:

10551

Houlihan Capital was not being paid to investigate the valuation of Kannaway for themselves, they were being paid to take the information Kannaway and MJNA supplied them with and base their report on that.

Let's be clear here, Kannaway has not generated a positive net income since last summer. It has been bleeding money and affiliates for a similar period of time. All of their 2014 "holiday special" promotions yielded a bit over nine grand in gross sales. Even by the unaudited information provided by Kannaway to Houlihan Capital Kannaway grossed just over $420K in 2014. And General Hemp is selling Kannaway to MJNA for $80 million dollars worth of MJNA stock at a 25% discount based on the average sales price of the stock for a ten day period prior to the deal being finalized. I don't know if that has happened yet, I put out some feelers to find out but came up short. When I first saw the document linked above it would have amounted to about 960 million shares, about doubling the number of MJNA shares outstanding but if it was based off of today's closing price (a new 52 week low) the number of shares would be north of 1.5 Billion.

So why in the hell would a publicly traded company (even if it is only pink sheet trash) more than double the number of shares in circulation to acquire a failed and MLM company? Wrong question. A majority share holder (and perhaps soon to be convicted fraudster) is selling that MLM company to MJNA shareholders and just to be sure the deal goes down without a hitch his General Hemp business partner (Titus) was just appointed to MJNA's board of directors. But Llamas and Titus are either doubling or more than doubling the total number of MJNA shares and putting them in their pockets. Oh, and this is a fun fact, Kannaway is facing a trademark lawsuit and if they were have lost that suit Llamas and Titus would be on the hook for any damages but now those potential damages are MJNA's share holders problem.

The least sleazy and potentially fraudulent aspect of Medical Marijuana Inc. is their MLM division. Now ain't that a kick in the head. But this means that Llamas and Titus need to keep pissing money to keep Kannaway afloat for the foreseeable future. They could be facing possible securities violations if they didn't.