Medical Marijuana, Inc., dad or mum firm of direct promoting model Kannaway, introduced it has entered into an Asset Buy Settlement with MFINITY, World, LLC, a direct promoting group that promotes pure well being. This settlement is a part of Medical Marijuana’s new development technique that it refers to as “addition through acquisition,” which leans on acquisitions to understand market growth.
MFINITY President Invoice Andreoli will now function President of Kannaway, LLC. Andreoli has a historical past of finishing greater than a dozen profitable acquisitions all through his profession, additional positioning the corporate for future development alternatives.
“This settlement units Kannaway on a brand new and thrilling course: addition through acquisition,” mentioned Blake Schroeder, CEO of Medical Marijuana, Inc. “Our firm is effectively positioned for this mannequin, and we’re keen to construct upon this settlement as a mannequin for the longer term. We’re likewise excited so as to add the MFINITY product line to our portfolio and to welcome the MFINITY model ambassador group to Kannaway as we consider each will improve our price.”
MFINITY’s product line will now be solely bought below the Kannaway model.
