Medical Marijuana Inc. (OTCMKTS: MJNA) Announce Efforts By Its Subsidiary Kannaway to Expand to South Africa
Medical Marijuana Inc. (OTCMKTS: MJNA) has announced that its Kannaway subsidiary has commenced efforts to expand operations in South Africa and has appointed Duduzile Mathole as the Country Manager. Kannaway® is a network marketing and sales enterprise that specializes in selling hemp-based botanical goods.
Kannaway South Africa appoints Duduzile Matholes as Country manager
Kannaway CEO Blake Schroeder said, “I am confident that Duduzile will be a great addition to our team and is more than capable of helping us establish and grow our operations in South Africa and throughout the region. We’ve found great success as a Company thus far because of our talented, dedicated team around the world and I know that Duduzile will be a great addition to our team. When I joined the Company in 2016, I could have never imagined the significant international expansion that we’ve achieved and I’m excited about the many new regions we plan to enter in the coming years.”
South Africa Country Manager Duduzile Mathole commented, “It’s an honor to join the Kannaway team and be a part of the larger mission to bring the world free access to the highest-quality cannabis products and cannabis education. Together, we can help keep people who want to use cannabis products safely and bolster the local economy with new business opportunities.”
South Africa CBD market worth $1.9 billion
South Africa’s cannabidiol (CBD) market has exploded in the last year after the country de-scheduled CBD making it legal for citizens to purchase CBD products without needing a prescription since last year. South Africa first legalized cannabis for personal use in 2018. According to recent reports from the Department of Agriculture, Land Reform, and Rural Development, the CBD market in South Africa is currently valued at about $1.9 billion, with the potential of creating over 25,000 jobs and helping in attracting foreign investment.
Duduzile Mathole joins the Kannaway® team with massive direct selling experience. Mathole is equally well-versed in the cannabis industry’s local and regional rules in South Africa and across the continent.