Is Kannaway a Pyramid Scheme? Why Does a Tube Cost +$400?
Is Kannaway a pyramid scheme? How does their system work and is it really worth it? Why are their products so expensive? If you are looking for answers to any of these questions, you have come to the right place.
I have a huge knowledge of multi-level marketing and on YourOnlineRevenue.com we have reviewed more than 50 similar companies like Kannaway.
Maybe some of your friends have introduced Kannaway for you. Or you found it on the Internet while looking for interesting business opportunities. No matter how you have found it but I highly recommend spending the next 2 minutes with me to decide whether the program is really worth it.
Type: Multi-Level Marketing. Health Products.
Short Review: Kannaway is an MLM-company selling expensive products and claiming they will change your life. Doesn’t this sound familiar? I have heard the same story from 50 other companies who are working in the same way like them.
If you truly love their products and you are a hardworking person, you may succeed with their system. However, personally, I don’t recommend Kannaway for several reasons (that I explain in my full review). If you are interested in a better business opportunity, I advise taking a look My #1 Recommendation to make money online.
What Is Kannaway?
Kannaway is a multi-level marketing company which was founded in XXXXX. They are selling many marijuana-related products that are supposed to heal you from sicknesses and improve your overall well-being. Probably you have noticed the relation between the names: Kanna Way = Cannabis Way. Probably you know that marijuana is used for some medications.
Kannawyay is still a relatively new company as it was founded only a few years ago. Compared to its competitors in the health industry of network marketing it’s still a baby. Other similar companies are, for example, Melaleuca, Herbalife, Amway and so on. Those companies have been around already for decades.
In my sincere opinion, the ideology of Kannaway is quite shady. Super expensive cannabis products that are supposed to change your life.
Kannaway Products – Overpriced or Life-Changing Products?
Kannaway product prices are insane. They charge hundreds of dollars for little bottles. Of course, they claim that the products are top notch but I wouldn’t be so convinced. Some people claimed they had very little or no effect at all after using these products. Kannaway distributors, naturally, say that they are the best products in the world. Well, I have heard the same story from 100 MLM-programs as well.
The starter pack costs $262,50. It contains:
- Chocolate Energy Chews
- Premium Full Spectrum Caps
- Rev!ve AM
- Rev!ve PM 500 mg
I don’t go in a great detail in analyzing their products in this article because the main focus is on evaluating the business system. But I know that a big part of the effect of Kannaway products is just placebo. When you believe in something strong enough you will feel the effect even though it’s not real.
All the other members are praising the products and telling their testimonials so it’s easy to start believing in them. It’s like a religious cult.
Kannaway Compensation Plan
When you study Kannaway compensation plan they say that you can make income from 9 different sources in the company. In my opinion, they try to make it better than it really is. The reality is that you can make money with Kannaway by doing 2 activities:
- Sell their products.
- Recruit more people to the system.
Then you are able to get bigger bonuses and rewards when you sell and recruit more. Top earners have been in the company for years and they are “master-recruiters”. You need to recruit a lot if you want to succeed with network marketing. That’s one reason why many people don’t like MLM-systems so much.
Now that you know the true nature of this system, I let Kannaway member explain how the system works:
It always sounds so good when some of their highly trained members explain the system. I almost get interested until I remember how the system really works.
Kannaway Reviews & Complaints
You may seen also other Kannaway reviews on the Internet. They give you information how the system and products work. You can roughly divide them into two categories:
- Reviews by Kannaway distributors praising the system and products as much as they can.
- Reviews from other people who see the reality.
You may have noticed that many people claim Kannaway is a complete scam and not worth joining. They say that products have no (or only very little) effect. Still, the company is charging a huge price to rip off their customers.
Kannaway distributors, on the other hand, explain that products are so high quality that paying for them is certainly worth it. Well, all MLM-companies are saying it so there’s anything new here. After talking deeply with many network marketers, they have admitted that products are often expensive so they can make bigger profits.
Is Kannaway a Pyramid Scheme?
Officially Kannaway is not a pyramid scheme. They have real products and they make money by selling them. So, the only money doesn’t come from recruiting more people even though there is a big focus for doing that.
They use a pyramid form. You start from the bottom and move up in the pyramid by recruiting more people and helping your team to recruit more also. Doesn’t it sound like a pyramid scheme? Yes, it does but that’s just how network marketing works. Isagenix, Tupperware and hundreds of other MLM-companies are working with the same principles.
I’m a business-minded person and an entrepreneur by heart. Therefore some people have tried to get me in the world of network marketing. I have often asked why the products are so expensive. Often people have responded that then I could make bigger profits. But what about the customers? I don’t want to make bigger profits if the products really aren’t worth it. In my opinion, the best way is to care for the customer. What do you think?
Kannaway Income Disclosure Statement
I wasn’t able to find their income disclosure statement that would show how earnings divide between members. Probably it’s not public so they don’t want to show it to everyone.
However, I know from experience that top 5% is usually making more money than the rest 95% in total. Based on my researches of ~50 MLM-companies I have found it that usually around half of the people who start this kind of business earn nothing or very little. You need to be exceptional and be willing to work hard to get to the top 5%.
Conclusion – Is Kannaway Worth It?
In my sincere opinion, they are not worth it. I wouldn’t recommend buying their overpriced products just to make their members’ wallets thick. Of course, I am being pretty straight here but I don’t want to take the responsibility that you spend hundreds of dollars and hours just to realize that it was a waste of time.
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Even though I was working in a well-paying job in Austria (and before that in Finland) I noticed that there are even way better opportunities online. I am able to earn more, reach and help more people, learn more and live more. I would have been dumb if I would have skipped this opportunity.
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What are your experiences with Kannaway or other similar MLM-programs?
Do you think they were worth it just a waste of time and money?