Medical Marijuana, Inc. (OTCMKTS:MJNA) has announced that subsidiary Kannaway® has placed a substantial purchase order from AXIM Biotechnologies (OTCMKTS:AXIM) for its CBD nutraceutical chewing gum.
Kannaway® creating a nutraceutical brand
Kannaway is a lifestyle network offering CBD hemp products. Blake Schroeder, the Chief Executive Officer, said that the subsidiary was proud to work together with AXIM to give customers superior products that offer a quick pre-dosed way to enhance wellness and health through CBD hemp products. The CEO added that the company has plans to create a whole brand revolving around nutraceutical products and they look forward to the progress of the partnership in days to come following a successful launch.
Under the purchase order that Kannaway® the product of interest is the company’s nutraceutical CBD chewing gum. The cannabinoid-based nutraceutical chewing gum contains 10mg of CBD and 50mg full spectrum hemp oil per piece. AXIM Biotechnologies employs its proprietary AXIM Microencapsulation methodology to produce the chewing gum. It used the patented chewing delivery system of AXIM that allows quick and efficient absorption of CBD into the bloodstream via the buccal cavity thus increasing the bioavailability of the cannabinoids in the gum.
AXIM’s largest single order
Speaking on the purchase order the company received from Kannaway®, AXIM Chief Executive Officer, John Huemoeller said that AXIM was excited to partners with one of the largest and accredited direct selling company like Kannaway® to bring their nutraceutical chewing gum to the markets across the globe. The CEO said that the order was the first largest initial order the company had received from a single customer since they began operations. It is a great opportunity for AXIM and it present s a new revenues avenue for the company’s nutraceutical division.
John added that the company’s flagship nutraceutical chewing gum employs the company’s patented chewing gum delivery system for CBD that gives the product an amazing and user-friendly experience. AXIM is confident that the Kannaway® consumers will get value from the product and thus be able to grow their distribution through their network successfully.
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