Kannaway, the direct promoting subsidiary of Medical Marijuana, Inc., has opened a 3,326 sq. foot mixed workplace and warehouse in Johannesburg, South Africa. The brand new facility will enable Kannaway to ship the corporate’s full line of merchandise all through the nation.
“Our strategic choice to make South Africa a big focus for the corporate’s worldwide progress this 12 months comes with huge concepts and even greater execution,” stated Kannaway CEO Blake Schroeder. “This new warehouse will enable us to succeed in extra clients within the area and scale back our working prices.”
The corporate is concentrated on capturing a part of the South African cannabidiol (CBD) market, which the Division of Agriculture, Land Reform and Rural Growth presently values at $1.9 billion, with a job creation estimation of 25,000.
“This new workplace and warehouse is simply our first step to better enlargement all through Africa,” stated Duduzile Mathole, Kannaway Nation Supervisor, South Africa.