After promoting its distributor and buyer base information to TranzactCard, Kannaway is now strolling again its “strategic partnership”.

A brand new warning advises distributors to maintain their Kannaway and TranzactCard advertising separate.

Again in July Kannaway gushed constructive in regards to the prospect of its distributors signing up with TranzactCard.

TranzactCard is a good match for you and Kannaway as a result of it supplies further leverage to your prospects and extra revenue potential for you with out interfering along with your Kannaway enterprise.

Earlier this month BehindMLM then discovered govt Invoice Andreoli (proper), who’d solely been with Kannaway for a 12 months, was ditching the corporate alongside together with his “govt staff”.

Following his look on webinars, Andreoli is believed to have accepted an govt place at TranzactCard.

In distinction to its earlier introduced “strategic partnership”, Kannaway has now suggested distributors;

We would like our valued Model Ambassadors to know that Kannaway just isn’t in partnership or affiliated with TZT, LLC, doing enterprise below the identify “TranzactCard”.

Additional we don’t endorse any of the providers or merchandise supplied by TranzactCard.

The explanation for Kannaway’s backflip is unclear. I believe nonetheless it could be right down to a disagreement between Andreoli and Kannaway CEO Tim Scott.

With respect to Kannaway distributors who purchased into the introduced “strategic partnership”;

In case you are contemplating the prospect of collaborating with TranzactCard, Kannaway recommends conducting your individual thorough analysis and due diligence earlier than making any selections.

Please be suggested that every one Kannaway Model Ambassadors should kindly chorus from sustaining or posting any content material associated to TranzactCard in your Kannaway related social media account, as doing so can be a violation of Kannaway’s Coverage [sic] and Procedures.

SimilarWeb tracked simply ~15,000 visits to Kannaway’s web site in September 2023. Guardian firm Medical Marijuana’s inventory value is at half a cent, down from a excessive of 10 cents in February 2021.

Whether or not Kannaway folds or manages to show issues round stays to be seen.

Unusual issues are additionally happening over at TranzactCard. Yesterday the corporate ordered its distributors to delete all promotion materials for unspecified compliance causes.

So far as we all know, TranzactCard stays scheduled to launch on November twelfth.