What is the main business of Kannaway?

The main business activity of Kannaway focuses on manufacture of oils and fats.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on October 29, 2021.

Where is the headquarters located?

The headquarters is located at: ul. Solec 18, 00-410 Warszawa.

Who is on the management board?

The management board consists of: Robert Alan Wells (Member of the Management Board) and Janne Johan Heimonen (Member of the Management Board).

What is the share capital?

The share capital of the company is PLN 20,000 (approx. $5,402).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2023 to December 31, 2023.

What revenue was generated?

In 2023, the company generated total revenue of $1,136,130, representing a decrease of 73.6% compared to 2022.

Is the company profitable?

No, the company recorded a net loss of $627,042 in 2023. For comparison, in 2022 the loss was $19,466, representing a multi-fold increase in the loss compared to 2022.

Which cost dominates operating expenses?

The largest operating cost category falls under external services. This category amounted to $1,379,939 in 2023, representing 81% of all operating expenses.

Kannawaysp. z o.o.

Manufacture of oils and fats

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2021-10-29

Share capital

20 000,00 PLN

Activity description

Kannaway is a hemp and wellness company that specializes in the development and distribution of CBD products, including the first CBD chewing gum and various cannabinoid-based nutritional supplements. It was the first publicly traded hemp company in the U.S. and has established a global CBD pipeline, making these products available in multiple countries. Additionally, Kannaway collaborates with organizations like the Por Grace Foundation to support families and individuals relying on cannabinoids.

Registered address

ul. Solec 18/B21, 00-410 Warszawa, Poland

Website

kannaway.com

Financials

The financial statement for 2024 has not yet been filed with the Financial Document Repository (past deadline).

Revenue history (in k)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2023.

Results vs industry

Revenue

This companyUSD 1.14mMedianUSD 249.64kAverageUSD 18.34m

Net profit

This companyUSD -627.04kMedianUSD -809.21AverageUSD 7.69k

Operating costs

This companyUSD 1.71mMedianUSD 249.62kAverageUSD 17.18m

Assets

This companyUSD 3.90mMedianUSD 396.13kAverageUSD 7.96m

Industry

Bank accounts

Registered as a VAT taxpayer on 2022-01-01. Active

Citi Handlowy (Bank Handlowy w Warszawie)
72 1030 1335 0000 0008 2241 7500
Citi Handlowy (Bank Handlowy w Warszawie)
75 1030 1508 0000 0008 2241 7002
Citi Handlowy (Bank Handlowy w Warszawie)
91 1030 1508 0000 0008 2241 7005

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

Public aid

No public aid cases recorded in the last 10 years.

Tenders

No recorded participation in tenders.

Authorized Representatives

Robert Alan Wells — Management Board Member

Janne Johan Heimonen — Management Board Member

Manner of representation

Each member of the management board is authorized to make declarations on behalf of the company independently.

Ownership

Owner	Shares	Share value	Stake
Kannaway Usa Lcc	400	$5,402.49	100%

Beneficial owners

Person	Rights
Janne Johan Heimonen (51)	Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5).
Robert Alan Wells (71)	Natural person holding a senior management position (AML Act art. 2(2)(1)(a) indent 5).

Competitors

Selected automatically: mainly by similarity of the business description, plus comparable revenue, industry (PKD code) and location. Only companies with a complete profile (including a logo and financial data) are shown. The list is indicative.

	Name	Revenue	Website
	Hemplabsp. z o.o.	$4,183,749.37	hemplab.pl
	Hempolandsp. z o.o.	$1,473,086.49	hempoland.eu

Change history

Date	Event
2024-04-05	Address change (Podchorążych 71/20, 00-722, Warszawa → Ul. Solec 18/B21, 00-410, Warszawa)
2023-01-20	Address change (Ul. Bukowa 2, 05-850, Szeligi → Podchorążych 71/20, 00-722, Warszawa)
2021-10-29	Entered in the register

FAQ

Last updated: 2026-04-08