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13-Oct-2016 00:40

However, the proposed rule represents a good faith start to narrow the scope of the Proposed FTC Business Opportunity Rule and invite comments from the public to assist in this process.

At the very least, the FTC was unequivocal in its stated intent to exempt the MLM industry, noting in its public statement: On balance, based on this record and its law enforcement experience, the Commission does not believe it is practicable or sufficiently beneficial to consumers to attempt to apply the proposals advanced in this rulemaking against multi-level marketing companies, particularly when considering the burdens upon industry.

Early on into the hour-long broadcast, Hussey introduces the other speakers on the conference.

From left to right along the bottom, the other speakers on the Hangout are: Hussey simply introduces Sugar as the person who is “running the deal” (the Hangout, not Kannaway).

As proposed now, the Business Opportunity Rule would still cover those schemes currently covered by the interim Business Opportunity Rule, and it would expand coverage to include work-at-home schemes.

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The proposal was immediately and strongly criticized by representatives of and experts in the MLM, Direct Sales, Direct Selling, Network Marketing and Party Plan industry.

Kannaway lists an address in California on their website, so presumably this is where they are located.

Details on who is running the company were initially sketchy, as Kannaway’s website domain was registered anonymously on the 7th of January.

Nevertheless, they do call for the opportunity seller to provide purchasers with locations for machines, or with accounts, or clients, and have been covered by the Franchise Rule.

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In April 2006, the Commission proposed a separate Business Opportunity Rule that would cover just business opportunities ventures.

A Kannaway “tonight is not an answers the questions night” Google Hangout held in late February was hosted by Christopher Hussey (credited as Kannaway’s Chief Technology Officer).

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