Archive for the ‘Press Releases’ Category
Medical Marijuana Inc Executives Spread out Coast to Coast This Weekend for Speaking Engagements
FOOTHILL RANCH, CA — (Marketwire) — 04/15/10 — Medical Marijuana Inc (PINKSHEETS: MJNA) is proud to announce that our Chairman Bruce Perlowin is a featured speaker at the 1st annual Aspen Cannabis Crown on April 17 & 18 in Aspen, Colorado. Mr. Perlowin will elaborate on the commercial opportunities offered by Medical Marijuana Inc.
In Aspen Colorado, what was planned as a small competition, hoping to draw fifteen hundred people, nearly doubled expectations with nearly 3,000 tickets sold. Reservations continue to pour in for the two day event that begins on April 17th. Originally planned as a medical marijuana seminar and area growers competition, “The Cannabis Crown” has taken on a life of its own. Visitors from all over the world will gather to witness the judging, hear the seminars on medical marijuana, learn the history, and be entertained. They will also see the latest in products and services and be delighted by bands, comedians, and celebrity speakers. One hundred and forty premier growers will compete for the Cannabis Crown. Even the city is getting into the spirit with a Barb-B-Q and music in the town square followed by a Treasure Hunt. (See: www.cannabiscrown.com).
International Cannabis and Hemp Expo in San Francisco is where Martin Fisher, National Sales Manager of Medical Marijuana Inc’s symposium and licensing division and David Tobias MJNA’s Vice President of Training, in conjunction with our partner Ed Kresty of Holistic Health and Educational Center are promoting our big event in the Midwest being held in Michigan at the Pontiac Silverdome. This MJNA upcoming event is the largest Expo of its kind in the Midwest, The First International Cannabis, Wellness, Harmony Convention – Halloween and Harvest Fest on October 29-31 at the fabled Silverdome in Pontiac, Michigan featuring the best in live music, entertainers, and celebrity guest speakers, and a wide array of exhibitors with 420 booths.
For more information and tickets info please go to www.medicalmarijuanainc.com or www.holistichealthed.com where this information will be posted next week.
MJNA is also invited to speak in Warwick, Rhode Island at the famous “Patients Out of Time” convention April 15 -17. Stuart W. Titus, PhD and head of MJNA’s Medical Products Division will speak on the future of Cannabis Clinics and about the process to research and develop the medicinal, health and wellness benefits of a variety of cannabis-based products in conjunction with other alternative health care modalities.
This triple presentation rounds out this weekend’s national speaking tour with the executive staff of Medical Marijuana, Inc.
Medical Marijuana Educational Seminars
Featured at these venues MJNA will be discussing an entirely New Business Opportunity for anyone wanting to get into the Medical Marijuana industry. These kinds of Expo’s and seminars are filled with people wanting to learn how to enter the Medical Marijuana Business. Therefore, we will be presenting our ground breaking new Medical Marijuana Inc’s Educational Center business opportunity where the licensed Center owner receives a percentage of the ticket sales and a percentage of all products & services offered through them by licensor MJNA.
Pharmacology
Medical Marijuana Inc is developing and acquiring proprietary products for the pharmacological marketplace. The company is instituting medically based research to eventually formulate medical products that can clear the FDA approval process. Though this is a futuristic goal and the medical approval process is a lengthy one, various stages of progress on medicinal properties will be made public over time.
Other Cannabis and Hemp related products that do not require FDA approval are being considered by this new Division of MJNA for public marketing. Progress reports will also be regularly made on the development of these products that may foster health and wellness benefits. All products require certain studies be formally conducted in order to make claims of any benefit so derived and the Company’s Medical Products Division will be so charged with evaluation and study.
Solutions
Medical Marijuana has developed a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that provides the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
Tax Collection
The Stored Value Platform System provides verifiable solutions to manage the difficult task of revenue and taxation collection. The provisional patent pending Stored Value Platform System is further described at: http://www.MedicalMarijuanaInc.com/index/html
Scientific Research and Development
MJNA acquired 20 acres of land in the mountains of Southern California in order to develop a research facility targeting medical cannabis strains specific to a wide range of medical conditions. By diligently developing the most efficacious strains and matching those strains to ailments, such as glaucoma, MJNA is poised as the industry leader in medical cannabis genetic research.
The Hemp Network
In anticipation of MJNA opening an educational facility in Riverside, California, on April 13, 2010, Medical Marijuana, Inc’s Chairman, Bruce Perlowin revealed to the press the unveiling of MJNA’s newest division, “The Hemp Network”, for selling a multitude of hemp products creating another business opportunity for entrepreneurs in this industry. The first dozen of 42 hemp products have already been developed and are set for distribution in June 2010.
About Medical Marijuana Inc
Medical Marijuana Inc (PINKSHEETS: MJNA), the first US public company in the marijuana industry to have its shares traded in the US stock market, recognizes the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought Medical Marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities while engaging in compassionate socio-economic models.
Forward-Looking Disclaimer
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties.
Source: Market Wire (April 15, 2010 – 7:20 AM EDT)
Medical Marijuana Inc Continues the National Educational Symposium Series in the San Diego Convention Center and Previews Its Star Cast of Speakers
FOOTHILL RANCH, CA — (Marketwire) — 03/22/10 — Medical Marijuana Inc (PINKSHEETS: MJNA) is proud to announce the latest of its National Educational Symposium Series at the San Diego Convention Center on March 27, 2010. Featured prominent industry experts include Medical Marijuana Inc Chairman and CEO, Bruce Perlowin, longtime industry expert Don Wirkshafter, registered nurse and manager of THCF in Riverside, California, Lanny Swerdlow, and Americans For Safe Access’ Dan Ruderalis who will comment on recent events in San Diego and other areas. Attendees will have the opportunity to Interact with The Executive Officers of MJNA, who will be present and available for consultation.
Enjoy and educate yourself with a day of segmented Classes, Lectures and Consultations given by Legal Experts, Tax Advisers, Northern California Growers, Cooperative Founders, Medical Marijuana Physicians, Patient Testimonials and Caregivers. Classes on the History of Hemp, Cannabis, Marijuana around the World, the Political Climate and Not for Profit Structuring, Legal Compliance, Cannabis Cultivation & How to Quick Start Your Medical Marijuana Delivery Service.
A Private Screening of “How Weed Won The West” — directed by Kevin Booth the film maker who also produced “American Drug War” will be shown Saturday at 8:00 pm, followed by a SOCIAL NETWORKING EVENT Saturday night from 9:00 to 11:30 PM. To purchase your tickets online go to: http://www.medicalmarijuanaeducationalexpo.com. Tweet us at: http://www.twitter.com/medmarijuanainc
Medical Marijuana Educational Seminars
Additionally we are teaching an entirely New Business Opportunity for Anyone wanting to get into the Medical Marijuana industry. An entrepreneurial opportunity that is faster to get up and running and earning income; and one that is safer than opening a collective dispensary or grow operation with all the shifting laws and unsure and unstable battling political environments.
These kinds of seminars are filled with people wanting to learn how to enter the Medical Marijuana Business. Therefore, we will be presenting our ground breaking new Medical Marijuana Inc Educational Center Business Opportunity where the licensed Center owner receives a percentage of all tickets, products & services offered through them by licensor MJNA.
Recent events in the political climate in Las Vegas have made it challenging to hold a proper educational seminar there. For the time being, until Las Vegas takes a more positive stance in this area, and we have by ended our agreement with our current partner there, with plans to hold off the seminar for now.
Solutions
Medical marijuana has developed a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that provides the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
Tax Collection
The Stored Value Platform System provides verifiable solutions to manage the difficult task of revenue and taxation collection. The provisional patent pending Stored Value Platform System is further described at: http://www.MedicalMarijuanaInc.com/index/html
Scientific Research and Development
MJNA acquired 20 acres of land in the mountains of Southern California in order to develop a research facility targeting medical cannabis strains specific to a wide range of medical conditions. By diligently developing the most efficacious strains and matching those strains to ailments, such as glaucoma, MJNA is poised as the industry leader in medical cannabis genetic research.
Medical Products Division
Medical Marijuana Inc plans to explore the development of proprietary products into the pharmacological marketplace. The company plans to institute medically based research to eventually formulate medical products that will withstand the FDA approval process. Though this is a futuristic goal and the medical approval process is a lengthy one, various stages of progress on medicinal properties will be made public over time.
Other products that are perhaps less “medical” in nature will also be considered by the Division for public marketing. Progress reports will also be regularly made on the development of products that may foster health and wellness benefits. All products require certain studies be formally conducted in order to make claims of any benefit so derived and the Company’s Medical Products Division will be so charged with evaluation and study.
About Medical Marijuana, Inc.
Medical Marijuana Inc (PINKSHEETS: MJNA) the first US public company in the cannabis industry to have its shares traded in the US stock market, recognizes the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought Medical Marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities while engaging in compassionate socio-economic models.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medical Marijuana Inc to be materially different from the statements made herein
BREAKING NEWS: High court throws out medpot limits; keeps voluntary ID program
The California Supreme Court today upheld a state appeals court ruling that voided California’s medical marijuana growing restrictions, calling them unconstitutional.
Anticipated widely as “the Kelly decision,” in effect it also voids Mendocino County’s Measure B which enacted the state limits – 12 immature plants or six mature plants and 8 ounces of dried marijuana – as the county’s growing and possession limits.
The court kept alive the voluntary ID card system for patients agreeing to limit themselves.
At issue is Prop. 215, the Compassionate Use Act which legalized medical marijuana in California in 1996. The CUA did not limit the amount of marijuana a patient could grow or possess except to a reasonable amount consistent with the patient’s medical needs.
After several years of confusion over how much marijuana was reasonable for a patient, the California legislature enacted SB 420 the Medical Marijuana Program which enacted a voluntary identification card system in which patients could agree to limit their growing and possession of marijuana in exchange for protection against arrest. The CUA does not protect patients from arrest, it only provides a defense in court after the fact. While the legislation enacted discusses a voluntary program, it went further to define all patients – with or without ID cards – as subject to the new limits.
A medical marijuana patient, Patrick Kevin Kelly, arrested in Southern California with 12 ounces of dried marijuana and seven marijuana plants appealed his conviction and today’s decision is the result.
Kelly argued that the state had no authority to place limits on the CUA’s provisions because that was amending a constitutional amendment (the CUA) by legislation (SB 420) which is not allowed in the state of California without a vote of the people.
In today’s decision the Supreme Court agreed and threw out the mandatory limits imposed by SB 420.
However, the court left intact the voluntary nature of the ID card system whereby patients – if they choose – can get protection from arrest by voluntarily limiting their growing to the six mature, 12 immature plant figures and possession to eight ounces of dried marijuana. Since the program would be voluntary, the court argued, it does not change the CUA but enhances it.
Committee passes marijuana legalization bill, but bill dies
By Steven Harmon
Contra Costa Times
Posted: 01/12/2010 01:24:04 PM PST
SACRAMENTO — California lawmakers took a historic first step toward legalizing marijuana when an Assembly committee approved legislation that would put the drug on the open market as a regulated and taxed product.
Almost simultaneous with the passage, however, the bill died — for now. With a Jan. 22 deadline nearing for approving legislation from last year and no agreement to take it up in the Health Committee, where it must go before it reaches the Assembly floor, the author of the bill, Assemblyman Tom Ammiano, D-San Francisco, has vowed to reintroduce it.
“This is a significant vote because it legitimizes the quest for debate, legitimizes the quest for discussion,” Ammiano said. “This is far from over. Not only did we get it out of public safety, but members are now willing to say, yes, this is worthy of discussion.”
Advocates hailed the narrow passage of the bill, AB390 — it was approved by the Assembly Public Safety Committee on a 4-3 vote — as a major breakthrough that will lead to a national legalization movement.
“This is the formal beginning of the end of marijuana prohibition in the United States,” said Stephen Gutwillig, director of the Drug Policy Alliance Network.
The legislation, AB390, drew fierce opposition from law enforcement groups and anti-drug advocates, who said it would empower drug cartels, make it more available to youths and send the wrong message about drug tolerance.
“We’re going to legalize marijuana and tax it and then educate our kids about the harms of drugs? You gotta be kidding me,” said Assemblyman Danny Gilmore, R-Hanford, a retired CHP officer of 30 years. “This is a classic example of the slippery slope. What’s next? Are we going to legalize methamphetamines or cocaine?”
Ammiano dismissed what he described as “alarmist” views of opponents, saying the state should take heed of the growing movement in California toward legalization. A group has collected enough signatures to place legalization on the November ballot, and Ammiano and others said it was important that lawmakers control the details of the policy.
The bill would remove all penalties in California law on cultivation, transportation, sale, purchase, possession, or use of marijuana, natural THC, or paraphernalia for persons over the age of 21.
Reach Steven Harmon at 916-441-2101.
N.J. lawmakers OK medical pot
TRENTON, N.J., Jan. 11 (UPI) — Both houses of the New Jersey Legislature Monday approved a measure allowing medical marijuana (OOTC:MJNA) use and the governor has said he will sign the bill.
The Assembly approved the bill 48-14 and the Senate voted 25-13 in favor, The (Newark, N.J.) Star-Ledger reported. Gov. Jon Corzine has said he would sign the measure before leaving office Jan. 19, the newspaper said.
The “Compassionate Use Medical Marijuana” bill is scheduled to take effect in six months. While it would make New Jersey the 14th state to legalize the use of marijuana for medical purposes, its backers said during the legislative debate it would be the toughest medical marijuana law in the United States, the newspaper said.
New Jersey residents would not be permitted to cultivate their own marijuana and criminal background checks would be required for designated care givers to acquire pot on behalf of severely ill patients.
One of the measure’s sponsors, Assemblyman Reed Gusciora, said New Jersey should not “make criminals out of our very sick and terminally ill.”
“It does not make sense for many of New Jersey’s residents to suffer when there is a viable way to ease their pain,” Gusciora said. “But this is a responsible bill with enough oversight to prevent the abuses that have been reported in other states.”
An opponent of the measure, Assemblyman John Rooney, said there were “too many loopholes.”
“There are other drugs,” he said. “There are many ways to relieve pain.”
Source: UPI (January 11, 2010 – 10:01 PM EST)
News by QuoteMedia
Medical Marijuana Incorporated Unveils a Sampling of Its All Star Cast of Industry Speakers to Appear at Upcoming National Educational Expo in the Los Angeles Convention Center
LOS ANGELES, CA, Jan. 5, 2010 (Marketwire) –
LOS ANGELES, CA — (Marketwire) — 01/05/10 — Medical Marijuana Inc (PINKSHEETS: MJNA) is proud to announce the launch of its first National Educational Expo at the Los Angeles Convention Center, Theatre Room on January 16 & 17, 2010. Featured prominent industry experts and celebrities include the former NORML Director and current CFO of Cannabis Science, and the founder, editor, & publisher of Marijuana News, Richard Cowan; and Medical Marijuana Inc Chairman, Bruce Perlowin. Special guest speaker and long suffering marijuana defendant, Robert Platshorn, author of “The Tuna Diaries” (featured in “The 35 Year Anniversary Issue of High Times Magazine”) will regale you with tales of smuggling, federal court trial and “doing hard time” (3 decades in prison). Bobby’s post release commitment to changing public opinion through education and information is engaging. Interact with The Executive Officers of MJNA, including the Director of Investor Relations, who will be present and available for consultation.
Enjoy and educate yourself with two days of segmented Classes & Workshops given by Law Makers, Tax Advisers, Northern California Growers, Cooperative Founders, Medical Marijuana Doctors, Patient Testimonials, Caregivers and Certified Addiction Therapist(s). Classes on the History of Hemp, Cannabis, Marijuana around the World, the Political Climate and Not for Profit Structuring, Legal Compliance, Cannabis Cultivation, How to Quick Start Your Medical Marijuana Delivery Service, Alchemy, Trademark & Patent filing, Franchising, Barter, Where to find The Best Products to Cultivate and Deliver the Benefits of Medical Cannabis.
A Private Screening of Jack Herer’s recent documentary “The Emperor Wears No Clothes” based on his book about the history and uses of Hemp will be shown Saturday at 8:00 pm in the LA Convention Center Theatre, followed by a SOCIAL NETWORKING EVENT, featuring the diverse musical talent of DJ Dre Ghost – Presenting “THE HEMP CHRONICLES” along with other performing artists Saturday night from 9:00-Midnight.
To purchase your tickets online go to http://www.medicalmarijuanaeducationalexpo.com/
Tweet us at http://www.twitter.com/medmarijuanainc
Medical Marijuana Educational Seminars
Additionally we will be launching and teaching an entirely New Business Opportunity for Anyone wanting to get into the Medical Marijuana industry that until recently did not exist. An entrepreneurial opportunity that is faster to get up and running and earning income; one that is safer than opening a collective dispensary or grow operation with all the shifting laws and unsure and unstable battling political environments, and one you can open in any state regardless of where that state is in the legalization process.
These kinds of seminars are filled with people wanting to learn how to enter the Medical Marijuana Business. Therefore, we will be presenting our ground breaking new Medical Marijuana Institute Educational Center business opportunity where the licensed Center owner receives 60% of the ticket sales and a percentage of all products & services offered to them by licensor MJNA. You can extrapolate what your earning potential could be and how many Medical Marijuana Institute Educational Centers will open in cities All Across America in 2010.
Solutions
Medical Marijuana has developed a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that provides the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
Tax Collection
The Stored Value Platform System provides verifiable solutions to manage the difficult task of revenue and taxation collection. The provisional patent pending Stored Value Platform System is further described at: http://www.MedicalMarijuanaInc.com/index/html
Scientific Research and Development
MJNA acquired 20 acres of land in the mountains of Southern California in order to develop a research facility targeting medical cannabis strains specific to a wide range of medical conditions. By diligently developing the most efficacious strains and matching those strains to ailments, such as glaucoma, MJNA is poised as the industry leader in medical cannabis genetic research.
About Medical Marijuana, Inc.
Medical Marijuana Inc (PINKSHEETS: MJNA) the first US public company in the cannabis industry to have its shares trade in the US stock market, recognizes the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought Medical Marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities while engaging in compassionate socio-economic models.
Forward-Looking Disclaimer
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties.
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Contact:
Email Contact
www.MedicalMarijuanaInc.com
Medical Marijuana Incorporated Endorses President Obama’s Signing of a Federal Law Removing Restrictions on the Use of Medical Marijuana in the Nation’s Capitol; Medical Marijuana Inc Rolls Out Full Scale Educational Seminars in January 2010
LOS ANGELES, CA, Dec. 21, 2009 (Marketwire) –
LOS ANGELES, CA — (Marketwire) — 12/21/09 — Medical Marijuana, Inc. (PINKSHEETS: MJNA) endorsed today the unprecedented act of President Obama signing into federal law the removal of restrictions on the use of medical marijuana in the nation’s capitol, which underscores MJNA’s foresight in becoming the first US public company to emerge, providing solutions to this revolutionary growth industry.
On Thursday, December 10th, the U.S. House of Representatives approved a $1.1 trillion omnibus spending measure which included a measure that provides federal funding for the District of Columbia’s medical marijuana program. This was quickly followed in an unusual Sunday vote of the Senate. Although the District’s citizens had overwhelmingly approved the use of medical marijuana in a referendum in 1998, it had been languishing due to restrictions placed on it by Congress. A House-Senate conference committee agreed to remove a handful of controversial, long-standing riders from the D.C. budget, including language that had effectively banned medical marijuana use (the so-called “Barr Amendment”).
In acknowledgement of this ground breaking enactment and in furtherance of its continuing vision, Medical Marijuana Inc is pleased to announce the Nationwide Launch of its Educational Seminar series beginning Jan 16 & 17, 2010 in Los Angeles, CA. Tickets can be acquired via http://MedicalMarijuanaInc.com
Don’t miss our educational seminars with great speakers who are industry leaders and insiders. A wide range of topics will be addressed in a formal but fun and entertaining way. Topics include legalization, decriminalization, compliance solutions, business models, opportunities, medicinal benefits, debunking marijuana myths, simple home gardening techniques, green agricultural technologies and much more.
Solutions
Medical Marijuana, Inc. has developed a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that will provide the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
Tax Collection
The Stored Value Platform System will provide verifiable solutions to manage the difficult task of revenue and taxation collection. The provisional patent pending Stored Value Platform System is further described at: http://MedicalMarijuanaInc.com/index/html
Scientific Research and Development
MJNA acquired 20 acres of land in the mountains of Southern California in order to develop a research facility targeting medical cannabis strains specific to a wide range of medical conditions. By diligently developing the most efficacious strains and matching those strains to ailments, such as glaucoma, MJNA is poised as the industry leader in medical cannabis genetic research.
About Medical Marijuana, Inc.
Medical Marijuana, Inc. recognizes the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought Medical Marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities while engaging in compassionate socio-economic models.
Forward Looking Disclaimer
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties.
For Information on our National Seminar Series please email: info@MedicalMarijuanaInc.com
For Investor Relations information please email: InvestorRelations@MedicalMarijuanaInc.com
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Contact:
Email Contact
www.MedicalMarijuanaInc.com
Medical Marijuana, Inc. Secures Land for Medical Cannabis Research & Development
LOS ANGELES, CA, Dec. 11, 2009 (Marketwire) –
LOS ANGELES, CA — (Marketwire) — 12/11/09 — Medical Marijuana, Inc. (PINKSHEETS: MJNA) announces today the purchase of 20 acres of prime mountain valley property in Southern California intended to be used within strict governmental guidelines as a research facility targeting medical Cannabis strains specific to a wide range of medical conditions.
Today in California, a physician’s medical cannabis recommendation is based on a patient’s evaluation. However, the strain of medical Cannabis to be recommended, dosage and delivery methods must be refined and re-evaluated.
Many medical conditions are accepted by government as medical marijuana treatable. By diligently developing the most efficacious strains and matching those strains to ailments, MJNA will be poised as the industry leader in medical cannabis genetic research.
Solutions
Medical Marijuana, Inc. has developed a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that will provide the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
Medical Marijuana, Inc.’s Turnkey Collective Solution ensures that collectives operate within the guidelines of all laws and regulations. By employing Medical Marijuana, Inc.’s closed loop tracking system, it can be shown to authorities and collectives alike that the source of their supply was an active member of the collective. Medical Marijuana, Inc.’s Regulatory Module provides officials with a comprehensive reporting tool that allows them to remotely audit the industry in real time to ensure regulations are being properly followed. Further, the POS system automatically recognizes the collective’s tax ID number, state and local tax rates and then provides Automated Clearing House settlement of the taxes and routes the amount to the State’s appointed financial institution.
Tax Collection
The Stored Value Platform System will provide verifiable solutions to manage the difficult task of revenue and taxation collection. The “Point of Sale” (POS) system will recognize the dispensary’s tax ID number, state and local tax rates and then provide “Automated Clearing House” (ACH) settlement of the taxes to the proper financial institutions. The ease of access to certifiably secure transactions lessens the risk of loss at each level of the transaction.
About Medical Marijuana, Inc.
Medical Marijuana, Inc. recognizes the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized Marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
Forward Looking Disclaimer
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties.
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Contact:
Medical Marijuana, Inc.
Email Contact
www.MedicalMarijuanaInc.com
Medical Marijuana Inc Continues Development and Completes 1st Stage of the National Rollout of Its Educational Seminars
MARINA DEL REY, CA, Nov. 20, 2009 (Marketwire) –
MARINA DEL REY, CA — (Marketwire) — 11/20/09 — Medical Marijuana Inc (PINKSHEETS: MJNA) announced today they have completed the taping of the Educational Seminar series as the 1st step toward the Seminar program being offered across America in those states where permitted by law. These Seminars will continue to be held in Ukiah, Ca. through the rest of the year.
Noted speakers included Oakland defense attorney James Silva, Mendocino Country Independent Editor Richard Johnson, Aeroponics cultivation expert Wayne Zallen, and MJNA – CEO Bruce Perlowin. The panel focused on current California laws and ordinances. Cultivation techniques and environmental sensitivity and solutions regarding the broad based tax solution that MJNA offers were explained in depth and unanimously agreed upon as paving the future for Medical Marijuana.
MJNA business protocol modules include Marketing, Accounting and Tax Compliance. Other modules include Trademarks and Patents, barter and their relevance to Medical Marijuana. Special attention is given to compliance issues related to extended Caregiver and Co-Op models. How-to instructions from some of the best Cannabis growers, use of Cannabis in the kitchens, legal experts, journalists and business professionals have enabled an unprecedented course of informational dialogue to move forward weekly.
Online enrollment can be accomplished at www.medicalmarijuanainc.com
Solutions
Medical Marijuana Inc has developed a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that will provide the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
ABOUT MEDICAL MARIJUANA INC
Medical Marijuana Inc recognizes the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
The growing amount of states that have legalized the use of medical marijuana have yet to establish a system for the legalized commercial production and sale of the medicine. It is likely that other states will follow California’s basic lead as the Golden State more specifically defines the regulations and protocols that are shaping the supply-side of the legal medical marijuana sector.
For further details on Medical Marijuana Inc contact:
Email Contact
www.medicalmarijuanainc.com
Medical Marijuana Inc Completes First Income Producing Educational Seminars
Medical Marijuana Inc (PINKSHEETS: MJNA) completed its initial two day weekend Educational Seminar held Saturday and Sunday November 7 and 8 in Ukiah, CA.
Attendees arrived from Oregon, Arizona, and California, including San Francisco and Mendocino County, which is ground zero in the Medical Marijuana debate.
Noted speakers included attorney and hemp expert Don Wirtshafter, Editor of Mendocino Country Journal, Richard Johnson, Airoponics cultivation expert Wayne Zallen, trademark and patent consultant John Blue, MJNA – CEO Bruce Perlowin, and other speakers in various categories in the medical marijuana industry.
The Educational Seminar was well received and recorded on video for future webinar ventures. “This signals the beginning of a new revenue stream as MJNA continues the weekend seminar series in Ukiah — the county seat of Mendocino County — until the end of the year — with an even broader forum on the Medical Marijuana industry, which goes above and beyond the traditional curriculum offered in this arena,” said Bruce Perlowin, the CEO of Medical Marijuana, Inc.
Medical Marijuana Inc.’s educational seminar series continues this weekend at The Discovery Inn located at 1340 State St in Ukiah, CA, beginning at 10 am on Saturday and Sunday, November 14 and 15 and will continue every weekend until year’s end excluding the Thanksgiving and Christmas holiday weeks. Included in this schedule is free Informational Seminars every Tuesday and Thursday night at 7 pm — also at The Discovery Inn.
Attendees will be lectured by scheduled speakers including noted Oakland NORML attorney James Silva, who was in attendance at the oral argument and will elaborate on the pending “Kelly” decision. “Kelly,” in layman’s terms, is a potential ordinance changing the California “plant limitation” a landmark case to be decided in the near future.
Mendocino Country Journal editor Richard Johnson will follow Mr. Silva and engage in a dialogue of topics which will also include the latest and most pertinent California city, county and state ordinances and court cases. MJNA takes pride in staying on the leading edge of consulting, which begins with city council and court decisions, particularly in “ground zero,” Mendocino County.
Cultivation modules will include airoponics, an alternative to outdoor grows, and a potentially integral aspect of Medical Marijuana cultivation as it is accomplished in a closed environment. Traditional hydroponics and outdoor grow modules are also featured at these events.
Business protocol modules will include Marketing, Accounting and Tax Compliance, a detailed view of MJNA’s Tax Remittance Card and Closed Loop Inventory Management Control System, Trademarks and Patents and Barter and their relevance to Medical Marijuana, Extended Caregiver Models for Prop 215 compliance, and Peripheral Industries from Cannabis Kitchens to Cannabis Magazines.
Online enrollment can be accomplished at www.medicalmarijuanainc.com
ABOUT MEDICAL MARIJUANA INC
Medical Marijuana Inc is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medical Marijuana, Inc to be materially different from the statements made herein.
For further details on Medical Marijuana Inc contact:
Email Contact
www.medicalmarijuanainc.com.
Tax Collection
The Stored Value Platform System will provide verifiable solutions to manage the difficult task of revenue and taxation collection. The “Point of Sale” (POS) system will recognize the dispensary’s tax ID number, state and local tax rates and then provide “Automated Clearing House” (ACH) settlement of the taxes to the proper financial institutions. The customers of the dispensary are issued a plastic debit card or medical revenue card. The ease of access to certifiably secure transactions lessens the risk of loss at each level of the transaction.
Internal Management
All collectives/dispensaries in the U.S. are cash businesses. This presents a number of challenges. Dispensary owners risk employee theft and possible competition for sales with unsupervised employees. Our stored value card also eliminates the risks of carrying cash. For the investor looking to open more than one dispensary, this card allows him the ease of mind of knowing all transactions are accounted for in all of his locations.
Solutions
Medical Marijuana, Inc. is developing a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that will provide the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
ABOUT MEDICAL MARIJUANA, INC.
Medical Marijuana, Inc. is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
Medical Marijuana, Inc. has developed a suite of turnkey business and management solutions for the fledgling medical marijuana collective industry in California. The growing number of other states that have legalized the use of medical marijuana have yet to establish a system for the legalized commercial production and sale of the medicine. These regions are also strong potential targets for Medical Marijuana, Inc.’s products and services down the road. It is likely that other states will follow California’s basic lead as the Golden State more specifically defines the regulations and protocol that are shaping the supply-side of the legal medical marijuana sector.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medical Marijuana, Inc. to be materially different from the statements made herein.
Source and for More Info:
info@medicalmarijuanainc.com
Medical Marijuana, Inc. – Official Website
Medical Marijuana, Inc. – Twitter
Medical Marijuana, Inc. – MySpace
Medical Marijuana, Inc. – Tax Remittance Card Flier
Medical Marijuana Inc Begins Licensing of Its Patent Pending Tax Remittance Technology
Medical Marijuana Inc (PINKSHEETS: MJNA) has entered into discussions with a publicly traded coffee distribution company for licensing of its patent pending tax remittance solution. Medical Marijuana Inc’s tax remittance technology was originally designed to be industry and product neutral; it can be implemented in any industry. Execution of this agreement will launch phase one of Medical Marijuana Inc’s multi-industry implementation strategy.
Once daily tax remittance becomes standard practice in the medical marijuana industry, government officials are likely to have a strong interest in implementing Medical Marijuana Inc’s patent pending technology across all industries. The windfall to the government could be enormous, with sales taxes being delivered to government coffers on a daily basis versus the currently accepted practice of submitting taxes every ninety days or more.
Tax Collection
The Stored Value Platform System will provide verifiable solutions to manage the difficult task of revenue and taxation collection. The “Point of Sale” (POS) system will recognize the dispensary’s tax ID number, state and local tax rates and then provide “Automated Clearing House” (ACH) settlement of the taxes to the proper financial institutions. The customers of the dispensary are issued a plastic debit card or medical revenue card. The ease of access to certifiably secure transactions lessens the risk of loss at each level of the transaction.
Internal Management
All collectives/dispensaries in the U.S. are cash businesses. This presents a number of challenges. Dispensary owners risk employee theft and possible competition for sales with unsupervised employees. Our stored value card also eliminates the risks of carrying cash. For the investor looking to open more than one dispensary, this card allows him the ease of mind of knowing all transactions are accounted for in all of his locations.
Solutions
Medical Marijuana, Inc. is developing a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that will provide the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
ABOUT MEDICAL MARIJUANA, INC.
Medical Marijuana, Inc. is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
Medical Marijuana, Inc. has developed a suite of turnkey business and management solutions for the fledgling medical marijuana collective industry in California. The growing number of other states that have legalized the use of medical marijuana have yet to establish a system for the legalized commercial production and sale of the medicine. These regions are also strong potential targets for Medical Marijuana, Inc.’s products and services down the road. It is likely that other states will follow California’s basic lead as the Golden State more specifically defines the regulations and protocol that are shaping the supply-side of the legal medical marijuana sector.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medical Marijuana, Inc. to be materially different from the statements made herein.
Source and for More Info:
info@medicalmarijuanainc.com
Medical Marijuana, Inc. – Official Website
Medical Marijuana, Inc. – Twitter
Medical Marijuana, Inc. – MySpace
Medical Marijuana, Inc. – Tax Remittance Card Flier


