In Sept. of 2015, Medical Marijuana, Inc. became the first company to have cannabis products approved for sale in the U.S. territory of Puerto Rico. This island of 3.6 million is a significant market for CBD hemp oil products like Real Scientific Hemp Oil™ (RSHO™).
The Departmento de Salud (Department of Health) in Puerto Rico approved 12 RSHO™ products through Medical Marijuana, Inc. subsidiary HempMeds® for use in the territory. With the official certificates of approval the Departmento de Salud, RSHO™ products can be sold to Puerto Ricans without a prescription in any pharmacy.
Previously, cannabis products were banned in Puerto Rico, but this began to change in 2014, when Kannaway™ launched in the U.S. territory. Kannaway™ and Medical Marijuana, Inc. hosted their first press conference and live networking event in Puerto Rico, leading to major media coverage about the benefits of cannabis products by national outlets like Telemundo and Univision and locally in newspapers like the San Juan Star. This was the spark needed to begin the conversation surrounding cannabis reform in Puerto Rico.
Then on May 7, 2015, 233 days after Kannaway™ launched their business model on the island, the governor of Puerto Rico, Alejandro Garcia Padilla, officially legalized medical marijuana in response to growing public interest stemming from Medical Marijuana, Inc.’s media push.
The governor of Puerto Rico, Alejandro Garcia Padilla, officially legalized medical marijuana in response to growing public interest stemming from Medical Marijuana, Inc.’s media push
The approval of RSHO™ products opens up the ability of Medical Marijuana, Inc. and HempMeds® to have marketing companies, healthcare providers, pharmaceutical companies, and pharmacies sell these product lines across the island.
HempMeds® and Medical Marijuana, Inc. were quick to develop partnerships on the island, creating a pipeline of cannabinoid hemp oil products for healthcare professionals and pharmacies and signing an exclusive agreement with the largest pharmaceutical distributor in Puerto Rico with 1200 outlets.