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Medical Marijuana Inc., Corporate Update- Significant Revenue and Net Income Growth 1st Quarter- Division and Corporate Holdings Update
Date:4/4/2013

e seen medical marijuana being legalized in Italy and the Czech Republic, with nearly a dozen more countries in discussion of legalization for medical and\or recreational use. The company has set up a distribution network of pharmacies, clinics, wellness centers and retail stores that will allow us to offer our products to this developing market. 

Canipa has finalized its terms for marketing, sales and manufacturing for 20 plus of its products for the EU and US markets. Of these products, 22 have along with the manufacturing agreements, received EU Certificate of Health Safety Free Sale Certificates. This is one of the most significant developments in the Medical Marijuana Inc. product development. These products will be available through our entire pipeline of distribution and will over the coming quarters cross promote and develop brands for the US\EU markets that address different consumer audiences and demographics.

Additional highlights-

Company launching its corporate and sales sites online. These sites will initially have the EU approved products for sale on them, but will be rapidly focus on integrating our entire portfolio of MJNA products.

The company is in negotiations with senior level political lobbyist in regards to additional product approvals, as well as working with them to educate the regulatory authorities on the use of cannabis based products. The company is actively pursuing with these regulatory authorities the integration of MJNA services in the fields of Seed to sale tracking, compliance, grow technologies, packaging, process, testing and product licensing.  

HempMeds – HempMeds was established to develop online platforms for the marketing and sales of cannabis\hemp based consumer products. The company has been in development of its platform and actively acquiring IP, additional online properties, marketing and awareness partners fo
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