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Medical Marijuana Inc Reviews State of the Industry and Prospects for Future Growth
Date:2/27/2013

ith the recent legalization of medical marijuana in the Czech Republic, Medical Marijuana Inc. is uniquely poised to provide its line of products throughout the country. The Company is well established in the Czech Republic and has been developing beneficial distribution relationships for some time.

In serving the non-marijuana community, the Red Dice Holdings team has developed several dietary and cosmecuetical products under the Dixie Botanicals brand. These products are legally sold within the US and throughout the world.  The Dixie Botanicals products are infused with the Company's unique high concentration Cannabidiol (CBD) hemp oil; ranging from 25mg to 500mg of Cannabidiol (CBD).  The Company expects sales to increase significantly through the development of new sales channels, market awareness and a broader understanding of the health and wellness benefits derived from the Dixie Botanicals products. 

MJNA has spent the past year building its brand and product platform.  Today the Company has the most recognizable name brands in the industry.  The core business focuses on the Dixie brand of products, Wellness Managed Services and CanChew Biotechnologies.  Dixie is expected to have substantial growth through licensing and the acquisition, development and distribution of additional products.  Wellness Managed Services focuses on growth through the acquisition of retail health and wellness facilities and management contracts. CanChew Biotechnologies is purely focused on its "Over the Counter" (OTC) product line, starting its clinical trials and expanding on its patents and intellectual property.

To illustrate the growth potential, Medical Marijuana Inc recently announced in their annual report growth projections for 2013 and 2014.  For 2013, MJNA forecasts revenue to be $47 million with operating cash flows of $32 million and has the potential to increase revenues in 2014 to $155 million with op
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SOURCE Medical Marijuana Inc.
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