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PhytoSPHERE Systems, a Medical Marijuana Inc Portfolio Company, to Bring Production Facilities to Europe through Canipa Holdings.
Date:7/25/2012

SAN DIEGO, July 25, 2012 /PRNewswire/ -- Medical Marijuana, Inc. (OTC: MJNA) a leading hemp industry innovator, is pleased to announce that PhytoSPHERE Systems, a portfolio company of MJNA that develops pharmaceutical grade medicinal hemp production facilities, is expanding its production facilities to Europe.  This expansion will be done through MJNA's newly formed portfolio company Canipa Holdings, which has established an office and team in the city of Bucharest, Romania, to handle its European product launch and distribution.

Canipa Holdings has been formed to assist Medical Marijuana Inc.'s expansion and marketing efforts into Europe.  Canipa Holdings will focus its efforts on obtaining European product and marketing approvals for the entire line of Medical Marijuana Inc.'s portfolio of products as well as obtaining various licenses for the production of industrialized varieties of hemp.

About PhytoSPHERE Systems LLC

PhytoSPHERE Systems, LLC is the world's leading cannabinoid based biotechnology company that builds and develops growing, packaging and extraction technologies and deploys them in self-contained, highly efficient state of the art facilities as well as traditional hemp agricultural facilities, for the pharmaceutical and neutraceutical raw ingredients markets.

PhytoSPHERE's highly efficient growth, packaging and extraction technologies provide clients with a compact, safe, pollutant-free facility which will allow them to:

  • Completely control the cultivation environment
  • Greatly increase plant yields that significantly exceed traditional methods
  • Reduce per-unit costs compared to traditional methods by eliminating the use of pesticides, fungicides and herbicides.
  • Produce Pharmaceutical grade extra
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SOURCE Medical Marijuana, Inc.
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