Medical Marijuana Inc Announces Card Processing OTCBB Company to Joint Venture on Patent Pending Tax Remittance Card; Educationa
March 02 2010 - 7:20AM
Marketwired
Medical Marijuana Inc (PINKSHEETS: MJNA) is pleased to announce the
upcoming San Diego Educational Symposium at the San Diego
Convention Center on March 27th with tickets available at:
http://www.medicalmarijuanainc.com. Strong demand continues for our
new Educational Symposiums & Centers and Card Processing Joint
Venture Partner for the Company's patent pending tax remittance
card.
Kyle Gotshalk -- CEO of CMIB stated: "I am looking forward to
our online meeting tomorrow at 11:00 PST. I think the opportunities
for a joint venture between Cannabis Medical Solutions, Inc. 'CMIB'
and Medical Marijuana Inc 'MJNA' for the future are exciting and we
hope we can conclude a contractual agreement this week."
Bruce Perlowin -- CEO of Medical Marijuana Inc said, "This newly
created Symposium licensing business opportunity, for the medical
marijuana industry, has created a coast to coast sensation of
entrepreneurs wanting to enter this area of the industry, as
evidenced by the rapid expansion of seminars now scheduled in San
Diego, Los Angeles, Rhode Island, and Las Vegas with two new
locations coming to Ann Arbor and Grand Rapids, Michigan. This also
signals a new and profitable division of MJNA as other inquiries
are still pouring in with over 175 requests for licensing
agreements in the first 40 days of launching this program. We are
also excited about the potential for our patent pending, tax
remittance card being quickly launched through a subcontract, joint
venture, revenue sharing agreement with the OTCBB Company CMIB. I
also expect to be able to announce exciting advancements in our
scientific research and development division within the coming
weeks."
Martin "Bucky" Fisher -- Newly appointed National Sales Director
for Medical Marijuana Inc's Symposium and Learning Center Licensing
Division said, "The revenue generated by this newly launched
division of our company is significant with MJNA earning revenue
from the licensing agreements themselves, the sales of tickets once
a local licensee picks their venue, sales of products and services
during the events and sales of course material after the events.
With 50 requests in just the last 10 days I've had to expand our
sales team just to keep up with all the potential licensees coming
in."
Medical Marijuana Inc's Educational Symposiums are a
multifaceted approach designed to educate anyone interested in
entering this emerging multibillion dollar industry. MJNA also
offers a complete menu of services including Turnkey Management
Solutions and products and services that can be resold through
city, regional and state partners who team up with us to hold these
Educational Symposiums throughout the country.
Medical Marijuana Inc's Educational Symposiums provide education
on topics that include the history of cannabis, cutting edge
cultivation, current laws and ordinances, tax compliance,
therapeutic uses, caregiver requirements, establishing
dispensaries/collectives, and a vast array of business protocols.
One can sign up for our upcoming Educational Symposiums via our web
site: http://www.medicalmarijuanainc.com.
For those interested in entering into a Medical Marijuana Inc
licensing agreement, please contact us at:
centers@medicalmarijuanainc.com, or come to one of our upcoming
events to see how they are run and the incredible energy and
amazing speakers we feature at these events.
SOLUTIONS
Medical Marijuana Inc has developed a suite of solutions to
deliver an efficient and secure infrastructure for the Medical
Marijuana Industry which provides the tools to industry operators
to effectively manage their business with the confidence that they
are in full compliance.
TAX COLLECTION
MJNA's Stored Value Platform System provides verifiable
solutions to manage the difficult task of revenue and taxation
collection. 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.
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 cannabis 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.
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