Friday, July 17, 2009

Medical Marijuana, Inc. Expands Internationally To Canada for The Tax Remittance Card

MARINA DEL REY, CA--(Marketwire – July 16, 2009) - Medical Marijuana, Inc. (OTC: MJNA) expands internationally by signing Growers with Gardens in Victoria, British Columbia, Canada.  Medical Marijuana, Inc. has also added five additional collectives in the United States as follows;  Soultree Art of Healing Co-Op in Daly City, California; Netexdive Products in Valley Center, California; Chron Don’s Clinic in Garden Grove, California; Association for Alternative Therapy in Westminster, California; and Better Health Group in San Rafael, California.

Medical Marijuana, Inc. is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding Medical Marijuana market. The Tax Remittance Care and Stored Value Platform System will provide verifiable solutions to manage the difficult task of revenue and taxation collection. The "Point of Sale" (POS) system will recognize the dispensary's tax ID number, state and local tax rates and then provide "Automated Clearing House" (ACH) settlement of the taxes to the proper financial institutions. 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.

1 comment:

  1. As the industry continues to grow, the benefits of Medical Marijuana, Inc.'s product and services offerings will be recognized as an important part in the legalization aspect of the industry from both sides - government and business. At the same time, Medical Marijuana, Inc. plans to give back to the world through donations to various non-profit efforts.