Tuesday, January 26, 2010

Medical Marijuana Inc Announces Revenue Growth

January 26, 2010: 07:20 AM ET
Medical Marijuana Inc (PINKSHEETS: MJNA) announced today they are on track with the execution of their business plan to expand the Medical Marijuana Educational Seminar Series across America in numerous states where licensees have applied.

Bruce Perlowin, CEO of Medical Marijuana Inc, said, "The successful launch of our National Rollout at the Los Angeles Convention Center shows the desire of people across America and from around the world to be part of this developing industry." Attendees were present from 12 US states and 3 countries. 35 of those present, and many more since, requested licensing agreements to be our seminar partners in their states. Results from those requests will soon be announced. This is a significant revenue generating engine for MJNA as each licensee contributes not only their time and funding costs, but also 40% of ticket sales and payment of an initial fee directly to MJNA based on population in their areas, with the MJNA partner earning 60% of the ticket sales. Licensing fees are more fully explained on the MJNA web site.

MJNA's first collectible tax remittance card (which will be used in collectives in February) was given to each attendee at the Los Angeles seminar.

MJNA business protocol modules include Marketing, Accounting and Tax Compliance. Other modules include California Laws and Ordinances, Trademarks and Patents, with special attention given to compliance issues related to extended Caregiver and Co-Op models. How-to instructions from some of the best Cannabis growers, use of Cannabis in the kitchens, legal experts, journalists and business professionals have enabled an unprecedented course of informational dialogue to move forward.


Our Educational Symposium Series provides insight for anyone interested in entering the emerging Medical Marijuana industry. Lectures are provided by eminent leaders in the legal, business, and agricultural sectors. The next Medical Marijuana Seminar is scheduled for Feb. 27th and 28th in the beautiful city of Las Vegas, Nevada. Tickets for this event are available at www.medicalmarijuanainc.com


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