FOOTHILL RANCH, CA--(Marketwire - 03/25/10) - Medical Marijuana Inc (Pinksheets:MJNA - News) is proud to announce the licensing of its clothing line, the future use of hemp paper for its stock certificates, the receipt of payment for consulting services provided to Health Sciences, Inc., and more.
The company entered into an agreement with a small public company (to be named in future press release) that will market a clothing line licensed by MJNA. MJNA shareholders will receive approximately 1 restricted share as a dividend of that OTC Markets company based on each 2 MJNA shares now held by MJNA shareholders.
Chairman Bruce Perlowin stated, "Since HEMP is an important part of the Marijuana industries, using this superior paper helps to emphasize its importance and we will later announce the date when our stock certificates will be available in hemp paper so that shareholders will have the opportunity to order stock certificates from our transfer agent."
Medical Marijuana Inc was also paid 200,000,000 shares (pursuant to SEC Rule 144) of Health Sciences, Inc. (HESG) for Marijuana industry consulting services provided to HESG.
MJNA's licensee will reveal its clothing line at the upcoming San Diego Seminar March 27. To get ahead of the learning curve and join the exploding cannabis industries, buy your tickets to the San Diego Symposium at http://www.medicalmarijuanaeducationalexpo.com/
Medical Marijuana Inc's Symposium on Saturday follows in the footsteps of the San Diego City Council 3-2 vote deciding to pursue a Medical Marijuana Ordinance rather than impose a moratorium on Medical Marijuana dispensaries.
MJNA's Chairman Bruce Perlowin will be interviewed on Saturday at the San Diego Convention Center Symposium by the Latin Television Network, Televisa, the largest media company in the Spanish speaking world. The show will be aired nationally in Mexico on April 8, 2010.
Saturday, March 27, 2010
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