Medical Marijuana Inc is proud to announce that CannaBANK™'s patent pending CBD (Cannabidiol) extraction process will allow for direct infusion of the health and wellness benefits providing CBD's into three new bottled water enhanced beverages. This technology will be used by Medical Marijuana Inc (Pinksheets:MJNA - News) to bottle and distribute these beverages in the world beverage marketplace. Medical Marijuana Inc is reviewing several bids for the distribution rights in Latin America as well as the United States. Bottled drinking water market alone exceeds 8.7 billion gallons (wholesale market $11.2 billion) in the USA and is close approaching the Carbonated Soft Drink market in terms of annual sales. Source: www.bottledwater.org (2008 figures).
CBD-infused water will have all the advantages of traditional pure spring water plus the added health and wellness benefits of CBD. The beverages will be marketed throughout similar distribution channels as bottled drinking water at retail and grocery outlets, so as to be readily available to the general populace in the next few months.
CBD is an extract from cannabis and contains none of the psycho-active ingredients of marijuana, known as THC. CBD has been well studied by major University Medical Research Schools in the United States. One CBD benefit is to reduce DNA damage due to free radical species, anti-aging of neural, CNS, COPD, and other cellular targets. This is described in the United States Health Department Patent # 6,630,507 titled "Cannabis as Antioxidants and Neuroprotectants" (see http://tinyurl.com/6hwwmt) as well as many other research articles published in scientific journals.
Dr. Donald Abrahms, chief of Hematology and Oncology from the University of California at San Francisco, has been researching CBD health benefits for many years and more research is available via the following YouTube link: http://www.youtube.com/watch?v=IHBsxfbgrbY
Aside from Dr Abrahms work, research by the US Government and other top US University Medical Research departments have shown CBD to carry significant benefits. CBD has shown positive as described in the United States Health Department Patent # 6,630,507 results with Parkinson's disease, HIV, Down's Syndrome, Crohn's disease, Rheumatoid Arthritis, Diabetes, Post Heart Operation and Heart patients, including high blood pressure, Alzheimer's and many other conditions. CBD has been shown to be a natural T-cell enhancer.
Three products are currently available from Medical Marijuana Inc's enhanced drinking water beverage line:
CBD-infused water, which has all of the medical benefits of CBD.
THC-free water, which has all of the additional 500 plus natural benefits less THC.
Hemp water, which uses all the direct benefits of hemp extracts.
Medical Marijuana Inc has several additional beneficial beverage lines which will be launched over the next several months.
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Friday, May 27, 2011
Thursday, May 12, 2011
CannaBANK(TM) Transfers 3rd, 4th and 5th Assets to Medical Marijuana Inc -- Announces New 50% Stake in Denver Based Cannabis Marketing Group
Medical Marijuana Inc (Pinksheets:MJNA - News) today received additional assets transferred by CannaBANK™. These assets include CannaBANK's interest in a Riverside County facility containing 10,000 sq feet of facility space. Twenty acres of land are also included in the transfer and plans are in place to add an additional 10,000 sq feet of facility space in the near future. The new 20,000 sq feet of facility space will be the recipient of additional asset transfers, described below.
CannaBANK™ has further announced the transfer of working equipment for the San Bernardino facility in excess of $350,000. The facility will soon be operational and details will be released in the near future. The San Bernardino facility will be a fully functional Wellness Center in the CannaBANK™ domain and will serve critically ill patients.
Medical Marijuana Inc (Pinksheets:MJNA - News) today received additional assets transferred by CannaBANK™. These assets include CannaBANK's interest in a Riverside County facility containing 10,000 sq feet of facility space. Twenty acres of land are also included in the transfer and plans are in place to add an additional 10,000 sq feet of facility space in the near future. The new 20,000 sq feet of facility space will be the recipient of additional asset transfers, described below.
CannaBANK™ has further announced the transfer of working equipment for the San Bernardino facility in excess of $350,000. The facility will soon be operational and details will be released in the near future. The San Bernardino facility will be a fully functional Wellness Center in the CannaBANK™ domain and will serve critically ill patients.
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CannaBANK™ has further announced the transfer of working equipment for the San Bernardino facility in excess of $350,000. The facility will soon be operational and details will be released in the near future. The San Bernardino facility will be a fully functional Wellness Center in the CannaBANK™ domain and will serve critically ill patients.
Medical Marijuana Inc (Pinksheets:MJNA - News) today received additional assets transferred by CannaBANK™. These assets include CannaBANK's interest in a Riverside County facility containing 10,000 sq feet of facility space. Twenty acres of land are also included in the transfer and plans are in place to add an additional 10,000 sq feet of facility space in the near future. The new 20,000 sq feet of facility space will be the recipient of additional asset transfers, described below.
CannaBANK™ has further announced the transfer of working equipment for the San Bernardino facility in excess of $350,000. The facility will soon be operational and details will be released in the near future. The San Bernardino facility will be a fully functional Wellness Center in the CannaBANK™ domain and will serve critically ill patients.
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BullnBear Group Guatemala in Joint Venture With The Hemp Network for New Products
The Hemp Network and CannaBANK Inc's (Pinksheets:MJNA - News) acquisition arm in the United States have joined forces with the BullnBear Group, S.A. of Guatemala City, Guatemala to provide hemp-related products from Guatemala into The Hemp Network's marketing platform. The joint announcement was made today from both San Diego, California (headquarters of CannaBANK) as well as from Guatemala City, Guatemala (home of the BullnBear Group, S.A.).
Guatemala is well known for its textile development and processing facilities but also for its indigenous group of workers who are talented in producing hand-weaved products. The BullnBear group, S.A. is in the process of contracting with a Guatemalan Government Charity program, known as the Cooperatives, who provide employment for these indigenous workers.
The BullnBear Group, S.A. has been selected by The Hemp Network to line up contractual arrangements to have end products manufactured and delivered to facilities in the USA. Here the worldwide efforts of The Hemp Network team will distribute to end consumers.
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Guatemala is well known for its textile development and processing facilities but also for its indigenous group of workers who are talented in producing hand-weaved products. The BullnBear group, S.A. is in the process of contracting with a Guatemalan Government Charity program, known as the Cooperatives, who provide employment for these indigenous workers.
The BullnBear Group, S.A. has been selected by The Hemp Network to line up contractual arrangements to have end products manufactured and delivered to facilities in the USA. Here the worldwide efforts of The Hemp Network team will distribute to end consumers.
FOR FULL STORY CLICK ON TITLE..
CannaBANK Transfers 2nd Asset to Medical Marijuana, Inc.
Medical Marijuana, Inc. (Pinksheets:MJNA - News) is proud to announce that it has been assigned a second asset and management contract from CannaBANK. This second debt-free, income producing asset transferred from the Hemp Deposit & Distribution Corp. (HDDC) d/b/a CannaBANK, Inc. services the needs of health and wellness members in the greater Sacramento area. HDDC purchased the facility and invested an additional amount in excess of $750,000 to bring the facility up to CannaBANK standards. The facility is estimated to generate in excess of $4 million in net profits annually. The facility has been fully operational since January 1, 2011. Operations Director Jordanne Brenkwitz stated, "CannaBANK estimates the creation of 28 new, regional positions and anticipates another 23 to be created during the following two years. The transition has allowed the proprietary concepts that MJNA has been incubating to manifest through the power of CannaBANK."
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Medical Marijuana Inc Completes Merger With CannaBANK
Medical Marijuana Inc. (Pinksheets:MJNA) has completed an agreement with the Hemp Deposit Distribution Corp (HDDC), a Delaware based Co., d/b/a CannaBANK. This agreement calls for shares of MJNA to be issued to HDDC in exchange for assets which include real estate, Intellectual Properties, patents and future acquisitions.
HDDC will assume administrative control and a majority stock position. The current officers and directors of MJNA will be replaced by officers and directors appointed by HDDC. The Hemp Network will remain as an operating division of the Company.
President Donald Steinberg stated, "The people behind CannaBANK are incredible. I am very impressed with the vision and the leadership they are showing. I am proud to turn over corporate leadership to this fine group."
Bruce Perlowin stated, "We feel that the current stockholders will benefit enormously with the new arrangement and we look forward to an extremely productive and lucrative future for everyone involved with MJNA."
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HDDC will assume administrative control and a majority stock position. The current officers and directors of MJNA will be replaced by officers and directors appointed by HDDC. The Hemp Network will remain as an operating division of the Company.
President Donald Steinberg stated, "The people behind CannaBANK are incredible. I am very impressed with the vision and the leadership they are showing. I am proud to turn over corporate leadership to this fine group."
Bruce Perlowin stated, "We feel that the current stockholders will benefit enormously with the new arrangement and we look forward to an extremely productive and lucrative future for everyone involved with MJNA."
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Wednesday, May 4, 2011
CBD Extraction Process Patent Pending THC Free Product Line
Medical Marijuana Inc. (Pinksheets:MJNA - News) and CannaBANK™, in association with SkinAgain® (www.skinagain.com), a Carlsbad, CA-based cosmeceutical firm, are proud to announce a patent filed for extracting cannabinoids (CBD) from cannabis.
Recognizing the potential healthcare benefits of cannabinoids, the United States government successfully filed a patent for CBDs as antioxidants and neuroprotectants that was granted on October 7, 2003 (see http://tinyurl.com/6hwwmt). Cannabidiol, the most specific non-psycho active, beneficial compound had originally been listed in the Federal Register (7372) as a Schedule 1 drug or substance but was notably absent from the list in a Code of Federal Regulations change since April 1, 2010. Some of the benefits stated in the government's patent brief included cannabinoids having antioxidant properties and being useful in treating autoimmune disorders, stroke, Alzheimer's disease, Parkinson's disease and HIV.
CannaBANK™ and SkinAgain® researchers, while undergoing a thorough 'landscape' patent search and discovering that CBDs were removed from the Schedule I list, designed a specific process that would not only extract CBDs, but also remove the Tetrahydrocannabinols (THC) from cannabis, which would result in a form enabling end users to receive the full efficacy of the CBDs without experiencing any of the psychoactive effects caused by THC. The THC-free cannabinoid material will be formulated into capsules, tablets, and topicals. CannaBank expects to release the first CBD-infused products into the marketplace over the next several months.
Recognizing the potential healthcare benefits of cannabinoids, the United States government successfully filed a patent for CBDs as antioxidants and neuroprotectants that was granted on October 7, 2003 (see http://tinyurl.com/6hwwmt). Cannabidiol, the most specific non-psycho active, beneficial compound had originally been listed in the Federal Register (7372) as a Schedule 1 drug or substance but was notably absent from the list in a Code of Federal Regulations change since April 1, 2010. Some of the benefits stated in the government's patent brief included cannabinoids having antioxidant properties and being useful in treating autoimmune disorders, stroke, Alzheimer's disease, Parkinson's disease and HIV.
CannaBANK™ and SkinAgain® researchers, while undergoing a thorough 'landscape' patent search and discovering that CBDs were removed from the Schedule I list, designed a specific process that would not only extract CBDs, but also remove the Tetrahydrocannabinols (THC) from cannabis, which would result in a form enabling end users to receive the full efficacy of the CBDs without experiencing any of the psychoactive effects caused by THC. The THC-free cannabinoid material will be formulated into capsules, tablets, and topicals. CannaBank expects to release the first CBD-infused products into the marketplace over the next several months.
Wednesday, April 20, 2011
Medical Marijuana Inc Announces Share Buy-Back Program -- CannaBANK Opens Training Centers
SAN DIEGO, CA--(Marketwire - Apr 11, 2011) - Medical Marijuana Inc (PINKSHEETS: MJNA) is proud to announce the implementation of a share buy-back program beginning on April 11, 2011. Interested parties may contact investorrelations@medicalmarijuanainc.com
CannaBANK training centers are slated to open in Sacramento, California, San Joaquin County, California and Las Vegas, Nevada within the month of April. Onsite training will include caregiver modules to ensure that trainees are up to the challenges of providing for the healthcare, housing and the safety of patients. CannaBANK will hold their trainees to the highest standards in order to prepare them for challenges such as elderly care and hospice work. Additional training centers to be opened in Arizona, Colorado and Michigan in May.
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CannaBANK training centers are slated to open in Sacramento, California, San Joaquin County, California and Las Vegas, Nevada within the month of April. Onsite training will include caregiver modules to ensure that trainees are up to the challenges of providing for the healthcare, housing and the safety of patients. CannaBANK will hold their trainees to the highest standards in order to prepare them for challenges such as elderly care and hospice work. Additional training centers to be opened in Arizona, Colorado and Michigan in May.
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Medical Marijuana, Inc. to Announce New Management Team
AN DIEGO, CA--(Marketwire - Apr 8, 2011) - Medical Marijuana, Inc. (PINKSHEETS: MJNA) in association with CannaBANK™ is proud to announce the appointment of the Medical Marijuana, Inc. Board of Directors (members to be announced April 15th, 2011) to oversee day-to-day operations, the formation of the CannaBANK Advisory Team to supervise and resolve issues related to compliance and facility management and a new management team ensuring continued smooth operations during this transitional period.
Medical Marijuana, Inc. would also like to pay homage to visionary founder and pioneer Ex-Chairman Bruce Perlowin. Mr. Perlowin, together with Ex-President Donald Steinberg were instrumental in creating the first US publicly traded company in the medical marijuana industry. David Tobias and William Martin, former board members remain as members of the transition team.
"Passing the baton to the next generation of talented young entrepreneurs gives me the greatest hope and confidence in the future of Medical Marijuana, Inc.," Bruce Perlowin stated.
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Medical Marijuana, Inc. would also like to pay homage to visionary founder and pioneer Ex-Chairman Bruce Perlowin. Mr. Perlowin, together with Ex-President Donald Steinberg were instrumental in creating the first US publicly traded company in the medical marijuana industry. David Tobias and William Martin, former board members remain as members of the transition team.
"Passing the baton to the next generation of talented young entrepreneurs gives me the greatest hope and confidence in the future of Medical Marijuana, Inc.," Bruce Perlowin stated.
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Friday, April 1, 2011
Medical Marijuana Inc Enters Into Letter Of Intent to Merge Assets of Hemp Deposit Distribution Corporation
Medical Marijuana Inc (Pinksheets:MJNA - News) is proud to announce the signing of a LOI with Hemp Deposit Distribution Corp (HDDC), a Delaware based Co., d/b/a CannaBANK. HDDC is slated to become a subsidiary of Medical Marijuana Inc (MMI) The LOI calls for an administrative restructure with HDDC being issued a controlling majority of the common stock of the company, the current officers of MMI resigning, and HDDC shareholders electing a new Board. The Hemp Network will remain as an operating division of the Company. MMI will increase the amount of authorized capital shares to accommodate the additional issuance of shares to HDDC based on the assets of the subsidiary (HDDC).
President Donald Steinberg stated, "CannaBANK has shown true leadership and have proven they have the vision to take the medical cannabis industry to the next level. They have provided an opportunity for many others to share in the growth of this new and exciting industry. CannaBANK has management and skill sets in place to set the standards as the industry leader."
Jordanne Brenkwitz, Operation Director of CannaBANK, was equally upbeat saying "The timing is perfect for a strategic move and this merger will allow CannaBANK an increased platform to take transparency, value, education and compliance within the industry to the next level."
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President Donald Steinberg stated, "CannaBANK has shown true leadership and have proven they have the vision to take the medical cannabis industry to the next level. They have provided an opportunity for many others to share in the growth of this new and exciting industry. CannaBANK has management and skill sets in place to set the standards as the industry leader."
Jordanne Brenkwitz, Operation Director of CannaBANK, was equally upbeat saying "The timing is perfect for a strategic move and this merger will allow CannaBANK an increased platform to take transparency, value, education and compliance within the industry to the next level."
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The Hemp Network Provides Update on Industrial Hemp Production
Medical Marijuana Inc (Pinksheets:MJNA - News) announces that its division, The Hemp Network® www.thehempnetwork.com, has made an agreement with a Guatemalan Cooperative for the production and manufacture of Hemp-related products.
The Cooperative in Guatemala has contracted the facilities required to turn our Hemp into finished products including textiles, construction materials, paper products, foodstuffs, shoes, purses, hammocks, and other finished hemp products. All items will be top quality, specialty hand-made goods, not mass produced, in order to further enhance our efforts supporting local communities.
These products will be entirely made by hand. Female artisans will be specially trained to work with hemp. Their salaries will help to make them independent and self-sufficient members of society -- and bring commerce to rural areas that are isolated from major cities. With a variety of goods being produced, there will be education, schools and increased commerce to remote areas. This is a social program endorsed by the Guatemalan Government.
President Don Steinberg stated, "This is not marijuana being grown in Guatemala. This is 'Industrial Hemp,' a product that was cultivated in Guatemala for many years. Guatemalan artisans are noted for fashioning Hemp into fine products that have been available in the world market. Hemp is a plant currently cultivated legally in countries such as Canada and Romania. We are proud to be associated with this project that will bring economic benefit to the fine people of Guatemala."
The Cooperative in Guatemala has contracted the facilities required to turn our Hemp into finished products including textiles, construction materials, paper products, foodstuffs, shoes, purses, hammocks, and other finished hemp products. All items will be top quality, specialty hand-made goods, not mass produced, in order to further enhance our efforts supporting local communities.
These products will be entirely made by hand. Female artisans will be specially trained to work with hemp. Their salaries will help to make them independent and self-sufficient members of society -- and bring commerce to rural areas that are isolated from major cities. With a variety of goods being produced, there will be education, schools and increased commerce to remote areas. This is a social program endorsed by the Guatemalan Government.
President Don Steinberg stated, "This is not marijuana being grown in Guatemala. This is 'Industrial Hemp,' a product that was cultivated in Guatemala for many years. Guatemalan artisans are noted for fashioning Hemp into fine products that have been available in the world market. Hemp is a plant currently cultivated legally in countries such as Canada and Romania. We are proud to be associated with this project that will bring economic benefit to the fine people of Guatemala."
Medical Marijuana Inc Completes Agreement to Import, Grow and Process Industrial Hemp in Guatemala
Medical Marijuana Inc (Pinksheets:MJNA - News) announces that its division, The Hemp Network, has taken the next step to become a leader in the production and distribution of Industrial Hemp. President Don Steinberg stated, "We will now control our involvement in the Hemp Industry by growing Hemp in Guatemala, making that Hemp into hundreds of useable products, and then use our global base of distributors to create awareness of the qualities of Hemp based products."
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