Wednesday, April 20, 2011

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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