Showing posts with label California Medical Marijuana sales. Show all posts
Showing posts with label California Medical Marijuana sales. Show all posts
Saturday, April 10, 2010
Monday, March 29, 2010
Sacramento Seminar Tells How to Go Legal with Medical Marijusana Business
Published in the Sacramento Bee
After he was laid off as a supervisor for a fiber optics company, John Stenner started growing his own marijuana two years ago because he couldn't afford to buy medical pot he uses for pain.
Now proud of his home-grown "Grape Ape" and "Blue Dream" pot strains, he turned out Saturday at a unique seminar on how to get into the legal cannabis business.
He showed up at the Medical Cannabis Sacramento Seminar for three hours of classes on marijuana laws, pot dispensary operations, taxation rules and some tips on how to make nice with the police.
The crowd that filled a small classroom for the $125 seminar included people who grow for themselves and want to become medical cultivators. Others looked to pot as an opportunity for relief from the down economy.
The forum, sponsored by a medical marijuana advocacy group, Crusaders for Patients Rights, drew the likes of Eric Weber, an El Dorado County tomato, cucumber and peach farmer who hopes to turn to a new cash crop.
And there was Don Puglisi, an ex-San Diego County real estate broker who moved to Shingle Springs after the mortgage crisis because "the recession took my business away from me."
Lanette Davis, whose family operates Canna Care medical cannabis dispensary, and lawyer David K. Brock reviewed marijuana case law and guidelines from the state attorney general's office.
They answered questions from Stenner, 42, of Sacramento on how to get a seller's permit – and pay sales tax – and on the rules for transporting weed to the market.
Brock said anyone growing or transporting pot should carry documentation on medical users they serve. And Davis cautioned: "Use common sense. I personally wouldn't have 70 pounds of marijuana in my truck driving down the street. I just wouldn't."
She told a man inquiring about a business license to open a dispensary in Sacramento about the city's moratorium against new pot shops. The city, with 39 registered dispensaries, is considering capping the number at 12 and imposing strict requirements on their operations.
Davis advised would-be medical pot entrepreneurs to follow the law. She suggested that those opening marijuana businesses invite their friendly neighborhood narcotics officers to visit.
"If you're doing everything right and you're proud of it, bring them over," she said.
Stenner, who said he bought books on growing pot, combed the Internet and ultimately learned "by trial and error," said he'll look elsewhere if he can't open a dispensary in Sacramento or in the county.
He said losing his job "forced me to look at another way" to make a living. Having learned to grow his own pot, he said, "I need to make a legal business out of it."
Weber, who treats himself with marijuana for knee surgeries and broken discs from all-terrain vehicle and surfing mishaps, began growing for himself and three others.
He wants to provide pot to dispensaries – or sell it on the open market if California votes in November to legalize marijuana for adults over 21.
"People are going to need good cannabis," he said.
FOR FULL STORY CLICK ON TITLE.......
After he was laid off as a supervisor for a fiber optics company, John Stenner started growing his own marijuana two years ago because he couldn't afford to buy medical pot he uses for pain.
Now proud of his home-grown "Grape Ape" and "Blue Dream" pot strains, he turned out Saturday at a unique seminar on how to get into the legal cannabis business.
He showed up at the Medical Cannabis Sacramento Seminar for three hours of classes on marijuana laws, pot dispensary operations, taxation rules and some tips on how to make nice with the police.
The crowd that filled a small classroom for the $125 seminar included people who grow for themselves and want to become medical cultivators. Others looked to pot as an opportunity for relief from the down economy.
The forum, sponsored by a medical marijuana advocacy group, Crusaders for Patients Rights, drew the likes of Eric Weber, an El Dorado County tomato, cucumber and peach farmer who hopes to turn to a new cash crop.
And there was Don Puglisi, an ex-San Diego County real estate broker who moved to Shingle Springs after the mortgage crisis because "the recession took my business away from me."
Lanette Davis, whose family operates Canna Care medical cannabis dispensary, and lawyer David K. Brock reviewed marijuana case law and guidelines from the state attorney general's office.
They answered questions from Stenner, 42, of Sacramento on how to get a seller's permit – and pay sales tax – and on the rules for transporting weed to the market.
Brock said anyone growing or transporting pot should carry documentation on medical users they serve. And Davis cautioned: "Use common sense. I personally wouldn't have 70 pounds of marijuana in my truck driving down the street. I just wouldn't."
She told a man inquiring about a business license to open a dispensary in Sacramento about the city's moratorium against new pot shops. The city, with 39 registered dispensaries, is considering capping the number at 12 and imposing strict requirements on their operations.
Davis advised would-be medical pot entrepreneurs to follow the law. She suggested that those opening marijuana businesses invite their friendly neighborhood narcotics officers to visit.
"If you're doing everything right and you're proud of it, bring them over," she said.
Stenner, who said he bought books on growing pot, combed the Internet and ultimately learned "by trial and error," said he'll look elsewhere if he can't open a dispensary in Sacramento or in the county.
He said losing his job "forced me to look at another way" to make a living. Having learned to grow his own pot, he said, "I need to make a legal business out of it."
Weber, who treats himself with marijuana for knee surgeries and broken discs from all-terrain vehicle and surfing mishaps, began growing for himself and three others.
He wants to provide pot to dispensaries – or sell it on the open market if California votes in November to legalize marijuana for adults over 21.
"People are going to need good cannabis," he said.
FOR FULL STORY CLICK ON TITLE.......
Tuesday, March 23, 2010
San Diego Medical Marijuana Task Force (MMTF) Meets City Council Wednesday, March 24
On Wednesday March 24, 2010 at 2pm the San Diego City Committee on Land Use and Housing will take up the report from the San Diego Medical Marijuana Task Force (MMTF) as an Action Item.
The committee will be discussing the MMTF Zoning Recommendations and will consider the input of the Community Planning Groups in deciding on what to recommend to the San Diego City Council.
This is one of the last stages in the process of developing guidelines / regulations for medical cannabis dispensing collectives and cooperatives in San Diego before the issue is taken up by the San Diego City Council.
Unlike Los Angeles, in San Diego we are fortunate to have the MMTF weigh in to the Land Use and Housing Commmittee with input from the community and from patients. (Read the Report here: http://docs.sandiego.gov/councilcomm_agendas_attach/2010/LUH_100324_8d.pdf)
Your input and presence at this meeting is critical and most urgently needed. Please mark your calendars and be there. To speak out during both public comment and during the discussion for Item 8.
Let the Land Use and Housing Committee know that San Diegans want safe, reliable access, to the medicine that helps so many. Urge the committee to vote on recommending the San Diego City Council adopt the MMTF Regulations.
AGENDA ITEM DETAILS:
THE COMMITTEE ON LAND USE AND HOUSING OF THE CITY COUNCIL OF THE CITY OF SAN DIEGO
WEDNESDAY, MARCH 24, 2010, AT 2:00 P.M.
COUNCIL COMMITTEE ROOM (12TH FLOOR),
CITY ADMINISTRATION BUILDING
202 C STREET, SAN DIEGO, CALIFORNIA
ITEM-8:
Report from the Medical Marijuana Task Force regarding POTENTIAL LAND USE AND ZONING REGULATIONS FOR MEDICAL MARIJUANA DISPENSARIES
Medical Marijuana Task Force Land Use and Zoning Power Point Presentation: http://docs.sandiego.gov/councilcomm_agendas_attach/2010/LUH_100324_8ppt.pdf
The committee will be discussing the MMTF Zoning Recommendations and will consider the input of the Community Planning Groups in deciding on what to recommend to the San Diego City Council.
This is one of the last stages in the process of developing guidelines / regulations for medical cannabis dispensing collectives and cooperatives in San Diego before the issue is taken up by the San Diego City Council.
Unlike Los Angeles, in San Diego we are fortunate to have the MMTF weigh in to the Land Use and Housing Commmittee with input from the community and from patients. (Read the Report here: http://docs.sandiego.gov/councilcomm_agendas_attach/2010/LUH_100324_8d.pdf)
Your input and presence at this meeting is critical and most urgently needed. Please mark your calendars and be there. To speak out during both public comment and during the discussion for Item 8.
Let the Land Use and Housing Committee know that San Diegans want safe, reliable access, to the medicine that helps so many. Urge the committee to vote on recommending the San Diego City Council adopt the MMTF Regulations.
AGENDA ITEM DETAILS:
THE COMMITTEE ON LAND USE AND HOUSING OF THE CITY COUNCIL OF THE CITY OF SAN DIEGO
WEDNESDAY, MARCH 24, 2010, AT 2:00 P.M.
COUNCIL COMMITTEE ROOM (12TH FLOOR),
CITY ADMINISTRATION BUILDING
202 C STREET, SAN DIEGO, CALIFORNIA
ITEM-8:
Report from the Medical Marijuana Task Force regarding POTENTIAL LAND USE AND ZONING REGULATIONS FOR MEDICAL MARIJUANA DISPENSARIES
Medical Marijuana Task Force Land Use and Zoning Power Point Presentation: http://docs.sandiego.gov/councilcomm_agendas_attach/2010/LUH_100324_8ppt.pdf
Monday, January 25, 2010
State Assembly Committee Passes Bill to Tax and Regulate Marijuana in California
Historic marijuana reform bill is the first time in nation’s history that a state legislative committee has approved proposal to tax and regulate marijuana
SACRAMENTO, CALIFORNIA — Today, in a 4 to 3 vote, the California Assembly’s Public Safety Committee passed A.B. 390, legislation that would tax and regulate marijuana in a manner similar to alcohol. This is the first time in U.S. history that a state legislature has ever passed—or even considered—a proposal to make marijuana legal, taxed, and regulated. A.B. 390, the Marijuana Control, Regulation, and Education Act was authored by Assemblyman Tom Ammiano (D-San Francisco), the chair of the committee.
The bill will not progress any further this year due to the constraints of the legislative calendar but advocates praised today’s vote as a major milestone in ongoing efforts to end marijuana prohibition.
“Today’s vote should give voters confidence that California’s failed and unjust war on marijuana consumers will soon come to an end,” said Aaron Smith, California policy director for the Marijuana Policy Project, who testified before the committee. “It’s an encouraging sign that most members of the committee presiding over the state’s penal code have voted to toss marijuana prohibition onto the ash heap of history.”
SACRAMENTO, CALIFORNIA — Today, in a 4 to 3 vote, the California Assembly’s Public Safety Committee passed A.B. 390, legislation that would tax and regulate marijuana in a manner similar to alcohol. This is the first time in U.S. history that a state legislature has ever passed—or even considered—a proposal to make marijuana legal, taxed, and regulated. A.B. 390, the Marijuana Control, Regulation, and Education Act was authored by Assemblyman Tom Ammiano (D-San Francisco), the chair of the committee.
The bill will not progress any further this year due to the constraints of the legislative calendar but advocates praised today’s vote as a major milestone in ongoing efforts to end marijuana prohibition.
“Today’s vote should give voters confidence that California’s failed and unjust war on marijuana consumers will soon come to an end,” said Aaron Smith, California policy director for the Marijuana Policy Project, who testified before the committee. “It’s an encouraging sign that most members of the committee presiding over the state’s penal code have voted to toss marijuana prohibition onto the ash heap of history.”
Medical Marijuana Inc Continues Development and Completes 1st Stage of the National Rollout of Its Educational Seminars
MARINA DEL REY, CA — (Marketwire) — 11/20/09 — Medical Marijuana Inc (PINKSHEETS: MJNA) announced today they have completed the taping of the Educational Seminar series as the 1st step toward the Seminar program being offered across America in those states where permitted by law. These Seminars will continue to be held in Ukiah, Ca. through the rest of the year.
Noted speakers included Oakland defense attorney James Silva, Mendocino Country Independent Editor Richard Johnson, Aeroponics cultivation expert Wayne Zallen, and MJNA – CEO Bruce Perlowin. The panel focused on current California laws and ordinances. Cultivation techniques and environmental sensitivity and solutions regarding the broad based tax solution that MJNA offers were explained in depth and unanimously agreed upon as paving the future for Medical Marijuana.
MJNA business protocol modules include Marketing, Accounting and Tax Compliance. Other modules include Trademarks and Patents, barter and their relevance to Medical Marijuana. Special attention is 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 weekly.
Online enrollment can be accomplished at www.medicalmarijuanainc.com
Solutions
Medical Marijuana Inc has developed a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that will provide the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
ABOUT MEDICAL MARIJUANA INC
Medical Marijuana Inc recognizes the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
The growing amount of states that have legalized the use of medical marijuana have yet to establish a system for the legalized commercial production and sale of the medicine. It is likely that other states will follow California’s basic lead as the Golden State more specifically defines the regulations and protocols that are shaping the supply-side of the legal medical marijuana sector.
For further details on Medical Marijuana Inc contact:
www.medicalmarijuanainc.com
Noted speakers included Oakland defense attorney James Silva, Mendocino Country Independent Editor Richard Johnson, Aeroponics cultivation expert Wayne Zallen, and MJNA – CEO Bruce Perlowin. The panel focused on current California laws and ordinances. Cultivation techniques and environmental sensitivity and solutions regarding the broad based tax solution that MJNA offers were explained in depth and unanimously agreed upon as paving the future for Medical Marijuana.
MJNA business protocol modules include Marketing, Accounting and Tax Compliance. Other modules include Trademarks and Patents, barter and their relevance to Medical Marijuana. Special attention is 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 weekly.
Online enrollment can be accomplished at www.medicalmarijuanainc.com
Solutions
Medical Marijuana Inc has developed a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that will provide the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
ABOUT MEDICAL MARIJUANA INC
Medical Marijuana Inc recognizes the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
The growing amount of states that have legalized the use of medical marijuana have yet to establish a system for the legalized commercial production and sale of the medicine. It is likely that other states will follow California’s basic lead as the Golden State more specifically defines the regulations and protocols that are shaping the supply-side of the legal medical marijuana sector.
For further details on Medical Marijuana Inc contact:
www.medicalmarijuanainc.com
Medical Marijuana Inc Completes First Income Producing Educational Seminars
Medical Marijuana Inc (PINKSHEETS: MJNA) completed its initial two day weekend Educational Seminar held Saturday and Sunday November 7 and 8 in Ukiah, CA.
Attendees arrived from Oregon, Arizona, and California, including San Francisco and Mendocino County, which is ground zero in the Medical Marijuana debate.
Noted speakers included attorney and hemp expert Don Wirtshafter, Editor of Mendocino Country Journal, Richard Johnson, Airoponics cultivation expert Wayne Zallen, trademark and patent consultant John Blue, MJNA – CEO Bruce Perlowin, and other speakers in various categories in the medical marijuana industry.
The Educational Seminar was well received and recorded on video for future webinar ventures. “This signals the beginning of a new revenue stream as MJNA continues the weekend seminar series in Ukiah — the county seat of Mendocino County — until the end of the year — with an even broader forum on the Medical Marijuana industry, which goes above and beyond the traditional curriculum offered in this arena,” said Bruce Perlowin, the CEO of Medical Marijuana, Inc.
Medical Marijuana Inc.’s educational seminar series continues this weekend at The Discovery Inn located at 1340 State St in Ukiah, CA, beginning at 10 am on Saturday and Sunday, November 14 and 15 and will continue every weekend until year’s end excluding the Thanksgiving and Christmas holiday weeks. Included in this schedule is free Informational Seminars every Tuesday and Thursday night at 7 pm — also at The Discovery Inn.
Attendees will be lectured by scheduled speakers including noted Oakland NORML attorney James Silva, who was in attendance at the oral argument and will elaborate on the pending “Kelly” decision. “Kelly,” in layman’s terms, is a potential ordinance changing the California “plant limitation” a landmark case to be decided in the near future.
Mendocino Country Journal editor Richard Johnson will follow Mr. Silva and engage in a dialogue of topics which will also include the latest and most pertinent California city, county and state ordinances and court cases. MJNA takes pride in staying on the leading edge of consulting, which begins with city council and court decisions, particularly in “ground zero,” Mendocino County.
Cultivation modules will include airoponics, an alternative to outdoor grows, and a potentially integral aspect of Medical Marijuana cultivation as it is accomplished in a closed environment. Traditional hydroponics and outdoor grow modules are also featured at these events.
Business protocol modules will include Marketing, Accounting and Tax Compliance, a detailed view of MJNA’s Tax Remittance Card and Closed Loop Inventory Management Control System, Trademarks and Patents and Barter and their relevance to Medical Marijuana, Extended Caregiver Models for Prop 215 compliance, and Peripheral Industries from Cannabis Kitchens to Cannabis Magazines.
Online enrollment can be accomplished at www.medicalmarijuanainc.com
ABOUT MEDICAL MARIJUANA INC
Medical Marijuana Inc is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
Tax Collection
The 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.
Internal Management
All collectives/dispensaries in the U.S. are cash businesses. This presents a number of challenges. Dispensary owners risk employee theft and possible competition for sales with unsupervised employees. Our stored value card also eliminates the risks of carrying cash. For the investor looking to open more than one dispensary, this card allows him the ease of mind of knowing all transactions are accounted for in all of his locations.
Solutions
Medical Marijuana, Inc. is developing a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that will provide the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
ABOUT MEDICAL MARIJUANA, INC.
Medical Marijuana, Inc. is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
Medical Marijuana, Inc. has developed a suite of turnkey business and management solutions for the fledgling medical marijuana collective industry in California. The growing number of other states that have legalized the use of medical marijuana have yet to establish a system for the legalized commercial production and sale of the medicine. These regions are also strong potential targets for Medical Marijuana, Inc.’s products and services down the road. It is likely that other states will follow California’s basic lead as the Golden State more specifically defines the regulations and protocol that are shaping the supply-side of the legal medical marijuana sector.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medical Marijuana, Inc. to be materially different from the statements made herein.
Source and for More Info:
info@medicalmarijuanainc.com
Medical Marijuana, Inc. – Official Website - www.medicalmarijuanainc.com
Medical Marijuana, Inc. – Twitter
Medical Marijuana, Inc. – MySpace
Attendees arrived from Oregon, Arizona, and California, including San Francisco and Mendocino County, which is ground zero in the Medical Marijuana debate.
Noted speakers included attorney and hemp expert Don Wirtshafter, Editor of Mendocino Country Journal, Richard Johnson, Airoponics cultivation expert Wayne Zallen, trademark and patent consultant John Blue, MJNA – CEO Bruce Perlowin, and other speakers in various categories in the medical marijuana industry.
The Educational Seminar was well received and recorded on video for future webinar ventures. “This signals the beginning of a new revenue stream as MJNA continues the weekend seminar series in Ukiah — the county seat of Mendocino County — until the end of the year — with an even broader forum on the Medical Marijuana industry, which goes above and beyond the traditional curriculum offered in this arena,” said Bruce Perlowin, the CEO of Medical Marijuana, Inc.
Medical Marijuana Inc.’s educational seminar series continues this weekend at The Discovery Inn located at 1340 State St in Ukiah, CA, beginning at 10 am on Saturday and Sunday, November 14 and 15 and will continue every weekend until year’s end excluding the Thanksgiving and Christmas holiday weeks. Included in this schedule is free Informational Seminars every Tuesday and Thursday night at 7 pm — also at The Discovery Inn.
Attendees will be lectured by scheduled speakers including noted Oakland NORML attorney James Silva, who was in attendance at the oral argument and will elaborate on the pending “Kelly” decision. “Kelly,” in layman’s terms, is a potential ordinance changing the California “plant limitation” a landmark case to be decided in the near future.
Mendocino Country Journal editor Richard Johnson will follow Mr. Silva and engage in a dialogue of topics which will also include the latest and most pertinent California city, county and state ordinances and court cases. MJNA takes pride in staying on the leading edge of consulting, which begins with city council and court decisions, particularly in “ground zero,” Mendocino County.
Cultivation modules will include airoponics, an alternative to outdoor grows, and a potentially integral aspect of Medical Marijuana cultivation as it is accomplished in a closed environment. Traditional hydroponics and outdoor grow modules are also featured at these events.
Business protocol modules will include Marketing, Accounting and Tax Compliance, a detailed view of MJNA’s Tax Remittance Card and Closed Loop Inventory Management Control System, Trademarks and Patents and Barter and their relevance to Medical Marijuana, Extended Caregiver Models for Prop 215 compliance, and Peripheral Industries from Cannabis Kitchens to Cannabis Magazines.
Online enrollment can be accomplished at www.medicalmarijuanainc.com
ABOUT MEDICAL MARIJUANA INC
Medical Marijuana Inc is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
Tax Collection
The 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.
Internal Management
All collectives/dispensaries in the U.S. are cash businesses. This presents a number of challenges. Dispensary owners risk employee theft and possible competition for sales with unsupervised employees. Our stored value card also eliminates the risks of carrying cash. For the investor looking to open more than one dispensary, this card allows him the ease of mind of knowing all transactions are accounted for in all of his locations.
Solutions
Medical Marijuana, Inc. is developing a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that will provide the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.
ABOUT MEDICAL MARIJUANA, INC.
Medical Marijuana, Inc. is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding medical marijuana industry. The scientific recognition of marijuana as a powerful medicine, and as an effective, non-narcotic pain reliever, has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities.
Medical Marijuana, Inc. has developed a suite of turnkey business and management solutions for the fledgling medical marijuana collective industry in California. The growing number of other states that have legalized the use of medical marijuana have yet to establish a system for the legalized commercial production and sale of the medicine. These regions are also strong potential targets for Medical Marijuana, Inc.’s products and services down the road. It is likely that other states will follow California’s basic lead as the Golden State more specifically defines the regulations and protocol that are shaping the supply-side of the legal medical marijuana sector.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medical Marijuana, Inc. to be materially different from the statements made herein.
Source and for More Info:
info@medicalmarijuanainc.com
Medical Marijuana, Inc. – Official Website - www.medicalmarijuanainc.com
Medical Marijuana, Inc. – Twitter
Medical Marijuana, Inc. – MySpace
Friday, October 23, 2009
Poll: L.A. Voters Oppose Plan to Close Medical Marijuana Dispensaries
LOS ANGELES — A new poll of Los Angeles County voters reports massive opposition to Los Angeles County District Attorney Steve Cooley’s announced plan for a wholesale shutdown of medical marijuana dispensaries, with only 14 percent backing Cooley’s effort. After Cooley made his statement, Los Angeles City Attorney Carmen Trutanich proposed an ordinance that would effectively shut down all dispensaries in the city.
Asked whether they support or oppose California’s medical marijuana law, including patients’ ability to buy their medical marijuana, 74 percent said they favor it, with 16 percent opposed and 10 percent undecided. Following that question, voters were asked about Cooley’s assertion that all medical marijuana dispensaries in the county are illegal and should be closed. Asked, “Which of one these two alternatives come closest to your view: Prosecute or close all medical marijuana dispensaries in Los Angeles County, or create and enforce uniform licensing requirements and regulations for the operation of medical marijuana dispensaries within Los Angeles County,” 77 percent supported regulation, with only 14 percent backing a large-scale shutdown.
Support for regulating the dispensaries crossed all demographic groups, including a 62 to 30 percent margin among Republicans.
CLICK ON TITLE FOR FULL STORY...
Asked whether they support or oppose California’s medical marijuana law, including patients’ ability to buy their medical marijuana, 74 percent said they favor it, with 16 percent opposed and 10 percent undecided. Following that question, voters were asked about Cooley’s assertion that all medical marijuana dispensaries in the county are illegal and should be closed. Asked, “Which of one these two alternatives come closest to your view: Prosecute or close all medical marijuana dispensaries in Los Angeles County, or create and enforce uniform licensing requirements and regulations for the operation of medical marijuana dispensaries within Los Angeles County,” 77 percent supported regulation, with only 14 percent backing a large-scale shutdown.
Support for regulating the dispensaries crossed all demographic groups, including a 62 to 30 percent margin among Republicans.
CLICK ON TITLE FOR FULL STORY...
Los Angeles could act on medical pot in early November
A proposal to ban all sales of medical marijuana in the city is unlikely to be taken up next week. Aides to Councilman Smith say he supports it and believes it would force most dispensaries to close.
CLICK ON TITLE FOR FULL STORY....
CLICK ON TITLE FOR FULL STORY....
Saturday, October 10, 2009
Kelly McParland: Benign White House unleashes marijuana boom
Anyone with an interest in the debate over medical marijuana might want to keep an eye on California and Colorado, where prospects for the pot business have never been brighter. It’s not far-fetched to suggest a combination of financial need and the Obama administration’s benign neglect could make California the first state to legalize recreational use of marijuana next year.
Without making a big deal of it, the White House has made life a lot easier for pot enthusiasts. Although 13 states have approved the use of marijuana for medical purposes, it remains a crime under federal law, which means you may be free under state law to open a dispensary and start offering various types of pot, but can’t be sure a federal narcotics team won’t bust in and drag you off to jail anyway. If that happens, the U.S. Federal Court won’t let you use the state law in your defence....
Apart from its enthusiasm for liberal social policies -- the more high-profile the better -- California has another, more compelling reason to embrace legalized pot: It’s broke. The state budget is in such a crisis it chopped $15 billion in spending this year, largely on education, and was forced to send out 327,000 IOUs worth $2 billion.
Legalizing marijuana would allow it to be licenced, regulated and -- best of all -- taxed, producing a juicy new revenue stream. It would probably also make it all but impossible for other states to maintain more restrictive laws. With more than 30 million Californians able to fill their baggies at the corner store, attempting to staunch the flow across borders would become an expensive exercise in self-deception.
So the economic crisis may do for potheads what decades of lobbying, protesting and defiance failed to achieve. And if Obama succeeds in pushing though health care reform, marijuana users might even find a way to make him pay for their supply.
National Post
Without making a big deal of it, the White House has made life a lot easier for pot enthusiasts. Although 13 states have approved the use of marijuana for medical purposes, it remains a crime under federal law, which means you may be free under state law to open a dispensary and start offering various types of pot, but can’t be sure a federal narcotics team won’t bust in and drag you off to jail anyway. If that happens, the U.S. Federal Court won’t let you use the state law in your defence....
Apart from its enthusiasm for liberal social policies -- the more high-profile the better -- California has another, more compelling reason to embrace legalized pot: It’s broke. The state budget is in such a crisis it chopped $15 billion in spending this year, largely on education, and was forced to send out 327,000 IOUs worth $2 billion.
Legalizing marijuana would allow it to be licenced, regulated and -- best of all -- taxed, producing a juicy new revenue stream. It would probably also make it all but impossible for other states to maintain more restrictive laws. With more than 30 million Californians able to fill their baggies at the corner store, attempting to staunch the flow across borders would become an expensive exercise in self-deception.
So the economic crisis may do for potheads what decades of lobbying, protesting and defiance failed to achieve. And if Obama succeeds in pushing though health care reform, marijuana users might even find a way to make him pay for their supply.
National Post
If History Repeats - Buy This Stock!
I am a shareholder of MJNA. I have known Bruce Perlowin since the early 90's and worked with him in several of his companies. Bruce is what I call a true pioneer. He gets into an industry early and positions the company as a leader simply by being there first and marketing on a very personal level. While others are still thinking about it, Bruce is already providing solutions.
In the medical marijuana industry, Bruce is called the "King of Pot" because of his historically large enterprise. But this time,he is doing it legally. His company, Medical Marijuana, Inc. provides payment solutions and a tax remittance system. This can help dispensaries to be in full compliance with the current tax laws. In addition, the stored value system provides other functionalities that benefit the dispensaries, such as customer loyalty, cashless transactions and more.
As the debate over medical marijuana heats up, it seems apparent that it is just a matter of time before this prohibition ends and it becomes a booming industry. MJNA has already planted its foot as an industry leader. I recommend to buy this stock while it is still affordable.
Check them out at: http://www.medicalmarijuanainc.com/
In the medical marijuana industry, Bruce is called the "King of Pot" because of his historically large enterprise. But this time,he is doing it legally. His company, Medical Marijuana, Inc. provides payment solutions and a tax remittance system. This can help dispensaries to be in full compliance with the current tax laws. In addition, the stored value system provides other functionalities that benefit the dispensaries, such as customer loyalty, cashless transactions and more.
As the debate over medical marijuana heats up, it seems apparent that it is just a matter of time before this prohibition ends and it becomes a booming industry. MJNA has already planted its foot as an industry leader. I recommend to buy this stock while it is still affordable.
Check them out at: http://www.medicalmarijuanainc.com/
Pinnacle Digest: Looking For Shareholder Opinions On Medical Marijuana's Latest News
Oct 09, 2009 (M2 PRESSWIRE via COMTEX) -- MJNA | Quote | Chart | News | PowerRating -- www.PinnacleDigest.com is a performance-driven online financial magazine and social network with a proven track record. After yesterday's news from Medical Marijuana, Inc. (PINKSHEETS: MJNA | Quote | Chart | News | PowerRating) announcing it continues to execute its business plan with the next step of their Tax Compliance System now in place, our team is inviting all shareholders to their exclusive investor controlled forum. Our staff and members have requested that all Medical Marijuana shareholders join our community and share their thoughts on the company, its development and future outlook. One of the most important aspects when we research for new investments is to understand the sentiment of the current shareholders; that is why we have released this announcement - we want to know your opinion.
Join The Medical Marijuana Investor Discussion Here: http://www.pinnacledigest.com/company/mjna
Join The Medical Marijuana Investor Discussion Here: http://www.pinnacledigest.com/company/mjna
Wednesday, September 30, 2009
Booming Medical Pot Sales Concern Officials
LOS ANGELES — Almost 13 years after California became the first state to allow the sale of marijuana for some medical conditions storefront purveyors of the drug are nearly as easy to find as a taco stand.
Yet police and prosecutors say the law is vague on who can sell pot and in what circumstances. They worry that the state unwittingly created safe havens for drug pushers who are doping the population with immunity.
"They appear to be run by drug dealers who see an opening in the market and a way to make a fast buck," says San Diego district attorney Bonnie Dumanis, who says every pot store her office has looked at is operating illegally.
The tangle of regulations and alleged criminality that has followed in the aftermath of California's first in the nation medical marijuana law is hardly restricted to the Golden State.
Thirteen states, from New England to the Pacific Northwest, have passed laws by ballot or legislative action permitting marijuana possession for some medical reasons even though the drug is illegal under federal law.
Some, like Rhode Island, where a medical marijuana law passed in 2006, officials are still trying to figure out how to set up places where people can buy the drug. In Colorado, which approved medical marijuana sales in 2000, cities are passing moratoriums to halt the blossoming of marijuana stores. New Mexico's lone non-profit licensed to distribute pot is overwhelmed by demand.
In Washington state, a legal dispute rages over whether the law permits people to just grow their own pot or also buy it from dispensaries.
Stewart Richlin, lawyer for more than 150 medical marijuana collectives in Southern California, says states that legalize medical marijuana must accept the commerce that follows.
"Once we acknowledge patients have a right to cannabis, they have to get it somewhere," he says.
The medical marijuana movement was begun by advocates who say pot can provide relief for a wide range of illnesses, from AIDS to arthritis. Why should people suffer when pot can help, they say?
"It's highly effective in certain circumstances," San Diego physician Bob Blake says.
Critics say a law meant to benefit a relatively few number of patients is being exploited by entrepreneurs who are making big money.
Los Angeles Police Lt. Paul Torrence says the department investigated a clinic in the fashionable Venice area that was doing up to $140,000 in sales a month. In San Diego, where authorities this month shut down 14 medical marijuana sellers, Dumanis said at least one was operating on that scale as well, over $700,000 in six months.
City Council members Janice Hahn and Dennis Zine, in proposing Los Angeles tax medical marijuana sales, point to Oakland, where they say four licensed dispensaries had gross sales of $19.6 million in 2008.
CLICK ON TITLE FOR FULL STORY......
Blog Notes: Apparently, this is a bigger business than anyone really anticipated. With these kinds of sales, it is obvious that this industry is on the verge of exploding. Medical Marijuana, Inc. is providing solutions for both the government and the dispensary owner. Their Tax Remittance Card, allows the taxes to be automatically dispersed into a dedicated account for tax remittance. As the industry evolves Medical Marijuana, Inc. intends to be the market leader in providing quick, easy payment solutions.
Yet police and prosecutors say the law is vague on who can sell pot and in what circumstances. They worry that the state unwittingly created safe havens for drug pushers who are doping the population with immunity.
"They appear to be run by drug dealers who see an opening in the market and a way to make a fast buck," says San Diego district attorney Bonnie Dumanis, who says every pot store her office has looked at is operating illegally.
The tangle of regulations and alleged criminality that has followed in the aftermath of California's first in the nation medical marijuana law is hardly restricted to the Golden State.
Thirteen states, from New England to the Pacific Northwest, have passed laws by ballot or legislative action permitting marijuana possession for some medical reasons even though the drug is illegal under federal law.
Some, like Rhode Island, where a medical marijuana law passed in 2006, officials are still trying to figure out how to set up places where people can buy the drug. In Colorado, which approved medical marijuana sales in 2000, cities are passing moratoriums to halt the blossoming of marijuana stores. New Mexico's lone non-profit licensed to distribute pot is overwhelmed by demand.
In Washington state, a legal dispute rages over whether the law permits people to just grow their own pot or also buy it from dispensaries.
Stewart Richlin, lawyer for more than 150 medical marijuana collectives in Southern California, says states that legalize medical marijuana must accept the commerce that follows.
"Once we acknowledge patients have a right to cannabis, they have to get it somewhere," he says.
The medical marijuana movement was begun by advocates who say pot can provide relief for a wide range of illnesses, from AIDS to arthritis. Why should people suffer when pot can help, they say?
"It's highly effective in certain circumstances," San Diego physician Bob Blake says.
Critics say a law meant to benefit a relatively few number of patients is being exploited by entrepreneurs who are making big money.
Los Angeles Police Lt. Paul Torrence says the department investigated a clinic in the fashionable Venice area that was doing up to $140,000 in sales a month. In San Diego, where authorities this month shut down 14 medical marijuana sellers, Dumanis said at least one was operating on that scale as well, over $700,000 in six months.
City Council members Janice Hahn and Dennis Zine, in proposing Los Angeles tax medical marijuana sales, point to Oakland, where they say four licensed dispensaries had gross sales of $19.6 million in 2008.
CLICK ON TITLE FOR FULL STORY......
Blog Notes: Apparently, this is a bigger business than anyone really anticipated. With these kinds of sales, it is obvious that this industry is on the verge of exploding. Medical Marijuana, Inc. is providing solutions for both the government and the dispensary owner. Their Tax Remittance Card, allows the taxes to be automatically dispersed into a dedicated account for tax remittance. As the industry evolves Medical Marijuana, Inc. intends to be the market leader in providing quick, easy payment solutions.
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