Showing posts with label Medical Marijuana sales. Show all posts
Showing posts with label Medical Marijuana sales. Show all posts

Monday, January 25, 2010

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

Friday, October 23, 2009

Commerce Online launches pre-paid debit, ID card for medical marijuana

Palm Beach, Fla., Oct. 21, 2009 -- Commerce Online Inc. (Pinksheets: CMIB - News) (www.commerceonlineinc.com ), a leading company specializing in both bricks and mortar and online merchant payment solutions, today announced the initial launch of a branded, pre-paid debit and ID card for licensed medical marijuana dispensaries and collectives operating within the states of California and Colorado.

"The Commerce branded, pre-paid debit and ID card will be marketed through our new Collective Card Services division, and may be loaded to any denomination of funds through a PCI compliant gateway, via the Internet, POS system or PayPal Account by the member of the collective or medical dispensary . Members of each collective will be provided a card as a registered member. The card will have a photo id, and act as a pre-paid debit card branded and recognized by the collective. Funds may be transferred by the registered user via internet, POS, or mobile phone. In case of theft or loss, the card may be cancelled immediately through an 800 number provided or online. The card will also act as the Collective member's identification having Picture ID, medical id number identifying him/her as a collective member, the collective name, and expiration date of membership. With recent economic issues and more stringent requirements within the banking industry, many Americans may no longer have or qualify for a credit card or checking account to pay for essential needs or medical services and do not want to exchange or carry large amounts of cash to these locations. The Commerce Online "GreenCard" will essentially be the logical choice as a low cost, effective cash alternative to regulated medical marijuana industry", further stated Mr. Gotshalk.

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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.

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Mexican Drug Cartels Threatened by Medical Marijuana Laws in U.S.

The expansion of legalized medical marijuana has caused significant increases in local U.S. marijuana farms, which has resulted in intensified competition with large Mexican drug organizations. About half of the marijuana consumed in the United States is now grown domestically, and often by small “mom-and-pop” farmers. The decentralized nature of domestically grown marijuana has threatened Mexican drug lords in a far more effective manner than the efforts of anti-narcotics programs.

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Full legalization of marijuana would likely put an end to cartel involvement, just as the end of alcohol prohibition in 1933 knocked organized crime out of the business.

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Tuesday, October 13, 2009

Paypal Nixes California NORML Medical Marijuana Listings

Paypal, the well-known internet payment company has told California NORML that it will no longer accept payments to our "type of business" because we accept listing payments from cannabis-recommending physicians.

After years of offering free listings to physicians and collectives at our website http://www.canorml.org, CaNORML began charging a yearly listing fee to cover our costs last year.

PayPal froze CaNORML's account in June, saying that by accepting listing fees from collectives, we were violating their Acceptable Use policy, which says, "you may not use PayPal in the purchase or sale of narcotics." Although narcotics were not being sold over the CaNORML site, we reluctantly agreed to stop accepting listings fees from collectives that dispense medical marijuana, recognizing that even though they are legal under state law, they are illegal under federal law. However, we continued to accept payments online from doctors, attorneys, and members.

Now PayPal has stopped accepting payments from the CaNORML site because we continued to accept listing payments from physicians.

Under a ruling upheld by the U.S. Supreme Court (Conant v. Walters, 2003), physicians have the first amendment right to discuss and recommend medical marijuana for their patients, although they may not distribute it or help patients in finding it. PayPal was informed of this and wrote back, "We are not arguing the legality of this issue; we are simply stating that we have made the business decision to not be involved with this type of business."

Because of its discriminatory policy and disregard of physicians' first amendment rights, CaNORML submits that PayPal is not the "type of business" to be used by those who advocate for human rights. We will file a complaint with the federal banking committee over their practices.

Located in San Jose, California, PayPal was founded in 1998 and was acquired by eBay (California gubernatorial candidate Meg Whitman's company) in 2002.

Complain to: PayPal, 2211 N 1st St, San Jose 95131 - (408) 376-7400

Statement of Paypal's Acceptable Use Policy below:

> Hello,
>
> We appreciate the fact that you chose PayPal to send and receive payments
> for your transactions.
>
> Under the Acceptable Use Policy, you may not use PayPal in the purchase or
> sale of narcotics, steroids, certain controlled substances, products that
> present a risk to consumer safety or drug paraphernalia. PayPal makes such
> decisions after reviewing laws, regulations and other actions by
> governmental agencies, other available evidence, and marketing content
> related to the product.
> The complete Acceptable Use Policy can be found at the following URL:
> http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/ua/use/index_frame-outside
>
> To learn more about the Acceptable Use Policy, please refer to our Help
> Center page here:
> http://www.paypal.com/cgi-bin/helpweb?cmd=_help
>
> We are hereby notifying you that, after a recent review of your account
> activity, it has been determined that you are in violation of PayPal's
> Acceptable Use Policy regarding your sales at
> http://www.canorml.org/prop/collectivetips.html. PayPal cannot be used to
> accept fees for listing information related to marijuana dispensaries,
> delivery services and cannabis physicians.