Cannabis: Is medical marijuana a worthwhile stock market investment?

In recent article published on Cannazine, the differences between the British and the US mindset towards the legalization of Medical Marijuana were observed. The article also looks at several companies that have gone public. One of the companies mentioned, is run by Bruce Perlowin, the King of Pot.

Perlowin's new company Medical Marijuana, Inc., is the first company to go public in this industry (OTC: MJNA). The company offers medical dispensaries and collectives an electronic payment card, which the clients use to buy their cannabis from the dispensary.

This creates a system which the IRS (or even the FBI) can plug into at any time to keep a check on exactly how much trade a dispensary is carrying out, showing the authorities that the dispensary owner wishes to do everything in his power to comply with state laws regarding medical marijuana.

After a slow start it was announced recently that Medical Marijauan Inc. has signed up 5 more dispensaries for a total of 28 to date, in the US and Canada. Like any new idea it takes a little time to catch the imagination. But Medical Marijuana Inc. is well on their way and it would be a foolish person who was to bet against Bruce Perlowin creating another $100 million dollar marijuana business.

Share Price
Following a 1 for 10 forward split of its stock, Medical Marijuana's share price dropped from over $1.00 down to $0.25 cents.

What that means is the company wanted to generate some new stock, and to do so it takes one share worth $1.00 dollar, and turns it into 10 shares worth $0.10 cents each. Generating a whole bunch of new stock, albeit at a lower price. But the value remains in the company all the same.

Over the last 4 months the stock price has fluctuated from a high of almost $0.70 to a low of around $0.28. As we go to press today the price stands at around $0.38 cents, but knowing Bruce Perlowin and his track record this is not a reason to think this stock won't succeed even if it does rollercoaster every now and then.

Summary
Cannabis? Get on it, regardless of what the British government tells us about how dangerous it is. The truth is 25 million American citizens who have legal access to medical marijuana know otherwise, and it can only be a matter of time before the UK comes up with its own version of a national medical cannabis operation. Maybe not this year or next, but its sure to happen, just as sure as politicians will help themselves to public money.

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Medical Marijuana, Inc. Expands Internationally To Canada And Adds More Collectives in CA

MARINA DEL REY, CA--(Marketwire – July 16, 2009) - Medical Marijuana, Inc. (OTC: MJNA) expands internationally by signing Growers with Gardens in Victoria, British Columbia, Canada. MMI has also added five additional collectives in the United States as follows; Soultree Art of Healing Co-Op in Daly City, California; Netexdive Products in Valley Center, California; Chron Don’s Clinic in Garden Grove, California; Association for Alternative Therapy in Westminster, California; and Better Health Group in San Rafael, California.

Bruce Perlowin is living up to his reputation of having built the largest Marijuana business in the US. Now he is doing it legally and because of his vast experience in the business, who better to help medical marijuana become a legitimate business? Check out the latest activity and news on the company's website: www.medicalmarijuanainc.com

420 Radio show sponsored by Medical Marijuana, Inc. on July 10, 2009

Medical Marijuana, Inc. is sponsoring the 420 Radio show on July 10, 2009 (http://www.latalkradio.com/420.php). Bruce Perlowin will again be speaking about his new venture in the medical marijuana industry with Jamie Simon.

Medical Marijuana, Inc. Expands Internationally To Canada for The Tax Remittance Card

MARINA DEL REY, CA--(Marketwire – July 16, 2009) - Medical Marijuana, Inc. (OTC: MJNA) expands internationally by signing Growers with Gardens in Victoria, British Columbia, Canada.  Medical Marijuana, Inc. has also added five additional collectives in the United States as follows;  Soultree Art of Healing Co-Op in Daly City, California; Netexdive Products in Valley Center, California; Chron Don’s Clinic in Garden Grove, California; Association for Alternative Therapy in Westminster, California; and Better Health Group in San Rafael, California.

Medical Marijuana, Inc. is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding Medical Marijuana market. The Tax Remittance Care and 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.

Medical Marijuana, Inc. Signs the First Cannabis Collective in Venice, California to Use Tax Remittance Card

MARINA DEL REY, CA--(Marketwire – July 2, 2009) - Medical Marijuana, Inc. (OTC: MJNA) expands into Venice, California by signing ‘99 High Art Collective,’ which will begin to implement Medical Marijuana, Inc.’s tax remittance card in the 4th quarter 2009. “The high energy marketing efforts of our Agents are building major momentum, moving us full steam ahead, as we now have 13 Cannabis Collectives who have agreed to use our Tax Remittance Card”, says Rob Griffin, Chief Operations Officer of Medical Marijuana, Inc.

High Art, High Love, High Quality Medicine. A Cutting Edge Art Gallery Opens Up In Venice Beach With Light Paintings of Psychedelic Pioneers By Dean Chamberlain. Breaking away from the typical gallery model, "99 High Art Collective" will open its doors on July 3rd 2009, not only as a high art gallery, but also as a Medicinal Cannabis dispensary, with world renowned artists and according to their proprietor and patients, "...very high quality art, love and organic medicine".

Medical Marijuana, Inc is developing a suite of solutions and tools for the Medical Marijuana Industry that will enable efficient tax compliance and business management, delivered in a secure (patent pending) infrastructure.

For further details on Medical Marijuana, Inc. contact: info@medicalmarijuaninc.com
www.medicalmarijuanainc.com
www.twitter.com/medmarijuanainc
www.MySpace.com/marijuanainc

Medical Marijuana, Inc. Signs 1st Medical Marijuana Collective to Use the Tax Remittance Card

Medical Marijuana, Inc. is happy to announce that it has signed the first Memorandum of Understanding with a marijuana collective in Southern California to use Medical Marijuana, Inc.'s patent pending, stored value, tax remittance card. Bruce Perlowin, CEO of MJNA, says, "This is just the beginning of a massive marketing program to educate the dispensary owners to the benefits of this program. There are close to 1,000 dispensaries in California today that our Master Agents have begun contacting regarding utilizing our card. With 14 states now going through a process to permit medical marijuana in their state, MJNA is set to capture a good piece of this market as states continue to permit medical marijuana. With revenue in the 4% area, and with the average dispensary doing 1 million dollars a year in sales, we project substantial earnings."

This follows our business plan which includes the Stored Value Card for tax remittance, a merchandising division to promote many of the cannabis related products, clothing lines, distribution, and the testing platform which we hope will standardize the industry with quality control.

Tax Remittance

This Stored Value Platform System will provide verifiable solutions for an inter-agency approach to manage the difficult task of Revenue and Taxation Collection for the Emerging Medical Marijuana Industry.

Using this new invention, the "Point of Sale" System will recognize the dispensary's tax ID number and tax rates for the state and local taxes as well as provide "Automated Clearing House" (ACH) settlement of the taxes to the proper financial institutions.

Taxability of Medical Marijuana Transactions

In February 2007, the California State Board of Equalization (BOE) issued a Special Notice confirming its policy of taxing medical marijuana transactions, as well as its requirement that businesses engaging in such transactions hold a Seller's Permit. According to the Notice, having a Seller's Permit does not allow individuals to make unlawful sales, but instead merely provides a way to remit any sales and use taxes due. BOE further clarified its policy in a June 2007 Special Notice that addressed several frequently asked questions concerning taxation of medical marijuana transactions.

Solutions

Plastic debit cards or medical revenue cards are supplied to the Medical Marijuana Dispensary (or Collective/Co-op as they are legally designated in California). The customers of the dispensary are issued the closed loop "Stored Value Card" (SVC). This "Stored Value Card" (SVC) is loaded for the customer by tendering cash to the Dispensary clerk. The Dispensary clerk will load up the new card for the customer using the "Point of Sale" (POS) System which will also recognize the dispensary location, as well as tax rates for the appropriate government agencies.

Advantages

The ease of access to certifiably secure transactions lessens the risk of loss at each level of the transaction. Users and operators are empowered and Government Agencies are more confident in assuring their collection of taxes and fees while secure in the function of financial interactions.

Dispensary Owners are more comfortable knowing all transactions are made with a stored value card. This reduces the losses associated many times with cash transaction businesses.

MJNA conducts daily conference calls to its Master Agents that are engaged in offering the provisional patent, tax remittance, stored value card to dispensaries and co-ops in California and other states where medical marijuana is, or soon may be, legal. The conference calls explain the tax remittance card in regards to how it works as a solution for the taxing of medical marijuana and the numerous other features inherent in this technology.

For anyone interested in listening in, and asking questions on how the tax remittance card works, you can do so any day this week at 4:20 PM California time, calling the conference line via: 218-339-3600 PIN: 321677#.

Medical Marijuana, Inc. (OTC: CVIV) to Begin Trading Tomorrow Post 10-for-1 Forward Split Under New Symbol MJNA

MARINA DEL REY, CA--(MARKET WIRE)--Apr 27, 2009 -- Medical Marijuana, Inc., formerly Club Vivanet (Other OTC:CVIV.PK - News), received today from NASDAQ its new symbol MJNA which will become effective April 28, 2009 at open of market including the 10-for-1 forward split. This means that anyone holding 1 share of CVIV today will own 10 shares of MJNA tomorrow.

The company also announced that the payment for spin-off of two of its subsidiaries, Club Vivanet Inc. (Florida) and MyNewPedia Corp (Colorado), share for share is today, April 27, 2009 based on a record date of April 13, 2009.

About the Company

Medical Marijuana, Inc. is positioned to take advantage of opportunities as they appear in the emerging legal medical marijuana industry through an enhanced payment gateway introducing verifiable levels of enhanced security. A trend is in place that clearly indicates medical marijuana is quickly becoming a legal enterprise in need of various solutions in numerous areas.

Another Company goes Public with Medical Marijuana Research

Cannex Therapeutics assets have been acquired by Gulf Onshore, Inc. Cannex will continue development of its medical cannabis-based pharmaceutical products. Cannex Therapeutics is a privately owned California group founded and operated by Medical Cannabis pioneer and entrepreneur Steven W. Kubby (www.kubby.com). The asset purchase agreement includes all intellectual property rights, formulas, patents, trademarks, client base, hardware and software pertaining to Cannex's pharmaceutical cannabis research & development business.

For full story visit:
http://finance.yahoo.com/news/GULF-Acquires-Assets-of-bw-14778413.html