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Archive | Medical Marijuana Inc

Medical Marijuana Inc.’s Dixie Botanicals Brand Announces New Exciting Products and a Consumer Friendly Mobile App

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SAN DIEGO, April 18, 2013 (GLOBE NEWSWIRE) — Medical Marijuana Inc. (MJNA), a leading hemp industry innovator, announced that its portfolio company, Red Dice Holdings, LLC brand Dixie Botanicals is rolling out three new exciting offerings. First, the company is launching the Dixie Botanicals CBD Vape-Oil Pen with specialized CBD hemp oil designed for vaporizing. Second, the company has […]

Medical Marijuana Inc.’s Dixie Elixirs Brand to Co-Sponsor Premiere of Snoop Lion Movie “Reincarnated” During 4/20 Week

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SAN DIEGO, April 15, 2013 (GLOBE NEWSWIRE) — Medical Marijuana Inc. (OTC:MJNA), a leading hemp industry innovator, announced that its portfolio company, Red Dice Holdings, LLC brand Dixie Elixirs and Edibles, has completed negotiations with The Cashmere Agency, representative for hip-hop and reggae superstar Snoop Lion. Dixie will co-host the exclusive “green carpet screening” of Snoop Lion’s upcoming “Reincarnated” […]

Medical Marijuana, Inc. Reports Record First Quarter 2013 Revenue and Income

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SAN DIEGO, April 11, 2013 /PRNewswire/ — Medical Marijuana, Inc. (MJNA), a leading cannabis and hemp industry innovator, today is pleased to pre-announce its fourth quarter earnings.  The company earned net income of approximately $5.52 million on gross revenues of $8.45 million for the quarter ended March 31, 2013.  This represents a gross revenue increase […]

KannaLife Sciences, Inc. Signs Research and Development Agreements With Advanced Neural Dynamics and IteraMed in the Discovery of Novel Neuroprotectants

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NEW YORK, April 4, 2013 (GLOBE NEWSWIRE) — KannaLife Sciences, Inc. (“KannaLife”) announces its collaboration with two experienced drug discovery organizations: Advanced Neural Dynamics and IteraMed. KannaLife will fund a new drug discovery project related to a laboratory validated phytochemical. The founding science is based on the licensed technology of Dr. A. J. Hampson at […]

Medical Marijuana Inc., Corporate Update- Significant Revenue and Net Income Growth 1st Quarter- Division and Corporate Holdings Update

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SAN DIEGO, April 4, 2013 /PRNewswire/ — Medical Marijuana Inc (OTC Pink: MJNA) is pleased to inform shareholders that all Company divisions are healthy and foresee increasing revenues from overall operations. With the close of the first quarter of 2013, the Company has seen its revenue and net income increase significantly over the prior quarter. […]

Medical Marijuana Inc. Corporate Update — Company Set to Launch Products, Manufacturing & Provide Services (From Seed to Sale) in Europe, Canada and Caribbean Island Nations

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SAN DIEGO, March 20, 2013 /PRNewswire/ — Medical Marijuana Inc. (OTC Pink: MJNA) is pleased to inform shareholders that Italy and the Czech Republic have recently legalized marijuana for medicinal use. MJNA will be stepping up its presence and launching its portfolio of products and services, including its revolutionary Cannabidol (CBD) Over-The-Counter (OTC) health and wellness products in  Europe, […]

KannaLife Sciences Announces $1.5M Financing From Medical Marijuana Inc. And CannaVest Corp.

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NEW YORK, March 7, 2013 /PRNewswire/ — KannaLife Sciences, Inc. (“KannaLife”) the phyto-medical company that specializes in the research & development of pharmacological products derived from botanical sources, announced today the entry into Series A financing totaling $1.5 million. The investment is led by and Medical Marijuana Inc. (MJNA) and CannaVest Corp. (FCLS). “From KannaLife’s exclusive […]

Medical Marijuana, Inc. Announces Sale of PhytoSPHERE Assets and Acquisition of CannaVEST Corp. Stock

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SAN DIEGO, Calif., March 1, 2013 /PRNewswire/ — Medical Marijuana, Inc. (MJNA), a leading cannabis and hemp industry innovator, today announced that its subsidiary, PhytoSPHERE Systems, LLC (“PhytoSPHERE”), has entered into an agreement to sell certain of its assets to CannaVEST Corp. (FCLS) for $35,000,000. The assets sold to CannaVEST Corp. include certain equipment and inventory, […]

Medical Marijuana Inc Reviews State of the Industry and Prospects for Future Growth

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SAN DIEGO, Feb. 27, 2013 /PRNewswire/ — Medical Marijuana Inc (OTC Pink: MJNA) a leading cannabis and hemp industry innovator is pleased to provide a comprehensive update to shareholders on the state of the medical cannabis and hemp industry. Many legislative actions have occurred, particularly since the November elections, which are providing significant positive momentum in […]

Medical Marijuana, Inc. Releases 2012 Annual Share Holders Report and First Ever Corporate Revenue Forecasts

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SAN DIEGO, Feb. 18, 2013 /PRNewswire/ — Medical Marijuana, Inc. (OTCPink: MJNA), a leading cannabis and hemp industry innovator, today announced the release of its annual shareholders report including the 2012 financial statements with audited fourth quarter financials (Post 2/19/2013- OTC Markets).  The Company earned net income of approximately $7.1 million on record gross revenues of $12.38 million […]