SAN DIEGO, Nov. 24, 2014 (GLOBE NEWSWIRE) -- Medical Marijuana, Inc. (OTC Pink:MJNA) is pleased to inform shareholders and the general public that its portfolio companies were featured in news media reports from the 3rd annual Marijuana Business Conference held Nov. 12-14th in Las Vegas. As told by NBC3's Kelsey Thomas, the conference grew to host more than 2,000 attendees and feature 125 exhibitors. Fueling attendee interest was, according to MMJ Business Daily, "The Nevada Department of Health and Human Services on Monday awarded 55 preliminary licenses for dispensaries and more than 300 for permits [for] other types of medical cannabis businesses."
HempMeds™ — a corporate portfolio company, exclusive master distributor and contracted marketing company to Medical Marijuana, Inc. — provides cannabidiol (CBD) products made from industrial hemp that are already available in all 50 states and more than 40 countries. These natural hemp CBD products allow businesses to get into the "green rush" immediately. At the 3rd Annual Marijuana Business Conference, HempMeds™ showcased a wide variety of retail-ready cannabis products available for purchase from the show floor. Newly approved Nevada cannabis business licensees attended and learned about these unique non-psychoactive cannabis innovations.
One in particular is the owner of Reno's Elements Cannabis Center, Shane Smith, who states for Fox 5 News: "A lot of people have the stigma of marijuana where it actually gets them psychoactively high, and they're scared of it. So what the CBD (cannabidiol) does is it give[s] people the same benefits without the psychoactive high, and that, to me, is phenomenal. I suggest it to my own grandmother for that reason."
8 News NOW's Denise Valdez reported that Clark County medical marijuana dispensaries may be open in early 2015 and that there are millions of dollars to be made in the rapidly emerging industry.
On that same note, the topic "Pot for the Pooch?" captured the interest of business talk show host Dana Gentry of Vegas, Inc. In an in-depth interview, Dr. "Doc Rob" Streisfeld, cannabis and natural products industry consultant, and Andrew Hard, spokesperson for HempMeds, explain trends in this budding global industry including Pet CBD nutrition solutions and the availability of CBD hemp oil products in all 50 states.
Speaking on the topic of banking in the medical and recreational cannabis industry with Fox 5 News is Michael Julian, CEO of MPSI.
"We are extremely proud of our portfolio companies and their continued efforts to educate the public on the truth about cannabis," states Michelle Sides, Chief Operating Officer of Medical Marijuana, Inc. "All of the MJNA portfolio companies are focused on excellence in quality and customer service. Each has a unique message and product or service offering that sets them apart within the rapidly expanding cannabis industry. We are appreciative of the mainstream news media for capturing these unique messages that, collectively, dispel myths about the benefits of this once again highly revered ancient plant."
For more information on Medical Marijuana, Inc. or the Company's portfolio of companies that provide all-natural CBD hemp oil products, visit www.medicalmarijuanainc.com.
About Medical Marijuana Inc.
Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally-friendly, economically sustainable businesses, while increasing shareholder value. For more information, please visit the company's website at: www.MedicalMarijuanaInc.com
About HempMeds
HempMeds™ offers mainstream marketing, sales, customer service, and logistics for the cannabis industry. HempMeds™ is a corporate portfolio company of Medical Marijuana, Inc. (OTC Pink:MJNA) and the Company's exclusive master distributor and contracted marketing company. In addition to handling sales and distribution, HempMeds™ is the communication hub for the Medical Marijuana Inc. portfolio of companies.
About MPSI:
MPS International (MPSI) is a consulting firm that provides security consultative services to business and individuals in the legal cannabis industry. When security officers are needed, MPSI contracts exclusively with MPS Security to provide uniformed security management and officers.
MPSI was created as a specialized division of MPS Security. With over 46 years of experience providing professional security services, MPS Security is uniquely qualified to bring high quality security management and security solutions to the new and growing cannabis industry. Our professional experience and qualifications are helping to legitimize the expanding cannabis industry by reducing crime and assisting legal businesses and individuals to operate in accordance with all federal, state and local laws and regulations. For more details visit www.Security-MPSI.com, email security@security-mpsi.com or call (866) 678-4408.
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.
LEGAL DISCLOSURE
Medical Marijuana Inc. and HempMeds do not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). These companies do grow, sell, and distribute hemp-based products and are involved with the federally legal distribution of medical marijuana-based products within certain international markets. Cannabidiol is a natural constituent of hemp oil.