SAN DIEGO, March 19, 2014 (GLOBE NEWSWIRE) -- Medical Marijuana Inc. (OTC Pink:MJNA) is pleased to announce that it has fully funded operations of subsidiary Wellness Managed Services' new company, MPS International (MPSI). Since MPSI operations began on January 1, 2014, the Company has expanded the business from one to four states and is already planning expansion into seven additional states. In a groundbreaking decision by Company officers, MPSI has added armored transport and secure safe services for legal cannabis businesses. MPSI currently has two armored trucks to service all dispensaries and grow operations in Colorado as far north as Fort Collins and as far south as Pueblo.
"Unfortunately, FDIC-insured banks do not offer banking services to cannabis industry businesses yet," said Michael Julian, Managing Director of MPSI. "MPSI offers both armored transport and a safe storage solution for this high volume, cash-based industry by way of drop safes that we lease in our heavily secured facility. This 'money room' is utilized for client representatives prior to placing cash in their leased safes."
Established by security industry veterans, MPSI is the first company to offer a comprehensive range of services for the medical and recreational cannabis industries. Their services include physical security, security surveillance, and secure transport by armored vehicle. Industry-specific services include: armed and unarmed security for retail and grow operations, inventory and revenue transport, a secure depository, compliance oversight, and workplace protection for the medical and adult use cannabis industries in current and future legal marijuana markets.
"Having on-site security has greatly increased our company's sense of comfort," says Christian Hageseth of Green Man Cannabis. "MPSI has stepped in immediately, communicated well, and delivered service with an impressive degree of professionalism. Our MPSI representative has continued to follow up with the owner's needs and ensured his staff meets expectations. I look forward to continued quality of service from MPSI."
With regard to on-site security, MPSI CEO Michael Roberts states, "The Company is actively addressing the immediate need for physical security in a rapidly growing, high risk industry in a consumer-friendly way. I have seen some of our competition putting heavily armed 'ninja killers' in tactical vests and body armor on post. We don't believe in exhibiting the ability to use excessive force in a retail shop when a security officer is there to monitor traffic, check IDs and provide a highly visible deterrent to crime and thefts."
Addressing safety for its clients in an extremely high risk industry, MPSI also transports product from grow to wholesaler, warehouse, testing facilities, bakeries, infusion laboratories, and finally to retail locations. The MPSI fleet of vehicles has grown to fifteen patrol vehicles and two armored trucks. "After forty-six years in business, we feel that we offer the appropriate balance of safety, security, and customer service to adequately serve the retail cannabis industry," Roberts continues.
"We are very excited about MPSI's position in the cannabis industry," continues Michael Julian. "As the legal landscape changes by state, there will be more opportunities for MPSI to bring professional security services and solutions to this rapidly expanding industry. MPSI is positioned to immediately expand into new states as laws permit medical and recreational uses of marijuana."
For more information on MPSI, visit the company's website www.Security-MPSI.com, email security@security-mpsi.com, or call (866) 678-4408.
Businesses seeking additional information can meet MSPI representatives at the following business conferences:
| CannaBusiness Money Show |
| Seating is limited. Register online here: https://mmjbusinessdaily.com/money/ |
| Boston |
| Wednesday, April 2, 2014 |
| 9:30am - 6:30pm |
| Location: Hilton Boston Back Bay Hotel, 40 Dalton St, Boston, MA 02115 |
| Chicago |
| Friday, April 4, 2014 |
| 9:30am - 6:30pm |
| Location: Congress Plaza Hotel, 520 S Michigan Ave, Chicago, IL 60605 |
| San Francisco |
| Monday, April 7, 2014 |
| 9:30am - 6:30pm |
| Location: SPUR Urban Center, 654 Mission St, San Francisco, CA 94105 |
| Big Industry Show |
| http://www.bigindustryshow.com/ |
| Wednesday, April 16 - Thursday, April 17, 2014 |
| Location: Denver Mart |
| High Times Cannabis Cup Denver |
| http://www.cannabiscup.com/denver |
| Saturday, April 19 - Sunday, April 20, 2014 |
| Location: Denver Mart |
Note: These are business-to-business events. Please check the show websites for admission requirements.
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 details, visit www.Security-MPSI.com
About Wellness Managed Services
Wellness Managed Services provides management support and services to cooperatives, collectives, health and wellness facilities, dispensaries, and medical clinics throughout North America. The services offered range from practice management to product distribution and more. Our mission is to provide a comprehensive array of clinically-supporting health and wellness products and services which will attract patients while providing for a fully operational, profitable enterprise. We seek to provide facilities and patients alike with the latest in quality products and support services that will serve the health and wellness community. For more info, click here.
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
FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE
These statements have not been evaluated by the FDA and are not intended to diagnose, treat or cure any disease.
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. does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). The Company does grow, sell, and distribute hemp-based products and is involved with the federally legal distribution of medical marijuana-based products within certain international markets. Cannabidiol is a natural constituent of hemp oil.