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Marijuana

Medical Marijuana Inc (OTCMKTS:MJNA) Provides Details About Its 2019 Sales Bookings

Medical Marijuana Inc (OTCMKTS:MJNA) says that 2019 has been a great turn for it. That is considering the rise in sales bookings. The current figures beat those of the previous year by a significant margin.

A close outlook

This shouldn’t catch anyone by surprise! A lot of good things have been happening over recent years, and so this spike was expected. For instance, at the start of this year, the equity research firm Avise Analytics recognized the company’s efforts. It awarded it that Bronze Stevie® Award. This is usually given to that company that is consistently innovative. The business guru got this award during the 16th Annual International Business Awards conference. It says that it won’t stop in its efforts to make improvements to deliver the best products to consumers. Currently, the business is one of the first five leading CBD producers globally.

Turn of events

One outstanding attribute about this company and most of its subsidiaries is how they remain dedicated to progress. It was a short while back that the company announced that Kannaway® was making plans to establish its business presence in Japan. This happens to be one of its best-performing subsidiaries. It has showcased remarkable performance in the line of Healthcare Products and Services category. That is how it has become the recipient of the Silver Golden Bridge Award.

The CEO of Medical Marijuana is quite pleased with the progress. He thanks his team, saying that they contributed massively to this success. According to the official, the next best move will be to venture into the new markets. He is confident that there is a large market for the company’s wide range of products. The leader says that there is a large number of customers out there with versatile needs that must be met. They are targeting ramping up their business activities. The target is to rise and become one of the biggest players in the global cannabis industry segment.

Medical Marijuana remains committed to selling its products in Latin America, U.S, European, and the Asian markets. Subsidiaries such as Dixie Botanicals® and HempMeds® target serving consumers with topical, oral, and edible CBD products. The products sold are all tested.

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Marijuana

Medical Marijuana Inc (OTCMKTS:MJNA) Continues To Push Its Expansion Agenda With New Warehousing Facility In Utah

Medical Marijuana Inc (OTCMKTS:MJNA) announced on Tuesday that it launched a new warehouse and production facility in Utah as part of its aggressive expansion plans.

The Utah-based facility has already received regulatory approval from the state and it also complies with the cGMP. It occupies about 16,000 square feet of space and was designed to meet Medical Marijuana Inc’s production, warehousing and fulfillment needs for its hemp and CBD-based oil products. Medical Marijuana Inc. was the first publicly listed firm to roll out nutraceutical products with cannabis extracts.

“As the Company has seen a significant rise in sales and overall revenue this year, we believe that this new facility will help us strengthen our customer base and meet the needs of today’s burgeoning cannabis market,” stated Dr. Stuart Titus, the CEO of Medical Marijuana Inc.

Dr. Titus also noted that the company has a team that is committed to making sure that the new facility will encourage more valuable and transparent relationships with customers and retailers. The launch of the Utah facility comes just after another recent announcement through which Medical Marijuana Inc. revealed that it was working on expanding its reach in Latin American and the U.S.

The expansion plans to focus on reaching major global markets especially in Europe and Asia

The company wants to make its products available in Asia and Europe and so it believes that the new facility will help cater to the growing production needs both domestically and internationally. Blake Schroeder, the firm’s COO noted that Medical Marijuana’s new facility will help boost operations and also lower expenses such as the cost of goods. It is also expected to contribute to revenue growth and widen the scope of opportunities.

Schroeder also believes that the launch of the new facility in Utah represents his company’s commitment to maintaining its status as an industry leader. It also highlights the commitment to generate more shareholder value and most importantly, to provide high-quality products to retailers and consumers. The launch also validates the company’s pursuit of more expansion so that it can make its products available to more regions across the world.

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Marijuana

Medical Marijuana Inc (OTCMKTS:MJNA) Portfolio Firm Kannalife Successfully Completes Name And Ticker Change

Medical Marijuana Inc (OTCMKTS:MJNA) announced last week that its portfolio company changed its name from TYG Solutions Corp. to Kannalife with the ticker symbol “KLFE.”

The portfolio company was previously known as TYG Solutions Corp., but according to Medical Marijuana’s recent announcement, it was changed to Kannalife, Inc. (“Kannalife”) (OTC: KLFE). The new changes were reviewed and approved by the Financial Industry Regulatory Authority (FINRA). The new name, as well as the new ticker, came into effect on January 17.

“We are thrilled to announce the completion of this name and ticker change,” stated Dr. Stuart Titus, the CEO of Medical Marijuana, Inc.

Dr. Titus also pointed out that Medical Marijuana, Inc. was one of Kannalife’s early investors. He also believes that the firm’s powerful research and well-curated which is why it stands out in the cannabinoid pharmaceutical market which is quite competitive.

Kannalife CEO Dean Petkanas stated that his company was happy with FINRA for processing the corporate actions. He also added that the move represents Kannalife‘s first step towards achieving growth as a publicly traded company. The CEO also noted that the firm would continue pursuing research and development for new cannabinoid-based therapeutics targeting oxidative stress and neurodegenerative-related illnesses.

Medical Marijuana Inc. unveils new scientific hemp oil

Medical Marijuana Inc. also announced the launch of a new product called Real Scientific Hemp Oil™ (RSHO™) Maximum Strength. The latter was launched by Medical Marijuana Inc.’s subsidiary, HempMeds.

RSHO™ Maximum Strength is the company’s most potent full-spectrum cannabidiol (CBD) product. Each 10-gram oral applicator of RSHO™ Maximum Strength contains 4,500 mg of CBD which is supposed to aid overall wellness. The product has a unique blend of HempMeds’s premium hemp oils, and it also includes CBD and CBDa.

Todd Morrow, the President of HempMeds, stated that his company came up with Real Scientific Hemp Oil Maximum Strength as part of their mission to keep evolving. The company is determined to do so through excellent quality, innovative and industry-leading products. HempMeds plans to continue on the same path by offering topical or ingestible products that add value to the lives of those who use them.

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The US Cannabis Company Medical Marijuana Inc (OTCMKTS:MJNA) Is Jubilant on Lifting of 80 Year Old Ban on Hemp Farming

Medical Marijuana Inc (OTCMKTS:MJNA) is rejoicing the lifting of the ban on hemp farming in the US following the passage of 2018 Farm Bill aka The Agriculture Improvement Act of 2018. It has applauded the Senate and the US Congress for their efforts to pass the historic bill that paves the way for hemp farming and production of hemp-derived products.

Benefits of Hemp Farming Act of 2018 for the Hemp Industry

The passage of the Farm Act 2018 and expected signing of that act into law by President Trump allows legalization of hemp production nationwide. The bill allows production of hemp flower and CBD extraction by removing hemp from the controlled substances act. Hemp is now treated as an ordinary agriculture product.

Dr. Stuart Titus, Chief Executive Officer of Medical Marijuana Inc said the farmers in the US are allowed to cultivate hemp after 80 years. Medical Marijuana Inc is a pioneer in the CBD derived from Hemp. The 2018 Hemp Farming bill helps to transform the American Economy into a renewable and sustainable path. It helps to generate more jobs and improve the GDP.

The company can now source the hemp ingredients from the US. Hemp will also play a vital role in industries like insulation materials, biocomposites, textiles, biofuels, construction and for energy storage. It finds wide usage in nutrition and super-capacitors.

Medical Marijuana Inc along with its subsidiaries will play a vital role in offering low cost hemp derived products for the customers by sourcing the ingredients locally. Chief Operations Officer, Blake Schroeder said the company is also looking at backup supply options as it builds the distribution and sales capabilities. The 2018 hemp farming act allows the company to participate in more than 50,000 industrial applications.

Medical Marijuana Inc Is the First Company to Offer Hemp Derived CBD Oil in the US

Medical Marijuana Inc is the firm to launch hemp derived cannabidiol oil in the US market. It is also the first company to receive the approvals for CBD products imports in nations like Paraguay, Brazil, Mexico, and Argentina. The company also carries hemp related business in Europe and Canada.

Medical Marijuana Inc Reports Robust Revenues in Third Quarter 2018

Medical Marijuana Inc has reported the largest revenues of more than $16.8 million (up 116%) in Q3, 2018. The major achievements of the company in Q3, 2018 include the launch of CBD Hemp Oil Gel Capsule. The company has also inked a pact with Salvation Botanicals Ltd to sell its products in Canada.

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Marijuana

Men’s Health Covers Outstanding Reviews Of Medical Marijuana Inc (OTCMKTS:MJNA) Subsidiary

Medical Marijuana Inc (OTCMKTS:MJNA) is a company that promotes hemp and cannabis products. The business guru seeks to increase awareness among the various companies in the cannabis industry. It advocates for the development of environmentally-friendly businesses around the globe. Men’s Health, an international publication reveals that it intends to promote this company’s subsidiary HempMeds®.

It seeks to give it news coverage that will help promote the wide range of products among consumers globally.

The news coverage

The Men’s Health website presents an article that delves in an elaborate explanation regarding the company’s wide range of products. It covers the various products that HempMeds® sells out and calls upon readers to consider trying them out. The article outlines that the products come a long with a wide range of benefits to the consumers.

Asides from that, the article also provides an explanation as to what cannabidiol (CBD) exactly is .It expounds on the way it interacts with the human body system. Consumers need to understand the effects of consuming the wide range of products before making their purchases.

A close outlook

Todd Morrow is the current President of HempMeds®. This official has lately been speaking a lot regarding the plans they have underway. The leader applauds the major achievements made so far calling upon the company’s employees to showcase more commitment.

Morrow opined, “We are excited to have this glowing testimonial for our CBD roll-on product, especially since we just announced our new 50-milligram version of it. We trust this coverage will help us expand our reach and introduce consumers to the many wellness benefits of our products.”

Medical Marijuana Inc also has another subsidiary called Phyto Animal Health. The business guru today disclosed that the subsidiary would soon sign a distribution agreement. The subsidiary enters this agreement with Liiv Organics. These two businesses seek to engage in the sale of a wide range of cannabidiol (CBD) products.

Ian Quinn is the CEO of Phyto Animal Health. The official applauds the business for its resolve to engage in the signing of the agreement. This leader outlines that Liiv Organics pays quite a huge deal of focus to natural health and wellness.

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Major Milestones For Medical Marijuana Inc (OTCMKTS:MJNA)

The first-ever publicly traded cannabis company in the United States, Medical Marijuana Inc (OTCMKTS:MJNA) has announced the largest –ever sales in their history in July 2018. Although the numbers are unaudited, they represent a positive business strategy that has seen the company together with its subsidiaries rake in a lot of money in revenue and profits.

In a statement, Dr. Stuart Titus, CEO of Medical Marijuana, expressed his excitement about the news. “We are excited to announce July of 2018 was the largest sales month in the history of our company,” he said. The CEO further expressed his hope that such “milestones” will be achieved in the coming month.

New CBD vape cartridge

The media release announced the launch of a new cannabidiol (CBD) vape cartridge which will be distributed through Dixie Botanicals, a subsidiary. The first of its kind, the company hopes that the vape cartridge will receive a quick adoption, an occasion that will earn the cannabis company more record-breaking revenues. The release, in addition, made public the production of a THC-free CBD hemp oil for pets.

The CBD is a fairly late entrant into the burgeoning cannabis market. However, the company announced in another press release that some of its brand ambassadors had recognized the potential of the cannabidiols as being the “next big trend in health and wellness and jumped on the chance to build a CBD business of their own. As a result, Renita and Scott Brannan, the brand ambassadors, have successfully achieved the minimum of $135,000 in monthly business volume that earned them a direct ticket to the rank of National Director Elite.

Shining example of success

In appreciating the Brannans, the release has called them out as “a shining example of success within the company.” The release also recognizes them for pushing the limits of the cannabidiols market by educating others about the CBD and its health and wellness potential.

Commenting on the recognition, Renita was quoted as saying that they did a lot of research into what the products were and how trustworthy the company was.  “CBD is important to my family, including my husband, kids and even our dog, and I want to share it with everyone I can. We’re very excited to continue to grow with this company,” she said.

“Once we learned about Kannaway, we did a lot of research into what the products were and how trustworthy the company was. Hands down, we believe that Kannaway is leading the charge in the industry in terms of quality, consistency and testing methods,” brand ambassador Renita Brannan said.

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