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Medical Marijuana Inc.
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Medical Marijuana, Inc. is helping to promote the legalization of medical marijuana and the end of prohibition, by providing a payment system that will satisfy government compliance issues as well as the patients. It is the first company in this industry to go public.
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Medical Marijuana, Inc.
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Medical Marijuana Industry Solutions
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  • Medical Marijuana Inc. in Forbes
    In Forbes online, Rachel Ehrenfeld's article about ObamaCare's Medical Marijuana mentions Medical Marijuana Inc.'s payment and tax remittance solution. Here is an excerpt.........

    Since Obama took office, "medical marijuana" dispensary owners in some of the 15 states where it's legal, or tolerated, report requests "climbed sky high." Medical Marijuana, Inc. ( MJNA.PK - news - people ), an Oregon-based company, which has been traded on the Nasdaq since April of 2009, offers solutions for this emerging industry. Its Web site claims that "the number of ailing people turning to medical marijuana to ease their symptoms has spiked in 2009. Requests have jumped anywhere from 50% to 300%."

    A revenue collection system is already in place to ensure the tax revenues for the states that allow "medical marijuana." The system, developed by Medical Marijuana, Inc., boasts, "The Stored Value Platform System, a point-of-sale system, is a hallmark element of Medical Marijuana's business solutions package." The company has already signed on many marijuana collectives, and lobbies heavily to sign on the City of Oakland, Calif., which is the first city in the nation that voted in favor of collecting tax proceeds from marijuana sale, "as part of the solution to Oakland's longstanding budget shortfall."          click the following link to read the full article.........

    http://www.forbes.com/2009/08/13/george-soros-marijuana-legalization-opinions-contributors-rachel-ehrenfeld.html?partner=relatedstoriesbox

    The stock has held steady inspite of some lows. The company has now hired a firm to begin the process of moving it to the OTCBB. I still say this is a good investment (OTCPK:MJNA) as they are still the only ones offering this type of solution. Hard work has brought them a number of new dispensaries to use the system.

    Check out the companies activities on their official website:
    http://medicalmarijuanainc.com/


    Aug 20 1:42 PM | Link | Comment!
  • Marijuana Tax as the Next Revenue Stream for States?

    A marijuana tax as the next new revenue stream? Polls suggest increased support for decriminalizing and taxing the drug, but policy may not change soon.

    Medical Marijuana, Inc. is positioned to provide a tax remission stored value card to meet the tax laws of each state. In addition, the card include customer retention features such as rewards points and donations to non-profits.

    Check out news about Medical Marijuana, Inc. at www.medicalmarijuanain...

    Or go to: http://medicalmarijuan...

     

     

    May 28 10:19 PM | Link | Comment!
  • Medical Marijuana Inc Secures MOUs With Cannabis Collectives in New Jersey, Colorado, and California

    Medical Marijuana, Inc. (PINKSHEETS: MJNA) announces that three more collectives in the states of New Jersey (pending Governor signature), Colorado, and California have signed Memorandums of Understanding over the weekend to use Medical Marijuana, Inc's patent pending, stored value, tax remittance card. Bruce Perlowin, CEO of MJNA says, "Things are going really well. We started the Master Agent program a few weeks ago for our agents to show dispensaries the advantages with using our Stored Value Card. These latest dispensaries that have signed up continue to show the acceptance of our tax remittance program. This shows the power of our Master Agent program as it sweeps the country."

    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 scientific recognition of marijuana as a powerful medicine has brought marijuana to a new status and opened the door for investment and opportunity. States are increasingly passing legislation favorable to the development of a medical marijuana industry; and this progressive policy comes at the request of thousands of constituents with conditions that could be mitigated by the use of marijuana or its related products and reflects the growing body of valid scientific evidence supporting the use of marijuana as a safe and effective medication. Medical Marijuana Inc is the first company in the United States to enter this industry with the intent to consolidate and develop products and services to satisfy emerging markets. In 2009, 13 states have already legalized the medical use of marijuana by qualified patients. In addition AL, CT, DE, IL, IA, MN, NH, NJ, NY, NC, PA, and TN all have medical marijuana legislation currently under review in their state legislatures. It is the intent of Medical Marijuana Inc to remain a dynamic company and take advantage of new opportunities as they emerge.

    Read More.....click here:    http://medicalmarijuan...

    May 21 2:46 PM | Link | Comment!
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