Medical Marijuana, Inc. (PINKSHEETS: MJNA)
announces today the purchase of 20 acres of prime mountain valley property
in Southern California intended to be used within strict governmental
guidelines as a research facility targeting medical Cannabis strains
specific to a wide range of medical conditions.
Today in California, a physician's medical cannabis recommendation is based
on a patient's evaluation. However, the strain of medical Cannabis to be
recommended, dosage and delivery methods must be refined and
Many medical conditions are accepted by government as medical marijuana
treatable. By diligently developing the most efficacious strains and
matching those strains to ailments, MJNA will be poised as the industry
leader in medical cannabis genetic research.
Medical Marijuana, Inc. has developed a suite of solutions to deliver an
efficient and secure infrastructure for the Medical Marijuana Industry that
will provide the tools to industry operators to effectively manage their
businesses with the confidence that they are in full compliance.
Medical Marijuana, Inc.'s Turnkey Collective Solution ensures that
collectives operate within the guidelines of all laws and regulations. By
employing Medical Marijuana, Inc.'s closed loop tracking system, it can be
shown to authorities and collectives alike that the source of their supply
was an active member of the collective. Medical Marijuana, Inc.'s
Regulatory Module provides officials with a comprehensive reporting tool
that allows them to remotely audit the industry in real time to ensure
regulations are being properly followed. Further, the POS system
automatically recognizes the collective's tax ID number, state and local
tax rates and then provides Automated Clearing House settlement of the
taxes and routes the amount to the State's appointed financial institution.
The Stored Value Platform System will provide verifiable solutions to
manage the difficult task of revenue and taxation collection. The "Point of
Sale" (POS) system will recognize the dispensary's tax ID number, state and
local tax rates and then provide "Automated Clearing House" (ACH)
settlement of the taxes to the proper financial institutions. The ease of
access to certifiably secure transactions lessens the risk of loss at each
level of the transaction.
SOURCE: Medical Marijuana, Inc.