Medical Marijuana Inc (MJNA)

[Alan Brochstein]

MJNA management was a bunch of liars. Check this vintage p.r.

Dixie Elixirs & Edibles and PhytoSPHERE Systems, Portfolio Companies of Medical Marijuana, Inc, Grow Relationship with New Licensing Agreement


DENVER, May 10, 2012 /PRNewswire/ -- Dixie Elixirs & Edibles (Dixie), Colorado's premier Medical Marijuana infused products company, today announced that it has entered into an agreement with fellow Medical Marijuana, Inc. (OTC: MJNA) portfolio company, PhytoSPHERE, to purchase the rights to PhytoSPHERE's proprietary indoor planting, cultivation and extraction technology.

"As we continue to grow our operations, serving more patients across Colorado and adding new dispensaries daily, we have recognized the need for greater cost-control and 100 percent consistency across Dixie's products," said Tripp Keber, President and CEO of Dixie Elixirs and Red Dice Holdings, LLC. "However, cost control and consistency are arguably very challenging given the various environmental factors that can affect the key ingredient in our products. In fact, the only way to ensure that each and every plant grown meets our rigorous standards and matches the cannabinoid profile we desire for Dixie products is to manage the growth and cultivation process from seed to sale in a very controlled environment. We are lucky enough to have a true innovator and leader in that end-to-end solution development, PhytoSPHERE, as a sister company in the Medical Marijuana, Inc. portfolio. The execution of this licensing agreement is a true game-changer and puts us in the unique and enviable position of being able to cost-effectively cultivate consistently superior medical cannabis for our products."

No one should feel badly about being confused - they lied!