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$200 BILLION market for MJNA/LVVV...

http://www.medicalmarijuanainc.com/index.php/58-press-releases/2014-press-releases/441-medical-marijuana-inc-and-livewire-ergogenics-inc-sign-memorandum-of-understanding-to-develop-hempwire-llc


Quote:

Companies Enter $200+ Billion Global Market With First-Ever CBD-Rich Hemp Oil-Infused Functional Foods; Domestic Launch Through Thousands of Retailers, Wholesalers, and Distributors
SAN DIEGO, March 20, 2014 (GLOBE NEWSWIRE) -- Medical Marijuana Inc. (OTC Pink:MJNA) is pleased to inform shareholders and the general public it has signed a memorandum of understanding (MOU) to develop a joint venture with LiveWire Ergogenics, Inc. (OTCQB:LVVV) under the name of HempWire, LLC. This MOU entersMedical Marijuana Inc. into the functional foods market with immediate distribution through LiveWire's extensive chain of existing convenience store retailers, grocery stores, and pharmacy chain stores. Research indicates that the overall global functional foods market is valued at $221.58bn in 2014.

The supply chain will begin with HempMedsPX™, a corporate portfolio company of Medical Marijuana, Inc. and the contracted marketing company that distributes non-psychoactive cannabidiol (CBD)-rich hemp oil products nationwide. LiveWire will purchase these hemp oil products from HempMedsPX™ then manufacture and package CBD-rich hemp oil-infused functional foods. These first-of-their-kind functional food products from HempWire will include a CBD-rich hemp oil taffy-like consistency chewable square. HempWire will distribute this new product leveraging both LiveWire's and Medical Marijuana, Inc.'s existing network of retailers, resellers, wholesalers and distributors.