Medical Marijuana Inc (MJNA)

[pennystockbrad]

This seems like potentially many millions in revenue to me. Anyone else?

SAN DIEGO, Oct. 2, 2018 /PRNewswire/ -- Medical Marijuana, Inc. MJNA, -0.06% the first publicly traded cannabis company in the United States, today announced that its subsidiary HempMeds® Brasil has released a new full-spectrum 5,000 mg cannabidiol (CBD) hemp oil liquid for the rapidly-expanding Brazil market.

"We are very excited to announce this new CBD hemp oil product in Brazil," said Medical Marijuana, Inc. Chief Executive Officer Dr. Stuart Titus. "The company is proud to be the first-ever to receive a permit to import CBD hemp oil products into Brazil and we will continue to stay relevant in the country by creating products that fit the needs of our Brazilian consumers."

This new 5000 mg product was developed to meet the new specifications of Brazilian doctors who plan to recommend the product to their patients. HempMeds® Brasil was the first company to receive an import permit for CBD in Brazil and, after a series of historic rulings, Brazilian Health Regulatory Agency ANVISA removed CBD from Brazil's prohibited substance use list, removed the substance's import tax and is now actively subsidizing the cost of CBD for those who need financial assistance.

"Our Company is thrilled that the Brazilian government has been willing to work with us to ensure our products can get into the hands of those who need them most," said HempMeds® Brasil Vice President Caroline Heinz. "It's incredible to see the public's response to our products and the rate at which the popularity of CBD hemp oil has spread here in Brazil."