InvestorsHub Logo
Followers 0
Posts 27
Boards Moderated 0
Alias Born 06/11/2011

Re: None

Monday, 06/13/2011 9:06:46 PM

Monday, June 13, 2011 9:06:46 PM

Post# of 238014
Hi again. I began to read other press releases.. here is another one with comments in red.


MJNA - Medical Marijuana Inc & CannaBANK Provide Facility Management Services to California Collective

Medical Marijuana (PL) (USOTC:MJNA)

Today : Friday 10 June 2011

Medical Marijuana Inc (PINKSHEETS: MJNA) and CannaBANK™ are proud to announce the signing of a managed services contract with a California-based cooperative of 7,200+ qualified patient members. (Who is the company..you are a public company. We want a name.).The facility management service program focuses on compliance solutions to local ordinances, state laws and tax issues as well as Medical Marijuana Inc's tracking system which features a seed-to-end-user closed loop (does this exist?), ensuring full compliance while dissuading diversion. Also included in the services contract is Medical Marijuana Inc's proprietary tax remittance card service that allows for the payment of all municipal use taxes (we all know that collecting and paying taxes in the industry is very difficult. Who are you partnered with?). The tax payments may be settled on a scheduled basis. Officials at both MJNA and CannaBANK™ concurred: "This contract marks a milestone for Medical Marijuana Inc, bringing months of exhaustive research and program development to fruition. Each patient member can rest assured that they are receiving the highest degree of care and compliance under existing guidelines. Furthermore, the facility will undergo an extensive training program allowing integration of all aspects of back-end management and patient tracking services." Where is this facility located? If they are in California, they must be a non-profit.

ABOUT MEDICAL MARIJUANA INC

Our mission is to be the world's premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate, invest in and purchase value-added sustainable companies (which companies have they actually acquired/closed?), while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, pay homage to the visionaries and activists of the past and present, provide the platform from which the industry can emerge into a global sustainable economy for all. Medical Marijuana Inc recognizes the vast and unequaled opportunities that exist in the rapidly expanding hemp and medical marijuana industries. The scientific recognition of cannabis has brought legalized marijuana use to the forefront of mainstream discussion, thus opening the door for safe and lucrative investment opportunities.

www.medicalmarijuanainc.com