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Tuesday, March 25, 2014 5:41:43 PM
SAN DIEGO, Jan. 30, 2014 (GLOBE NEWSWIRE) -- Medical Marijuana, Inc. (OTC Pink:MJNA) is pleased to inform shareholders and the general public that HempMedsPX™—a corporate portfolio company of Medical Marijuana, Inc. and the exclusive master distributor and contracted marketing company for CannaVest Corp. and Medical Marijuana, Inc.— has signed an agreement to exclusively supply the world's first industrial cannabidiol (CBD)-rich hemp oil-based anti-aging Cannabis Beauty DEFINED™ product line to a home-based business organization. An additional product line from HempMedsPX™, HempVAP™, will be a non-exclusive offering by the home-based business organization. The contract is for a term of no less than two years. The details of contractual agreement remain confidential at this time.
Charles Vest, VP of Communications for HempMedsPX™, states, "We are very excited about the revenue possibilities this opportunity represents. The first purchase order from the home-based business organization will be $1,072,251 in products that will ship before the end of the first quarter."
http://globenewswire.com/news-release/2014/01/30/606004/10066186/en/Medical-Marijuana-Inc-s-HempMedsPX-Signs-Two-Year-Agreement-With-Home-Based-Business-Organization.html
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