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JohnCM

08/24/14 2:00 AM

#173260 RE: Goodbuddy4863 #173246

If I were new to this board, I would be confused.

What is the future status for HempMeds and MJNA going forward?

HempMedsPX

HempMedsPX™ posted revenues of $4,017,774 in Q1, up from $1,943,005 in Q4.
HempMedsPX™ was the first cannabidiol (CBD)-rich hemp oil company to be accepted by the American Herbal Products Association (AHPA) for membership. The AHPA is the only national trade association that is focused primarily on herbs and botanicals and herbal products. In addition to AHPA membership, HempMedsPX™ is a sponsor of the AHPA's 2014 events.
Medical Marijuana Inc. and HempMedsPX™ supported the American Academy of Anti-Aging Medicine (A4M) as a Platinum Elite Sponsor, expanding brand awareness to the organization's membership base of more than 26,000 medical and healthcare professionals.
HempMedsPX™ signed a two-year supplier agreement with a home-based business company, Kannaway, LLC.
HempMedsPX™ sponsored and participated in the 5th Annual U-T Successful Living Expo, a San Diego event focused on the unique health and wellness concerns of the 55-and-older demographic. In support of this event, information about CBD from hemp was shared with more than 350,000 San Diego Union-Tribune (U-T) Sunday newspaper subscribers and 70,000 U-T email subscribers through print and online advertising. HempMedsPX™ presented "What's the Buzz about CBD?" during the expo, informing attendees about an alternative to medical marijuana.
The Company was the only hemp CBD exhibitor at the HIGH TIMES Medical Cannabis Cup, Los Angeles and received an overwhelmingly positive reception by attendees February 8-9.
On March 20, Medical Marijuana Inc. announced that the Company signed a memorandum of understanding (MOU) to develop a joint venture with LiveWireErgogenics, Inc. under the name of HempWire, LLC. The CBD-rich hemp oil used in HempWire products is sourced from HempMedsPX™.
Medical Marijuana Inc. announced on March 31 that due to the exponential growth of its subsidiary company HempMedsPX™, the Company is moving to a larger multi-building campus location in the Scripps Poway Parkway area of San Diego. The current Morena Blvd. location will serve as administrative offices for other Medical Marijuana Inc. subsidiaries.