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08/21/17 10:08 AM

#209240 RE: stock_clerk #209238

CALIF. COMPANY MJNA POISED & WELL-POSITIONED_TO_ENTER_LEGAL_MJ_MARKET...

EXCERPT FROM "LETTER TO SHAREHOLDERS BY CEO STUART TITUS", 5/14/15, AS FOLLOWS:

"...we are poised and consider ourselves well-positioned for eventual cannabis legalization. We have a plan for that eventuality, and intend to leverage our relationships and expertise to help advance a truly legal cannabis industry when the day comes. Once legalization occurs or becomes better defined regarding states rights – we can quickly implement entry into this new market. Rescheduling – if not full de-scheduling – from the Controlled Substances Act would signal the clear demarcation point of our entry into the space."

SOURCE: http://medicalmarijuanainc.com/letter-to-shareholders-by-ceo-stuart-titus-2014-annual-report/