SOURCE: Medical Marijuana Inc

July 06, 2010 10:00 ET

Medical Marijuana Has 53 Days Until Launch of "The Hemp Network," the World's 1st Hemp Product Related Network Marketing Company

FOOTHILL RANCH, CA--(Marketwire - July 6, 2010) -  Medical Marijuana Inc (PINKSHEETS: MJNA) reports significant progress on staffing of The Hemp Network. President Don Steinberg states, "In the past, Bruce Perlowin and I have created a global network of over 125,000 agents in 50 countries. We have the experience in all aspects of running a global MLM. Now we are in this new, exploding industry with a team of Doctors, immunologists, PhDs, and world renowned nutritionists to round out the products division. We have top network marketers signed up who have already created hundreds of web sites to support this new company. Alexa has rated 'The Hemp Network' website in the top 2%. This is after only 2 months which shows the power of this new opportunity. Our proprietary MLM software is nearing completion with a pay plan that is revolutionary. To participate in daily conference calls which discuss the pay plan, upcoming events and exchange of ideas, call 218-339-3600 PIN: 321677. Calls are held Monday through Thursday at 6:00 PM (PDT), which we invite the public to attend."

Bruce Perlowin, CEO, stated, "The opportunity to be involved in the 1st hemp network marketing company in history in which an existing culture of numerous movements already exist who are passionate about hemp is irresistible. Hemp enthusiast movements include the medical marijuana movement, the marijuana legalization movement, the hemp movement itself, the health, wellness and anti-aging movement, the environmental movement and the green movement. These existing cultural creative movements all herald the wonders of hemp in their various areas and are all natural and highly motivated individuals ripe to participate in The Hemp Network."

SOLUTIONS

Medical Marijuana Inc has developed a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry which provides the tools to industry operators to effectively manage their business with the confidence that they are in full compliance.

MEDICAL MARIJUANA INC'S TURNKEY COLLECTIVE SOLUTION

Medical Marijuana Inc's Turnkey Collective Solution ensures that collectives operate within the guidelines of all laws and regulations regarding the tracking of the cannabis from grow cycle to final distribution. By employing Medical Marijuana Inc's closed loop, patent pending, tracking system, it can be shown to authorities and collectives alike that the source of their supply was an active member of the collective.

TAX COLLECTION

MJNA's Stored Value Platform System provides verifiable solutions to manage the difficult task of revenue and taxation collection. The customers of the dispensary are issued a plastic debit card or medical revenue card. The ease of access to certifiably secure transactions lessens the risk of loss at each level of the transaction.

ABOUT MEDICAL MARIJUANA INC

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.

FORWARD-LOOKING DISCLAIMER

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medical Marijuana Inc to be materially different from the statements made herein.