SOURCE: Medical Marijuana Inc

November 15, 2010 08:59 ET

Medical Marijuana Inc Congratulates Arizona as the 15th State to Permit Medical Marijuana

FOOTHILL RANCH, CA--(Marketwire - November 15, 2010) - Medical Marijuana Inc (PINKSHEETS: MJNA) applauds Arizona voters for approving Proposition 203, which legalizes marijuana for medical use. MJNA Chairman Bruce Perlowin stated, "Arizonans who benefit from the medical efficacy of marijuana can now obtain legal and safe marijuana with a recommendation from their doctor to alleviate their suffering."

The Arizona measure will allow patients with diseases including cancer, HIV/AIDS, Hepatitis C and any other "chronic or debilitating" disease that meets guidelines to buy 2½ ounces of marijuana every two weeks or grow plants. Also proposed are 120 state-regulated clinics to dispense marijuana. Those living more than 25 miles from a clinic will be allowed to grow 12 plants for their own medicine. Medical marijuana cards and recommendations for patients from other states will be honored in Arizona, though those patients will not be allowed purchase to marijuana in the dispensaries.


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.


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.


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.