SOURCE: Medical Marijuana Inc

July 14, 2010 09:50 ET

Medical Marijuana Inc Signs Contract With the Pontiac Silverdome in Michigan for Major Event

FOOTHILL RANCH, CA--(Marketwire - July 14, 2010) - Medical Marijuana Inc (PINKSHEETS: MJNA) is now set to produce the largest cannabis/wellness event ever held in the Midwest. The event is scheduled for Halloween weekend in Pontiac, Michigan at the renowned Silverdome.

Bruce Perlowin, the CEO of MJNA, said, "With the experience gained from the past year of doing small educational seminars, we are now prepared to roll out large scale expos throughout the US. Michigan is a great place to start as they recently joined the list of states permitting the use of medicinal marijuana. The sheer size of the Pontiac Silverdome will allow for the sale of hundreds of exhibitor booths, a hundred thousand visitors and live band performances. We look forward to participating with our partner Ed Kresty in the production of a fantastic 3 day event filled with education, entertainment and opportunity."

Ed Kresty, the CEO of Holistic Health Education Center (http://holistichealthed.com), said, "I'm excited to partner with Medical Marijuana Inc (MJNA) in this joint venture. The expo will bring together the holistic health and wellness community and the cannabis industry. By holding the event at a venue as historic as the Pontiac Silverdome we're provided with a unique opportunity to make the event the largest of its kind in the Midwest. I look forward to working with Medical Marijuana Inc and the new management team of the Silverdome to showcase this expo."

The Hemp Network, which is a division of MJNA, has been established to provide hemp and wellness related products to a wide marketplace with the use of network marketing to create massive distribution. President Don Steinberg and CEO Bruce Perlowin have in the past created one of the world's largest network marketing companies in the telecommunications industry. They bring that experience plus a team of advisors and associates that include immunologists, formulators, Doctors, PhD's, marketing teams, software engineers and more. To learn more about The Hemp Network and to participate in daily conference calls which discuss the pay plan, products, upcoming events and exchange of ideas, call 218-339-3600 PIN: 321677, or listen to the recorded calls 24/7 at: 951-262-3496.

Medical Marijuana Inc Provides Tax Solution for Cities to Collect on Marijuana Sales

Medical Marijuana Inc has the solution cities are looking for to collect taxes on Marijuana sales. President Don Steinberg states, "As we move closer to legalization in California the focus from the cities perspective is 'How To Tax.' We have a system in place that allows cities to collect taxes that same day, therefore providing daily tax revenues to that city. MJNA, thru its division 'The Hemp Network' now has 100s of agents who will be spreading out across America to advise cities of this tax solution."

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.

Contact Information