Legalized Marijuana: Companies Moving Now To Cash In On Cannabis

Largely illegal in the U.S. for a century, weed became legal in Washington and Colorado at the start of the year after voters in those states gave the go-ahead in 2012. Further north, voters could decide in August whether Alaska will become the third state to remove prohibitions on the recreational use of pot. A poll released Monday by Quinnipiac University suggests residents of New York, a state notorious for its strict drug laws, are in favor of legalizing small amounts of marijuana for personal use by a comfortable margin of 18 percentage points.

Estimates of the total value of a legal pot industry in the U.S. are hard to establish in part because the current price of marijuana is artificially high; illegal substances, after all, are a significant risk to black market dealers and buyers, and with that comes a premium. A 2011 report by See Change Strategy, which focuses on growth in new markets, estimated that the value of medical marijuana alone would grow from $1.7 billion to about $9 billion by 2016.

Here are some companies that have begun positioning themselves to cash in on this cash crop: CONTINUE THRU THIS LINK!

By Angelo Young on February 20 2014 10:59 AM

Marijuana Retailer

Above:  Nate Johnson, managing owner of the Queen Anne Cannabis Club, sells a marijuana strain called "Beast Mode OG", named after NFL player Marshawn "Beast Mode" Lynch of the Seattle Seahawks, in Seattle, Washington January 28, 2014. Reuters

Medical Marijuana Inc. Announces Wholesale Distribution Sales Program for Dixie X CBD Hemp Wellness Product Line

By Medical Marijuana Inc.

Medical Marijuana Inc.

Published: Friday, Oct. 12, 2012 – 5:45 am

SAN DIEGO, Oct. 12, 2012 — /PRNewswire/ — Medical Marijuana Inc. (OTC: MJNA), a leading hemp industry innovator, announces today that its portfolio company, Red Dice Holdings, will be expanding its Dixie X sales force with a national wholesale program commencing in California this month.

Following the successful recent launch of Dixie X on-line sales, this initial expansion will target health and wellness centers as well as chiropractic therapy providers. This market accounts for approximately 20,000 potential sales locations in California alone.

In addition to online sales, Dixie X is currently marketed through a dedicated sales team in Colorado that sells to approximately 500 legal dispensary accounts. The company will now begin a large-scale sales expansion by signing a wholesale agreement for the California market with The Darrimon Group, a carefully selected team of eight independent sales reps with extensive experience selling insurance and consumer products focusing on the healthcare industry.

“Building a dedicated sales team for Dixie X in California is a logical and exciting step in the growth of our company. We have received interest from hundreds of organizations eager to help us bring Dixie X to the market and are pleased to launch California with the help of The Darrimon Group. Over the coming months, we will continue to develop wholesale distribution partnerships with quality organizations across the country and internationally,” says Dixie X Managing Director, Tripp Keber.

“We are excited to partner with Red Dice Holdings to continue the sales expansion of their exciting Dixie X product line. Our highly qualified sales professionals are eager to bring this powerful and unique product to the thousands of retail and wellness centers in California,” says Vernon Darrimon, of The Darrimon Group.

About Medical Marijuana, Inc. Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally friendly, economically sustainable businesses, while increasing shareholder value.

Medical Marijuana Inc. does not grow, sell or distribute any substances that violate United States Law or the controlled substance act.

For more information, please visit the company’s website at: www.MedicalMarijuanaInc.com

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.

FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE These statements have not been evaluated by the Food and Drug Administration (FDA). These products and statements are not intended to diagnose, treat, cure, or prevent any disease.

Corporate Contact:

Medical Marijuana, Inc. Toll Free: 888-OTC-MJNA (888-682-6562) www.medicalmarijuanainc.com www.facebook.com/mjnainc Investor Relations Contact: Stuart T. Smith SmallCapVoice.Com, Inc. P. 512-267-2430 F. 512-267-2530 Email: [email protected] Skype: SmallCapVoice.com AIM: SmallCapVoice7

SOURCE Medical Marijuana Inc.

Read more here: http://www.sacbee.com/2012/10/12/4905781/medical-marijuana-inc-announces.html#storylink=cpy