The Fight for Industrial Hemp - Research Report on Medical Marijuana Inc.
The legalization of recreational marijuana in some states is encouraging
Medical Marijuana, Inc. to support a petition for the legalization of
NEW YORK, January 24, 2013
NEW YORK, January 24, 2013 /PRNewswire/ --
As of December 2012, the recreational use of marijuana, which was usually
frowned upon, has been legalized in the states of Colorado and Washington.
Seeing this as an opportunity, Medical Marijuana, Inc. (OTC: MJNA) [Full
Research Report]^ a leading hemp industry innovator, supports a petition to
honor the legalization of industrial hemp as a states right issue.
The use of medical marijuana is already legal in some states but industrial
hemp, another species derived from the cannabis plant, is still grossly
underutilized and misunderstood. The legalization served as a green light for
many companies like Medical Marijuana to fight for the benefits that marijuana
and hemp provide, and to hope for a domino effect state-by-state legalization.
As pioneers in the resurgence of industrial hemp and staying true to their
mission, "to create awareness within the industry, develop environmentally
friendly, economically sustainable businesses, while increasing shareholder
value," Medical Marijuana strives to provide hemp products, which contribute
to the health and wellbeing of humanity, through its diversified portfolio,
and so far, they have been successful in doing so.
The company's success amidst the challenges can be credited to their ability
to change and keep up with the rapidly changing economic, legal, and political
environments that surround the industry. Medical Marijuana remains as a
cornerstone investment as it has been able to lay a stronger foundation upon
which the industry can prosper.
Diversification is the secret to success of most industry leading companies.
For Medical Marijuana, it clearly defined its nine subsidiaries' purpose to
relate to individual market, consumer, or partner need, providing an
unparalleled business model.
Dedicated companies like Medical Marijuana have contributed to the rapid
growth of the utilization of industrial hemp for food and fiber products,
increasing over 300 percent in the past few years. The legalization of
industrial hemp will further benefit the people and the economy as there will
be creation of a new and highly profitable agricultural industry, increased
trade opportunities, increase in GNP, improved health and environmental
conditions, new tax resources, and reduced costs with respect to enforcement
of current laws.
If ever widespread legalization happens, all kinds of investors would be
attracted to this industry, as what Bruce Perlowin, CEO of Hemp, Inc. (OTC:
HEMP) said, "Everybody wants in on the next big thing."
^ ^ The Full Research Report on Medical Marijuana Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
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