Medical Marijuana Inc.'s HempMedsPX Leading the Industry With Hemp-Based
Cannabidiol (CBD) Products
Cannabidiol (CBD)-Rich Hemp Oil Wins High Times Medical Cannabis Cup -- "High
SAN DIEGO, Sept. 27, 2013 (GLOBE NEWSWIRE) -- Medical Marijuana Inc. (OTC
Pink:MJNA) is pleased to inform shareholders and the general public that
HempMedsPX—a corporate portfolio company of Medical Marijuana Inc. and the
exclusive master distributor and contracted marketing company for CannaVest
Corp. and Medical Marijuana Inc.— entered the "High CBD (cannabidiol)
Award"-winning product at the High Times Medical Cannabis Cup in Seattle,
Washington. Submitted by HempMedsPX on behalf of PhytoSPHERE Systems, the
prototype product CBD Simple tested at a record 95.8% CBD, the highest CBD
percentage ever documented at the Cannabis Cup.
All entries were tested by Analytical 360 and Northwest Botanical Analysis,
the independent laboratories employed by the High Times Medical Cannabis Cup
for this competition, and were further assessed by an expert panel for
additional attributes such as taste, smell, and visual presentation. CBD
Simple returned a CBD percentage of 95.8%, resulting in a sweep of the High
CBD—Concentrates category. HempMedsPX received the confirmed test results
earlier this week.
"The enthusiasm for high-CBD products at the Cup represents a huge shift in
cannabis culture," said Chris Boucher, Vice President of Product Development
for HempMedsPX. "This was the first time the company entered any products into
a competition of this kind, and we are thrilled with the result. The support
for what we are doing from the cannabis community was overwhelming."
Michael Mona Jr., President and CEO of CannaVest Corp., accepted the award in
Seattle on behalf of PhytoSPHERE Systems and HempMedsPX. "We are very thankful
for the hard work of our friends at HempMedsPX, and for the incredible
PhytoSPHERE team that produced this game-changing product. We are excited to
work together to bring standardized, hemp-based high CBD products to the
market," said Mona Jr.
The two-day event was held in Seattle, Washington on September 7-8, 2013. To
see the full results of the competition, please visit HighTimes.com.
For more information or to purchase hemp CBD products, please visit
HempMedsPX.com or call 866-273-8502.
HempMedsPX offers mainstream marketing, sales, customer service, and logistics
for the cannabis industry. HempMedsPX is a corporate portfolio company of
Medical Marijuana Inc. (OTC Pink:MJNA) and the exclusive master distributor
and contracted marketing company for CannaVest Corp. (OTC:CANV) and Medical
Marijuana Inc. In addition to handling sales and distribution of hemp
cannabidiol (CBD) products, HempMedsPX is the communication hub for the
Medical Marijuana Inc. family of companies.
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. For more information, please
visit the company's website at:www.MedicalMarijuanaInc.com
About CannaVest Corp.
CannaVest Corp. (OTC:CANV) is in the business of investing and developing
hemp-based cannabinoid companies. CannaVest Corp. also develops, produces,
markets and sells end-consumer products to the nutraceutical industry
containing the hemp plant extract, cannabidiol (CBD). Additionally, the
company resells—to third parties—raw product acquired by CannaVest Corp.
pursuant to the company's supply relationships in Europe. CannaVest Corp.
seeks to take advantage of an emerging worldwide trend to re-energize the
production of industrial hemp and to foster its many uses for consumers.
Cannabinoids (cannabidiol/CBD) are natural constituents of the hemp plant and
CBD is derived from hemp stalk and seed. Additional information is available
from OTCMarkets.com or by visiting CannaVest.com.
About PhytoSPHERE Systems
PhytoSPHERE Systems is a global phytocannabinoid biotechnology company based
in San Diego, California with an exclusive license for use by CannaVest Corp.
(OTC:CANV). The company utilizes advanced cultivation methods and
state-of-the-art processing technology leading to development of
pharmaceutical, nutraceutical and food products.
PhytoSPHERE Systems, the manufacturer of the CBD-rich hemp oil used in Real
Scientific Hemp Oil (RSHO), has developed special cultivars (similar to
"strains") that produce hemp that is especially rich in CBD, making it
possible for PhytoSPHERE to offer all-natural products with high
concentrations of hemp-based CBD. For more information, visit:
FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE
These statements have not been evaluated by the FDA and are not intended to
diagnose, treat or cure any disease.
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. and CannaVest Corp. to be materially different from
the statements made herein.
Medical Marijuana, Inc., CannaVest Corp., and HempMedsPX do not sell or
distribute any products that are in violation of the United States Controlled
Substances Act (US.CSA). These companies do grow, sell and distribute
hemp-based products and are involved with Federally Legal Distribution of
Medical Marijuana based products within certain international markets.
CONTACT: Investor relations contact:
Stuart T. Smith
Medical Marijuana, Inc.
Toll Free: 888-OTC-MJNA (888-682-6562)
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