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Medical Marijuana, Inc. Portfolio of Companies Announces Expansion of Offices and Warehouse Operations in California

2017-10-11 09:00 ET - News Release

SAN DIEGO, Oct. 11, 2017 /PRNewswire/ -- Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, announced today that it has expanded the size of its operations warehouse, more than tripling the size of the previous site.

This expansion is a direct result of the rapid sales growth within the portfolio of companies, and with this growth over the coming months will come approximately 20 new employment opportunities at the operations facility.

"This expansion has been needed for a while now, as we were bursting at the seams. The most exciting thing about our new larger facilities and staff is we will be able to process as many as five times the number of orders than previously possible," said Medical Marijuana, Inc. Subsidiary Kannaway® CEO Blake Schroeder.

This will allow the Medical Marijuana, Inc. portfolio of companies, such as wholly owned subsidiaries Kannaway® and HempMeds®, to provide more of the highest-quality CBD lifestyle products to customers around the globe.

"We are proud to watch our portfolio of companies expand to larger endeavors as we continue to expand into new and growing markets," said Medical Marijuana, Inc. CEO Dr. Stuart Titus. "Our portfolio of companies continues to create exciting developments in the cannabidiol (CBD) sector and is on track for a banner year, in terms of gross sales revenue figures. We are very pleased that this fantastic year of growth and expansion will bring new jobs to the area."

The warehouse is in the greater San Diego Area, and the expansion has already been completed; New job openings will begin to be posted throughout the remainder of the year.

About Medical Marijuana, Inc.

We are a company of firsts®. 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 details on Medical Marijuana, Inc.'s portfolio and investment companies, visit www.medicalmarijuanainc.com.

To see Medical Marijuana, Inc.'s video statement, click here.

Shareholders are also encouraged to visit the Medical Marijuana, Inc. Shop for discounted products.

FORWARD-LOOKING DISCLAIMER AND DISCLOSURES

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.

The statements in this press release have not been evaluated by the Food and Drug Administration (FDA) and are not intended to diagnose, treat or cure any disease.  The Company does not sell or distribute any products that are in violation of the United States Controlled Substances Act. The Company does sell and distribute hemp-based products.

CONTACT:
Public Relations Contact:
Andrew Hard
Chief Executive Officer
CMW Media
P: 888-829- 0070
andrew.hard@cmwmedia.com
www.cmwmedia.com

 

View original content:http://www.prnewswire.com/news-releases/medical-marijuana-inc-portfolio-of-companies-announces-expansion-of-offices-and-warehouse-operations-in-california-300534437.html

SOURCE Medical Marijuana, Inc.

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