Source: Medical Marijuana Inc Press Release | March 31, 2014
Medical Marijuana Inc. and HempMedsPX Announce New Corporate Headquarters Campus in Poway, California
SAN DIEGO, March 31, 2014 (GLOBE NEWSWIRE) — Medical Marijuana Inc. (OTC Pink:MJNA) is pleased to announce that due to the exponential growth of its subsidiary company, HempMedsPX™, the Company has outgrown the current headquarters location in San Diego, California. After an extensive search in the greater San Diego area, a campus location has been secured as the new corporate headquarters for Medical Marijuana Inc. and HempMedsPX™. The multi-building campus is in the Scripps Poway Parkway area of Poway, California and the relocation begins in April, 2014. The current Rose Canyon, San Diego offices will become administration offices for current and developing joint ventures of subsidiary companies of Medical Marijuana, Inc.
“The cannabis industry is growing and changing at light speed,” says Michelle Sides, Chief Operating Officer of Medical Marijuana Inc. “After an exhaustive search of possible locations in the greater San Diego area, we are pleased to announce that Poway is the new home of Medical Marijuana Inc. and HempMedsPX™. We are thrilled that our increased sales volume necessitated a move within nine months of establishing HempMedsPX™ as the master distributor for Medical Marijuana Inc.”
The new Poway offices will house executive management, human resources, accounting, legal, information technology, sales, customer service, warehouses, distribution centers, marketing, communications, web design, web programming, social media, video production, and community outreach teams.
“As a rapidly growing cannabis-based business in a market that is predicted to grow faster than the smartphone industry did, it is critical to productivity that personnel have a central location to collaborate from in this fast-paced environment,” continues Sides. “In the first quarter, our team has grown from forty-six to sixty-four. In addition to adding staff to address immediate distribution and fulfillment needs, we recently welcomed seven former U-T TV employees to HempMedsPX™ to help expand our marketing objectives. Medical Marijuana Inc. and HempMedsPX™ operate under the belief that giving back to the community is part of the business model. Both companies look forward to extending our community outreach endeavors in the City of Poway.”
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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 Company’s exclusive master distributor and contracted marketing company. In addition to handling sales and distribution, HempMedsPX is the communication hub for the Medical Marijuana Inc. portfolio 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
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. to be materially different from the statements made herein.
Medical Marijuana Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). The company does grow, sell and distribute hemp-based products and are involved with the federally legal distribution of medical marijuana-based products within certain international markets. Cannabidiol is a natural constituent of hemp oil.
CONTACT: Investor relations contact: Perry Coleman Medical Marijuana Inc. P. 443-453-5088 [email protected]