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| MJNA 1St Company to Provide Mexican Citizens Access to Medical Marijuana Now Officially Legal |
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 Hot Stock to Watch |
Company: Medical Marijuana, Inc. (Pink Sheets: MJNA)
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Last:
Price: 0.1005
Change (%): + 0.0001 (0.14)
Volume: 887,505 |
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Medical Marijuana, Inc. Applauds Mexico President for Signing Bill to Officially Legalize Medical Marijuana in Mexico
Medical Marijuana Inc., First Company to Provide Mexican Citizens Access to Medical Marijuana, Congratulates Cannabis Advocates in Mexico on Medical Cannabis Legalization
SAN DIEGO, June 22, 2017 /PRNewswire/ - Medical Marijuana, Inc. (OTC: MJNA), the first publicly traded cannabis company in the United States, today announced that it applauds Mexico President Pena Nieto for signing a bill into law June 19 that officially legalized the cultivation, production, and use of cannabis products with less than 1% THC for medical use in Mexico.
The new law, which was approved by Mexico lawmakers earlier this year by an overwhelming majority, will direct Mexico’s ministry of Health to draft and implement policies to regulate the use, importation, and production of pharmaceutical products derived from cannabidiol (CBD)-dominant/low-THC cannabis.
“This historic change in policy for this critical Latin America nation is a momentous achievement for the over 120 million Mexican citizens who can now benefit from the therapeutic benefits of medical cannabis, plus for the medical cannabis advocates who have worked diligently for many years to make the therapeutic use of cannabinoids legal in the Country,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “We are extremely proud to have been the first company to provide Mexico citizens with access to a medical product based on cannabis (THC-free hemp CBD) and applaud President Nieto and Mexico lawmakers for their commitment to cannabis reform. We look forward to continuing our support of Mexico as it moves forward with this new era of medical cannabis for those in need.
Medical Marijuana, Inc., started exporting to Mexico to help families gain access to THC-free CBD hemp oil RSHO-X™ after the Health Department of Mexico, COFEPRIS, issued the country’s first-ever government permits on February 2, 2016, to two families, including the Maldonado family whose daughter suffered from a severe form of epilepsy.
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