Subject: MJNA Announces Major Revenue Growth and a Banner Start to 2017

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MJNA Announces Major Revenue Growth and a Banner Start to 2017
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Company: Medical Marijuana, Inc. (Pink Sheets: MJNA)


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Medical Marijuana, Inc. Announces Largest Revenue Quarter and Sales Month in Company History, 269% Revenue Increase From Q2 2016

Medical Marijuana, Inc. Wholly Owned Subsidiary Kannaway Has Largest Sales Month in June Since Company Was Founded

SAN DIEGO, July 11, 2017 /PRNewswire/ - Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, today announced that the second quarter of 2017 generated the largest revenue quarter in the Company’s history. Additionally, the Company celebrated the largest-ever single month of revenue in June 2017 as well as the largest sales month and quarter for wholly owned subsidiary Kannaway.

The Company saw a gross revenue increase from 1,660,633 dollars in Q2 2016 to 6,131,415 dollars in Q2 2017, a quarter-over-quarter increase of 269% making it the largest quarter in the Company’s history. The Company also saw year-to-date and year-over-year revenue increase from 3,177,103 to 9,651,088 dollars an increase of 203%.

“As a well-known Company of Firsts, we are encouraged to see the Company achieve a new milestone - hitting its highest revenue mark ever in this last financial quarter,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “We continue to work closely with our portfolio of companies to ensure their success, and look forward to breaking new records as we continue to expand our footprint in new markets.”

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