Subject: MJNA Closes a Major Media Week

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MJNA Closes a Major Media Week
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Company:
Medical Marijuana Inc. (Pink Sheets: MJNA)


Last:

Price: 0.128

Change (%): - 0.007 (5.19)

Volume: 6,311,541
MJNA Chart

Medical Marijuana Inc. Retains Accounting Firm Anthony W. Imbimbo & Associates to Perform Financial Audit

“This is an important milestone for MJNA and is consistent with the plan we previously described to begin the audit process after year-end,” stated Michelle Sides , Chief Operating Officer of MJNA. Ms. Sides went on to say, “The audit enables us to continue realizing our objective of uplisting and becoming a fully reporting company.”

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Tripp Keber from Dixie Elixirs Interview at iCannabisRadio.com

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Colorado Preps for Recreational Marijuana

The passage of the new law raises a lot of questions, especially for the established medical marijuana community. While marijuana advocates cheered Amendment 64's passage, Colorado's current medical marijuana providers, arguably the nation's most successful and well-regulated, are apprehensive about how the new laws might change the current landscape. These businesses, 299 medical marijuana centers statewide at the end of 2012, have completed 1000-page business applications and probing background checks, paid taxes to the state Department of Revenue and still managed to turn a profit.

“Ultimately my goal is to sell our business to big alcohol, big tobacco, or potentially big pharma,” says Tripp Keber, managing director of Dixie Elixirs. The company makes more than 75 marijuana-infused products, ranging from marijuana-infused truffles to flavored sodas to non-psychoactive cannabis body lotion. Located in the Denver warehouse district , a whiff of the outside air leaves little doubt about the new cash crop in town.

But however the states regulate it, marijuana remains a Schedule I narcotic in the eyes of the federal government, equivalent to heroin and LSD. That means that, while unlikely, all of these business owners, employees, and even regulators are open to federal prosecution. While the risks are still high, Keber says he sleeps pretty soundly.

"We operate with our doors wide open,” says Keber, “and we've hosted law enforcement officers, state and federal legislators here. The reality is that (prosecution) is always a concern, but I don't lose sleep over it. If federal agents arrest me… they should go to mayor's office since he puts his name on the business license, then they should wrap up the governor since he signed it into law.”

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Medical Marijuana Inc. and Portfolio Company Red Dice Holdings Launches Re-Brand of Innovative Hemp Oil Wellness Product Line

SAN DIEGO, Jan. 17, 2013 /PRNewswire/ — Medical Marijuana Inc. (OTC: MJNA), a leading hemp industry innovator, is pleased to announce that its portfolio company, Red Dice Holdings, owner of the Dixie Elixirs & Edibles brand is re-launching their innovative hemp oil wellness brand today as Dixie Botanicals.

The company originally launched its Hemp Wellness products in September 2012 under the name Dixie X. While the product was very well received in the market, the company determined that Dixie Botanicals provided a broader brand platform and more clearly described the natural and beneficial direction for future product development.

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Mid-Day Commentary & Reports For: (PINKSHEETS: MJNA), (PINKSHEETS: AONEQ)

New York, Jan 17, 2013 (eTeligis.com via COMTEX) Medical Marijuana Inc. (PINKSHEETS: MJNA), a company engaged in the medical marijuana and industrial hemp markets, is marginally lower in mid-day trading today even as the company announced that its portfolio company, Red Dice Holdings, which owns the Dixie Elixirs & Edibles brand, is re-launching its innovative hemp oil wellness brand today as Dixie Botanicals.

Red Dice CEO Tripp Keber said that the company is excited to launch the re-brand of its Dixie X line as Dixie Botanicals Hemp Oil Wellness Products.

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Penny Stocks Moving on Up Trending Momentum

Medical Marijuana, Inc. (PINK:MJNA) is the first publicly held company vested in the medical marijuana and industrial hemp markets. The company is comprised of a diversified portfolio of products, services, technology and businesses solely focused on the cannabis and hemp industries. MJNA is showing an ongoing increase in gains as investors push the stock up another $.0047 (3.13%) bringing the intraday trade price up to $.155 with about 5.58 million shares exchanged. Can MJNA continue to push higher without news? Stick around.

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