{"id":2903,"date":"2016-11-29T17:54:47","date_gmt":"2016-11-29T17:54:47","guid":{"rendered":"http:\/\/www.medicalmarijuanainc.com\/?p=18494"},"modified":"2016-11-29T17:54:47","modified_gmt":"2016-11-29T17:54:47","slug":"medical-marijuana-inc-s-investment-axim-biotech-files-ip-application-proprietary-method-extract-high-purity-thc","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2016\/11\/29\/medical-marijuana-inc-s-investment-axim-biotech-files-ip-application-proprietary-method-extract-high-purity-thc\/","title":{"rendered":"Medical Marijuana, Inc.\u2019s Investment AXIM\u00ae Biotech Files IP Application on Proprietary Method to Extract High-Purity THC"},"content":{"rendered":"

Company\u2019s major investment company announces filing of protection for proprietary method of THC extraction that will achieve highest THC purity level on the market.<\/span><\/em><\/h3>\n

SAN DIEGO \u2013 Nov. 29, 2016 \u2013<\/b> Medical Marijuana, Inc.<\/span> (OTC: <\/span>MJNA<\/span><\/a>), the first-ever publicly traded cannabis company in the United States, announced today that its major investment company <\/span>AXIM<\/span>\u00ae<\/span> Biotechnologies, Inc. (AXIM<\/span>\u00ae<\/span> Biotech<\/span><\/a>) (OTC: AXIM) has filed an <\/span>IP application<\/span><\/a> with the World Intellectual Property Organization (WIPO) on a proprietary method to extract THC-A (tetrahydrocannabinol acid) from cannabis plants and to achieve THC (tetrahydrocannabinol) with higher purity than conventional methods being used in the market today. <\/span><\/p>\n

THC is the most commonly known cannabinoid derived from the cannabis plant. The recently-filed IP would give protection to the invention of a method of extraction of THC-A from cannabis flower using a solvent where the yield is approximately 50 – 70% with regards to THC-A content in the starting material. A neutral metal salt or inorganic base solution saturated with the metal neutral salt and adjusted to basic pH enables separation of the THC-A layer and significantly increases the yield. THC-A is then decarboxylated in a water\/ethanol solution to render THC at a purity greater than 95%. <\/span><\/p>\n

The IP was generated in collaboration with Syncom B.V., a Netherlands-based premier company in custom synthesis solutions for pharmaceutical and biotech industry. <\/span><\/p>\n

\u201cWe are extremely excited to see that AXIM has filed this IP it as it represents the first stage of a chain of processes in development of novel and revolutionary drug products all based on AXIM\u2019s propriety IP,\u201d said Dr. Stuart Titus, CEO of Medical Marijuana, Inc. \u201cThis is another example of how AXIM is at the forefront of the cannabis biotechnology industry. This extraction method will change how THC can be utilized in products in the future and open up new possibilities for the industry as a whole.\u201d \u00a0\u00a0\u00a0<\/span><\/p>\n

He continued, \u201cThe THC purity level that AXIM is able to achieve through this invention will untimely represent a milestone achievement in the standardizing of cannabis based products. With roughly 440 marijuana strains in existence with varying levels of cannabinoids, trying to make this into a standardized medicine has represented a real challenge for the research community. Now AXIM has overcome these hurdles and we believe this will allow for future cannabis based drug development opportunities.\u201d<\/span><\/p>\n

###<\/span><\/b><\/p>\n

 <\/p>\n

About Medical Marijuana, Inc.<\/b><\/p>\n

Our mission is to be the premier cannabis and hemp industry innovators, leveraging our\u00a0team of professionals to source, evaluate and purchase value-added companies and\u00a0products, while allowing them to keep their integrity and entrepreneurial spirit. We strive\u00a0to create awareness within our industry, develop environmentally-friendly, economically\u00a0sustainable businesses, while increasing shareholder value. For details on\u00a0Medical\u00a0Marijuana, Inc.\u2019s portfolio and investment companies, visit\u00a0<\/span>www.medicalmarijuanainc.com<\/span><\/a>.<\/span><\/p>\n


\n<\/span>To see Medical Marijuana, Inc.\u2019s video statement,\u00a0<\/span>click here<\/span><\/a>.\u00a0Shareholders are also encouraged to visit the\u00a0<\/span>Medical Marijuana, Inc. Shop<\/span><\/a>\u00a0for\u00a0discounted products.<\/span><\/p>\n

About AXIM<\/b><\/p>\n

AXIM\u00ae Biotechnologies, Inc. (OTC: <\/span>AXIM<\/span><\/a>) focuses on the research, development and production of cannabis-based pharmaceutical, nutraceutical and cosmetic products. Our flagship products include CanChew, a CBD-based controlled release chewing gum, and MedChew Rx, a combination CBD\/THC gum that is undergoing clinical trials for the treatment of pain and spasticity associated with multiple sclerosis. We prioritize the well-being of our customers while embracing a solid fiscal strategy. Medical Marijuana, Inc. is a major investor in AXIM. For more information, visit <\/span>www.AXIMBiotech.com<\/span><\/a>.<\/span><\/p>\n

FORWARD-LOOKING DISCLAIMER<\/em><\/strong><\/p>\n

This press release may contain certain forward-looking statements and information, as\u00a0defined within the meaning of Section 27A of the Securities Act of 1933 and Section\u00a021E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created\u00a0by those sections. This material contains statements about expected future events\u00a0and\/or financial results that are forward-looking in nature and subject to risks and\u00a0uncertainties. Such forward-looking statements by definition involve risks, uncertainties\u00a0and other factors, which may cause the actual results, performance or achievements of\u00a0Medical Marijuana, Inc. to be materially different from the statements made herein.<\/span><\/em><\/p>\n

FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE<\/em><\/strong><\/p>\n

These statements have not been evaluated by the FDA and are not intended to\u00a0diagnose, treat or cure any disease.<\/span><\/em><\/p>\n

LEGAL DISCLOSURE<\/em><\/strong><\/p>\n

Medical Marijuana Inc. does not sell or distribute any products that are in violation of the\u00a0United States Controlled Substances Act (US.CSA). These companies do grow, sell, and distribute hemp-based products and are involved with the federally legal distribution\u00a0of medical marijuana-based products within certain international markets. Cannabidiol is\u00a0a natural constituent of hemp oil.<\/span><\/em><\/p>\n

\u00a0<\/b><\/p>\n

Public Relations Contact:<\/strong><\/p>\n

Andrew Hard<\/span><\/p>\n

Chief Executive Officer<\/span><\/p>\n

CMW Media<\/span><\/p>\n

888-829- 0070<\/span><\/p>\n

andrew.hard@cmwmedia.com<\/span><\/a><\/p>\n

www.cmwmedia.com<\/span><\/a><\/p>\n

\u00a0<\/span><\/p>\n

Corporate Business Contact:<\/strong><\/p>\n

Nicholas R. Massalas<\/span><\/p>\n

Director of Business Development<\/span><\/p>\n

Medical Marijuana, Inc.<\/span><\/p>\n

OTC Symbol: MJNA<\/span><\/p>\n

Toll Free: 888-OTC- MJNA\u00a0<\/span>(888-682- 6562<\/span><\/a>)<\/span><\/p>\n

www.medicalmarijuanainc.com<\/span><\/a><\/p>\n

www.facebook.com\/mjnainc<\/span><\/a><\/p>\n

\u00a0<\/span><\/p>\n

Investor Relations Contact:<\/strong><\/p>\n

EquiNet, LLC<\/span><\/p>\n

Toll Free:\u00a0<\/span>(877) 964.6463<\/span><\/a><\/p>\n

Office\/Direct:\u00a0(858) 264-6500<\/span><\/p>\n

Email:\u00a0<\/span>info@equinet.us<\/span><\/a><\/p>\n

www.equinet.us<\/span><\/a> \t<\/p>\n","protected":false},"excerpt":{"rendered":"

Company\u2019s major investment company announces filing of protection for proprietary method of THC extraction that will achieve highest THC purity level on the market. SAN DIEGO \u2013 Nov. 29, 2016 \u2013 Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, announced today that its major investment company AXIM\u00ae Biotechnologies, […]<\/p>\n","protected":false},"author":1,"featured_media":212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[160,2],"tags":[183],"class_list":["post-2903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-axim-biotechnologies","category-press-releases","tag-axim-biotechnologies"],"yoast_head":"\nMedical Marijuana, Inc.\u2019s Investment AXIM\u00ae Biotech Files IP Application on Proprietary Method to Extract High-Purity THC - Medical Marijuana, Inc.<\/title>\n<meta name=\"description\" content=\"AXIM\u00ae Biotech announces filing of protection for proprietary method of THC extraction that will achieve highest THC purity level on the market.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medical Marijuana, Inc.\u2019s Investment AXIM\u00ae Biotech Files IP Application on Proprietary Method to Extract High-Purity THC - 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