{"id":3180,"date":"2015-12-14T19:17:25","date_gmt":"2015-12-14T19:17:25","guid":{"rendered":"http:\/\/www.medicalmarijuanainc.com\/?p=4993"},"modified":"2015-12-14T19:17:25","modified_gmt":"2015-12-14T19:17:25","slug":"medical-marijuana-inc-s-hempmeds-brasil-now-has-three-medical-indications-approved-as-prescriptions-100-of-the-costs-now-covered-by-brazilian-government","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2015\/12\/14\/medical-marijuana-inc-s-hempmeds-brasil-now-has-three-medical-indications-approved-as-prescriptions-100-of-the-costs-now-covered-by-brazilian-government\/","title":{"rendered":"Medical Marijuana, Inc.\u2019s HempMeds Brasil\u2122 Now Has Three Medical Indications Approved As Prescriptions \u2013 100% of the Costs Now Covered by Brazilian Government"},"content":{"rendered":"
San Diego, Calif. — December 14, 2015 <\/strong>\u2013 Medical Marijuana, Inc.<\/a>\u2019s (OTC Pink: MJNA) cannabidiol (CBD) hemp oil<\/a> \u2013 a legal U.S. cannabis product shipping to all 50 states \u2013 is creating global demand and a new business category for export. HempMeds Brasil\u2122<\/a> has developed a portfolio of nine products for export into the Latin American prescription drug markets, of which three indications are approved and the full cost paid by the Brazilian Government.<\/p>\n To date, for HempMeds Brasil\u2122<\/a> the three indications<\/em> approved for export from the U.S. to Brazil are: epilepsy<\/a>, Parkinson\u2019s disease<\/a> and chronic pain<\/a>, with several more serious health conditions expected to be added over the coming quarter. Currently, Brazil is the world\u2019s 7<\/a>th<\/sup><\/a>–<\/a>largest economy<\/a>, as well as the largest national economy in Latin America \u2013 and has a population of more than 204 million<\/a> people.<\/p>\n Across the globe, these indications affect billions of people:<\/p>\n \u201cAs more Brazilians gain access to cannabidiol (CBD) hemp oil, and see efficacy with these indications that affect billions of people worldwide, the world can\u2019t help but take notice,\u201d says Dr. Stuart W. Titus, Chief Executive Officer of Medical Marijuana, Inc. Titus went on to explain that, \u201cThis is an important step for the U.S. economy exporting cannabis; hemp is on its way to exploding onto the global market. These approvals are what the company has been and will continue to push for. This is truly an historic time for the company and the cannabis industry as a whole. The approval of HempMeds Brasil\u2019s\u2122 products take the conversation from \u2013 if cannabis can become a drug and regulated appropriately \u2013 to that it has been and is now working in the healthcare system.\u201d<\/p>\n By the end of 2015, the Brazilian pharmaceutical market is expected to be worth 27.6 billion U.S. dollars<\/a>. Today, residents of Brazil who have a government-recognized medical indication and want access to\u00a0RSHO\u2122 hemp oil products<\/a>, may do so with a doctor’s prescription and approved import documentation from\u00a0ANVISA<\/a>. The government agency issued a statement on its website and also explains how to apply for an import certificate \u2013 or Brazilians may order RSHO<\/a>TM<\/sup><\/a> hemp oil products<\/a> directly from HempMeds Brasil<\/a>\u2122 and send their bill directly to the government for reimbursement. HempMeds Brasil<\/a>\u2122 has been working for more than a year on its formal product application and regulatory submission. The company expects this to take through 2016 to complete.<\/p>\n \u201cThis is truly a landmark time for our company and the industry. As we get additional indications approved, we then look to apply with the United States, European health authorities, and other international markets, to commence the process of drug applications and approvals for these same indications,\u201d Titus says.<\/p>\n \u201cWe have a significant advantage over conventional pharmaceutical and medical cannabis companies,\u201d Titus continues. \u201cOur products are available in international markets, and as we grow that marketplace we have the flexibility to then back into additional markets with known efficacy and risk profiles. We also anticipate having the capital and cash flow from our current drug pipeline to achieve those necessary approvals, which may in many cases require clinical trials within the target indications and countries. I would like to also take this time to thank our dedicated team and supportive shareholders, whom without, none of this would be possible. I would also like to thank all of our families and patients who have fought so hard to have access to these kinds of products.\u201d<\/p>\n For additional information on RSHO\u2122 hemp CBD oil products available for import, visit the HempMeds Brasil\u2122 website here<\/a>.<\/p>\n About HempMeds Brasil<\/strong>\u2122 About Medical Marijuana Inc<\/em><\/strong>. FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE FORWARD-LOOKING DISCLAIMER LEGAL DISCLOSURE For further information, please contact:<\/u><\/p>\n Public Relations contact: Corporate contact:<\/p>\n Medical Marijuana, Inc.<\/p>\n Toll Free: 888-OTC-MJNA (888-682-6562)<\/p>\n www.medicalmarijuanainc.com<\/p>\n www.facebook.com\/mjnainc \t<\/p>\n","protected":false},"excerpt":{"rendered":" Medical Marijuana, Inc.\u2019s Hemp-Based Cannabidiol (CBD) Oil Products Cost Being 100% Subsidized by the Brazilian Government for Three Indications: Epilepsy, Parkinson\u2019s and Chronic Pain San Diego, Calif. — December 14, 2015 \u2013 Medical Marijuana, Inc.\u2019s (OTC Pink: MJNA) cannabidiol (CBD) hemp oil \u2013 a legal U.S. cannabis product shipping to all 50 states \u2013 is […]<\/p>\n","protected":false},"author":1,"featured_media":3181,"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":[3,4,2],"tags":[192,49,180],"class_list":["post-3180","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","category-hempmeds-brasil","category-press-releases","tag-hempmeds-brazil","tag-medical-marijuana-inc","tag-real-scientific-hemp-oil"],"yoast_head":"\n\n
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\nHempMeds Brasil<\/a>\u2122 is a corporate affiliated company of\u00a0Medical Marijuana, Inc.<\/a>\u00a0(OTC Pink: MJNA) and is its exclusive\u00a0distributor of RSHO\u2122.\u00a0HempMeds Brasil<\/a>\u2122 offers specialized marketing, sales, customer service, and logistics to supply natural hemp oil rich in CBD to the medical community and families of Brazil. For more information on\u00a0HempMeds Brasil<\/a>\u2122 and their all-natural hemp oil products, visit:\u00a0http:\/\/www.hempmeds.com.br<\/a>. The Company invites the public to get involved in the conversation on the expanding cannabis industry with\u00a0HempMeds<\/a>\u00a0Brasil\u2122 through the Company’s social media channels\u00a0Facebook<\/a>,\u00a0Twitter<\/a>\u00a0and\u00a0blog<\/a>.<\/p>\n
\n<\/em><\/strong>The mission of Medical Marijuana, Inc. (OTC Pink: MJNA) is to be the premier hemp industry innovator, 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\u2019s website at: www.MedicalMarijuanaInc.com<\/a>.<\/u><\/p>\n
\nThese statements have not been evaluated by the FDA and are not intended to diagnose, treat or cure any disease.<\/em><\/p>\n
\nThis 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.<\/em><\/p>\n
\nMedical Marijuana Inc. and HempMeds do not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). These companies do 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.<\/em><\/p>\n
\nAndrew Hard
\nChief Executive Officer
\nCMW Media
\nP. 888-829-0070
\nandrew.hard@cmwmedia.com<\/a>
\n<\/a>www.cmwmedia.com<\/a><\/p>\n