{"id":3349,"date":"2015-07-14T20:33:25","date_gmt":"2015-07-14T20:33:25","guid":{"rendered":"http:\/\/www.medicalmarijuanainc.com\/?p=2888"},"modified":"2015-07-14T20:33:25","modified_gmt":"2015-07-14T20:33:25","slug":"medical-marijuana-inc-partnership-hempmeds-brasil-real-scientific-hemp-oil-rsho-import-tax-waived-by-brazilian-government","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2015\/07\/14\/medical-marijuana-inc-partnership-hempmeds-brasil-real-scientific-hemp-oil-rsho-import-tax-waived-by-brazilian-government\/","title":{"rendered":"Real Scientific Hemp Oil (RSHO) Import Tax Waived by Brazilian Government"},"content":{"rendered":"

Latest Brazilian Government Ruling Eliminates Import Tax of MJNA\u2019s CBD Hemp Oil Brands, Including Real\u00a0Scientific Hemp Oil\u2122 (RSHO\u2122), with ANVISA Registration and Documentation<\/h3>\n

SAN DIEGO, CA \u2013 July 14, 2015<\/b> \u2013 Medical Marijuana, Inc. (OTC Pink: MJNA), an industrial hemp industry innovator and investor, is proud to announce that through its partnership with HempMeds Brasil\u2122<\/a>, import taxes are now waived on shipments of Real Scientific Hemp Oil\u2122 (RSHO\u2122)<\/a> with ANVISA registration<\/a> and documentation. The Brazilian government ruling<\/a> is in effect as of July 13.<\/p>\n

To date, RSHO<\/a>\u2122 was the first product to receive Brazilian government approval for import, government subsidized status, and government insurance rebates.<\/p>\n

Hemp is widely regarded as a \u201cwhole food\u201d and \u201csuper food.\u201d MJNA\u2019s cannabidiol (CBD) hemp oil<\/a> is derived from the mature stalk of the hemp plant and\u00a0<\/b>is considered a food nutrient delivering the benefits of cannabinoids without the psychotropic\/euphoric effects of THC. Although CBD hemp oil products from MJNA are readily available in and ship to all U.S. states, territories, and districts, hemp oil products are handled quite differently in Brazil.<\/p>\n

Until recently, the Brazilian government treated anything derived from cannabis \u2013 even hemp \u2013 as illegal and, therefore, a controlled substance. In a series of landmark rulings, the Brazilian government began permitting the importation of hemp CBD oil products<\/a> \u2013 including RSHO<\/a> \u2013 with registration by the Federal government agency ANVISA. The Federal government agency also removed CBD from its prohibited substance use<\/a> list.<\/p>\n

In the latest ruling by the Brazilian government, as stated in a translated article by Globo<\/a>: \u201cThe IRS changed the ordinance 156, 1999 change published in the Official Gazette on Monday. The new rule extends to international air parcels transported by express delivery company.\u00a0In practice, the drug will be delivered to the domicile of the importer without the payment of federal taxes.\u201d This decision further increases accessibility and affordability to Brazilian residents.<\/p>\n

\u201cWe applaud the government of Brazil for making this historic decision to eliminate as much as 60% of import taxes on imported CBD products such as Real Scientific Hemp Oil<\/a>,” said Dr. Stuart Titus PhD, the CEO of Medical Marijuana, Inc. “Over the last several years, we have also been working to reduce prices and make CBD hemp oil<\/a> products more affordable on a global scale.\u201d<\/p>\n

\u201cWe have been working tirelessly with government officials, ANVISA and transportation companies in order to streamline the importation and distribution of RSHO<\/a>,\u201d Titus added.<\/p>\n

HempMeds Brasil\u2122<\/a> has confirmed that residents in Brazil who are unable to pay for hemp CBD oil<\/a> products are receiving financial assistance from the Brazilian government or insurance to subsidize the cost of imported CBD hemp oil<\/a> products.<\/p>\n

Titus continues, “The Brazilian government has been working quickly and with compassion for its citizens. We are extremely impressed and very grateful for this latest ruling; it helps our Company achieve cost reduction while empowering the people of Brazil with immediately more affordable access to CBD hemp oil<\/a> products including RSHO<\/a>.”<\/p>\n

\u201cWe\u2019re very proud of our entire team\u2019s efforts to accomplish this historic change for the people of Brazil,\u201d Titus added. \u201cThis is why our team works so tirelessly every day.\u201d<\/p>\n

During the process of acquiring the government approval to import, now with the import tax eliminated, Medical Marijuana, Inc. has also helped subsidize people in need in Brazil, trying to get the product to residents that needed RSHO<\/a> and couldn\u2019t afford it.<\/p>\n

MJNA\u2019s flagship CBD hemp oil product RSHO<\/a>\u2122 has captured headline news in Brazil from news agencies including:<\/p>\n