{"id":3921,"date":"2012-10-22T22:13:12","date_gmt":"2012-10-22T22:13:12","guid":{"rendered":"http:\/\/www.medicalmarijuanainc.com\/?p=4112"},"modified":"2012-10-22T22:13:12","modified_gmt":"2012-10-22T22:13:12","slug":"medical-marijuana-inc-dixie-elixirs-and-edibles-brand-lands-october-22-front-page-cover-story-of-newsweek","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2012\/10\/22\/medical-marijuana-inc-dixie-elixirs-and-edibles-brand-lands-october-22-front-page-cover-story-of-newsweek\/","title":{"rendered":"Medical Marijuana Inc. Dixie Elixirs and Edibles Brand Lands October 22 Front Page Cover Story of Newsweek"},"content":{"rendered":"

Also Recaps 60 Minutes \u201cRocky Mountain High\u201dSegment that Aired October 21<\/em><\/p>\n

SAN DIEGO, Oct. 22, 2012 \/PRNewswire\/ —\u00a0Medical Marijuana Inc.<\/a> (OTC: MJNA),\u00a0a leading hemp industry innovator, is pleased to announce that its portfolio company, Red Dice Holdings, received national media attention for its Dixie Elixirs & Edibles<\/a> brand on the 60 Minutes<\/strong> \u201cRocky Mountain High\u201d<\/a> segment this past Sunday, October 21. Today, Dixie Elixirs and Edibles<\/a> landed on the front-page of Newsweek<\/strong> in a story entitled, \u201cThe New Pot Barons.\u201d<\/a> 60 Minutes<\/strong>, the most successful television broadcast in U.S. history, draws an average of over 13 million viewers a week. Newsweek<\/strong> circulates internationally to over 10 million readers through its print and online subscriptions.<\/p>\n

Medical Marijuana, Inc. portfolio company, Red Dice Holdings, is the parent company of the Dixie Elixirs & Edibles<\/a> brand and is tremendously excited by this international media attention, which comes less than 20 days before the U.S. Presidential Elections as well as voting on state ballot initiatives on several key medical marijuana legalization measures. To read more about these measures please visit: http:\/\/tinyurl.com\/9s9s86t<\/a><\/p>\n

Steve Croft\u2019s 60 Minutes<\/strong> segment presented an inside look at a day in the life of the top professional medical marijuana businesses in Colorado, including the leading business: Dixie Elixirs and Edibles.<\/a> Mr. Croft walked through Dixie\u2019s state of the art, 27,000 square foot laboratory in Denver and marveled at its medicated elixirs and pharmaceutical grade capsules. As stated in the segment, Dixie is one of the medical marijuana businesses that has helped bring in excess of over 20 million dollars in tax revenue for the state of Colorado. It is helping to boost employment in a depressed U.S. economy and perhaps most importantly, the company is creating health and wellness products that thousands of people have come to rely on.\u00a0 Mr. Croft discussed how Dixie and other medical marijuana businesses continue to thrive in spite of the federal government\u2019s hesitancy to remove medical marijuana from its illegal status in the Federal Controlled Substances Act that still lists it as a Schedule 1 Drug. It\u2019s important to note, however, that this is a situation that could change, as last week marked the most monumental hearing in U.S. history to reverse the 20-year ruling.<\/p>\n

During the segment and on the 60 Minutes<\/strong> website follow-up called \u201cOvertime\u201d<\/a> a number of key points were made including the following:<\/p>\n

Dixie Elixirs and Edibles<\/a> is the leading manufacturer of edibles supplying most of the 500 plus dispensaries in Colorado.<\/p>\n

-There is a growing acceptance and tolerance for medical marijuana, 17 states have now legalized its medical use.<\/p>\n

-The growth part of the industry is in infused products.<\/p>\n

-Medical marijuana in Colorado has provided thousands of jobs and occupies once vacant retail spaces (over 1 million square feet of leased space to date).<\/p>\n

-Colorado has the most developed medical marijuana industry in the country.<\/p>\n

Here is one of Mr. Kroft\u2019s excerpts:<\/p>\n