{"id":3982,"date":"2011-03-24T16:39:34","date_gmt":"2011-03-24T16:39:34","guid":{"rendered":"http:\/\/general-hemp.com\/?p=454"},"modified":"2011-03-24T16:39:34","modified_gmt":"2011-03-24T16:39:34","slug":"medical-marijuana-inc-completes-merger-with-cannabank","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/","title":{"rendered":"Medical Marijuana Inc. Completes Merger With CannaBANK"},"content":{"rendered":"

FOOTHILL RANCH, CA–(Marketwire – March 24, 2011) – Medical Marijuana Inc (PINKSHEETS:\u00a0MJNA<\/a>) has completed an agreement with the\u00a0Hemp Deposit Distribution Corp (HDDC), a Delaware based Co., d\/b\/a CannaBANK.\u00a0This agreement calls for shares of MJNA to be issued to HDDC in exchange for assets which include real estate, Intellectual Properties, patents and future acquisitions.<\/p>\n

HDDC will assume administrative control and a majority stock position.\u00a0The current officers and directors of MJNA will be replaced by officers and directors appointed by HDDC.\u00a0The Hemp Network will remain as an operating division of the Company.<\/p>\n

President Donald Steinberg stated, “The people behind CannaBANK are incredible.\u00a0I am very impressed with the vision and the leadership they are showing.\u00a0I am proud to turn over corporate leadership to this fine group.”<\/p>\n

Bruce Perlowin stated, “We feel that the current stockholders will benefit enormously with the new arrangement and we look forward to an extremely productive and lucrative future for everyone involved with MJNA.”<\/p>\n

ABOUT CANNABANK<\/strong><\/p>\n

CannaBANK’s mission is to help create a sustainable economy which in turn helps create a sustainable planet offering health and economic freedom through education and awareness.<\/p>\n

ABOUT MEDICAL MARIJUANA INC<\/strong><\/p>\n

Medical Marijuana Inc.\u00a0(www.medicalmarijuana.com<\/a>) recognizes the vast and unequaled opportunities that exist in the rapidly expanding hemp and medical marijuana industries.\u00a0The scientific recognition of cannabis has brought legalized marijuana use to the forefront of mainstream discussion thus opening the door for safe and lucrative investment opportunities. \t<\/p>\n","protected":false},"excerpt":{"rendered":"

FOOTHILL RANCH, CA–(Marketwire – March 24, 2011) – Medical Marijuana Inc (PINKSHEETS:\u00a0MJNA) has completed an agreement with the\u00a0Hemp Deposit Distribution Corp (HDDC), a Delaware based Co., d\/b\/a CannaBANK.\u00a0This agreement calls for shares of MJNA to be issued to HDDC in exchange for assets which include real estate, Intellectual Properties, patents and future acquisitions. HDDC will […]<\/p>\n","protected":false},"author":1,"featured_media":3983,"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":[3,2],"tags":[278,49],"class_list":["post-3982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","category-press-releases","tag-cannabank","tag-medical-marijuana-inc"],"yoast_head":"\nMedical Marijuana Inc. Completes Merger With CannaBANK - Medical Marijuana, Inc.<\/title>\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. Completes Merger With CannaBANK - Medical Marijuana, Inc.\" \/>\n<meta property=\"og:description\" content=\"FOOTHILL RANCH, CA–(Marketwire – March 24, 2011) – Medical Marijuana Inc (PINKSHEETS:\u00a0MJNA) has completed an agreement with the\u00a0Hemp Deposit Distribution Corp (HDDC), a Delaware based Co., d\/b\/a CannaBANK.\u00a0This agreement calls for shares of MJNA to be issued to HDDC in exchange for assets which include real estate, Intellectual Properties, patents and future acquisitions. HDDC will […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/\" \/>\n<meta property=\"og:site_name\" content=\"Medical Marijuana, Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MJNAInc\" \/>\n<meta property=\"article:published_time\" content=\"2011-03-24T16:39:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2011\/03\/kannalifeagreelightbluepost1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"840\" \/>\n\t<meta property=\"og:image:height\" content=\"525\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"adminTorusBrand\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mjna_inc\" \/>\n<meta name=\"twitter:site\" content=\"@mjna_inc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"adminTorusBrand\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/\"},\"author\":{\"name\":\"adminTorusBrand\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/bd5fa0cf1483b68c6bd5c117e3d4242c\"},\"headline\":\"Medical Marijuana Inc. Completes Merger With CannaBANK\",\"datePublished\":\"2011-03-24T16:39:34+00:00\",\"dateModified\":\"2011-03-24T16:39:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/\"},\"wordCount\":252,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/#organization\"},\"keywords\":[\"Cannabank\",\"Medical Marijuana Inc.\"],\"articleSection\":[\"Company News\",\"Press Releases\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/\",\"url\":\"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/\",\"name\":\"Medical Marijuana Inc. Completes Merger With CannaBANK - Medical Marijuana, Inc.\",\"isPartOf\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/#website\"},\"datePublished\":\"2011-03-24T16:39:34+00:00\",\"dateModified\":\"2011-03-24T16:39:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/medicalmarijuanainc.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Medical Marijuana Inc. Completes Merger With CannaBANK\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#website\",\"url\":\"https:\/\/medicalmarijuanainc.com\/\",\"name\":\"Medical Marijuana, Inc.\",\"description\":\"We are a company of firsts\u00ae\ufe0f. Medical Marijuana, Inc. (MJNA) is a cannabis company with three distinct business units in the non-psychoactive cannabinoid space. Through its subsidiaries, Medical Marijuana, Inc. manufacturers and sells some of the best cannabidiol (CBD), and other cannabinoid-based products, available!\",\"publisher\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/medicalmarijuanainc.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#organization\",\"name\":\"Medical Marijuana, Inc.\",\"url\":\"https:\/\/medicalmarijuanainc.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2023\/02\/cropped-logo-medical-marijuana-inc.png\",\"contentUrl\":\"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2023\/02\/cropped-logo-medical-marijuana-inc.png\",\"width\":512,\"height\":512,\"caption\":\"Medical Marijuana, Inc.\"},\"image\":{\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/MJNAInc\",\"https:\/\/twitter.com\/mjna_inc\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/bd5fa0cf1483b68c6bd5c117e3d4242c\",\"name\":\"adminTorusBrand\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a912c97701c52370233e20a0d17ab853?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a912c97701c52370233e20a0d17ab853?s=96&d=mm&r=g\",\"caption\":\"adminTorusBrand\"},\"sameAs\":[\"https:\/\/medicalmarijuanainc.com\"],\"url\":\"https:\/\/medicalmarijuanainc.com\/author\/admintorusbrand\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Medical Marijuana Inc. Completes Merger With CannaBANK - Medical Marijuana, Inc.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Medical Marijuana Inc. Completes Merger With CannaBANK - Medical Marijuana, Inc.","og_description":"FOOTHILL RANCH, CA–(Marketwire – March 24, 2011) – Medical Marijuana Inc (PINKSHEETS:\u00a0MJNA) has completed an agreement with the\u00a0Hemp Deposit Distribution Corp (HDDC), a Delaware based Co., d\/b\/a CannaBANK.\u00a0This agreement calls for shares of MJNA to be issued to HDDC in exchange for assets which include real estate, Intellectual Properties, patents and future acquisitions. HDDC will […]","og_url":"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/","og_site_name":"Medical Marijuana, Inc.","article_publisher":"https:\/\/www.facebook.com\/MJNAInc","article_published_time":"2011-03-24T16:39:34+00:00","og_image":[{"width":840,"height":525,"url":"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2011\/03\/kannalifeagreelightbluepost1.png","type":"image\/png"}],"author":"adminTorusBrand","twitter_card":"summary_large_image","twitter_creator":"@mjna_inc","twitter_site":"@mjna_inc","twitter_misc":{"Written by":"adminTorusBrand","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/#article","isPartOf":{"@id":"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/"},"author":{"name":"adminTorusBrand","@id":"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/bd5fa0cf1483b68c6bd5c117e3d4242c"},"headline":"Medical Marijuana Inc. Completes Merger With CannaBANK","datePublished":"2011-03-24T16:39:34+00:00","dateModified":"2011-03-24T16:39:34+00:00","mainEntityOfPage":{"@id":"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/"},"wordCount":252,"commentCount":0,"publisher":{"@id":"https:\/\/medicalmarijuanainc.com\/#organization"},"keywords":["Cannabank","Medical Marijuana Inc."],"articleSection":["Company News","Press Releases"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/","url":"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/","name":"Medical Marijuana Inc. Completes Merger With CannaBANK - Medical Marijuana, Inc.","isPartOf":{"@id":"https:\/\/medicalmarijuanainc.com\/#website"},"datePublished":"2011-03-24T16:39:34+00:00","dateModified":"2011-03-24T16:39:34+00:00","breadcrumb":{"@id":"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/medicalmarijuanainc.com\/2011\/03\/24\/medical-marijuana-inc-completes-merger-with-cannabank\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/medicalmarijuanainc.com\/"},{"@type":"ListItem","position":2,"name":"Medical Marijuana Inc. Completes Merger With CannaBANK"}]},{"@type":"WebSite","@id":"https:\/\/medicalmarijuanainc.com\/#website","url":"https:\/\/medicalmarijuanainc.com\/","name":"Medical Marijuana, Inc.","description":"We are a company of firsts\u00ae\ufe0f. Medical Marijuana, Inc. (MJNA) is a cannabis company with three distinct business units in the non-psychoactive cannabinoid space. Through its subsidiaries, Medical Marijuana, Inc. manufacturers and sells some of the best cannabidiol (CBD), and other cannabinoid-based products, available!","publisher":{"@id":"https:\/\/medicalmarijuanainc.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/medicalmarijuanainc.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/medicalmarijuanainc.com\/#organization","name":"Medical Marijuana, Inc.","url":"https:\/\/medicalmarijuanainc.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/medicalmarijuanainc.com\/#\/schema\/logo\/image\/","url":"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2023\/02\/cropped-logo-medical-marijuana-inc.png","contentUrl":"https:\/\/medicalmarijuanainc.com\/wp-content\/uploads\/2023\/02\/cropped-logo-medical-marijuana-inc.png","width":512,"height":512,"caption":"Medical Marijuana, Inc."},"image":{"@id":"https:\/\/medicalmarijuanainc.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/MJNAInc","https:\/\/twitter.com\/mjna_inc"]},{"@type":"Person","@id":"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/bd5fa0cf1483b68c6bd5c117e3d4242c","name":"adminTorusBrand","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/medicalmarijuanainc.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a912c97701c52370233e20a0d17ab853?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a912c97701c52370233e20a0d17ab853?s=96&d=mm&r=g","caption":"adminTorusBrand"},"sameAs":["https:\/\/medicalmarijuanainc.com"],"url":"https:\/\/medicalmarijuanainc.com\/author\/admintorusbrand\/"}]}},"_links":{"self":[{"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/posts\/3982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/comments?post=3982"}],"version-history":[{"count":0,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/posts\/3982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/media\/3983"}],"wp:attachment":[{"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/media?parent=3982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/categories?post=3982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicalmarijuanainc.com\/wp-json\/wp\/v2\/tags?post=3982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}