{"id":622,"date":"2021-10-11T21:58:36","date_gmt":"2021-10-11T21:58:36","guid":{"rendered":"https:\/\/medicalmarijuanainc.com\/?p=49320"},"modified":"2021-10-11T21:58:36","modified_gmt":"2021-10-11T21:58:36","slug":"medical-marijuana-inc-celebrates-largest-revenue-month-for-japan-division-of-subsidiary-kannaway-and-manufacturing-subsidiary","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2021\/10\/11\/medical-marijuana-inc-celebrates-largest-revenue-month-for-japan-division-of-subsidiary-kannaway-and-manufacturing-subsidiary\/","title":{"rendered":"Medical Marijuana, Inc. Celebrates Largest Revenue Month for Japan Division of Subsidiary Kannaway\u00ae and Manufacturing Subsidiary"},"content":{"rendered":"

SAN DIEGO, Oct. 11, 2021 (GLOBE NEWSWIRE) — via\u00a0NewMediaWire<\/u><\/a>\u00a0—\u00a0Medical Marijuana, Inc.<\/u><\/a>\u00a0(OTC: MJNA) (the \u201cCompany\u201d), the first-ever publicly traded cannabis company in the United States that launched the world\u2019s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that the Japanese division of the Company\u2019s subsidiary\u00a0Kannaway\u00ae<\/u><\/a>\u00a0experienced its largest revenue month in the division\u2019s history for the month of September 2021. Medical Marijuana Inc.\u2019s manufacturing subsidiary also saw its largest revenue month in the division\u2019s history last month.<\/p>\n

\u201cWhen asked what the greatest opportunity for our Company is, I always share that we aim to be the first truly global cannabis company, bringing cannabinoid-based products to global emerging markets, and Japan\u2019s success is the perfect illustration of that vision in reality,\u201d said Medical Marijuana, Inc. CEO Blake Schroeder. \u201cThe Asian market represents one of the largest growth opportunities for cannabis products. It is relatively untapped and our entrance just over two years ago easily positioned us with a first-mover advantage. Our products have been exceptionally well-received in the market and I look forward to continued expansion in the region.\u201d<\/p>\n

\u201cBeyond Japan, we recently announced our entrance into Hong Kong, where a population of around 7.5 million people has historically had minimal to no access to cannabis-based products. We have successfully garnered that same first-mover advantage as we did in Japan and I am excited to see the results of that market expansion in the coming weeks and months. We truly are a Company of Firsts, being the first into markets, the first in product innovation and development, and the first in terms of product quality,\u201d added Schroeder.<\/p>\n

According to Research and Markets, the global CBD oil market is expected to reach\u00a0$5.3 billion by 2025<\/u><\/a>\u00a0with Asia-Pacific as one of the fastest-growing regions.<\/p>\n

About Medical Marijuana, Inc.
\n<\/strong>We are a company of firsts\u00ae<\/u><\/a>. Medical Marijuana, Inc. (MJNA<\/u><\/a>) is a cannabis company with three distinct business units in the non-psychoactive cannabinoid space: a global portfolio of cannabinoid-based nutraceutical brands led by\u00a0Kannaway\u00ae<\/u><\/a>\u00a0and\u00a0HempMeds\u00ae<\/u><\/a>; a pioneer in sourcing the highest-quality legal non-psychoactive cannabis products derived from industrial hemp; and a cannabinoid-based clinical research and botanical drug development sector led by its pharmaceutical investment companies and partners including\u00a0AXIM\u00ae Biotechnologies, Inc<\/u><\/a>.<\/u><\/a>\u00a0and\u00a0Neuropathix<\/u><\/a>. Medical Marijuana, Inc. was named a top CBD producer by\u00a0CNBC<\/u><\/a>. Medical Marijuana, Inc. was also the first company to receive historic import permits for CBD products from the governments of Brazil, Mexico, Argentina, and Paraguay and is a leader in the development of international markets. The company\u2019s flagship product\u00a0Real Scientific Hemp Oil<\/u><\/a>\u00a0has been used in several successful clinical studies throughout Mexico and Brazil to understand its safety and efficacy.<\/p>\n

Medical Marijuana, Inc.\u2019s headquarters is in San Diego, California, and additional information is available at\u00a0OTCMarkets.com<\/u><\/a>\u00a0or by visiting\u00a0www.medicalmarijuanainc.com<\/u><\/a>. To see Medical Marijuana, Inc.\u2019s corporate video,\u00a0click here<\/u><\/a>.<\/p>\n

FORWARD-LOOKING DISCLAIMER
\n<\/strong>This 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.<\/p>\n

FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE
\n<\/strong>These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease.<\/p>\n

LEGAL DISCLOSURE
\n<\/strong>Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act.<\/p>\n

CONTACT:<\/strong><\/p>\n

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

Kathryn Brown
\nAccount Director
\nCMW Media
\nP. 858-264-6600
\nkathryn@cmwmedia.com
\nwww.cmwmedia.com<\/u><\/a><\/p>\n

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

P. (858) 283-4016
\nInvestors@medicalmarijuanainc.com<\/p>\n","protected":false},"excerpt":{"rendered":"

SAN DIEGO, Oct. 11, 2021 (GLOBE NEWSWIRE) — via\u00a0NewMediaWire\u00a0—\u00a0Medical Marijuana, Inc.\u00a0(OTC: MJNA) (the \u201cCompany\u201d), the first-ever publicly traded cannabis company in the United States that launched the world\u2019s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that the Japanese division of the Company\u2019s subsidiary\u00a0Kannaway\u00ae\u00a0experienced its largest revenue month in the division\u2019s history for […]<\/p>\n","protected":false},"author":1,"featured_media":623,"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":[2],"tags":[],"class_list":["post-622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"yoast_head":"\nMedical Marijuana, Inc. 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