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SAN DIEGO, CA, July 01, 2021 (GLOBE NEWSWIRE) — through NewMediaWire – Medical Marijuana, Inc. (OTC: MJNA) (the “Firm”), the first-ever publicly traded hashish firm in the USA that launched the world’s first-ever cannabis-derived nutraceutical merchandise, manufacturers and provide chain, introduced immediately that its subsidiary HempMeds® applauds Mexico’s Supreme Court docket for its resolution to deem a set of legal guidelines which criminalized the leisure grownup use of hashish in Mexico unconstitutional, and reopen the authorized debate for the complete hashish trade within the nation.
“As the primary firm granted importation permits for cannabis-derived merchandise in Mexico, we’re glad that Mexico is constant to take steps ahead in changing into a pacesetter within the world hashish trade,” mentioned HempMeds® CEO Raúl Elizalde. “We hope that quickly there might be extra alternatives to develop our enterprise within the nation and assist folks get pleasure from the advantages of cannabis-derived merchandise. That mentioned, this declaration of unconstitutionality shouldn’t be the top of the highway, and Mexican legislators should proceed to reform the present authorized framework to offer authorized certainty to individuals who want to eat hashish or derived merchandise.”
The Supreme Court docket has been one of many most important engines working towards establishing the Mexican hashish trade. Since 2017, this regulatory physique has issued court docket rulings which have allowed for 1000’s of sufferers to have authorized entry to cannabis-derived merchandise and authorized safety to eat with out repercussions. This new Supreme Court docket ruling said that sections of the nation’s common well being legislation prohibiting private consumption and residential cultivation of marijuana are unconstitutional. Mexican residents can now acquire a allow from Mexico’s nationwide well being regulator Cofepris extra simply however the trade remains to be pushing for full legalization of hashish and a invoice that distinguishes marijuana from hemp.
“Now greater than ever, the general public is in favor of hashish legalization in each Mexico and the US. This current laws permits for the expanded entry to medical hashish all through Mexico, and we hope that regulators make the most of this momentum to make even greater strikes to make cannabidiol (CBD) and different cannabis-derived merchandise accessible to all,” added Medical Marijuana, Inc. CEO Blake Schroeder.
Based in 2012, HempMeds® was the primary firm to deliver hemp-based cannabidiol (CBD) oil merchandise to market within the U.S. As a subsidiary of Medical Marijuana, Inc., HempMeds is the unique distributor for premium manufacturers together with Actual Scientific Hemp Oil™ and Dixie Botanicals®, and operates in all 50 states and 40 nations. HempMeds® is the one firm to have its CBD merchandise listed within the Prescribers’ Digital Reference (PDR), the one firm invited to talk to the World Well being Group and FDA on the advantages of CBD, and one of many first to be licensed by the U.S. Hemp Authority. To study extra, please go to www.hempmedspx.com.
About Medical Marijuana, Inc.
We are a company of firsts®. Medical Marijuana, Inc. (MJNA) is a hashish firm with three distinct enterprise models within the non-psychoactive cannabinoid house: a world portfolio of cannabinoid-based nutraceutical manufacturers led by Kannaway® and HempMeds®; a pioneer in sourcing the highest-quality authorized non-psychoactive hashish merchandise derived from industrial hemp; and a cannabinoid-based scientific analysis and botanical drug growth sector led by its pharmaceutical funding firms and companions together with AXIM® Biotechnologies, Inc. and Neuropathix. Medical Marijuana, Inc. was named a high CBD producer by CNBC. Medical Marijuana, Inc. was additionally the primary firm to obtain historic import permits for CBD merchandise from the governments of Brazil, Mexico, Argentina, and Paraguay and is a pacesetter within the growth of worldwide markets. The corporate’s flagship product Real Scientific Hemp Oil has been utilized in a number of profitable scientific research all through Mexico and Brazil to grasp its security and efficacy.
Medical Marijuana, Inc.’s headquarters is in San Diego, California, and extra data is offered at OTCMarkets.com or by visiting www.medicalmarijuanainc.com. To see Medical Marijuana, Inc.’s company video, click here.
Shareholders and shoppers are additionally inspired to purchase CBD oil and different merchandise at Medical Marijuana, Inc.’s store.
This press launch could include sure forward-looking statements and data, as outlined throughout the that means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Alternate Act of 1934, and is topic to the Secure Harbor created by these sections. This materials accommodates statements about anticipated future occasions and/or monetary outcomes which might be forward-looking in nature and topic to dangers and uncertainties. Such forward-looking statements by definition contain dangers, uncertainties and different elements, which can trigger the precise outcomes, efficiency or achievements of Medical Marijuana, Inc. to be materially totally different from the statements made herein.
FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE
These statements haven’t been evaluated by the Meals and Drug Administration. This product shouldn’t be meant to diagnose, deal with, remedy, or forestall any illness.
Medical Marijuana, Inc. doesn’t promote or distribute any merchandise which might be in violation of the USA Managed Substances Act.
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