SAN DIEGO, Oct. 4, 2018 /PRNewswire/ -- Medical Marijuana Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, is pleased to announce that its brand, Real Scientific Canada™ will be launching across Canada, through Canadian extraction and formulation company Salvation Botanicals, Ltd. ("Salvation").
On October 17, Real Scientific Canada™ will be introducing several of its cannabis products, including internationally-recognized Real Scientific Hemp Oil™ (RSHO™). Real Scientific Hemp Oil™ was the first CBD product line in the U.S. to be sold over state lines and the first to receive import permits in Paraguay, Mexico and Brazil.
Real Scientific Hemp Oil™ is a hemp-derived cannabidiol (CBD) product line that helps consumers without the intoxicating effects of THC. The products come in several different formulations including RSHO™ Gold Label, which is refined to provide the maximum possible concentration of CBD; RSHO™ Blue Label, which features the cannabis plant's full spectrum of minor cannabinoids, terpenes, natural chlorophyll for additional essential vitamins and minerals; and RSHO™ Green Label, a raw formulation which is the closest of all three RSHO™ types to the organic makeup of the natural hemp plant, providing unadulterated phytocannabinoids, including a high concentration of CBDa.
"Not only do we strive to grow as a company through international expansion but we also hope to aid the growth of the global cannabis market to help expand access to cannabis for all," said Medical Marijuana, Inc. Chief Executive Officer Dr. Stuart Titus. "We recognize our customers' ever-growing needs for cutting-edge products and we aim to meet them in this new legal recreational market in Canada."
This announcement follows the recent news that Medical Marijuana, Inc. has signed a consulting agreement with Salvation Botanicals, Ltd., an industry leader in the ever-evolving cannabis market, to manufacture and distribute its products throughout Canada.
"We are looking forward to working alongside Salvation Botanicals to bring these new, high-quality products to the local consumer in Canada," said Medical Marijuana, Inc. Director of Canadian Operations, Kenneth Smith. "It is an exciting time not only for the industry, but for the brand. We hope to set an example for best business practices in this new market."
About Medical Marijuana, Inc.
We are a company of firsts®. Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally-friendly, economically sustainable businesses, while increasing shareholder value. For details on Medical Marijuana, Inc.'s portfolio and investment companies, visit www.medicalmarijuanainc.com.
To see Medical Marijuana, Inc.'s corporate video, click here.
Shareholders and consumers are also encouraged to buy CBD oil and other products at Medical Marijuana, Inc.'s shop.
About Real Scientific Canada™
A brand with a rich history backed by science, Real Scientific Canada™ aims to help customers feel their best with our innovative lines of cannabis products. The company has become global pioneers in the industry by receiving the first import permits for its Real Scientific Hemp Oil™ products in Paraguay, Mexico and Brazil. To learn more, please visit http://realscientific.ca/.
About Salvation Botanicals, Ltd.
Salvation Botanicals is a private company based in Vancouver Island, British Columbia, that is dedicated to the testing and production of high quality standardized cannabinoid products for the international cannabis market. Salvation operates one of the first analytics laboratories in Canada, accredited by Health Canada to test cannabis and derivatives.
Salvation Botanicals holds a Dealer's License under the Controlled Substances Act, with authority to extract and produce oil within Health Canada guidelines. In 2016 Health Canada granted Salvation a Hemp Processing License (HPL) permitting production and sale and export of seed & grain and its derivatives.
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.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the terms and conditions of the proposed transaction; the terms and conditions of the proposed private placement; use of funds; and the business and operations of the Company after the proposed change of business. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals; and the uncertainties surrounding the cannabis industry in North America. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Salvation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE
These statements have not been evaluated by the FDA and are not intended to diagnose, treat or cure any disease.
Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). These companies do grow, sell, and distribute hemp-based products and are involved with the federally legal distribution of medical marijuana-based products within certain international markets. Cannabidiol is a natural constituent of hemp oil.
SOURCE Medical Marijuana, Inc.