I wanted to start off by saying, congratulations to Medical Marijuana Inc., as they succeeded even with all the anti-marijuana actions that took place in 2011. The first publicly held company vested in the medical marijuana and industrial hemp industries known as Medical Marijuana Inc (OTC: MJNA) is pleased to announce that its quarter over quarter revenue ending December 31, 2011 has increased in excess of one hundred (100%) percent.
“As many of you know, there were many challenges that faced the industry in 2011, for which we are extremely pleased with the increase in revenue and the overall numbers at the close of the fiscal year. These challenges came primarily from the banking and the financial institution’s guidelines on the regulation of businesses within the cannabis and hemp industry. However, at the end of the fourth quarter when we were able to overcome those issues, revenues fell right in line. We anticipate company revenues to continue to increase dramatically through the end of 2012,” stated Medical Marijuana Inc.
Medical Marijuana Inc.’s mission is to be the world’s premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate, invest in and purchase value-added sustainable companies, while allowing them to keep their integrity and entrepreneurial spirit. They strive to create awareness within our industry, pay homage to the visionaries and activists of the past and present, and provide the platform from which the industry can emerge into a global sustainable economy for all. Medical Marijuana Inc recognizes the vast and unequaled opportunities that exist in the rapidly expanding hemp and medical marijuana industries. The scientific recognition of cannabis has brought legalized marijuana to the forefront of mainstream discussion, thus opening the door for safe and lucrative investment opportunities.