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Medical Marijuana, Inc.: Medical Marijuana, Inc. Expands Internationally to Canada and Continues to Add More Collectives in Cal

^{Published on 2009-07-16 01:32:29, Last Modified on 2009-07-16 01:32:36 - Market Wire}
 

MARINA DEL REY, CA--(Marketwire - July 16, 2009) - Medical Marijuana, Inc. (PINKSHEETS: [ MJNA ]) expands internationally by signing Growers with Gardens in Victoria, British Columbia, Canada. MMI has also added five additional collectives in the United States as follows: Soultree Art of Healing Co-Op in Daly City, California; Netexdive Products in Valley Center, California; Chron Don's Clinic in Garden Grove, California; Association for Alternative Therapy in Westminster, California; and Better Health Group in San Rafael, California.

Medical Marijuana, Inc. is the first public company to recognize the vast and unequaled opportunities that exist in the rapidly expanding Medical Marijuana market. The scientific recognition of marijuana as a powerful medicine has brought marijuana to a new status, and opened the door for investment and opportunity.

Tax Collection

The Stored Value Platform System will provide verifiable solutions to manage the difficult task of revenue and taxation collection. The "Point of Sale" (POS) system will recognize the dispensary's tax ID number, state and local tax rates and then provide "Automated Clearing House" (ACH) settlement of the taxes to the proper financial institutions. The customers of the dispensary are issued a plastic debit card or medical revenue card. The ease of access to certifiably secure transactions lessens the risk of loss at each level of the transaction.

Internal Management

All collectives/dispensaries in the U.S. are cash businesses. This presents a number of challenges. Dispensary owners risk employee theft and possible competition for sales with unsupervised employees. Our stored value card also eliminates the risks of carrying cash. For the investor looking to open more than one dispensary, this card allows him the ease of mind of knowing all transactions are accounted for in all of his locations.

Solutions

Medical Marijuana, Inc. is developing a suite of solutions to deliver an efficient and secure infrastructure for the Medical Marijuana Industry that will provide the tools to industry operators to effectively manage their businesses with the confidence that they are in full compliance.

About Better Health Group

Better Health Group is a California corporation that retails a wide variety of health related products. We believe in an organic lifestyle and Better Health Group provides alternative solutions to better health at compassionate prices. Our store caters to the community that lives a natural lifestyle. Patients of the Prop. 215 community are welcomed into our store and can find safe access to their prescribed medication. Currently we offer in-home care to patients who qualify at no cost. In the future Better Health Group hopes to expand into a health center that offers a wide variety of activities such as yoga, Pilates, acupuncture, massage therapy, physical therapy and psychotherapy all for no fee to all of our collective members.