SOURCE: Medical Marijuana Inc
Dec 30, 2010 10:39 ET
The Hemp Network Provides Update on Industrial Hemp Production
FOOTHILL RANCH, CA–(Marketwire – December 30, 2010) – Medical Marijuana Inc (PINKSHEETS: MJNA) announces that its division, The Hemp Network® http://www.thehempnetwork.com, has made an agreement with a Guatemalan Cooperative for the production and manufacture of Hemp-related products.
The Cooperative in Guatemala has contracted the facilities required to turn our Hemp into finished products including textiles, construction materials, paper products, foodstuffs, shoes, purses, hammocks, and other finished hemp products. All items will be top quality, specialty hand-made goods, not mass produced, in order to further enhance our efforts supporting local communities.
These products will be entirely made by hand. Female artisans will be specially trained to work with hemp. Their salaries will help to make them independent and self-sufficient members of society — and bring commerce to rural areas that are isolated from major cities. With a variety of goods being produced, there will be education, schools and increased commerce to remote areas. This is a social program endorsed by the Guatemalan Government.
President Don Steinberg stated, “This is not marijuana being grown in Guatemala. This is ‘Industrial Hemp,’ a product that was cultivated in Guatemala for many years. Guatemalan artisans are noted for fashioning Hemp into fine products that have been available in the world market. Hemp is a plant currently cultivated legally in countries such as Canada and Romania. We are proud to be associated with this project that will bring economic benefit to the fine people of Guatemala.”
ABOUT THE HEMP NETWORK
President Don Steinberg stated, “We are all now at the ‘right time, right place’ to take advantage of an industry that has been around for thousands of years, with products derived from hemp being used today by millions of people. Over the past few years it has become apparent that with the increasing pace of new products hitting the market, there is a need to move those products throughout the world at a very fast rate. Now The Hemp Network has been formed to provide a marketing vehicle for massive global distribution of these new products and services as they hit the market, which is imperative to capture market share. The Hemp Network is now the launching pad for thousands of new ideas that people worldwide have in this giant emerging industry. We are here to help develop and market those ideas.”
ABOUT MEDICAL MARIJUANA INC
Medical Marijuana Inc recognizes the vast and unequaled opportunities that exist in the rapidly expanding industrial hemp and medical marijuana industries. The scientific recognition of cannabis has brought legalized marijuana use to the forefront of mainstream discussion, thus opening the door for safe and lucrative investment opportunities.
To learn more about The Hemp Network® and to participate in daily conference calls which discuss the pay plan, products, upcoming events and exchange of ideas, call 323-843-0075 PIN: 339284#, 6:00 PM (PST) Monday is product overview, Tuesday is business overview, Wednesday is the leadership call, and Saturday 10:00 AM (PST) is the getting started call. You can also listen to the pre-recorded calls 24/7 at: 951-262-3496 and go to: http://www.thehempnetwork.com.
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.
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