Medical Marijuana Inc
12975 Brook Printer PL Suite 160
Poway, CA 92064
(888) 682-6562
http://www.medicalmarijuanainc.com/
Medical Marijuana Inc. (“MJNA”) is the first publicly held company vested in the legal cannabis and industrial hemp industries. The company comprises a diversified portfolio of products, services, technology and businesses solely focused on the production of high concentrate CBD hemp oil products.
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Marijuana Medical
1. Effect On Stock Market About Regulations Regarding Medical Marijuana Company
There has been a shift in the industry of medical marijuana, owing to recent regulations laid
down by the Federal government. Reports suggest that commercial ventures dealing with
medical marijuana will not be free anymore with the influx of new investors. This market is
a lucrative field and turning out to be a competitive one. Amendments to federal regulations
have led to commercial production of marijuana rather than patients growing cannabis for
medical purposes. With the introduction of different pot producing companies, various
fluctuations are noted in the stock market. Security regulators have issued warnings to
investors against any company that do not disclose information.
Scope For New Companies
In the initial phases, investors had different speculation regarding this market and much
hyped. New businesses dealing with medical marijuana are now finding it a daunting task to
raise fund for their venture. As per new Medical Marijuana Company, trying to gain a
foothold in the stock market has reported that they are finding it hard to generate cash.
Irrespective of the steep competition, there has been a surge in the count of companies
applying for a license from the state regulatory bodies to produce marijuana for medical
purposes. Well, the exact count of patients treated with marijuana is still unknown due to a
court injunction.
Regulation For New Licensee
Different states of the country have respective laws regarding the medical use of cannabis.
Despite the fluctuation in the stock market, there has been a rise in the sell of marijuana for
medical purposes through wholesale and retail channels. In one of the states, authorities
have the right to set the price of marijuana, as this will help to projects dollar value.
Licensees or the Medical Marijuana Company will be responsible for planting the tree as well
as selling it through proper channel. There is a prohibition regarding the sale of raw
cannabis used for smoking.
Duties Of Companies
As per the state authorities, a Medical Marijuana Company has to extract the useful
ingredient from the source. Licensees have to transform these extracts in different
concentrated forms and process these into pots. Each company can operate to a maximum
of four dispensaries. Different regulation of this central state focuses on the wide availability
of marijuana for medical purposes by another year. In fact, the state authorities have now
stalled accepting application from different companies till they finalize the framework of the
program. Entrepreneurs in these states expect that initially the business will not fetch them
high returns, as the drug will be prescribed to patients with certain medical conditions.
Competition Against Recreational Pots
Various regulations enforced by state authorities on any Medical Marijuana Company aim to
prevent the place from becoming a haven for illegal use of marijuana. In another state of
the country, cannabis used for medical purposes has to complete with pots used for
recreational purposes this is because the later one has a low rate of interest levied on it.
2. Different Mandatory Steps To Set-Up A Medical Marijuana Company
Of late, almost twenty states in the country have legalized the medical use of marijuana. It
is expected that the similar law will be legalized in other parts of the country and attract
investors to this business. Many entrepreneurs now plan to set up a company in the states
that have legalized the use. Prior to this investment, you need to consider the cost involved
in this process. You need to incur initial, recurring and extra expenses for setting the
companies. Each state has different laws and regulations regarding expenses that you have
to pay for setting up these companies. An in-depth research of state laws can prove
beneficial for you.
Enquire The Regulations
You have to follow few steps for setting up a Medical Marijuana Company in the particular
state. First, you need to identify whether the state permits owning a dispensary. In few
states, thorough backgrounds check of operators and investors of the business. If there are
felony charges, there are chances of disqualification. In few states, it is mandatory for
applicants to stay a stipulated number of years in a particular location. During the
groundwork, you need to identify the state that has imposed restrictions regarding the
number of companies. This rule reduces the chance of receiving a license.
Promote Business Through Proper Channels
Promoting the business will not be a daunting task, if you identify the appropriate channel.
Though, the search engine majors do not permit websites to advertising any Medical
Marijuana Company. Well, for the convenience of companies there are specific directories
and websites that advertise these companies. There are also specific job portals and
classifieds where you can post jobs. Different districts have proposed guidelines based on
the recent laws by the federal government regarding the use of medical marijuana. State
authorities have laid down certain rough estimates of expenses you need to incur for this
process.
List Of Initial Fees
For the dispensary, you have to pay the processing fee and annual fee. Since you have to
grow marijuana, you also have to expenses of the cultivation process. Operators or
investors have to pay initial and annual fee for cultivation center Growing own cannabis,
reduces the cost of operation required for outsourcing the drug from wholesale dealers. In
few states, it is mandatory for a Medical Marijuana Company to grow almost seventy
percent of cannabis. Thus, you have to pay for cultivation. Apart from these expenses, you
need to pay for directors, agents, managers, and employees. You also have to pay for
transport permit.
Decide On The Location
Owners of Medical Marijuana Company, project that the cost of growing cannabis is almost
sixty percent of the revenue. Apart, from this cost, you will also have to consider other
expenses that you need to run any business. Investors have to follow the state mandates
regarding the position of this dispensary. In many states, the dispensary should be a certain
distance away from playground and schools. You also have to decide on the nature of
ownership of this business. There are mandates regarding minimum number of employees
in these dispensaries. Security of the property is an important concern for investors, so you
need to take necessary actions.
3. Unravel The Benefits Of Medical Marijuana For Treating Different Ailments
Alternative medicines have sworn in popularity over the years. Different therapies and
techniques have surfaced to provide relief from different physical conditions. Medicinal use
of cannabis is another important component of the alternative healing process. Use of this
herb dates back to centuries where it was appreciated owing to the different hallucinogenic
effect on the body. Medicinal use of cannabis has been legalized in almost twenty states
across the country though, the recreational use is still considered illegal. Owing to the
legalization of marijuana, there has been a shift in the attitude. Different research has
proved the manifold benefits of cannabis on the human body.
Rich With Anti-Inflammatory Properties
The anti-inflammatory nature of this compound helps in treating different health condition
and illnesses. Patients diagnosed with migraine, rheumatoid arthritis and multiple sclerosis.
In comparison to other pain relieving medications, marijuana is more effective. It is also
beneficial for reducing the dependence on different opium derivatives. Opiate-based
substances are more addictive than cannabis. Over the years, research has proved that the
use of Medical Marijuana increases the capacity of lungs by almost twenty times due to the
deep breaths that you take. Tobacco smokers can develop lung cancer with years of
smoking whereas marijuana does not affect the functioning of lungs.
Get Fast Relief From Pain
This drug falls under the category of Schedule I, and you need to test it in stringent
conditions to assess the efficacy. Tetrahydrocannabinol or THC found in marijuana
addresses the brain cells decreases seizure attacks and controls the state of excitability. For
treating seizure disorder and epilepsy, Medical Marijuana is effective. It is also useful for
pain management for patients diagnosed with rheumatoid arthritis. Marijuana reduces
inflammation, pain and improves the quality of sleep. THC is also effective in reducing the
progression of dementia and Alzheimer’s disease. It inhibits the formation of plaques in the
brain by blocking the causative agent.
Inhibit Spread Of Cancer
The active ingredient of Medical Marijuana stops the spread of cancer as it turns off the
gene causing it. The anti-inflammatory nature of this drug prevents the growth of cells and
circulation of blood. Research has proved that it is effective for cancer in lungs, brain,
prostate, pancreas, and cervix. Chemotherapy is painful for cancer patients. This therapy
causes nausea and pain, but marijuana helps in reducing different complications of the
body. THC, the active ingredient present in different approved drugs alleviates pain and
reduces incidences of vomiting and nausea. During the chemotherapy session, the
prescribed drug boosts the appetite of patients.
Fast Healing After Trauma
Research proves that neuroprotective qualities present in Medical Marijuana restricts
neurological damage caused due to trauma or stroke. Different sports authorities have now
proposed the use of this drug for treating concussions. A research by a leading university
proves that approved dose diminishes the effect of trauma and stroke on the brain. If there
is a concussion, then cannabis helps in healing the bruises and initiates the healing
mechanism. It is a sedative and boosts the mood of users. Military veterans are
administered marijuana to treat post-traumatic stress disorders that often causes fear. It
helps in reducing anxiety and regulates the system.
4. Genesis Of Medical Marijuana Use And Shift In Attitude Of Lawmakers
Use of marijuana for medical purposes can be traced back to almost two thousand years
Before Christ. Then, cannabis tea was used to treat gout, malaria and rheumatism.
However, the popularity of this drug for medicinal purposes was restricted only to certain
parts of the world. Over the years, there has been a shift in attitude as an addiction to
various restricted substances also increased. In last couple of years, there have been
various regulations regarding the use of cannabis for medicinal purposes. Of late, in almost
twenty state of the country and in a few districts that use of marijuana has been legalized.
Availability In Different Forms
The Federal government has categorized the drug as Schedule 1. You can avail Medical
Marijuana in different forms as a pill, inhale vapors or smoke it. Apart from this, there are
also edible forms like bars, cookies and brownie. The composition of cannabis explains the
reason for using it for treating different ailments. Almost sixty percent of active ingredient
present in this drug is a cannabinoid. Psychoactive agent present in cannabinoid is THC or
Tetrahydrocannabinol, and it addresses brain receptors, lungs, liver, nervous system and
kidney. In a research, it was identified that the THC is effective in reducing pain.
Change In Regulations
Different states have suggested laws to legalize the use of marijuana. With legislature
agreeing to the use of Medical Marijuana, it is gaining support from lawmakers of different
states. Owing to this, it is expected that the drug will be removed from the recent category
to Schedule II. Different others drug used in this category are already in use for medicinal
purpose. According to a different survey, many citizens across the country support the use
of this drug for treating different medical conditions. When the drug was used among HIV
patients, it stimulates appetite. It is also effective to reduce pain and nausea caused due to
chemotherapy.
No Fear Of Side Effects
Research proves that the drug in the form of oral sprays and pills are muscle spasms and
reduce stiffness. It reduces numbness, burning and other ailments. With approved use of
Medical Marijuana, you can have a healthy metabolism. You can have a healthy response to
sugar with regular intake of marijuana. Hepatitis C has a stringent treatment procedure and
leads to nausea, depression, weight loss and muscle aches. In comparison to non-smokers,
patients who smoke cannabis is known to have less viral load. In fact, those treated with
marijuana have few instances of side effect.
Proposed Use For Pets
For patients who are diagnosed with inflammatory disorders regarding bowel movement can
benefit from Medical Marijuana. It blocks cannabinoid present in the human body and
regulates the bacteria present in the gut. Patients suffering from Crohn’s disease can get
relief with regular use of this drug. It helps in improving the functionality of the intestine.
There has been a shift in public opinion regarding the legalization of marijuana for medical
purposes. Apart from treating various ailments of human, lawmakers also propose to use
this drug for treating animals. As per a proposed bill, owners can obtain the drug from
approved dispensaries based on a prescription.