Las Vegas, NV -- (SBWIRE) -- 08/15/2013 -- Medical Marijuana Inc (OTCMKTS:MJNA) has announced the release of the company’s quarterly financial and shareholders report on Tuesday August 13, 2013.
According to report, Medical Marijuana Inc earned a net income of nearly $6.0 million on gross income of approximately $8.8 million for the quarter ending on June 30, 2013. The company acquired several additional brands and above 20 products through Canipa Holdings. It launched its highly anticipated marketing and sales arm through HempMedsPX and selected officers for CanChew Biotechnologies.
Medical Marijuana Inc. repositioned to a larger facility in July to accommodate the new HempMedsPX team and to expand its warehouse and distribution capabilities to manage the company's growth. The company’s services include development of cannabinoid based health, development of medical grade compounds and licensing of proprietary testing for the medicinal herb industry. Medical Marijuana, Inc. is based in California.
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