This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Medical Marijuana, Inc. Sees Vertical And Horizontal Growth With PhytoSPHERE Subsidiary

SAN DIEGO, Nov. 13, 2012 /PRNewswire/ -- Medical Marijuana, Inc. (OTC: MJNA) has announced the integration and expansion of its PhytoSPHERE subsidiary. This move gives the nation's premier hemp nutraceutical firm full management oversight of its manufacturing and quality assurance processes for all of its existing and emerging products.

"MJNA's strategy is really good news for the company, industry, and consumers," said John Malanca, owner of patient-oriented medical  marijuana resource UnitedPatientsGroup.com. "The increased control will accelerate development time and help innovative products reach the market more quickly than in the past."

PhytoSPHERE designs and builds highly efficient, self-contained hemp cultivation and hemp oil extraction and production facilities. The company cultivates thousands of acres of industrial hemp in its specialty micro-climates in locations around the world. MJNA says it plans to increase the amount of acreage under cultivation, as demand for its specialty hemp oil products continues to grow.

PhytoSPHERE manages the entire growth and manufacturing operation starting from the initial planting of specialty cultivars and monitoring of the growth cycle to harvesting the crops and producing the end products. PhytoSPHERE raises hemp cultivars with high levels of cannabinoid (CBD), which are then processed into highly concentrated CBD  hemp oil using the company's proprietary extraction process.

Some of the technologies employed in the PhytoSPHERE production system include: self-contained indoor, accelerated growth modules; computer-controlled nutrient delivery for strong, compact, multi-directional growth; and an antibacterial clipping, curing and packaging system.

Crops can be grown without harmful pesticides, fungicides or herbicides. The company says its bacteria-free environment and packaging systems produce the highest grade of CBD hemp and other oils.

As the market for CBD health and wellness products grows, PhytoSphere predicts a taste for "designer" aromas and flavors will arise. The company says it is preparing by developing new products using unique strains of hemp with unique flavenoids, terpenoids and concentration profiles.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,919.59 +80.85 0.48%
S&P 500 1,981.60 +9.86 0.50%
NASDAQ 4,527.5140 +19.2020 0.43%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs