Medical Marijuana Inc Shareholder Update And Letter
Prohibition – this was an attempt to end alcohol usage in the United States and was unsuccessful. Today there are many successful businesses and many thousands of people successfully employed in the alcoholic beverage industry in the USA. Many feel that legalization of marijuana for medicinal purposes would provide a significant boost to our economy, providing jobs, secure employment and more importantly help people where traditional medications have failed.
Industrial hemp provides many extracts, known as cannabinoids that have shown therapeutic value. One of the most abundant of these cannabinoid extracts is known as cannabidiol, or CBD. CBD has shown positive benefits for health and wellness advocates and we are proud to provide this key futuristic component of hemp oil in many of our products.
Besides the health and wellness benefits, industrial hemp can provide a complete food source through hemp seed products, building and construction materials, bio-plastics (plastics that actually bio-degrade and do not clog landfills), textiles and bio-fuel. Our company is exploring futuristic uses of all these component products of hemp.
TRANSPARENCY:Admittedly, the Company been so focused on moving forward with the growth of operations, acquisitions, forming new partnerships, finding new products and restructuring that perhaps we have fallen behind in keep shareholders adequately apprised of some developments. This will no longer be the case as it opens the door for those with their opinions or personal agendas to relentlessly attack our credibility and the business objectives of MJNA. As Chairman, I will make it a priority to address concerns and have more detailed updates on a more regular basis. We have retained numerous attorneys, hired auditors to not only perform audited financials going forward but to also go back and audit the last two years since the change in management at MJNA. This action is being taken not just to move the Company forward and to prepare for an uplisting of our stock, but more importantly to provide directors, officers and shareholders with confidence associated with the existence of audited financial statements.
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