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Medical Marijuana, Inc. Subsidiary HM Pharma Submits CBD Product Dossier; Receives Sanitary Registration in Brazil
[ad_1] SAN DIEGO, CA, Aug. 11, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today its pharmaceutical subsidiary, HM Pharma, has submitted a product dossier for its cannabidiol (CBD) products after receiving Sanitary Authorization from ANVISA, Brazil’s Health Regulatory Agency. Under ANVISA Normative 327/2019, this registration allows companies such as HM Pharma to bulk import raw extracts, isolated cannabinoids or finished products as well as manufacture and distribute cannabis products to pharmacies in Brazil. “This is a large accomplishment for our company and great news for the citizens of Brazil,” said Matheus Patelli, Managing Director of HM Pharma. “Submitting our dossier is the final step to registering our product as a pharmaceutical product in Brazil enabling our company to sell our products in pharmacies. We hope to provide another option to access CBD for those in need.” Medical Marijuana, Inc. subsidiary HempMeds® Brasil was the first company to legally import products to Brazil in 2015 utilizing Brazil’s Compassionate Use laws. The compassionate use market in Brazil is thriving and it will continue to coexist with the medical market. HempMeds® Brasil, which is currently growing 75% faster than the overall Brazilian CBD market, and is the leading company in Brazil’s cannabis industry, will continue to operate under the compassionate use model, while HM Pharma will operate under ANVISA Normative 327/2019. “It’s tremendous to see continued growth and regulatory progress for our company in Brazil,” said Medical Marijuana, Inc. CEO Blake Schroeder. “We are optimistic about our incredible forward momentum into the pharmaceutical space, and we look forward to sharing more exciting updates on our new sales channels in the near future.” About Medical Marijuana, Inc. We are a company of firsts®. Medical Marijuana, Inc. (MJNA) is a cannabis company with three distinct business units in the non-psychoactive cannabinoid space: a global portfolio of cannabinoid-based nutraceutical brands led by Kannaway® and HempMeds®; a pioneer in sourcing the highest-quality legal non-psychoactive cannabis products derived from industrial hemp; and a cannabinoid-based clinical research and botanical drug development sector led by its pharmaceutical investment companies and partners including AXIM® Biotechnologies, Inc. and Neuropathix. Medical Marijuana, Inc. was named a top CBD producer by CNBC. Medical Marijuana, Inc. was also the first company to receive historic import permits for CBD products from the governments of Brazil, Mexico, Argentina, and Paraguay and is a leader in the development of international markets BestMixer. The company’s flagship product Real Scientific Hemp Oil has been used in several successful clinical studies throughout Mexico and Brazil to understand its safety and efficacy. Medical Marijuana, Inc.’s headquarters is in San Diego, California, and additional information is available at OTCMarkets.com or by visitingwww.medicalmarijuanainc.com. To see Medical Marijuana, Inc.’s corporate video, click here. FORWARD-LOOKING DISCLAIMER 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. FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease. LEGAL DISCLOSURE Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act. CONTACT: Public Relations Contact: Kyle Porter CMW Media P. 858-221-8001 [email protected] www.cmwmedia.com Investor Relations Contact: P. (858) 283-4016 [email protected] [ad_2] Source link

Is There Hope for the Philippines to Legalize Marijuana Now That Anti-Drug Zealot President Duterte is Out?
[ad_1] With President Duterte, King Of The Philippines’ Deadly War On Drugs Finally Out Of Office, Is There Hope For Legalizing Marijuana? June 30th, 2016 was the beginning of some of the Philippines’ darkest days. That was the day that Rodrigo Roa Duterte, former president of the Philippines, assumed office. While he was known for his numerous political accomplishments serving 7 terms as the mayor of Davao, he was also notorious for his hatred towards drugs. And since the day he assumed office as president of the Philippines, thousands of unjust deaths supposedly related to the war on drugs took place around the country. It was a dark, bloody time: it’s believed that more than 12,000 Filipinos died because of the war though some 2,500 of these deaths were linked to the local police authorities. Regardless, this campaign unleashed a war that should not have taken lives at all. According to Duterte, illegal drugs were the biggest hindrance to the survival of the country, preventing it from succeeding as a nation. In his eyes, people who used illegal drugs as well as those who pushed and sold them were free game – they could be killed by anyone even in broad daylight, without due process being served. Of course it caught the attention of human rights watchers globally, but he showed no remorse. People who used drugs, sold them, or even those without proof of doing so could be killed. It was a killing spree. Under Duterte’s term, there was no way in hell that any bill trying to legalize medical marijuana would progress – even if his own ex-wife supposedly was using it to help cope with breast cancer. However, progressive lawmakers have been fighting to legalize medical marijuana in the Philippines since 2014. They were trying to get a bill into Congress though there has been very little progress made especially when Duterte assumed the presidency. But something surprising happened in 2017: President Duterte’s spokesman said that he would be open to bills legalizing medical marijuana, which led to the third reading of House Bill No. 6517, also known as the Philippine Compassionate Medical Cannabis Act. But there always seems to be roadblocks…. In 2019, the bill was blocked by the Senate when it seemed as if Duterte had a change of heart saying that he will not allow medical marijuana to be legalized in his time. Yes, he tends to eat his words a lot. Thankfully, his term has just ended and the Philippines now has a new president in place: Ferdinand Marcos, Jr. Marcos: Next In Line Ferdinand Marcos, Jr. also known as Bong Bong Marcos, is by no means a lesser evil: the Filipino people elected the son of former dictator Ferdinand Marcos, notorious for his iron rule in the country from 1965 to 1986, and placing the Philippines under martial law, which many recall as the dark ages. For fourteen years, the Marcos administration was able to get away with numerous human rights abuses especially against journalists who tried to speak up against the Marcos government. And now, his son is in power. But when it comes to legalizing marijuana, he might just be the president we needed. There are rumors circulating that he does have sort of an open and liberal attitude when it comes to drug use. We won’t know that for sure because there is no evidence whatsoever at the moment, but if it is true then it could be good news. In addition, a Filipino actor named Robin Padilla, whose political name is Senator Robinhood Padilla, was also voted into power during the last elections. A man with hardly any political background, but could this Robinhood be the man to finally help the Philippines progress with legal medical marijuana? Sen. Padilla has been pushing for its legalization in recent weeks by filing Senate Bill 230, which would encourage research on the uses of medical cannabis, provide training for medical professionals on its use, and help people who need it, reports The Philippine Star. “The State should, by way of exception, allow the use of cannabis for compassionate purposes to promote the health and well-being of citizens proven to be in dire need of such while at the same time providing the strictest regulations to ensure that abuses for casual use or profiteering would be avoided,” said Padilla in the bill. Furthermore, the bill states that medical marijuana, including products such as oil and capsules but not raw cannabis, can be given for “debilitating medical conditions of qualified patients.” According to the bill, these conditions are to include cancer, HIV/AIDS, sleep disorders, nausea, epilepsy, migraines, and other conditions that the Department of Health identifies. These are only baby steps, but they are important. Currently, it remains fairly simple for people to illegally source marijuana products through the black market in the Philippines. There are also a few non-government organizations and private entities that supply underground cannabis oil to those who are in need. However, legalization is still an important step forward because decriminalizing it would remove the penalties associated with its use especially for those who are sick and need it for themselves of their children. Legalization will also ensure fair pricing of pharmaceutical-grade cannabis that patients can make use of, and so that patients can have a steady supply of the medicine that they need. Hopefully, this administration will be the one to propel the Philippines forward and allow the country to perhaps be next in Asia after Thailand to legalize marijuana. PHILIPPINES GOING FORWARD WITH MMJ, READ MORE… THE PHILIPPINES ARE HIGH ON MEDICAL MARIJUANA POTENTIAL! 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