PHOENIX, AZ / ACCESSWIRE / June 10, 2019 / The Stock Day Podcast welcomed Medical Marijuana, Inc. (OTC PINK: MJNA) ("the Company"), a cannabis company with three distinct business units in the non-psychoactive cannabinoid space. President and CEO, Dr. Stuart Titus, joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the Company's recent FDA hearing. Dr. Titus explained that with the growth of the CBD market, the FDA has been taking a closer look into this industry with the goal of developing regulation for the sale of CBD as a dietary supplement. The Company recently participated in a historical FDA hearing where they pleaded the need for CBD as an FDA approved dietary supplement and believe they are making great strides towards this goal.
Jolly then asked about the Company's major accomplishments that lead to their record year in 2018. Dr. Titus shared that the Company achieved a revenue total of $60 million dollars for 2018. This growth in revenue is continuing into 2019 as the Company celebrates their first profitable quarter. Changes to the Company's management team and the increasing openness for CBD products in the international markets represent significant value to the future of the Company.
Jolly followed by asking about the Company's numerous divisions and the value that they each represent. Dr. Titus shared the Company's expansion into the European and Japanese markets has represented some of the most profitable divisions of the Company and could overshadow their operations in the United States. "These opportunities are phenomenal," shared Dr. Titus.
Dr. Titus then discussed the expansion of the CBD industry as a whole, which is expected to grow rapidly over the next four years. The appeal of THC-free CBD products has continued to increase as consumers are able to experience all of the benefits of cannabis without the psychoactive effects. The expansion of the CBD industry has even been linked to reduced alcohol and tobacco usage.
To close the interview Dr. Titus shared his excitement for the Company's recent growth, including their first profitable quarter. "We're really quite excited about the future," Dr. Titus stated. "We look forward to producing significant value," he added.
To hear Dr. Titus' entire interview, follow the link to the podcast here: https://audioboom.com/posts/7282117-ceo-dr-stuart-titus-of-medical-marijuana-inc-otcpink-mjna-june-19-update
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 internal R&D and scientific team and its pharmaceutical investment companies and partners including AXIM® Biotechnologies, Inc. and Kannalife, Inc. 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. Medical Marijuana, Inc.'s headquarters is in San Diego, California, and additional information is available at OTCMarkets.com or by visiting www.medicalmarijuanainc.com.
To see Medical Marijuana, Inc.'s corporate video, click here.
Shareholders and consumers are also encouraged to buy CBD oil and other products at Medical Marijuana, Inc.'s shop.
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 FDA and are not intended to diagnose, treat or cure any disease.
Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). These companies do grow, sell, and distribute hemp-based products and are involved with the federally legal distribution of medical marijuana-based products within certain international markets. Cannabidiol is a natural constituent of hemp oil.
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America. Stock Day recently launched its Video Interview Studio located in Phoenix, Arizona.
Stock Day Podcast
SOURCE: Stock Day
View source version on accesswire.com: