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Medical Marijuana, Inc. Subsidiary HempMeds® Brasil Signs Agreement with Online Marketplace Dr. Cannabis
Medical Marijuana, Inc. Subsidiary HempMeds® Brasil Signs Agreement with Online Marketplace Dr. Cannabis.
About this update from Medical Marijuana, Inc.
[{"type":"text","content":"\n\n\n\nMedical Marijuana, Inc. Subsidiary HempMeds® Brasil Signs Agreement with Online Marketplace Dr. Cannabis\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMedical Marijuana, Inc. Subsidiary HempMeds® Brasil Signs Agreement with Online Marketplace Dr. Cannabis\nPR Newswire\nSAN DIEGO, Sept. 17, 2019\n\n\n\nSAN DIEGO, Sept. 17, 2019 /PRNewswire/ -- Medical Marijuana, Inc. (\"the Company\") (OTC: MJNA), 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, today announced that its subsidiary HempMeds® Brasil, the first Anvisa-authorized company to import cannabidiol (CBD)-based medicines in the country, has signed a partnership agreement for Dr. Cannabis, an online marketplace that facilitates patient access to medical cannabis, to become the exclusive Brazilian reseller of the Company's CBD products.\nSince 2014, almost 10,000 authorizations have been granted to individual patients, allowing them to import medical cannabis on a case-by-case basis, each for a period of up to one year. During the first quarter of 2019, Brazil's National Sanitary Surveillance Agency (ANVISA) granted 884 new authorizations and 170 renewals—more than one-third of all the authorizations that were handed out in 2018.\n\"This partnership has increased our order demand significantly,\" said HempMeds® Brasil Vice President Caroline Heinz. \"We received 300 new import orders last month and are excited about this new opportunity to grow and provide many new consumers with our high-quality CBD products.\"\nAs the medical cannabis market in Brazil continues to thrive and grow, Dr. Cannabis has become one of the largest online marketplaces for CBD throughout the country. In addition to selling safe and effective CBD products, the platform connects doctors with patients and conducts and shares research on cannabinoid medicine and consumer purchasing trends. \n\"As pioneers in the Brazilian CBD market, the evolution of the industry and the increased...