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A brand new line of Cannabidiol-rich merchandise to assist Native American tribes in america develop hemp and cannabis-based economies to guard sovereignty; Restoring Hashish From Sovereign Nations Larger Alternative Than Multibillion-dollar Native American Gaming Trade
SAN DIEGO, CA– (Marketwired – August 15, 2016) – Medical Marijuana, Inc. (OTC PINK: MJNA) and its subsidiary HempMeds® at the moment introduced a partnership with CannaNative™, LLC (“CannaNative™”) to provide the primary line of hashish merchandise for the Native American market. CannaNative™” is the primary Native American owned and operated firm that makes use of hashish to develop alternatives for financial improvement on American Indian lands.
Via the partnership, Medical Marijuana, Inc. and HempMeds® will produce cannabidiol (CBD) well being and wellness merchandise derived from industrial hemp for the CannaNative™ model line, which can be distributed to tribal wellness facilities on reservations and native medical places of work, pharmacies. and dispensaries. The partnership and merchandise are meant to assist the greater than 560 tribal nations of america develop hemp and cannabis-based economies to guard their sovereignty.
“Medical Marijuana, Inc. is a 'firsts' firm and we’re honored to provide this historic product line for CannaNative™, which would be the first line of authorized cannabis-based merchandise for the Native American market, together with hemp and industrial hemp. CBD botanical merchandise,” stated CEO of Medical Marijuana, Inc. Dr. Stuart Titus. “The Firm and its Native American homeowners and leaders are paving the way in which for indigenous tribes to revive hashish use, analysis, commerce, banking and tradition, which incorporates industrial hemp, on tribal lands. We’re additionally excited to assist tribal nations as soon as once more reap the benefits of a few of the greater than 50,000 recognized makes use of for industrial hemp which can be one hundred pc sustainable and renewable. The potential to develop and analysis medical marijuana and non-psychoactive CBD on the lands natives additionally brings an amazing quantity of potentialities for tribes and the final hashish trade, hemp.”
CannaNative™ is run by co-founder and CEO Anthony Rivera, a Harvard College graduate who led the Acjachemen Nation in Southern California for almost a decade; co-founders Cedric Black Eagle, a former chairman of the Crow Tribe of Montana, and Andy Nakai, a member of the Navajo Nation who additionally serves as vice chairman of the board for the Navajo Group Improvement Monetary Establishment (CDFI). Rivera talked in regards to the new line of CannaNative™ branded hashish merchandise throughout his August 6 opening keynote on the Southern California Hashish Convention and Expo.
“We imagine that each Native American tribe ought to have the chance to ascertain and develop a accountable, cannabis-based financial system to assist all future generations, which this product line will assist us obtain,” stated Rivera. “In actual fact, the restoration of hashish by sovereign nations represents a novel benefit that’s larger than the multi-billion greenback Native American gaming trade. Our purpose is to assist tribal leaders give attention to constructing their nations with sustainable cannabis-based options, in addition to defending tribal sovereignty by way of strict rules and collaboration with authorized authorities.
Hemp has a sturdy historical past with Native Individuals, relationship again to seventeenth century America when farmers in Virginia, Massachusetts, and Connecticut had been ordered by legislation to develop “Indian hemp.” In 2014, the US Division of Justice opened the door for tribes to legalize marijuana for medicinal, agricultural and leisure use in the identical method that particular person states can. Right this moment, CannaNative™ believes that the complete restoration of hashish cultivation and the event of a cannabis-based financial system is an inherent proper of all 566 tribes positioned all through america.
In November 2015, CannaNative™ entered right into a strategic partnership with America's first India-focused marijuana commerce group, the Nationwide Indian Hashish Coalition (NICC), which was shaped after the Division of Justice of the The US has granted tribes the flexibility to legalize and regulate themselves on reservations. marijuana with the Wilkinson memo 2014. Nevertheless, uncertainty nonetheless pervades the trade, with federal and state authorities raiding and shutting down marijuana operations on three completely different reservations in California.
Collectively, CannaNative™ and the NICC actively educate tribal leaders about rising regulated hashish markets from an entrepreneurial and operational perspective to assist develop profitable cannabis-based economies of their sovereign nations and to forestall disruptive and expensive incidents resembling and the destruction of crops.
CannaNative™ can be on the forefront of offering options to the US-based hashish trade's lack of banking alternate options. The dearth of banking in a cash-and-carry trade creates a public security subject, which CannaNative™ addresses by modeling the extremely regulated and profitable gaming trade from Native American tribes to supply banking options for the gaming trade. United States hashish.
CannaNative™ was shaped to guide the restoration of hashish cultivation, manufacturing and distribution of merchandise for well being and wellness initiatives, medical analysis, banking and extra.
For extra details about CannaNative™, go to the Firm's web site at www.CannaNative.com.
About CannaNative LLC.
CannaNative™'s purpose is to assist tribes develop hemp and cannabis-based economies on Native American lands all through america. We imagine that each tribe ought to have the chance to ascertain and develop a accountable, cannabis-based financial system to assist all future generations. For extra details about CannaNative, go to the Firm's web site at www.CannaNative.com.
About HempMeds®
HempMeds® presents mainstream advertising and marketing, gross sales, customer support and logistics for the hashish trade. HempMeds® is a company portfolio firm of Medical Marijuana, Inc. (OTC PINK: MJNA) and the Firm's unique grasp distributor and contracted advertising and marketing firm.
About Medical Marijuana, Inc.
Our mission is to be the primary innovators of the hashish and hemp trade, leveraging our staff of pros to supply, consider and purchase value-added firms and merchandise, whereas permitting them to keep up their integrity and the entrepreneurial spirit. We attempt to create consciousness in our trade, develop ecological companies, economically sustainable, whereas growing the worth for shareholders. For particulars on the portfolio of Medical Marijuana, Inc. and funding firms, go to www.medicalmarijuanainc.com.
To view the video assertion from Medical Marijuana, Inc., click on right here. Shareholders are additionally inspired to go to Medical Marijuana, Inc. Store for discounted merchandise.