Medical Marijuana, Inc Captures Market Share in 3 More Counties in California

* Reuters is not responsible for the content in this press release.

Tue Jun 30, 2009 4:20am EDT

  MARINA DEL REY, CA, Jun 30 (MARKET WIRE) -- 
Medical Marijuana, Inc (PINKSHEETS: MJNA) continues its expansion with
four additional collectives agreeing to use Medical Marijuana, Inc's tax
remittance card. Dianna Kaplan, the marketing consultant assisting MMI
says, "The addition of these collectives shows their intent to comply
with tax laws and provides a more solid basis to build their business on."

    The Healing Centers 1 & 2 in Orange County, California, 2 Green Thumbs in
Tuolomne County, California and Mother Nurture Collective in San Diego
County, California plan to implement the tax remittance card in September
2009.

    Medical Marijuana, Inc is the first public company to recognize the vast
and unequaled opportunities that exist in the rapidly expanding Medical
Marijuana market. The scientific recognition of marijuana as a powerful
medicine has brought marijuana to a new status and opened the door for
investment and opportunity.

    Tax Collection

    The Stored Value Platform System will provide verifiable solutions to
manage the difficult task of revenue and taxation collection. The "Point
of Sale" (POS) system will recognize the dispensary's tax ID number,
state and local tax rates and then provide "Automated Clearing House"
(ACH) settlement of the taxes to the proper financial institutions. The
customers of the dispensary are issued a plastic debit card or medical
revenue card. The ease of access to certifiably secure transactions
lessens the risk of loss at each level of the transaction.

    Internal Management

    All collectives/dispensaries in the U.S. are cash businesses. This
presents a number of challenges. For the dispensary owner, he must be
there all the time or his employees could be selling their own marijuana
to the customers, and keeping the cash. With our Stored Value Card,
Dispensary owners are more comfortable knowing all transactions are made
with a stored value card. This reduces the losses associated many times
with cash transaction businesses. For the investor looking to open more
than one dispensary, this card allows him the ease of mind knowing all
transactions are accounted for in all of his locations.

    Solutions

    Medical Marijuana, Inc is developing a suite of solutions to deliver an
efficient and secure infrastructure for the Medical Marijuana Industry
that will provide the tools to industry operators to effectively manage
their businesses with the confidence that they are in full compliance.

    About The Healing Centers

    The Healing Centers of Laguna Hills and Irvine, California in Orange
County began operating because of the foresight they had in assisting
qualified patient access to medical marijuana. The Healing Center
embraces all aspects of the professional operation of medical marijuana
collectives from staff to education in the medical marijuana industry.

    Safe Harbor: This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Statements contained in this release that are not historical facts may be
deemed to be forward-looking statements. Investors are cautioned that
forward-looking statements are inherently uncertain. Actual performance
and results may differ materially from that projected or suggested herein
due to certain risks and uncertainties including, without limitation,
ability to obtain financing and regulatory and shareholder approvals for
anticipated actions.

    

For further details contact:
Bruce Perlowin
Email Contact
www.medicalmarijuanainc.com
www.twitter.com/medmarijuanainc

Copyright 2009, Market Wire, All rights reserved.

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