Are We Moving Into Stage 2 of Medical Cannabis Sector Development

This morning we saw two senior changes at medical cannabis companies. Scanning the media this appears to be a building trend in the industry.

For example….Medical Marijuana Inc reports

HempMeds® Mexico Cuts Ribbon on Local Office, Names New General Manager Raul Elizalde

HempMeds® Mexico also revealed the appointment of medical cannabis activist and founder of the Por Grace Foundation Raul Elizalde to lead its operations in Mexico as General Manager. Raul will bring his vast experience in the Mexican cannabis community to the company, assisting in their expansion.

Following a 2015 court ruling, eight-year-old Grace Elizalde became the first patient in Mexico to legally access and use CBD. Raul, Grace’s father, created the Por Grace Foundation to expand access to CBD through advocating for patients, hosting public forums, and meeting with government officials.

In April of 2016, Raul joined President Peña Nieto on stage as the leader announced Mexico’s  intention to explore medical cannabis reform. Just this month, Peña Nieto signed off on a comprehensive medical cannabis bill that increases access to therapeutic cannabinoids. This new bill opens up the Mexican healthcare market to the complete line of Medical Marijuana, Inc.’s full-spectrum hemp oil products.

HempMeds® Mexico’s new office will serve as the its hub for the sales, marketing, and distribution of RSHO-X™ to wholesale distributors and patients in Mexico.

Monterrey, where the new HempMeds® Mexico local office is located, is a dynamic, wealthy city with a high concentration of innovative businesses and a highly skilled talent pool. Additionally, Monterrey’s central geographic location will serve as a strategic bridge between South, Central, and North America for San Diego-based Medical Marijuana, Inc.

Medical Marijuana, Inc. Subsidiary Kannaway® Appoints New Vice President of Operations Jim Gibson

Medical Marijuana, Inc. (OTC: MJNA) announced today that its subsidiary Kannaway LLC, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, has appointed Jim Gibson as Vice President of Operations.

Gibson brings to Kannaway® more than 25 years of experience in global operations positions. His experience includes coordinating the global operations of large scale companies, and being responsible for their worldwide, end-to-end supply chain management and product delivery.

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