New York, NY -- (ReleaseWire) -- 02/06/2013 --Medical Marijuana, Inc. (OTC Pink: MJNA) recently pre-announced its fourth quarter earnings. Operating highlights for the quarter included that:
- PhytoSPHERE Systems produced over 550 million milligrams of Hemp CBD oil for MJNA product sales and third party contracts, representing a 50% increase in production from the prior quarter.
- PhytoSPHERE Systems proprietary extraction technology helped the Company produce cost effective, high value CBD oil with concentrations of up to 80% in volume.
- The company began negotiations to purchase a US based laboratory to manage R&D and product development for PhytoSPHERE Systems and other MJNA portfolio companies.
Medical Marijuana Inc. operates in the medical marijuana and industrial hemp markets.
Find out what could be next for MJNA by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=MJNA
Recent activity in the markets has pushed the industrial hemp and medical marijuana sectors to new heights, setting a record volume of Hemp, Inc.'s (OTC Pink: HEMP) traded shares of 70,226,200 this past week.
Hemp, Inc. (HEMP), the industry leader that led the last growth curve back in 2009 with a 480% increase, is, again, leading the industry in 2013 as its CEO, Bruce Perlowin, predicted. According to Perlowin, the pioneer of the industry, the last spike was only a precursor to what is happening now in an industry that is officially "unstoppable."
Hemp, Inc. (HEMP) focuses on the vast market created by the quickly emerging, and growing, multibillion dollar industrial hemp industry.
Find out more on HEMP by getting the free full report here: http://www.monstertradingalerts.com/market-scan/?symbol=HEMP
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