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Medical Marijuana Inc (OTCMKTS:MJNA) Reports Registration Of Its Cannabidiol Products In Paraguay As A Drug

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Medical Marijuana Inc

Medical Marijuana Inc (OTCMKTS:MJNA) reported the registration of its RSHO-X™ and RSHO™-Blue Label offerings as registered drugs by national health regulation organization of Paraguay. Dr. Stuart Titus expressed that they are a firm of firsts and they are thrilled about this new historic accomplishment of being the first firm to have a Cannabidiol product listed in Paraguay.

The buzz

Dr. Stuart Titus, the CEO of Medical Marijuana, expressed that they have actively followed getting their pipeline of botanical cannabis offerings registered and permitted as therapeutic products in nations across the world, which gives the ability for global healthcare providers and pharmacies to supply cannabis offerings to patients.

This is yet another instance of the global trend of acceptance of Cannabidiol for therapeutic application, and they are continually exhilarated by the decisions of regulators and governments to allow use of Hemp and cannabis products for patients with multiple indications, particularly where conventional drug has had limited or modest effects.

Paraguay’s official enrollment of Medical Marijuana’s Cannabidiol hemp oil offerings marks the first nation that has approved and registered the firm’s products as medicinal drugs. Currently, company Cannabidiol hemp oil items have been utilized in Paraguay with medical problems ranging from cancer, pain, epilepsy, multiple sclerosis and various other neurological ailments.

Prior to becoming enrolled as official drugs, in May of 2016, RSHO-X™ became the first medicinal cannabis product imported and approved for use in Paraguay for compassionate application with a government and prescription permission. This event recorded the third time in over a year that RSHO™ was the initial cannabis product permitted in a Latin American nation, after Brazil and Mexico.

In the last trading session, the stock price of Medical Marijuana declined 0.08% to close the day at $0.1239. The decline came at a share volume of 15.82 million compared to average share volume of 16.81 million.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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