Medical Marijuana, Inc. Recognized by Forbes as a Solutions Provider for the Medical Marijuana Industry

MARINA DEL REY, CA--(Marketwire - August 17, 2009) - Medical Marijuana, Inc. (PINKSHEETS: MJNA) announced today Forbes' recognition that Medical Marijuana, Inc.
offers solutions for the emerging medical marijuana industry. (See:
http://www.forbes.com/2009/08/13/george-soros-marijuana-legalization-opinions-contributors-rachel-ehrenfeld.html)

The article entitled "ObamaCare's Medical Marijuana" by Rachel Ehrenfeld,
08.13.09, 04:00 PM EDT also recognizes that

George Soros has been pushing for legalization of marijuana for the past 16
years.

MJNA intends to be one of the organizations to submit a proposal to The
National Institute on Drug Abuse (NIDA) which Forbes says is venturing into
the distribution and production of marijuana cigarettes. According to the
Aug. 5 solicitation for proposals, the selected organizations will be
controlled by the Drug Enforcement Administration (DEA), and will have to
comply with FDA regulations.

The articles also points out that "the government is soliciting
organizations that can grow marijuana on a 'large scale,' with the
capability to 'prepare marijuana cigarettes and related products ...
distribute marijuana, marijuana cigarettes and cannabinoids, and other
related products' not only for research, but also for 'other government
programs.'"

The article states "A revenue collection system is already in place to
ensure the tax revenues for the states that allow 'medical marijuana.' The
system, developed by Medical Marijuana, Inc., boasts, 'The Stored Value
Platform System, a point-of-sale system, is a hallmark element of Medical
Marijuana's business solutions package.' The company has already signed on
many marijuana collectives, and lobbies heavily to sign on the City of
Oakland, Calif., which is the first city in the nation that voted in favor
of collecting tax proceeds from marijuana sale, 'as part of the solution to
Oakland's longstanding budget shortfall.'"

MJNA also intends to introduce products and services that will diminish any
negative aspects (incorrectly covered in the article) and enhance the
positive aspects benefiting medical marijuana patients; however, while MJNA
appreciates the recognition by Forbes, we do not endorse all of the
opinions and conclusions stated in the article. To see responses to this
article on a third party medical marijuana advocacy web blog, visit:
http://blog.mpp.org/medical-marijuana/idiocy-at-forbes-com/08132009/

About Rachel Ehrenfeld

Rachel Ehrenfeld is the author of "Funding Evil: How Terrorism is Financed
and How to Stop It," and she is director of the American Center for
Democracy.

ABOUT MEDICAL MARIJUANA INC.

Medical Marijuana, Inc. (PINKSHEETS: MJNA) is the first public company to
recognize the vast and unequaled opportunities that exist in the rapidly
expanding medical marijuana industry. The scientific recognition of
marijuana as a powerful medicine, and as an effective, non-narcotic pain
reliever, has brought legalized marijuana use to the forefront of
mainstream discussion thus opening the door for safe and lucrative
investment opportunities.

Medical Marijuana, Inc. has developed a suite of turnkey business and
management solutions for the fledgling medical marijuana collective
industry in California. An expanding number of states that have legalized
the use of medical marijuana have yet to establish a system for the
legalized commercial production and sale of the medicine. These regions are
also strong potential targets for Medical Marijuana, Inc.'s products and
services down the road. It is likely that other states will follow
California's basic lead as the Golden State more specifically defines the
regulations and protocol that are shaping the supply-side of the legal
medical marijuana sector.

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. Dispensary owners risk employee theft and possible
competition for sales with unsupervised employees. Our stored value card
also eliminates the risks of carrying cash. For the investor looking to
open more than one dispensary, this card allows him the ease of mind of
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.

FORWARD-LOOKING DISCLAIMER

This press release may contain certain forward-looking statements and
information, as defined within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is
subject to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial results
that are forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks, uncertainties
and other factors, which may cause the actual results, performance or
achievements of Medical Marijuana, Inc. to be materially different from the
statements made herein.