The cannabis industry has been witnessing one of the highest growth rates over the past few years. Various companies including Medical Marijuana Inc (OTCMKTS:MJNA) are trying their best to make the most out of the current market condition. As per the reports, MJNA has decided to move Dixie Botanicals from Colorado to California.
Insights on the matter:
Medical Marijuana Inc (OTCMKTS:MJNA) has made a historical move by deciding to relocate Dixie Botanicals, which is one of the most trusted and recognized brands in the cannabis industry of the world. It appears to be a win-win situation for both MJNA and Dixie Botanicals as the latter will be able to grow its presence on an international level through this move. With the help of sound leadership and support of MJNA, Dixie Botanicals seeks to take the development of its hemp cannabidiol (CBD) oil product line to a new level. The firm expects that this move of MJNA will help it uplift the national and global distribution in the near future.
The management of Medical Marijuana Inc (OTCMKTS:MJNA) looks excited about this deal. Michelle Sides, Chief Operating Officer, MJNA states that the decision of his company to move Dixie Botanicals from Colorado to California is a brave step. It will clear that cannabis can be used across the state lines without any problem.
The consumers of Dixie Botanicals have enjoyed second to none product quality in the past, and they will continue to get the same in the future as well. The only change that will emerge in the coming months will be a new product label. Medical Marijuana Inc (OTCMKTS:MJNA) can also think about introducing a few more products under the Dixie Botanicals brand if everything goes fine.
The sales, service and marketing teams of this popular brand have already started their proceedings in California. The distribution will start in a few months time.