May 18, 2015 | admin
Historic Milestone: U.S. Company’s Cannabis Product Approved for Import in Brazil; the Brazilian Government Has Subsidized the Product for Many and HempMeds Brasil™ Has Received Its First Insurance Reimbursements
San Diego, CA – May 18, 2015 – Cannabis has been illegal in Brazil – regardless of whether the origin is from marijuana or hemp. That has all changed thanks to two mothers, one in the United States and one in Brazil – and Real Scientific Hemp Oil™ (RSHO™), a Medical Marijuana, Inc.-marketed hemp product via its partnership with HempMeds Brasil™.
Medical Marijuana, Inc. (OTC Pink: MJNA) is proud to announce to shareholders and the public that HempMeds Brasil’s™ RSHO™ product has been written into world history as the first cannabis product to be approved for import by Brazil’s federal government and used as a prescription for approved medical indications within Brazil including epilepsy (CDKL5 and Dravet Syndrome). HempMeds Brasil™ is providing the RSHO™ exclusively for the Brazilian marketplace while under temporary broad approval for additional medical indications, subject to clinical trials within the country.
Today, any resident of Brazil who has a government-approved medical indication can have access to RSHO™ hemp oil products and may do so with both a doctor’s prescription and government-approved import documentation. ANVISA has issued a statement on the agency’s website, featuring a photo of a tube of RSHO™ from HempMeds Brasil™, and explains how to apply for an import certificate. Currently the product is approved via direct registration from an individual consumer, HempMeds Brasil™ has been working for over a year on its formal product drug application and submission. The company expects this to take through 2015 to complete.
“Brazil is a shining example of how a national government has responded to humanitarian interests and has swiftly and diligently passed favorable legislation on behalf of the health and well-being of its people – children in particular,” states Stuart W. Titus, PhD and Chief Executive Officer of Medical Marijuana, Inc. “We are truly inspired by the swiftness and the capability of the Brazilian government to overcome politics in granting nationwide access to CBD hemp oil products. Their decisive action is a stellar example for the rest of the world – they rewrote history. The products have been approved for import for six medical indications, five of these indications are subject to future clinical trials – we will update shareholders on developments.”
Dr. Titus continues, “I would like to say thank you to our team of dedicated men and women across the world who have made history, for without you none of this would be possible. To the parents and families in the U.S. and Brazil who have fought to have access to these products in Brazil our hearts are with you and your children. Thank you for your trust and belief in our company and our natural botanical products.”
– See more at: http://medicalmarijuanainc.com/brazilian-government-approves-medical-marijuana-inc-s-new-partnership-hempmeds-brasil-and-their-products-as-a-prescription-medication-for-import/#sthash.7HMIwvFA.dpuf