Medical Marijuana Colorado

Colorado medical marijuana is stepping into the stock market ring. Medical Marijuana, Inc. is the first medical marijuana company to be offered on the stock market, spinning off two subsidiaries on a share for share basis (pre 10 for 1 forward split) of shares of Club Vivanet, Inc. (a Florida corporation) and MyNewPedia Corp. (a Colorado corporation). While it does not trade on the NYSE or NASDAQ, the stock does trade over-the-counter under the ticker CVIV and is listed as Medical Marijuana, Inc. on the pink sheets. According to the company, the patent filed for its invention potentially satisfies various governmental and medical marijuana dispensaries’ needs for tax collection in the medical marijuana industry in Colorado and beyond. Whether the company will take off remains to be seen, but current Chairman and CEO, Bruce Perlowin is hopeful about the company’s future.

Medical marijuana in Colorado is used for the treatment of a variety of conditions and symptoms. For many users, marijuana reduces the symptoms of more serious diseases and allows patients to lead a somewhat normal life during treatment for such diseases as cancer, glaucoma, arthritis, MS and Fibromyalgia. For cancer patients, the inhalation of cannabis reduces the severe bouts of nausea that accompany chemotherapy treatments. For those patients who cannot keep medication down, smoking marijuana is a preferred alternative for nausea control and allows the patient the ability to continue eating during treatment. For patients with MS, the use of cannabis stops muscle spasms, restores speech and eyesight, helps with bladder control issues and reduces serious tremors. Some patients claim the ability to walk unassisted when using marijuana. Testing for a cannabinoid substitute called THC has been undergoing trial studies to see how it may compare to the actual drug.