Medical Marijuana, Inc.’s Dixie Elixir and Edibles Brand to Launch First non … – MarketWatch (press release)

Posted on: May 1st, 2012 by admin No Comments

DENVER, May 01, 2012 (BUSINESS WIRE) –
Elixirs and Edibles, Colorado’s premier Tetrahydrocannabinol or
THC-infused products company, today announced a new line of products
which will break entirely new ground for the company in the category of
non-THC-infused product development. Following closely on the heels of
its acquisition by cannabis and hemp industry innovators Medical
Marijuana, Inc.

, today’s announcement consists of three new hemp-based Cannabidiol
(CBD) products that contain no THC:

Dixie DewDrops: a sublingual glycerin-based tincture designed for pain

Dixie Botanicals: a topical pain relief salve and massage oil

Dixie Scrips: a pharmaceutical-grade CBD capsule in two varieties, one
for daytime focus/mental energy and the other a night time sleep aid

The Food and Drug Administration (FDA) currently considers hemp-based
cannabinoids, including CBD, to be “food based” and therefore legal
without a medical marijuana license. Amongst the many potential uses for
CBD-based products that are currently under evaluation, CBD’s
have been shown to relieve convulsion,
and nausea.
Based on medical potential and the federally legal status of hemp-based
CBD products, Dixie and Medical Marijuana, Inc. estimate the market in
the U.S. to be well over $5
billion. These three new products are the first of many that the
companies intend to bring to the market in the coming year.

Dixie will initially offer the new products exclusively to their
existing customer base which consists of over 400 dispensaries in the
state of Colorado. This consumer base represents in excess of 70 percent
of the addressable medical marijuana market in Colorado and over nine
percent of the U.S. medical cannabis market. Within 90 days the Company
intends to launch a mail order campaign and online e-commerce platform
that will allow individuals throughout the U.S. to purchase these
products since they contain no THC. The U.S. availability will be
followed closely by distribution in international markets including
Europe via several key product distribution relationships that are
currently under negotiation.

“From the day that we created our first medicated elixirs, we have known
that as an industry we have only just begun to tap the very deep health
and healing properties of cannabis,” said Tripp Keber, President and CEO
of Dixie Elixirs and Red Dice Holdings, LLC. “These three new products
open up a world of potential for Dixie and Medical
Marijuana, Inc. to bring healthy alternatives to millions of
patients who might otherwise never experience the tremendous benefits of
cannabinoids. This is truly an exciting development for Dixie and we
look forward to bringing Dixie Scrips, Dixie DewDrops, and Dixie
Botanicals to patients around the country and around the world who are
looking for a healthful alternative to mass-produced, man-made
pharmaceutical products.”

About Dixie Elixirs

As Colorado’s premier THC-infused products company, Dixie Elixirs &
Edibles(TM), based in Denver, has been providing alternative medicated
relief for patients in Colorado since 2009. Dedicated to providing the
strength, taste, and discretion required by medical marijuana patients,
Dixie Elixirs & Edibles provides a complete line of smoke-free medical
marijuana products including Dixie Elixirs(TM) medicated beverages, Dixie
Edibles(TM) infused edibles, Dixie Scrips(TM) cannabis and herb supplement
capsules, Dixie Botanicals(TM) all-natural transdermal topicals, Dixie
DewDrops(TM) concentrated tinctures, and Dixie Tonics(TM) medicated energy
boosts. Dixie Elixirs & Edibles products are sold through licensed
medical marijuana centers in Colorado in compliance with CO HB 1284.
Find out more at

About Medical Marijuana, Inc.

Our mission is to be the premier cannabis and hemp industry innovators,
leveraging our team of professionals to source, evaluate, and purchase
value-added companies and products, while allowing them to keep their
integrity and entrepreneurial spirit. We strive to create awareness
within our industry, develop environmentally friendly, economically
sustainable businesses, while increasing shareholder value. For more
information, please visit the company’s website at: .


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.


These statements have not been evaluated by the Food and Drug
Administration (FDA). These products and statements are not
intended to diagnose, treat, cure, or prevent any disease.

Corporate Contact: Medical Marijuana, Inc. Toll Free:
888-OTC-MJNA (888-682-6562)

Investor Relations Contact: Equiti-Trend Advisors, LLC Toll
Free: 800-953-3350

SOURCE: Dixie Elixirs and Edibles

        Dixie Elixirs and Edibles
        Tripp Keber, 202-413-7088

Copyright Business Wire 2012

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