Mexico’s Emili Zoe Calls Attention to RSHO-X™
Ryan Allway
August 11th, 2016
News, Top Story
Cannabis has been long demonized by the United States where it remains a Schedule I Controlled Substance. With its significant foreign policy reach, these sentiments have been pushed onto neighboring countries like Mexico. Former President Filipe Caldron’s War on Drugs led to at least 60,000 Mexican deaths between 2006 and 2012, despite illicit earnings of between $13.6 billion to $49.4 billion ending up in the pockets of criminal enterprises.
The good news is that the tides are turning with the legalization of medical and recreational marijuana in both the United States (on a state level) and Canada (nationwide). On February 1, 2016, Mexico’s government made a surprising shift in its stance on cannabis after the Health Department (COFEPRIS) found that Medical Marijuana, Inc.’s (OTC: MJNA) RSHO-X™ contained “non-detectable” THC and was approved for import from the United States.
The decision to approve the import of RSHO-X™ came after the families of Maria Paula, 5, and Alina Maldonado Montes de Oca, 11, lobbied the government to import the cannabidiol (CBD) oil to treat medical conditions that couldn’t be treated with other existing therapies. Since then, Medical Marijuana, Inc. established its HempMeds® Mexico subsidiary and initiated an educational tour to highlight the many potential benefits of cannabidiol (CBD).
Emili Zoe’s Case
The government’s shift has expanded access to RSHO-X™ to a number of other individuals suffering from medical conditions that don’t respond to other therapeutics.
For example, Emili Zoe began experiencing chronic seizures when she was two-months old due to a genetic disorder. In their search for a treatment, Emili’s parents discovered Medical Marijuana, Inc.’s RSHO-X™ cannabidiol oil through the Por Grace Foundation. The therapy immediately stopped the seizures and restored her quality of life, while highlighting the potential for CBD-based therapeutics in treating a variety of conditions.
Watch a video highlighting Emili Zoe’s story below.
“A Hope for Emili” held an informational conference in mid-July to discuss the potential benefits associated with medical cannabis. At the event, various specialists were present to discuss these benefits alongside HempMeds® personnel. Emili’s grandfather noted that at least 24 families with similar conditions have reached out for more information, which prompted the conference to address these questions and potential for RSHO-X™.
Expanding Access
The importation of RSHO-X™ marks the first step in a long march towards legalization of medical and, potentially, recreational marijuana throughout Mexico.
“[We believe] that full legalization of all cannabis products may soon be a reality within Mexico,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “Regardless of any near-term additional regulatory decisions, our Company is honored to be the first distributor to Mexico of cannabis-based products to families that have been awarded government import permits. We applaud this first step forward by the regulators to allow our RSHO-X™ product and the great efforts of Mexican lawmakers for acting on behalf of the welfare of the Mexican people.”
Mexico’s Supreme Court already ruled that marijuana for recreational use could be decriminalized in November 2015. In April, Mexican President Pena Nieto proposed legalizing medical marijuana and easing limits for personal use of the drug. He indicated that he would be sending a bill to Congress to increase the amount users can legally carry from the current five grams to 28 grams – or one ounce.
“We, Mexicans, know all too well the range and the defects of prohibitionist and punitive policies, and of the so-called war on drugs that has prevailed for 40 years,” said President Nieto in a statement at the time. “Fortunately, a new consensus is gradually emerging worldwide in favor of reforming drug policies. A growing number of countries are strenuously combatting criminals, but instead of criminalizing consumers, they offer them alternatives.”
Looking Ahead
Medical Marijuana, Inc.’s RSHO-X™ became the first cannabinoid-based treatment approved for import to Mexico for the treatment of various medical conditions. With the tides turning on legalization, the company is well positioned to capitalize on the liberalization of drug policies and to help improve the lives of millions of patients. In fact, Mexico’s cannabis industry is estimated to be roughly the same size as California’s enormous industry.
Investors interested in the medical cannabis and cannabinoid space may want to take a closer look at Medical Marijuana, Inc. given these trends.
For more information, visit the company’s website at www.medicalmarijuanainc.com.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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