My Marijuana Canada Trading on the Canadian Securities Exchange - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - September 23, 2014) - My Marijuana Canada (CSE: MYM) is one of the latest new listings on the Canadian Securities Exchange. The B.C. company completed a plan of arrangement on September 12th, which resulted in My Marijuana becoming a reporting issuer in Alberta and British Columbia. The company is in the process of becoming a licensed producer of medical marijuana in Canada.

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My Marijuana is basing its business around the acquisition of the medicinal marijuana business assets of Medicann Corp., an established distributor of medicinal marijuana in Vancouver, B.C. Through an asset purchase agreement entered into with Medicann on May 28, 2014, the company received assets for the development of its business, including:

• exclusive access to the patient list of Medicann's current medical marijuana clients of approximately 1000 past and current customers

• intellectual property associated with Medicann's business, such as domain names

• the marijuana growing and industry expertise of Medicann's two owners and co-founders, Michelle Hackett and Chris Jackson

Chris Jackson will become President and CEO, with Michelle Hackett taking the position of Chief Operating Officer.

The company has filed its building license application to build a 20,000 square foot indoor growing facility near Maple Ridge, British Columbia. Following building approval and completion of the growing facility, the company will apply for a Producer's License, which management hopes to receive by early 2015. In the event that the company is granted a Producer's License, My Marijuana plans to be cultivating and harvesting dried marijuana by the second half of 2015.

The company recently acquired the property to house its growing facility for a purchase price of $844,900, making a deposit of $300,000 with the balance secured by a mortgage for $544,900. My Marijuana has indicated that it is currently seeking a private placement financing of up to $1.4 million.

The shares are trading at $0.13, and with 50.6 million shares outstanding, the company is capitalized at $6.6 million.

For more information about My Marijuana, contact John Bevilacqua, at 604-721-3000 or email jb@mymarijuana.com.

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