Medical Marijuana Inc. To Acquire Biotechnology Company Pharmasphere, LLC From Converted Organics For Legal Marijuana
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Medical Marijuana Inc. To Acquire Biotechnology Company Pharmasphere, LLC From Converted Organics For Legal Marijuana

Investing in a future with Legal Marijuana, Medical Marijuana Inc. executes Option Agreement to acquire a 100% stake in PharmaSphere , LLC. The cutting edge biotechnology company rnwhich has a solution for the production of high value bio-compounds sourced from plants that can be used as active pharmaceutical ingredients. The production of transgenic plants (genetically engineered plants) for the biotechnology revolution is the cornerstone of PharmaSphere’s focus and overall development for the plant based medical industry. rn

TerraSphere Systems’ (www.terraspheresystems.com) uniqueness for growing plants in environmentally contained and controlled growth environments created the first pharmaceutical grade environment for plant based compounds. These compounds will be used as ingredients for drugs, vaccines, diagnostics, nutraceuticals, cosmeceuticals, and industrial enzymes and materials. PharmaSphere will install TerraSphere Systems inside retrofitted facilities in order to grow, extract and purify the compounds using environmental friendly technologies. Additional environmental benefits include substantially less water & fertilizer use due to metered dispensing, less waste water or fertilizer discharge due to plant uptake, no chemical pesticides or herbicides, no fuel and oil use by agricultural machinery, along with no transportation of bulk plant materials to distant processing facilities.

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