
Medical Marijuana, Inc. (OTC:MJNA) has satisfied and retired two of its three major outstanding debt liabilities, eliminating over $10 million of principal debt from its balance sheet. The satisfaction of the debt eliminates long-standing liabilities and aligns with the company's goal of cleaning up its balance sheet through establishing more profitable operations and removing pressure caused by debt sellers.
As of February 28, 2022, two promissory notes equaling $10.18 million in principle have been satisfied and retired with only one remaining promissory note on the Company's current debt schedule.