Last $0.22 USD
Change Today +0.037 / 20.79%
Volume 16.3M
MJNA On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

medical marijuana inc (MJNA) Snapshot

Open
$0.18
Previous Close
$0.18
Day High
$0.22
Day Low
$0.18
52 Week High
01/28/14 - $0.48
52 Week Low
11/26/13 - $0.09
Market Cap
126.5M
Average Volume 10 Days
13.6M
EPS TTM
--
Shares Outstanding
588.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MEDICAL MARIJUANA INC (MJNA)

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medical marijuana inc (MJNA) Details

Medical Marijuana, Inc. operates in the medical marijuana and industrial hemp markets. Its products range from patented and proprietary based cannabinoid products to seed and stalk or isolated high value extracts manufactured and formulated for the pharmaceutical, nutraceutical, and cosmeceutical industries. The company’s services include development of cannabinoid based health and wellness products; and development of medical grade compounds; and licensing of proprietary testing, genetics, labeling and packaging, tracking, production, and standardization methods for the medicinal herb industry. It also offers pre-and-post production tracking, gemplasm references, and packaging and processing services. Medical Marijuana, Inc. is based in San Diego, California.

46 Employees
Last Reported Date: 03/28/14

medical marijuana inc (MJNA) Top Compensated Officers

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Executives, Board Directors

medical marijuana inc (MJNA) Key Developments

Medical Marijuana Inc. Announces its Newest Subsidiary, aNew Chocolate, LLC

Medical Marijuana Inc. announced its newest subsidiary, aNew Chocolate, LLC, that manufactures the world's first cannabidiol (CBD)-rich hemp oil-infused chocolate bars. The first aNew Chocolate product will be unveiled at the High Times U.S. Cannabis Cup in Denver, Colorado April 19-20 at the Denver Merchandise Mart located at 451 East 58th Ave. Denver, CO 80216.

Medical Marijuana Inc. and LiveWire Ergogenics Inc. Launch HempWire, LLC

Medical Marijuana, Inc. completed the joint venture with Livewire Ergogenics, Inc. under the name of HempWire, LLC ("HempWire"). The joint venture agreement stipulates that Medical Marijuana Inc. and LiveWire Ergogenics ("LiveWire") will equally split the net profits (50/50) from all cannabidiol (CBD)-rich hemp oil functional food sales distributed through HempWire. Market research indicates that the worldwide market for functional food is valued at $221.58 billion in 2014. Product development will be implemented by HempMedsPX(TM), a corporate portfolio company of Medical Marijuana, Inc. and the contracted marketing company that distributes non-psychoactive cannabidiol (CBD)-rich hemp oil products nationwide. LiveWire will purchase CBD-rich hemp oil from HempMedsPX(TM), then manufacture and package CBD-rich hemp oil-infused functional energy squares--a popular functional food format with a taffy-like consistency. HempWire will distribute these--and other new products to come--through both LiveWire's and Medical Marijuana Inc.'s network of retailers, resellers, wholesalers and distributors.

Medical Marijuana, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2013

Medical Marijuana, Inc. reported earnings results for the fourth quarter ended December 31, 2013. The company earned a net income of approximately $5.2 million on gross income of approximately $8.4 million, derived from sales and the final quarterly PhytoSPHERE payment.

 

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MJNA:US $0.22 USD +0.037

MJNA Competitors

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Cannabis Science Inc $0.11 USD +0.0009
Nuvilex Inc $0.35 USD +0.074
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Industry Analysis

MJNA

Industry Average

Valuation MJNA Industry Range
Price/Earnings 8.3x
Price/Sales 40.3x
Price/Book 4.5x
Price/Cash Flow 8.3x
TEV/Sales 33.9x
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