Medical Marijuana, Inc. (MJNA.PK) operates in the medical marijuana and industrial hemp markets. Its products range from patented and proprietary based cannabinoid products, to whole plant or isolated high value extracts specifically manufactured and formulated for the pharmaceutical, nutraceutical, and cosmeceutical industries. The company also offers services, including development of cannabinoid based health and wellness products, and medical grade compounds.
The debate over whether to legalize medical marijuana has become of the hot button issues across the United States. It seems as if everyone has an opinion on it these days and some companies are hoping to eventually put themselves in prime position to take advantage of a potential federal legalization. Medical Marijuana is one such company.
MJNA has had an incredible start to 2013. It started off the year at about 10 cents per share and currently trades at 34 cents per share. This is due to the hope that further legalization will soon be coming.
MJNA is certainly a stock to keep an eye on in the future.