SureTrader
Nadex Advertisement
Interactive Brokers Advertisement
Home > Boards > US OTC > Cannabis > Medical Marijuana, Inc. (MJNA)

"MJNA" REPORTS NET 2016 REVENUE OF_$8,003,943!!!_http://finance.yahoo.com/ne

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Rat Fink Member Profile
Member Level 
Followed By 205
Posts 32,814
Boards Moderated 10
Alias Born 03/20/13
160x600 placeholder
Investment Options in the Multi-Billion Dollar Medical Marijuana Industry "NetworkNewsWire" - 7/26/2017 8:45:00 AM
PURA RALLY ALERT - Tech Trading Signals BULLISH - PPS Breaks $0.03 200 Day Moving Average "InvestorsHub NewsWire" - 7/20/2017 1:12:41 PM
5 Standout Legal Cannabis Companies Worthy of Consideration "NetworkNewsWire" - 7/20/2017 8:45:00 AM
PURA - American Bulls Issues BUY Recommendation - PPS Climbing On High Volume "InvestorsHub NewsWire" - 7/12/2017 2:15:12 PM
CBD Based Products Fueling Cannabis Industry Revival "InvestorsHub NewsWire" - 6/27/2017 8:50:00 AM
PURA Upgraded To BULLISH Rating By BullishInvestor "InvestorsHub NewsWire" - 6/23/2017 10:03:51 AM
Diverse Opportunities Aplenty for Investors Interested in the Marijuana Market "NetworkNewsWire" - 6/22/2017 8:45:00 AM
Evolution of Marijuana Industry Creates Wealth of Opportunity for Companies with Foresight and Action "NetworkNewsWire" - 5/24/2017 8:45:00 AM
Marijuana Stocks Drive Corporate Value by Delivering Automation, Technology and Diverse Application "NetworkNewsWire" - 5/10/2017 8:45:00 AM
Revenues In Lucrative Legal Marijuana and CBD-Oil Markets Continue To Climb In Hand With Consumer Demand "InvestorsHub NewsWire" - 4/26/2017 9:30:00 AM
USMJ Leads Cannabis Penny Stock Sector With VERY BULLISH Rating Ahead of MJNA CBIS and HEMP "InvestorsHub NewsWire" - 4/25/2017 10:17:56 AM
Mixed Marijuana Messages from Trump Administration Make Diversification Imperative "NetworkNewsWire" - 3/22/2017 8:30:00 AM
“Greater Enforcement” of Federal Laws would have Mixed Impact in Cannabis Industry "NetworkNewsWire" - 3/1/2017 8:30:00 AM
The Tangential Opportunities of the Cannabis Industry "NetworkNewsWire" - 2/22/2017 8:30:00 AM
Marijuana Industry Pushing Toward Federal Acceptance, Expanded Research in 2017 "NetworkNewsWire" - 2/1/2017 8:30:00 AM
How the Trump Affect Could Boost the Environmental Sector "NetworkNewsWire" - 1/31/2017 8:30:00 AM
Cannabis Industry Sees Cautionary Optimism amid Trump Administration Uncertainty "NetworkNewsWire" - 1/25/2017 8:30:00 AM
Senate Banking Committee Could Pave the Way to a Bankable Marijuana Industry "NetworkNewsWire" - 1/11/2017 8:30:00 AM
Recent Recreational and Legal Marijuana Expansions Boost Cannabis Related Travel Experiences "InvestorsHub NewsWire" - 1/10/2017 11:16:29 AM
Marijuana Sector Remains One Of Markets Hottest Industry Behind Newest Products and Services "InvestorsHub NewsWire" - 11/16/2016 8:40:00 AM
Cannabis Stocks Display Robust Growth Through Innovation - New Marijuana Transport Packaging System Unveiled "InvestorsHub NewsWire" - 11/3/2016 8:30:00 AM
Industrial Hemp Operations Expansion Continues To Solidify Itself As An Agricultural Commodity As Reports Show Sales North Of "InvestorsHub NewsWire" - 8/23/2016 8:30:00 AM
PURA Near Term $0.15 PPS Potential In What Could Be An End Of Summer Rally "InvestorsHub NewsWire" - 8/10/2016 1:20:24 PM
Production Of Industrial Hemp to Dramatically Increase As Demand For Eco-Friendly Natural fiber Continues to Rise "InvestorsHub NewsWire" - 8/10/2016 8:45:00 AM
Sack Lunch Productions, Inc. (OTC Pink: SAKL) Reports $1.615 Million in Sales for July, Forecasts Spike in Q3 Revenue "InvestorsHub NewsWire" - 8/4/2016 8:15:00 AM
Rat Fink Member Level  Friday, 05/19/17 09:53:30 AM
Re: None
Post # of 208904 
"MJNA" REPORTS NET 2016 REVENUE OF_$8,003,943!!!_http://finance.yahoo.com/news/medical-marijuana-inc-reports-end-130000296.html

EXCERPT FROM PR AS FOLLOWS:

SAN DIEGO, May 2, 2017 /PRNewswire/ -- Medical Marijuana, Inc. (OTC PINK: MJNA), the first-ever publicly traded cannabis company in the United States, today announced financial results for the quarter and year ending December 31, 2016, and provided an overview of recent operational highlights. The Company continued to show strong growth throughout the year, as 2016 revenue increased quarter over quarter by 66% from Q1 to Q4 and Net Comprehensive Income increased to $171,387,975 which is 731% higher than 2015. The company had net revenue of $8,003,943 in 2016.

"As the No. 7 investor in Medical Marijuana, Inc., I'm proud to say we are on course for a historic 2017," Medical Marijuana, Inc. CEO Dr. Stuart Titus said. "From groundbreaking research conducted on the Company's products in Latin America during 2016, to substantial market cap growth by the Company's major investments and the development of new proprietary molecules and IP by portfolio companies, shareholders have a lot to be excited about."

Titus continued, "Medical Marijuana Inc. is a holding company with diversified assets that include nutraceutical sales divisions, as well as investments in early stage pharmaceutical development companies - all in the emerging cannabinoid space. We continue to believe in the future of the botanical as well as the pharmaceutical side - the growth in the Company's net assets in the past year only furthers our belief in our long term strategies to build shareholder value."

Medical Marijuana, Inc. had a positive year of growth in 2016, both with the Company's investments and wholly owned subsidiaries, including international expansion, new patent and trademark filings, sweeping new executive team appointments, new licensing agreements, and unprecedented developments in clinical research -- both for the Company's investment companies and flagship product Real Scientific Hemp Oil™ (RSHO™).

SOURCE: https://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=169811




"The stock market is a device for transferring money from the impatient to the patient" — Warren Buffett

"He that can have patience can have what he will" — Benjamin Franklin
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist