Thursday, November 24, 2016 4:22:45 AM
Medical Marijuana Inc. (MJNA) The target of a massive pump and dump scheme that prompted the Financial Industry Regulatory Authority to warn investors in August to beware their own reefer madness, the San Diego, Calif., company offers anti-aging cannabinoid oil products in all 50 states and is a minority shareholder of spin-off company CannaVest (see above). It reported revenue of just over $600,000 last quarter, does not file with the SEC and may soon be battling a lawsuit that recently alleged potential fraud. On the bright side, it’s in the market for “celebrity, medical doctor and industry endorsements.” So if you’re a celebrity, give them a buzz.
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