Medical Marijuana Inc (MJNA)

[R39838]

SAN DIEGO, Oct. 9, 2018 /PRNewswire/ -- Medical Marijuana, Inc. (MJNA), the first-ever publicly traded cannabis company in the United States, today announced that the company and its subsidiary Kannaway® have booked their largest-ever sales revenue quarter in their history in Q3 2018, as well as reached major milestones in their business operations.

Medical Marijuana, Inc. Q3 2018 sales booked exceeded $19 million, an increase of more than 145% over Q3 2017. Kannaway® Q3 2018 sales booked exceeded $16 million, an increase of more than 200% over Q3 2017.

The company experienced many accomplishments in Q3 including its 2018 revenue surpassing its total 2017 revenue in July 2018, signing an agreement with Canadian extraction and formulation company Salvation Botanicals, Ltd. to bring Medical Marijuana, Inc.'s products to Canada, and its subsidiary HempMeds® hiring a new company president.

"In Q3, we are proud to hav