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Last $0.07 USD
Change Today +0.003 / 4.69%
Volume 3.7M
MJNA On Other Exchanges
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

medical marijuana inc (MJNA) Snapshot

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Day High
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52 Week High
07/10/14 - $0.22
52 Week Low
05/14/15 - $0.06
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Current Stock Chart for MEDICAL MARIJUANA INC (MJNA)

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medical marijuana inc (MJNA) Details

Medical Marijuana, Inc., an investment holding company, 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 licenses its proprietary testing, genetics, labeling and packaging, tracking, production, and standardization methods for the medicinal cannabinoid industry. It engages in the research and development of cannabinoid-based pharmaceuticals; and marketing and distribution of cannabidiol hemp oil-based products. In addition, the company provides management support and services to cooperatives, collectives, health and wellness facilities, and medical clinics; and consulting and securities services to businesses and individuals in the legal cannabis industry. Further, it focuses on the treatment of pain and other medical disorders with the application of chewing gum-based cannabis/cannabinoid medical products. Medical Marijuana, Inc. was incorporated in 2003 and is headquartered in Poway, California.

46 Employees
Last Reported Date: 05/12/15
Founded in 2003

medical marijuana inc (MJNA) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

medical marijuana inc (MJNA) Key Developments

Medical Marijuana, Inc. Announces Consolidated Sales Results for the Year 2014

Medical Marijuana, Inc. announced consolidated sales results for the year 2014. Overall consolidated product sales income of $14,522,892 compared to $5,059,924 for the year ending 2013.

Medical Marijuana, Inc. Announces Executive and Management Changes

Medical Marijuana, Inc. announced the appointment of cannabis industry veteran and finance expert Dr. Stuart Titus as President and Chief Executive Officer, along with the appointment of four new members of the Board of Directors. In addition to his officer role, Dr. Titus was appointed as a Member of the Board of Directors. Dr. Stuart Titus, Ph.D., is an industry icon and innovator, having been involved in all aspects of the medical marijuana and industrial hemp industries, Dr. Titus was the number seven investor in Medical Marijuana, Inc., having invested in its seed financing. Dr. Titus has been involved in the development and investment of several cannabis and industrial hemp businesses. Dr. Titus is the co-founder and President of General Hemp, LLC which with Titus at the helm has managed the emergence and growth of several other companies, including CannaVest, KannaLife Sciences Inc. (Board Member) and KannaWAY. Dr. Titus' expertise in finance was forged on Wall Street, where he worked as a bond trader for 11 years, managing a trading and underwriting department as a V.P. for CS First Boston Corp. Robert L. Cunningham, Member, Board of Directors: Robert "Bob" Cunningham has over 40 years of executive management experience in financial services and venture capital. He currently is CEO of Preferred Dealer Programs (PDP), a venture-funded partnership with Crosscheck Inc. Prior to joining PDP, Mr. Cunningham was the founding partner in Placer Financial Group. Chris Prine, Member, Board of Directors: Chris Prine has been CEO of Prines Lines since 1994, which acts as a manufacturers' representative for five U.S. furniture-manufacturing companies with distribution worldwide. Mr. Prine has an intrinsic understanding for the world of manufacturing and distribution. From 1988 to 1994, Mr. Prine served as Marketing Director for the Cleator Corporation, an office furniture manufacturer. Dr. Timothy R. Scott, Ph.D. Member, Board of Directors: Dr. Timothy Scott brings years of public and private enterprise board-level management experience. Dr. Scott served on the Board of Directors of NatureWell Incorporated, a publicly traded company engaged in the nutraceutical and homeopathic drug industry from September 2001 to May 2008. From April 1998 to June 2000, Dr. Scott served as a member of the Board of Directors of ICH Corporation and as a member of ICH's compensation committee.

Medical Marijuana, Inc. Reports Revenue Results for the Second Quarter of 2014

Medical Marijuana, Inc. reported revenue results for the second quarter of 2014. For the period, the company reported product sales revenues of $4,821,741 compared to $4,017,774 for the prior quarter.


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Valuation MJNA Industry Range
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Price/Sales 8.2x
Price/Book 0.9x
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TEV/Sales 6.3x

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