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07 cents per share and has a market cap of $55 million. The Company engages in the creation of cannabis-based medicines to treats disease and the symptoms of disease, as well as for general health maintenance.ĬBIS currently is trading at. The Company is engaged in medical marijuana research and development. (OTC: CBIS), is a development-stage company. In the latest quarter, MJNA reported an upswing of net profit of $3.23M, and notwithstanding yet another round of market capitalization ($2.35M), the company suffered net-negative cash flow (-$1.27M), reducing overall cash-on-hand to $1.42M.Ĭannabis Science, Inc. With a current market cap of around $300 million (fluctuates as the stock moves up and down), MJNA currently has the largest market cap out there of the marijuana stocks. Medical Marijuana, Inc., through its subsidiaries, is looking to position itself in the MMJ market as the de-facto standard when it comes to seed-to-shelf product development and cannabinoid-based medical alternatives: according to their site, MJNA are currently in the process of implementing a strategy focused on the production of anti-cancer pharmaceuticals and analgesics. Its five featured companies under its control: Phytosphere Systems, Red Dice Holdings, HempMeds, Wellness Managed Services and Can Chew Bio Technologies. (OTC: MJNA) is a holding company that consists of a variety of marijuana and hemp businesses. Lets take a look at 5 marijuana stocks that offers investors to profit off of the legalization of marijuana. The majority of these companies are small/micro-cap, very volatile marijuana stocks. The companies range from pharmacological research to holding companies with subsidiaries spanning a variety of products and services of the cannabis trade. For those not directly in the marijuana industry, the next best way is to invest in marijuana stocks.Ĭurrently, from what I know of there are 16 publicly traded companies that are in someway involved in the marijuana industry.
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#MICRO CAP STOCKS TO WATCH 2016 HOW TO#
If marijuana gets legalized in more states, one might wonder how to profit from the upcoming marijuana boom. There is a variety of politicians, organizations and voters in many states which are strongly in favor of the legalization of marijuana. Marijuana stocks could be huge in the next few years, as efforts to legalize it in more states continue. Many investors have been very interested in this industry and looking at ways to profit from it, which is in its beginnings. With the legalization of marijuana in two states (Colorado and Washington) and possibly more to follow in the coming years, marijuana stocks have become a very hot topic for investors lately. While there isn’t any major companies that trade on the big boards (NASDAQ, NYSE), there is a variety of marijuana stocks that trade over-the-counter at penny stock levels. The regulated marijuana industry is in its infancy.