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Medical Marijuana Inc (OTCMKTS:MJNA) Posts Record Revenue In November 2017

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Medical Marijuana Inc (OTCMKTS:MJNA) posted that the firm has recorded the largest-ever revenue month in its history last month. Dr. Stuart Titus, the CEO, expressed that they have witnessed remarkable growth this year and surpassed their sales record in November. This yet again further illustrates the promising trajectory of the firm’s overall sales. He is assured that they are on track for their best ever revenue-generating year and strong momentum to carry forward into next year.

The details

Medical Marijuana recently posted 2017 third-quarter financial report demonstrating a gross revenue jump of more than 200% with last month being the third time the firm has surpassed their monthly sales record in 2017. Blake Schroeder, the Chief Operating Officer, expressed that the recent growth witnessed by the portfolio of firms is so thrilling and beyond expectations. Revenue has surged multiple times over the preceding 18 months with no indications of slowing down in coming period.

In unrelated news, Medical Marijuana reported that its subsidiary HempMeds® served as a Gold Sponsor for EXPO MEDE Weed event. It is the second global fair of Medical Cannabis, which was scheduled from November 24 to November 27, 2017, in Medellín, Colombia. This event is organized yearly to discuss the authenticity of medical cannabis internationally. As of now, in Colombia, non-psychotropic hemp is legal to cultivate only if it has less than 1% THC.

At the event, executives from Medical Marijuana portfolio of firms addressed to several doctors and patients about CBD and shared stories of past global successes in Brazil, Paraguay and Mexico. Speakers included Raul Elizalde and Dr. Stuart Titus.

Commenting on the event, Dr. Titus expressed that they are delighted to sponsor this international event and speak with global audiences about their products and the many advantages of CBD. They are working to launch HempMeds® in Colombia next year.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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