Based in California, USA, Medical Marijuana Inc. (OTC:MJNA) is a holdings company. Its subsidiaries make and sell a range of hemp-based products. At a price of just $0.07 a share, MNJA stock could offer prime investment for buyers who want a piece of the cannabis market, but don't want too much risk.
MNJA Stock and Popular Brands
Capitalizing on the expanding CBD market, Medical Marijuana's subsidiaries are pushing out new products fast. It would be surprising if this didn't reflect on MNJA stock in the weeks to come.
Its Kannaway brand has released its new hemp-based CBD, The Kannaway Pure Liquid Flavored Trio.
Similarly, one of its key brands, HempMeds, has re-released two of its most popular hemp oils but in smaller 2-ounce sizes: Real Scientific Hemp Oil (RSHO) Green Label and RSHO Gold Label.
As HempMeds President Todd Morrow puts it:
"After experiencing tremendous success with our 4-ounce and 8-ounce liquid hemp oil products, we are thrilled to announce the release of our new 2-ounce version."
The smaller sized products are to allow first-time users a 'taste' of CBD oil and to test out what suits their needs. It's a clever idea.
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As the CBD market becomes increasingly more popular, catering to first-time users is a strategic move.
Interestingly HempMeds was the first company to bring hemp-based CBD oil products to the American market. The company has also extended its footprint into Brazil this month, with the opening of a new HempMeds Brazil office in Sao Paulo.
MNJA Stock and Medical Marijuana Inc.
Medical Marijuana Inc is in a positive position to truly capitalize on an expanding CBD oils market. The company, quite simply, has a bevy of fast-moving and successful hemp-based brands under its umbrella. It can't be long before MNJA stock reflects this type of momentum. At $0.07 per share, it's at a very tempting price.
Featured Image: Depositphotos/© alphaspirit
