Why is mjna going down

One of the top things a potential investor in any stock probably wants to know is how its performed. Shares of Medical Marijuana have performed poorly over the short and long terms. Its main focus is also on making products from hemp-derived CBD, it's also a U. It's growing revenue faster, it's profitable, and there appear to be no liquidity concerns.

Canopy Growth -- the largest cannabis stock by market cap -- is on track to be a good way to get exposure to the hemp-derived CBD market in the U. The Canada-based cannabis grower began positioning itself to profit from the legalization of hemp in the U. Indeed, on Jan. Check out the latest Canopy Growth earnings call transcript. CV Sciences' currently profitable business could suffer as deep-pocketed, bigger competitors such as Canopy enter its turf, and there's no guarantee Canopy will ever achieve profitability.

Discounted offers are only available to new members. Stock Advisor will renew at the then current list price. Average returns of all recommendations since inception. Cost basis and return based on previous market day close. Investing Best Accounts. Stock Market Basics. Medical Marijuana, Inc.

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 st Read more.

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. Get The StockInvest. Us Newsletter. Full report by. Toggle navigation. Toggle menubar. Sign in with Google Sign in with Facebook.

Remember Me. Let's make money! Subscribed already? Log in. Create an account. Score: 0. Which way will MJNA go? In fact, the success was so remarkable that the study made headlines in Mexico, thus piquing the interest of local doctors.

Medical Marijuana, Inc in fact, manages its local and international presence through these subsidiaries. The company primarily distributes its products within the U. As for MJNA stock, it has already delivered impressive returns in just one year. The stock has more than doubled in this period and has maintained its momentum, despite facing some speed bumps through the end of Chart courtesy of StockCharts. Marijuana stocks are on a tear for a good reason. The marijuana industry outlook seems very promising.

But not all marijuana stocks are worth betting on. Marijuana penny stocks are particularly fraught with risk. OTC stocks are much less transparent than exchange-traded stocks. This makes Medical Marijuana stock a risky wager. Nonetheless, I take MJNA stock as a top marijuana penny stock in for its high growth potential in the coming years. You can unsubscribe at any time.