Medical Marijuana Stock (MJNA): Why The Price Surged

  • The stock price of Medical Marijuana Inc (OTC: MJNA) increased by 16.84% in the most recent trading session. This is why it happened.

The stock price of Medical Marijuana Inc (OTC: MJNA) – the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain – increased by 16.84% in the most recent trading session. Investors are responding positively to Medical Marijuana announcing that its subsidiary Kannaway Japan had its best revenue month in the company’s history in December 2021.

According to Research and Markets, the global CBD oil market is expected to hit $5.3 billion by 2025 with Asia-Pacific as one of the fastest-growing regions.

KEY QUOTE:

“As we start off 2022 stronger than ever, I’m very proud for finishing 2021 on a high note by achieving this milestone and broadening our reach. Sales in Japan continue to grow and we look forward to continued growth in the region.”

— Kannaway CEO Blake Schroeder

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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