Medical Marijuana Inc (OTCMKTS:MJNA) is a central brand in the cannabis patch. The stock has performed very well in this important year for the space. We’ve seen renewed strength in recent weeks with an extra pop late this past week as the company announced that its subsidiary company HempMeds has formed a new business in Chile. Additionally, as part of the company’s Latin American market expansion initiative, the company has begun importing their flagship product Real Scientific Hemp Oil (RSHO) to Argentina.
The chart shows 9% piled on for shareholders of the company during the past week. The situation may be worth watching. MJNA has a history of dramatic rallies. Moreover, the stock has witnessed a pop in interest, as transaction volume levels have recently pushed 18% beyond its prior sustained average level. Since we last covered the name, the stock has moved 9.5% higher.
Medical Marijuana Inc (OTCMKTS:MJNA) trumpets itself as