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This Year’s 5 Hottest Marijuana Stocks

Marijuana mania has given investors a slightly lofty view of these stocks. Which ones are based in a little reality?

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Medical Marijuana (MJNA)

marijuana-stocks-mjnaYTD Gain for MJNA: 112%

Medical Marijuana (MJNA) — the owner of a handful of related cannabis companies including CanChew (cannabis gum) and PhytoSphere Systems (cannabinoid supplier) — might not be the biggest name among marijuana stocks, but it’s still playing the of poster child for the industry.

Indeed, its HempMedsPX subsidiary has been a publicity machine of late, sponsoring a couple of key industry associations, being featured on a San Diego news program, and unveiling a new CBD-rich hemp oil at the Natural Products Expo last weekend.

Moreover, it wasn’t that long ago that Medical Marijuana launched the industry’s first armored transportation service, and inked a deal with a home-based business organization that is allegedly going to yield an order for more than $1 million worth of hemp oil product.

Point being, MJNA has talked the talk of late. Let’s now just hope it can walk the walk. It’s going to take a lot more than $1 million worth of hemp oil sales to justify the market cap of $310 million.

Article printed from InvestorPlace Media,

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