{"id":5542,"date":"2015-05-07T09:13:45","date_gmt":"2015-05-07T09:13:45","guid":{"rendered":"\/?p=5542"},"modified":"2015-05-07T09:34:30","modified_gmt":"2015-05-07T09:34:30","slug":"medical-marijuana-inc-otcmktsmjna-logs-new-52-week-low","status":"publish","type":"post","link":"\/articles\/medical-marijuana-inc-otcmktsmjna-logs-new-52-week-low\/","title":{"rendered":"Medical Marijuana, Inc. (OTCMKTS:MJNA) Logs New 52-Week Low"},"content":{"rendered":"\n

To say that 2015 has not been favorable to Medical Marijuana, Inc. (OTCMKTS:MJNA<\/a>) would be an understatement. The company’s stock is about 45% down year to date. In yesterday’s session MJNA<\/a> carved yet another 52-week low, closing 5% down at $0.0745 per share.<\/p>\n

MJNA<\/a> has kept a low PR profile over the last few weeks. The company put up a flurry of releases on April 20 to celebrate the 420 holiday. However, this year none of the pot stocks managed to get a free boost just because of a number on the calendar.<\/p>\n

MJNA<\/a>’s due annual report is still missing, but that was more or less expected, considering the company’s track history with timely filings. There was a notification of late filing on March 30 – the regular deadline for the report. The extension granted by the notification expired more than three weeks ago, on April 13. The report is still missing, which explains why MJNA<\/a> is currently stamped with the “STOP” sign on OTC Markets and is labeled as “Pink No Information”.<\/p>\n

The company’s future reports would make for a more interesting read as those should contain figures coming from KannaWay – MJNA<\/a>’s latest acquisition, which is now practically the constant highlight of press releases.<\/p>\n

In previous articles we examined the rather tangled relationships that exist between KannaWay, MJNA<\/a>’s new CEO Stuart Titus and his General Hemp business. It seems having such an experienced pot sector businessman at the helm of MJNA<\/a> is not doing the company any favors so far.<\/p>\n","protected":false},"excerpt":{"rendered":"

To say that 2015 has not been favorable to Medical Marijuana, Inc. (OTCMKTS:MJNA) would be an understatement. The company’s stock is about 45% down year to date. In yesterday’s session MJNA carved yet another...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8],"class_list":["post-5542","post","type-post","status-publish","format-standard","hentry","category-news","tag-mjna"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=5542"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/5542\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=5542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=5542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=5542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}