SAN DIEGO, May 2, 2017 /CNW/ –Â Medical Marijuana, Inc. (OTC PINK: MJNA), the first-ever publicly traded cannabis company in the United States, today announced financial results for the quarter and year ending December 31, 2016, and provided an overview of recent operational highlights. The Company continued to show strong growth throughout the year, as 2016 revenue increased quarter over quarter by 66% from Q1 to Q4 and Net Comprehensive Income increased to $171,387,975 which is 731% higher than 2015. The company had net revenue of $8,003,943 in 2016.
“As the No. 7 investor in Medical Marijuana, Inc., I’m proud to say we are on course for a historic 2017,” Medical Marijuana, Inc. CEO Dr. Stuart Titus said. “From groundbreaking research conducted on the Company’s products in Latin America during 2016, to substantial market cap growth by the Company’s major investments
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