Medical Marijuana Inc Fails to Delight Investors

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Medical Marijuana Inc Fails To Delight Investors

Unsplash / Public Domain / Mitch Nielsen

In the last trading session, the stock price of Medical Marijuana Inc (OTCMKTS:MJNA) declined more than 8% to close the day at $0.112. The decline came at a share volume of 24.74 million compared to average share volume of 17.32 million.

According to a new report released by New Frontier Data, the legalized cannabis market was estimated at $7.2 billion in 2016 and is predicted to advance at a compound yearly growth rate of 17%.

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