Medical Marijuana Inc. (OTCMKTS:MJNA)
Shares of Medical Marijuana Inc.(OTCMKTS:MJNA) fell 18.1% after the company’s subsidiary Kannaway LLC introduced SuperGreens – a powdered food supplement designed to provide the benefits of eating green vegetables. The unveiling of the new product comes a day after the subsidiary unveiled a full spectrum oil, Pure Gold, designed to provide all the benefits of hemp without the presence of THC.
Medical Marijuana Pipeline
Medical Marijuana Inc. (OTCMKTS:MJNA) underperformance continued in Wednesday’s trading session even as the company moved to strengthen its portfolio of cannabis products. The stock’s impressive run for the month is now at risk as it continues to trade lower. For the full year, the stock has shed more than 40% in market value after coming under immense selling pressure.
It awaits to be seen if the unveiling of new products will help strengthen investors’ confidence in the company’s long-term prospects. Kannaway’s new product, SuperGreens is formulated with more than 4 different super food and nutrient-dense ingredients. The product should provide users an easy way of getting the desired daily intake of vitamins, minerals, fiber among other nutrients.
“We are very pleased to be able to offer our many loyal customers the option to have a healthy meal on-the-go as an alternative to traditional fast food options,” said Kannaway CEO Blake Schroeder. “This product combines numerous benefits with the many other important nutrients needed to live a balanced life.”
Kannaway’s Pure Gold, on the other hand, is perfectly suited for people who are subject to drug tests. The product has been filtered to include non-existent levels of THC, thus creating the highest quality possible cannabinoid-dense CBD oil product.
Subscribe and Save Program
In a bid to accelerated sales, Medical Marijuana Inc. (OTCMKTS:MJNA) will be launching Subscribe and Save program. The program will allow customers to receive automatic shipments of their favorite products at a 20% discount every month. Customers will enjoy total control with options to cancel, pause or adjust their order as they find it suitable.
“We know that many of our customers rely on our CBD products every single day, and have for months or years,” said Medical Marijuana, Inc. CEO Dr. Titus. “With that in mind, we’re glad to bring them and all our customers a more convenient experience with this program, as well as a considerable discount.”
I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.
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