News & Research
|Medical Marijuana Inc.|
|mjna (OTC Markets)||7/1/2015 1:29pm|
|High||0.07||52 Week Range||0.06 - 0.22|
|Low||0.06||Days Range||0.06 - 0.07|
|Volume||674330||Market Cap (real-time)||N/A|
Source Yahoo Finance
Note: The stock price performance shown on the quote above is not necessarily
indicative of future price performance. Minimum 20 minutes delayed
The current value of the legal marijuana market, which grew 74% in 2014. In 2015 the legal marijuana market is projected to grow by another 32%.
The projected value of US retail sales resulting from full legalization. This represents a 1,262% increase over 2014 wholesale and retail sales.
States that have already legalized medical marijuana. 11 more have pending legislation in 2015.
The US imports $620M in hemp products each year. With the passing of the 2014 Farm Bill, Americans can grow limited quantities of hemp for the first time in 77 years. Politicians of both parties, including the Koch Brothers, Rick Perry, Kofi Annan, Jeb Bush, Barack Obama and Nancy Pelosi support marijuana law reform.
17 million people already live in states where recreational marijuana is legal. Based on legalization projections, this number is expected to increase to 86 million – over 25% of the US population – by 2017.
For the first time in history, a the majority of americans support marijuana legalization. According to Pew Research, 52% of Americans support legalization, an increase of 11%