Welcome, readers, to the first installment in a series of company profiles that you can invest in marijuana with in the stock market. If you didn’t catch the list of companies I came up with that are all related directly to the cannabis industry and are available to publicly trade, you can see it here: How to Invest in Marijuana. The first company we are going to take a look at was the first publicly traded company to specialize in the field of medical marijuana, Medical Marijuana Inc. Medical Marijuana Inc. was founded in 2009 with one goal: “to be the premier cannabis and hemp industry innovators”, which they have done quite well in just five short years. They have rapidly grown their portfolio with many related subsidiary companies such as:
canchew – A US Gov’t patented all-natural chewing gum which helps heal worn and painful gums by providing the health benefits of cannabidiol (CBD) found in hemp. CanChew Biotechnologies – which focuses on the research and patenting of the canchew line of chewing gum. They are also currently working on a clinical strength version called MedChewRX. Canipa Holdings – which is attempting to grow and expand Medical Marijuana Inc.’s horizons to European countries and other parts of the world. HempMedsPX – produces a vast array of healthcare and wellness products which utilize cannabidiol benefits, which works wonders on aging, immunity, and quality of life. Their products are currently distributed in 12 countries, including the United States, worldwide. KannaLife Sciences – an established bio-pharmaceutical and phyto-medical technology development company. They are actively involved in the development and research of therapeutic formulas to be used as a assistant to transport-type cells in the bloodstream. Red Dice Holdings, LLC – they own the patented formulas, equipment, and extraction processes used for hemp oil extraction, which is then used in their wide array of products and product lines. They continue to develop new technologies and license equipment to various production locations around the world. PhytoSPHERE Systems, LLC – A hemp-based biotechnology company that works to develop and utilize equipment for growing hemp, extracting hemp oil and CBD from hemp, and packaging these products for ease and efficiency of deliver to other pharmaceutical and neutraceutical companies that use CBD and hemp oil in their products. Wellness Managed Services – provides a vast array of clinically used health and wellness products and services. They provide not only the products to consumers, but proper facilities as well. The wide assortment of companies acquired by Medical Marijuana Inc. in their short time since business opened its doors suggests that they are here to stay, to expand, and to truly try to benefit all alternative healthcare and wellness sectors, with there focus remaining in Cannabis-based products. You can get more information on this company at their official website: Medical Marijuana Inc. For a live stock quote from Google Finance: Medical Marijuana Inc. (Ticker symbol: MJNA) Check back for our future installments, and other posts pertaining to the Hemp industry, including its healthcare and wellness benefits, environmental impact, and many other uses. *I am in no way affiliated with and do not work for Medical Marijuana Inc. or any of its subsidiary companies. This article is meant to be informational and/or used for educational purposes.