Medical Marijuana (MJNA) Stock Price & Analysis

MJNA Stock Chart & Stats

$0.00$0.00(100.00%)

At close: Jul 29 3:58 PM EDT

Day’s Range: $0.01 - $0.01
52-Week Range: $0.01 - $0.03
Previous Close: $0.01
Volume: 6.78M
Average Volume (3M): 6.90M
Market Cap: $2.06M
Enterprise Value: $2.90T
Total Cash (Recent Filing): $698.87K
Total Debt (Recent Filing): $3.13M
Price to Earnings (P/E): ―
Beta: -1.66
Next Earnings: N/A
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Strong Equity Base

A strong equity base provides financial stability and can support long-term growth initiatives, reducing reliance on external debt.

Positive Free Cash Flow

Positive free cash flow indicates the company's ability to generate cash from operations, which can be reinvested for growth or used to reduce debt.

Product Innovation

Investment in R&D for product innovation can lead to increased market share and sales, enhancing competitive positioning in the growing CBD market.

Bears Say

Declining Revenue

Consistent revenue decline suggests challenges in market demand or competitive positioning, potentially impacting long-term financial health.

Operational Inefficiencies

Negative margins highlight inefficiencies in operations, which can erode profitability and hinder the company's ability to invest in growth.

Debt Levels

Rising debt levels can strain financial resources, limiting flexibility and increasing vulnerability to economic downturns.

MJNA FAQ

What was Medical Marijuana’s price range in the past 12 months?

Medical Marijuana lowest stock price was $0.01 and its highest was $0.03 in the past 12 months.

What is Medical Marijuana’s market cap?

Medical Marijuana’s market cap is $2.06M.

When is Medical Marijuana’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Medical Marijuana’s earnings last quarter?

Medical Marijuana released its earnings results on May 22, 2024. The company reported $0 earnings per share for the quarter.

Is Medical Marijuana overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Medical Marijuana pay dividends?

Medical Marijuana does not currently pay dividends.

What is Medical Marijuana’s EPS estimate?

Medical Marijuana’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Medical Marijuana have?

Medical Marijuana has 10,282,333,000 shares outstanding.

What happened to Medical Marijuana’s price movement after its last earnings report?

Medical Marijuana reported an EPS of $0 in its last earnings report. Following the earnings report the stock price went same ―.

Which hedge fund is a major shareholder of Medical Marijuana?

Currently, no hedge funds are holding shares in MJNA

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description