Medical Marijuana (OTCPK:MJNA +2.1%) reports Q1 revenue growth of more than 190% Y/Y exceeding $10.5M.
Total gross profits for the quarter increased more than 30% to $3.3M.
Wholly-owned subsidiary Kannaway revenues increased more than 325% to $7.5M.
“In Q1 2018, we had the best revenue quarter in the history of our Company,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “We’re excited that, with the help of our investors, spokespeople and customers, we’ve experienced tremendous growth and the company is positioned well for continued explosive expansion.”