Medical Marijuana, Inc.
holding company
Medical Marijuana, Inc. (traded over the counter as MJNA) is a holding company with subsidiaries that make and sell a range of hemp-based products.
History
The company operated at a loss for 2011 and 2012, and made money for the first time in 2013 on the basis of a single contract signed by one of its subsidiaries. In 2013, MMI and CannaVEST, an exchange-traded fund, each invested in a company called Kannalife Sciences Inc. Kannalife was founded to commercialize inventions made at the NIH concerning methods to use cannabidiol as a neuroprotectant. As of 2016, Kannalife was working on novel analogs of CBD that are more drug-like than CBD.
In the fall of 2014, the company filed a lawsuit against Project CBD and Stewart Environmental Labs to dispute a report of “significant levels of toxic solvents” in the hemp oil offered by one of their subsidiaries. Stewart Environmental settled with the company, but Project CBD filed an anti-SLAPP motion in May 2015.
In 2014, MMI reported that it was under investigation by the SEC; the Financial Industry Regulatory Authority warned investors that year about penny stock scams in the marijuana industry. In 2015 a report in Forbes laid out relationships among CannaVEST, money taken in by the real estate Ponzi scheme run by Llamas, Stuart Titus and the private equity firm General Hemp that he ran, and one of MMI's subsidiaries called PhytoSphere.
In 2015 the company hired Titus as CEO after having an interim CEO since Llamas' departure.
“Medical Marijuana, Inc.” enters the record as holding company. Crown Archives preserves that source wording while asking what Medical, Marijuana and holding can confirm, complicate or overturn.
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“Medical Marijuana, Inc.” is worth following because a concise public description often conceals a longer documentary argument. Here, Medical, Marijuana and holding provides the most credible route into that argument.
Contemporary correspondence, administrative files and participant testimony can test how later narratives organized the event or institution. The source revision retrieved here is dated Jun 16, 2026. The linked authority identifier is Q19647965. 1 of 1 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank. The first chronological checks are 2011, 2012, 2013 and 2016.
Later summaries often reconcile disputed chronology or motive more neatly than the contemporary record permits. The source lead contains qualifying language; that uncertainty should survive quotation, summary and reuse. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
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This entry incorporates text from “Medical Marijuana, Inc.” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.