Medical Marijuana, Inc. engages in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids. The company is headquartered in Vista, California. The company went IPO on 2004-06-21. The company operates in four divisions. Medical Marijuana, Inc. division operates its Website to maintain an online presence, provide corporate, investor relations and educational information and news relating to it and the cannabis industry. HempMeds division distributes products directly in the United States and through its subsidiaries internationally primarily in Mexico and Brazil. Its product is Real Scientific Hemp Oil (RSHO). RSHO is a full spectrum, complete CBD hemp oil, which contains the natural hemp oil in the industry. RSHO is offered in three varieties: Green, Blue and Gold. Kannaway is its direct selling division, which sells its CBD products in United States, Europe and Asia. Its manufacturing facility division provides small-to-large scale Research & Development, Kitting, and others.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenue
18
75
59
26
8
9
Revenue Growth (YoY)
-69%
27%
127%
225%
-11%
-36%
Cost of Revenue
6
17
19
8
3
3
Gross Profit
12
57
40
18
4
5
Selling, General & Admin
14
54
48
22
8
8
Research & Development
0
0
0
--
--
--
Operating Expenses
14
54
48
23
9
8
Other Non Operating Income (Expenses)
2
0
-1
0
0
127
Pretax Income
10
84
-202
-142
-25
25
Income Tax Expense
--
--
--
--
--
--
Net Income
10
84
-202
-148
-25
25
Net Income Growth
25%
-142%
36%
492%
-200%
-725%
Shares Outstanding (Diluted)
4,357.24
3,648.44
3,562.2
3,270.66
3,125.19
1,858.85
Shares Change (YoY)
13%
2%
9%
5%
68%
4%
EPS (Diluted)
0
0.02
-0.06
-0.04
-0.01
0.01
EPS Growth
-100%
-133%
50%
300%
-200%
--
Free Cash Flow
93
86
-198
-155
-19
13
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
66.66%
76%
67.79%
69.23%
50%
55.55%
Operating Margin
-5.55%
4%
-13.55%
-15.38%
-50%
-33.33%
Profit Margin
55.55%
112%
-342.37%
-569.23%
-312.5%
277.77%
Free Cash Flow Margin
516.66%
114.66%
-335.59%
-596.15%
-237.5%
144.44%
EBITDA
--
--
-8
-4
-4
-3
EBITDA Margin
--
--
-13.55%
-15.38%
-50%
-33.33%
D&A For EBITDA
--
--
0
0
0
0
EBIT
-1
3
-8
-4
-4
-3
EBIT Margin
-5.55%
4%
-13.55%
-15.38%
-50%
-33.33%
Effective Tax Rate
--
--
--
--
--
--
Follow-Up Questions
What are Medical Marijuana Inc's key financial statements?
According to the latest financial statement (Form-10K), Medical Marijuana Inc has a total asset of $179, Net profit of $84
What are the key financial ratios for MJNA?
Medical Marijuana Inc's Current ratio is 7.78, has a Net margin is 112, sales per share of $0.02.
How is Medical Marijuana Inc's revenue broken down by segment or geography?
Medical Marijuana Inc largest revenue segment is Hemp Oil, at a revenue of 16,810,846 in the most earnings release.For geography, United States is the primary market for Medical Marijuana Inc, at a revenue of 16,810,846.
Is Medical Marijuana Inc profitable?
yes, according to the latest financial statements, Medical Marijuana Inc has a net profit of $84
Does Medical Marijuana Inc have any liabilities?
yes, Medical Marijuana Inc has liability of 23
How many outstanding shares for Medical Marijuana Inc?
Medical Marijuana Inc has a total outstanding shares of 3,648.4