Medical marijuana stocks are very speculative right now as companies are having trouble passing some legal boundaries. Laguna Blends (LAGBF) and Medical Marijuana Inc. (MJNA) are two publicly-traded medical marijuana stocks with good future prospects. Both LAFBF and MJNA are companies that exhibit what the future of the industry holds.
Laguna Blends (LAGBF): Growing Portfolio & Proven Strategy — CFN Media SEATTLE, WA–(Marketwired – Dec 13, 2016) – CFN Media Group (“CannabisFN”), the leading creative agency and digital media network dedicated to legal cannabis, today announced the publication of an article detailing Laguna Blends Inc.
Laguna Blends has built a strong portfolio of science-backed products that target unique segments of the hemp and CBD industry.
Another intriguing medical marijuana stock is Medical Marijuana Inc. (MJNA). MJNA is a holding company for many innovative brands across all parts of the marijuana industry. They look to increase knowledge in the community while delivering products that can benefit the industry and consumers. With a great staff of marijuana industry professionals and pure leaders, Medical Marijuana Inc. follows all of the philosophies of good business.
Medical Marijuana (MJNA) Capitalizes on the $450 Million CBD Market — CFN Media SEATTLE, WA–(Marketwired – Dec 14, 2016) – CFN Media Group, the leading creative agency and digital media network dedicated to legal cannabis, announces the publication of an article covering Medical Marijuana Inc.
Medical Marijuana Inc. is building a global footprint in the CBD industry
Medical marijuana investing is going to become a strong option as the market continues to take off. MJNA and LAGBF are just a couple of the many cannabis companies that will grow alongside the rise of the marijuana industry. The election has worried some investors, but companies like MJNA are creating optimism. Industry experts claim that the campaign to legalization has too much momentum to be halted by a Trump administration.
Investors apparently aren’t too worried about marijuana hating attorney general nominee Jeff Sessions. Greiper said, “We have not seen a slow down in deal flow since Sessions name came up and we have not seen a slow down in investing.”
They also expect to see more professional investors enter the space like small private equity and venture capital groups. “We do foresee more consolidation in the industry,” said Greiper. “I believe the biggest strategic acquirer will be Scott’s Miracle-Gro Co. They just announced another small acquisition. They just keep buying up small local hydroponic stores.”
While the market is on edge about the new administration, Scott feels that the industry has already reached the tipping point of legalization. Such a move would open the flood gates to even more investments that the billion dollars for 2016.