Home / Health care / Riding High? Or Just a Puff of Smoke? A Closer Look at Medical Marijuana Inc. — The Motley Fool according to : Fool
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Riding High? Or Just a Puff of Smoke? A Closer Look at Medical Marijuana Inc. — The Motley Fool according to : Fool

referring to Overview of the businessThe first things investors should know about medical Marijuana Inc. is that the company doesn’t actually manufacture and distribute medical marijuana.
Rather than manage this all under a single company, medical Marijuana Inc. operates through its 8 partially or wholly owned subsidiaries:1.
medical Marijuana Inc. NASDAQOTH:MJNA) Shareholders of, a company traded over-the-counter, have had a stellar year.
In total, Medical Marijuana made around $2.2 million in sales and had a net loss of $3.8 million for the quarter.
As the company itself says in its SEC filings, “The Company is not in the business of selling or dispensing either recreational or medical marijuana, directly or indirectly, so long as marijuana remains a federally controlled substance.”

Riding High? Or Just a Puff of Smoke? A Closer Look at Medical Marijuana Inc. -- The Motley Fool

As it stated in Family members say Summer Waltman was born with fetal alcohol syndrome and has suffered heart complications for years.
A 2015 state law prohibits discrimination against medical cannabis patients in the organ transplant process, but the doctor has the final say determining if a patient’s cannabis use mixed with other factors could impact a transplant.
“She didn’t ask for all of that,” said Babcock, “she just wanted to be a normal person.”Her cousin, Andrew Babcock says when she was 6, Waltman had heart surgery.
Waltman uses medical marijuana for pain management and comfort.
There are very strict criteria to qualify for specialized heart procedures”“She’s got a great spirit and wants to live,” said Barbara Babcock.

McKeesport Approves Medical Marijuana Venture « CBS Pittsburgh

As it stated in McKEESPORT (KDKA) — Hard times hit McKeesport when the mills closed, but now the struggling Mon Valley city may be trading in steel for marijuana.
On Friday, the city planning commission approved a proposal to turn a vacant industrial site on the Mon into a growing and processing site for medical marijuana.
The state is accepting applications from potential growers and distributors, and the project – by a group called PurePenn – must get local approvals first.
But PurePenn believes McKeesport is a perfect spot.
KDKA’s Andy Sheehan: “A bit of a departure from steel to pot?”“Well, times have changed from those days,” said the Planning Commission’s Albert Tedesco.

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