Published On: Wed, Oct 26th, 2016

Focus Shifts On Pot Firms: Medical Marijuana Inc (OTCMKTS:MJNA), General Cannabis Corp(OTCMKTS:CANN), Marijuana Company Of America Inc. (OTCMKTS:MCOA), Marijuana Company Of America Inc (OTCMKTS:MCOA), Cannabis Sativa Inc.(OTCMKTS:CBDS)

Marijuana industry is a market for only the boldest investors. However, some of the cannabis industry firms have witnessed noteworthy gains this year, no doubt fueled by the ongoing movement to legalize the marijuana and cannabis use. Let us have a look at the latest updates from the five leading marijuana firms.

Medical Marijuana Inc (OTCMKTS:MJNA) has entered into a partnership with CannaNative™, LLC to grow cannabis, manufacture the hemp oil products and advance economic prospects on native lands in the U.S. CannaNative™ is the Native American-owned firm that uses cannabis to endorse economic growth on native lands. The firm was also highlighted in reports from Time.com, Forbes and Reuters.

The second firm talked about is Cannabis Science Inc (OTCMKTS:CBIS), which recently announced that the company’s products are now available on shelves in legal dispensaries within California. Raymond C. Dabney, the CEO said that they are delighted to report MedMen is the first of several dispensaries in Southern California to obtain firm’s unique product line named ‘When Nature Meets Science’. MedMen for now has the CBIS Healing Balm, the CBIS Tincture and the Solace Drops.

Next company in line is General Cannabis Corp (OTCMKTS:CANN) that in mid-October updated about the promotional measures relating its common stock. The company reported that it had come to know by the OTC marketplace that the firm behind the unwanted promotional newsletter emails is none other than Stockpalooza.com. General Cannabis confirmed that the firm, its directors, officers and, to the firm’s knowledge, its controlling stakeholders have not, indirectly or directly, approved or been involved in any way with the distribution or creation of promotional content by Stockpalooza.com.

AT the same time, Marijuana Company Of America Inc (OTCMKTS:MCOA) also updated its investors that the firm’s first offering hempSMART BRAIN to meet the increasing demand for cannabinoid included neutraceutical items that assist in brain function.

Cannabis Sativa Inc (OTCMKTS:CBDS) participated in a key event that took place in last week of September. The State of Marijuana event gathers government officials, investors, advocates and entrepreneurs across numerous business workshops and panel discussions on subjects affecting firms in the cannabis market.

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