MJNA (Medical Marijuana) Beginning Cash Position: $1.10 Mil (As of Dec. 2017)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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What is Medical Marijuana Beginning Cash Position?

Medical Marijuana MJNA Beginning Cash Position is $1.10 Mil as of Dec. 2017.

Medical Marijuana's Beginning Cash Position for the quarter that ended in Dec. 2017 was $1.10 Mil.

Medical Marijuana's quarterly Beginning Cash Position declined from Dec. 2015 ($0.68 Mil) to Dec. 2016 ($0.24 Mil) but then increased from Dec. 2016 ($0.24 Mil) to Dec. 2017 ($1.10 Mil).

Medical Marijuana's annual Beginning Cash Position declined from Dec. 2015 ($0.68 Mil) to Dec. 2016 ($0.24 Mil) but then increased from Dec. 2016 ($0.24 Mil) to Dec. 2017 ($1.10 Mil).

Medical Marijuana Beginning Cash Position Related Terms

Medical Marijuana Beginning Cash Position Historical Data

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The historical data trend for Medical Marijuana's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Medical Marijuana Beginning Cash Position Chart

Medical Marijuana Annual Data
Trend Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Beginning Cash Position
Get a 7-Day Free Trial 0.25 0.75 0.68 0.24 1.10

Medical Marijuana Semi-Annual Data
Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Beginning Cash Position Get a 7-Day Free Trial 0.25 0.75 0.68 0.24 1.10

Medical Marijuana Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $1.10 Mil mean?
Medical Marijuana (MJNA) has a Beginning Cash Position of $1.10 Mil as of Dec. 2017. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Medical Marijuana and its competitors.
Is Medical Marijuana's Beginning Cash Position too high?
Medical Marijuana's current Beginning Cash Position is $1.10 Mil.
How does Medical Marijuana's Beginning Cash Position compare to UPC and ERBB?
Medical Marijuana's Beginning Cash Position of $1.10 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Drug Manufacturers company?
A good Beginning Cash Position depends on the Drug Manufacturers industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Medical Marijuana and its competitors. Medical Marijuana's current Beginning Cash Position is $1.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Marijuana stock overvalued right now?
Medical Marijuana (MJNA) has a current Beginning Cash Position of $1.10 Mil. The current Beginning Cash Position is $1.10 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Medical Marijuana (MJNA), the current Beginning Cash Position is $1.10 Mil as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Medical Marijuana Business Description

Address 2384 La Mirada Drive, Vista, CA, USA, 92081
Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others. The company operates through Retail and Wholesale division; Direct Sales division; and Manufacturing and Production Division.