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Medical Marijuana (Medical Marijuana) COGS-to-Revenue : 0.31 (As of Dec. 2017)


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What is Medical Marijuana COGS-to-Revenue?

Medical Marijuana's Cost of Goods Sold for the six months ended in Dec. 2017 was $8.11 Mil. Its Revenue for the six months ended in Dec. 2017 was $26.52 Mil.

Medical Marijuana's COGS to Revenue for the six months ended in Dec. 2017 was 0.31.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Medical Marijuana's Gross Margin % for the six months ended in Dec. 2017 was 69.41%.


Medical Marijuana COGS-to-Revenue Historical Data

The historical data trend for Medical Marijuana's COGS-to-Revenue 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.

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Medical Marijuana COGS-to-Revenue Chart

Medical Marijuana Annual Data
Trend Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
COGS-to-Revenue
Get a 7-Day Free Trial 0.42 0.52 0.42 0.42 0.31

Medical Marijuana Semi-Annual Data
Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
COGS-to-Revenue Get a 7-Day Free Trial 0.42 0.52 0.42 0.42 0.31

Medical Marijuana COGS-to-Revenue Calculation

Medical Marijuana's COGS to Revenue for the fiscal year that ended in Dec. 2017 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=8.114 / 26.523
=0.31

Medical Marijuana's COGS to Revenue for the quarter that ended in Dec. 2017 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=8.114 / 26.523
=0.31

* 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  (OTCPK:MJNA) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Medical Marijuana's Gross Margin % for the six months ended in Dec. 2017 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 8.114 / 26.523
=69.41 %

* 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.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.


Medical Marijuana COGS-to-Revenue Related Terms

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Medical Marijuana (Medical Marijuana) Business Description

Traded in Other Exchanges
N/A
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.

Medical Marijuana (Medical Marijuana) Headlines

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