Medical Marijuana, Inc. (OTCPK:MJNA) released its financial results for the quarter ending September 30, 2022, revealing net revenue of $4.9 million, an unfavorable decrease of 37% compared to $7.8 million in the previous quarter.
Q3 2022 Financial and Operational Highlights
Gross profit was $4 million;
Gross margins for the period were 82%;
International operations continued to experience growth, including an announcement of partnership expansion in Europe;
“During the third quarter MJNA continued to aggressively pursue our strategic initiatives and made progress …