Important achievements from across our portfolio of companies helped drive record revenue and continued success in the opening months of 2019.
Medical Marijuana, Inc. and our portfolio of companies and investments continued our upward trend in the first fiscal quarter of 2019, tallying record revenue from January to March. Medical Marijuana, Inc.’s Q1 2019 revenue exceeded $20.2 million, an increase of more than 92% over Q1 2018. Net Ordinary Income for the period exceeded $1.5 million, our best result in ordinary income in company history.
“In Q1 2019 we had the best revenue quarter in the history of our Company,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus. “We are humbled to see the immense growth our company has experienced as the world continues to open up to the benefits of hemp-derived CBD.”
FIRST QUARTER 2019 FINANCIAL RESULTS
Q1 2018 –…