Watch this penny stock as Mexico approves medical marijuana

The Mexico Lower House of Congress just passed legislation on April 28 to legalize medical marijuana in the country. Now the President, Enrique Pena Nieto, must sign the bill into law to legalize cannabis for medical and scientific uses in the country. The bill passed 371-11.

The ruling “eliminates the prohibition and criminalization of acts related to the medicinal use of marijuana and its scientific research, and those relating to the production and distribution of the plant for these purposes.”

Medical MarijuanaOne company sure to benefit from such legislation, Medical Marijuana Inc (OTCMKTS:MJNA), has not seen its share price increase since Congress’s’ approval.

This is significant considering the company is best positioned of any to take advantage of changes to Mexico’s medical marijuana laws. A Medical Marijuana Inc product, a CBD oil called RSHO-X, represents the...

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