MMJ Group (ASX:MMJ)

  • Symbol:ASX:MMJ
  • Ticker 2:OTC:MMJJF
  • Sector:Investments
  • Industry:Cannabis
  • CEO:James Hallam
  • Founded:2014
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MMJ Group (ASX:MMJ) Stock Price

Disclaimer: Past performance is not an indicator of future performance.

MMJ Group (ASX:MMJ) Company Overview

MMJ Group Holdings Ltd is a global cannabis investment company which operates across a full range of emerging cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment, and retail.

With a proven track record in acquisitions, realising significant value from hemp and cannabis investments, MMJ's investments sit across the majority of the supply chain.

MMJ holds a total portfolio value of A$47 million, as of 31 May 2020, with investors receiving an average investment return of (17)% pa. The Company's portfolio includes investments in Embark Health, Weed Me, WeedMD, Seqouya, Volero and Bespoke.

Since 2015, MMJ has utilised its connections in Canada and Australia to create a significant number of investment opportunities, with the Company owning a strategic 26% shareholding in global cannabis company Harvest One Cannabis.

MMJ is currently the only listed Australian investment company which offers Australian investors the opportunity to invest in unlisted and listed cannabis-related businesses in Australia and offshore.

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