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Micro-Caps on the Move; Medical Marijuana Inc. (MJNA), Nano Tech Entertainment Inc. (NTEK), Hemp Inc. (HEMP)

Shares of Medical Marijuana Inc. (OTC: MJNA), operating in the medical marijuana and industrial hemp markets, are soaring in trading today. At last check, MJNA shares were trading 10.53% higher at $0.145 on volume of 6.06 million. The stock hit an intra-day high of $0.15 earlier today. MJNA shares have gained 45% in the last three trading sessions.

MJNA and PhytoSPHERE Systems recently informed shareholders and the general public that they have expanded hemp production significantly.

Shares of Nano Tech Entertainment Inc. (OTC: NTEK), a technology company with a focus on entertainment industry globally, are climbing in trading today. At last check, NTEK shares were trading 3.95% higher at $0.0395 on above average volume of 6.15 million. The stock hit a 52-week high of $0.04 earlier today. NTEK shares have gained more than 36.20% in the last three trading sessions.

NTEK shares are gaining momentum after the company announced that it entered into a partnership agreement with Fun Little Movies. Jeffery A. Foley, CEO of Nano Tech, said that the agreement with Fun Little Movies is part of the company’s continued strategy to expand its TV offerings with world class content.

Hemp Inc. (OTC: HEMP), a company focusing on supplying services, products, and information related to the medical marijuana industry or those who have an affinity for the medical marijuana industry, are rallying in trading today. At last check, HEMP shares were trading 22.50% higher at $0.0245 on above average volume of 4.35 million. The stock hit an intra-day high of $0.03 earlier today. Despite the gains in trading today, HEMP shares have fallen 2% in the last three trading sessions.

HEMP shares are climbing after the company said that cultivation of its hemp crop in the Gansu Province of Northwest China is progressing on schedule.

 


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