One of today’s biggest gainer while the overall market plunges is a small company called MaryJane Group Inc (OTCMKTS:MJMJ). The company, which announced yesterday that they would be featured on The Marijuana Revolution, a documentary which will air on the History Channel on Monday, January 11 at 9 p.m. ET. This news seemed to have sparked a massive rally in the stock which, usually trades on extremely low volume.
Shares of MaryJane Group Inc (OTCMKTS:MJMJ) are up a staggering 300%The stock is currently trading higher by 400% or $0.0011 following the positive news, hitting $0.0011 per share at the time of us publishing this article. About 375.51 million shares traded hands or up 2095.96% from the average. MJMJ has risen 6.00% since December 8, 2015 and is currently uptrending. It has outperformed the S&P500 by 10.69%.
The MaryJane Group, Inc. is engaged in providing lodging, events, spa services and brand merchandising concentrated in the cannabis industry. The company has a market cap of $1.60 million. The Company’s subsidiaries are engaged in providing financing to assist Colorado marijuana growers, providing cannabis-friendly lodging and services, such as information and entertainment to clients in the recreational marijuana industry. It currently has negative earnings. It offers a guest package, which includes a Wake and Bake Breakfast, a 4:20 Happy Hour and a facility to consume marijuana and marijuana edibles.