Wednesday, April 23, 2014 12:21:34 PM
With CANV around 20.00 per share, MJNA's value is roughly 100m, and from a technical perspective it appears that CANV could soon more than double- good thing for MJNA!
HempmedsPx has been unstoppable, and I wouldn't be surprised if they eclipsed 3m in rev for q1(4.5m is possible).
The red dice holdings (Dixie), surely should show more in total income for q1 '14, when compared to q4 '13, strictly due to Colorado's cannabis craze (legal business). Even if MJNA isn't pocketing thc$ from dixie right now, all sales most likely have picked up, and if MJNA managed to squeak out 430k in total income in q4, odds are it will higher in q1. If MJNA is okayed to receive thc$ from their RDH extension, then look out, huge game changer!!!! I think it's the Dixie botanicals with the hemp oil, that MJNA is currently counting on tho'.
MPSI seems to be promising, looks like that will bring in a consistent rev stream...
All in all it looks like MJNA is well positioned, definitely emerging as the industry leader!!!!
I still think MJNA needs to start their sport product line... With the NFL and NBA starting to acknowledge medical benefits, MJNA could once again stay ahead of the curve by tapping into that market... Roll out the CBD's for the PRO's....
Oh ps- market makers can flip the script at any moment!
Who's going to win today bulls or bears? 40% swing could happen at any moment!!!
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