Medical Marijuana Inc (MJNA)

[kenco]

Seeking Alpha was dead on target in the 4/14/2014 analysis of MJNA, here we are 3 months later and the stock has lost almost 1/4 of its value:

Summary:

•Medical Marijuana seems to be targeting all the right areas in the growth of marijuana - but this may just be eye candy.

•The company's full year results were bolstered by a $35M payment from CannaVEST, a company it owns 4.66M shares in. Outside of this, EPS was only $0.001 for 2013 -.

•An investment in MJNA is not worthwhile in my personal and humble opinion. The market offers much better small cap opportunities for investors in other companies.