Medical Marijuana Inc (MJNA)

[GDorn]

I'm Not Saying you're Wrong

But every press release I read on the topic only mentions LVVV and not MJNA.

True, there is their HempWire partnership, which coupled LVVV's energy chew products with the CBD oil HempMeds was buying from Cannavest. Perhaps LVVV and MJNA are partnering up with the new Chinese supplier but isn't it just as possible that LVVV found their own (eventual) CBD source and no longer have any need for HempMeds/MJNA?

But if LVVV cuts MJNA out of the loop that pretty much trashed the HempWire partnership. Surely LVV wouldn't risk that, would they? Well according to LVVV's Q2/14 10Q (which they filed on time) HempWire was the largest source of increase in their product sales, bringing to quarterly total to $181,800. Compare that to the early April press release hallucinating a 1.1 million dollar initial purchase order.

I guess the $126,522 increase compared to Q2/13 is just sorta like a down payment on that initial order. That or HempWire (including Kannakick chew sales) are not living up to expectations.

There is no confirmation either way at this point so It's premature to say this is a good or a bad thing for MJNA. But it could go either way.