Medical Marijuana Inc (MJNA)

[Det_Robert_Thorne]

Maybe pigeonhole is wrong word. Maybe "marginalized" better.

If marijuana is becomes federally legal, then there will be little separation between medical and recreational.

The term "medical marijuana" will probably eventually become passé, because the ruse will no longer be necessary for the accessing of marijuana (though some might say they use for medicinal reasons).

Companies that will develop medicines based on cannabis will probably "mainstream" their names, and will probably use some variation of Cannabis, rather than marijuana.

If MJNA doesn't do any medicine development, but their name implies that they do, then investors might shun them because they think MJNA is focusing on an "old school" way of handling cannabis within the medical field, i.e., smoking it.

MJNA will be marginalized into the backwater of marijuana companies that don't recognize the new paradigm.

Of course, management could get its collective heads out of its collected butts, improve corporate governance, begin proper reporting and change the name to something like "Cannabis Biotech Investments, Inc" (in official filings, MJNA is an investment company,) and get a fresh start.

But they won't.