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Just when you think you know someone. lol! :)
So, you loaded in the 2s and you don't like HEMP! Interesting? :)
Heading over and up to southern Nevada we are working with another Hemp farmer growing Cherry Wine high CBD Hemp:
It's all public record. GLTU!
GO HEMP 2018!!
MJNA ia a medical MJ company selling other peoples inferior CBD products from other countries.
Usually, people go to real HEMP companies that process American made CBD oil's.
No more interviews. They already had the summary evidence hearing. The sec gave the court everything they had and it wasn't much.
It doesn't say the court agrees with them at this point.
So, I will go by what we do know, that MJNA is a very "risky" company right now.
Less "risky" and better HEMP investments out there then, MJNA right now.
That hasn't gone through so, I must go with the initial report that charges MJNA of being a "Shady business" and warn people to be careful investing in a well known, very questionable and "shady business" like MJNA.
Better investments out there in the Hemp business!
One of MJNA's subsidiaries, Kannaway "may qualify as a pyramid scheme based on guidelines published by the Federal Trade Commission," Project CBD reported.
have been peddling toxic extracts of industrial hemp to desperate families.
CBS had no problem interviewing Bruce or HEMP'
No reason for me to keep searching. There isn't any, sorry.
The last attempt for pharma to get control of CBD, was with the Grassley amendment and that failed, 5 days ago.
And there's no news from the House of reps due to the fact, they didn't have a hemp amendment in their version of the Farm bill.
GO $HEMP 2018!!
I've searched everywhere for current information. There isn't any, unless of course you have a link but, I'm sure you would have provided it if there was.
So,
I was just asking, looks like you don’t have the answers, thanks anyway.
It's from May of 2018, not even a month ago. It's not like a post from 2 years ago, as many seem to post on here on a daily basis.
Also, Grasseley's amendment was an attempt by the pharma lobbyist to get CBD control and it failed. and that was 5 days ago, is that old news?
[UPDATED, June 13] The Senate Agriculture Committee passed the bipartisan farm bill — without Grassley’s amendment. Despite the victory, the U.S. Hemp Roundtable is advising members, growers, related businesses, and supporters of hemp to remain vigilant as the legislation progresses to the next stages.
DEA says Hemp Derived CBD Oil Products are Federally Legal
by Jason Amatucci May 27, 2018
DEA Clarifies Cannabinoids Legality
The Drug Enforcement Agency released an internal directive regarding the presence of cannabinoids in products and materials made form the Cannabis plant this week. In essence the directive of guidance for staff and field agents in the department clarified the (already understood by many in the hemp industry) position that cannabinoids are in fact NOT illegal of themselves and that it depends upon the legal source of the product those cannabiniods are in which determines if that product falls in or outside of the Controlled Substances Act. The directive states:
"Products and materials that are made from the cannabis plant and which fall outside the CSA definition of marijuana are not controlled under the CSA. Such products may accordingly be sold and otherwise distributed throughout the United States without restriction under the CSA or its implementing regulations. The mere presence of cannabinoids is not itself dispositive as to whether a substance is within the scope of the CSA;"
Legal Grey Area?
Articles and websites across the nation over the past years such as a top searched article on Google on the subject from the Bookings Institute dated back to originate back in February 2017 have stated a legal "gray area", or go as far to state with authority that all CBD products are federally illegal without having understood how legal hemp products containing naturally occurring CBD fit into the legality equation.
The "gray area" is actually quite clear and always has been if you just read and interpret federal code properly, especially not forgetting to read section 7606 of the 2014 US Farm Bill and the 2004 Hemp Industries Association vs DEA court decision. The agency who regulates and oversees Controlled Substances has now stated the mere presence of CBD in a product does not make it illegal.
WHO says CBD has a Good Safety Profile
The World Health Organization has studied the matter and confirmed that CBD oil is safe, even at high doses. They go on to state in their report from November of 2017:
"In humans, CBD exhibits no effects indicative of any abuse or dependence potential...CBD is generally well tolerated with a good safety profile...To date, there is no evidence of recreation use of CBD or any public health related problems."
For a substance to be placed on the Controlled Substances Act it must have a potential for abuse and have a likelihood of causing dependence when abused. The substance CBD and most all of the many cannaibnioids do not even come close to fitting this description. It also needs to be clear that every substance that naturally occurs in a substance on the CSA does not by default put that substance on the CSA. In marijuana, the targeted substance to be controlled is Delta 9 THC and not the many other cannaibniods or non psychotropic substances found in the plant.
The Future?
Legislation currently pending in the 115th Congress titled the "Hemp Farming Act of 2018" has bi-partisan support and has a decent chance of actually getting signed into law this year. Senate Majority Leader Mitch McConnell is one of the main sponsors of the bill.
At the press conference about the release of the bill he said, "It's time the federal government changes the way it looks at hemp, which is why Senator Ron Wyden and I, along with Senator Jeff Merkley, are introducing legislation that will modernize federal law in this area & empower American farmers to explore this promising new market."
The future of the legal American hemp derived CBD oil industry looks very bright even though some folks are still confused about the legality nuances. This new law will even further solidify the legality and legitimacy of the hemp derived cbd industry.
That rumor has been put to rest.
[UPDATED, June 13] The Senate Agriculture Committee passed the bipartisan farm bill — without Grassley’s amendment. Despite the victory, the U.S. Hemp Roundtable is advising members, growers, related businesses, and supporters of hemp to remain vigilant as the legislation progresses to the next stages.
You picked the right guy for dd. You'll see shortly. lol!
HEMP has the ticker symbol HEMP.
You are In or Out, your choice! The Vote is SOON!
GO $HEMP 2018!!
I do not do well with rules and structure in the trading game.
It's all fair in the world of $$ making!
30 years Investing 101!
It's 2018. Hemp is on the verge of being legalized.
The US Senate will vote on the Farm Bill before, July 4th.
HEMP has the ticker symbol HEMP.
JUMP on Board or Don't.
GO $HEMP 2018!!
There's a difference between "charged" and "indicted". You understand this, right?
Unfortunately, the ceo that was a part of this company is the reason this company is considered "shady" so, I've got to keep bringing the "indicted" ceo up in my "old" news articles. You can understand that, right?
Too many shady deals going on with this company IMO.
Way better hemp stocks out there. This one should be avoided!
I feel it's important to keep reminding investors that this company has had a shady past and there are better stocks out there then, this one. lol!
ALERT:20 Reasons Not to invest in MJNA !
1. Criminal count #1.....Mail Fraud Charge against CEO of MJNA.
2. Criminal count #2.....Mail Fraud Charge against CEO of MJNA.
3. Criminal count #3.....Mail Fraud Charge against CEO of MJNA.
4. Criminal count #4.....Wire Fraud Charge against CEO of MJNA.
5. Criminal count #5.....Wire Fraud Charge against CEO of MJNA.
6. Criminal count #6.....Wire fraud Charge against CEO of MJNA.
7. Criminal count #7.....Wire Fraud Charge against CEO of MJNA.
8. Criminal count #8.....Wire Fraud Charge against CEO of MJNA.
9. Criminal count #9.....Wire Fraud Charge against CEO of MJNA.
10. Criminal count #10....Wire Fraud Charge against CEO of MJNA.
11. Criminal count #11....Wire Fraud Charge against CEO of MJNA.
12. Criminal count #12....Wire Fraud Charge against CEO of MJNA.
13. Criminal count #13....Wire Fraud Charge against CEO of MJNA.
14. Criminal count #14....Wire Fraud Charge against CEO of MJNA.
15. Criminal count #15....Wire Fraud Charge against CEO of MJNA
16. Criminal count #16....Wire Fraud Charge against CEO of MJNA.
17. CEO's brother got $650 Million(from MJNA)buy house in India.
18. CEO Michael Llamas is dumping shares to cover lawyer fee's.
19. 5 BILLION SHARES Authorized.......RED FLAG ALERT
20. When convicted...CEO in federal custody for 30 (thirty) years.
MJNA CEO Michael Llamas is under 16 count federal indictment for mortgage fraud. Over 100 victims and caused more than $17 million in losses to several financial institutions, according to the (USDOJ) United States Department of Justice.
The government burden of proving that just $1.00 went into MJNA's coffers.....then MJNA's assets will be subject to the Asset Forfeiture Program.......to provide restitution to the 100 victims in this massive mortgage fraud perpetuated and facilitated by Michael Llamas.
***** The government prosecutors have substantiated evidence that Michael Llamas participated and profited from the massive mortgage scam.
Mortgage fraud occurs with intent.......not mistakes!
Assistant U.S. Attorney Paul A. Hemesath, prosecuting the case......is batting 1000% on conviction ratio relating to this massive fraud scam.
There are your twenty reasons........now you have been warned!
Good luck trading!
Medical Marijuana, Inc., sued 10 Former board members of pot business claim fraud in sale of company
https://www.sandiegoreader.com/news/2015/may/06/ticker-medical-marijuana-inc-sued/#
After serving about three years as CEO with Medical Marijuana Inc, Llamas resigned in 2012 upon being indicted in connection with a mortgage fraud scheme that cost loan agencies and other victims more than $10 million.
Is MJNA Being Set Up For A Pump & Dump?
IMO, Yes!
https://seekingalpha.com/article/1984171-is-mjna-being-set-up-for-a-pump-and-dump
Institutions have shunned America's first publicly traded marijuana stock.
Big Fish Won't Even Nibble on Medical Marijuana Inc. Stock. Should You Bite?
https://www.fool.com/investing/2017/03/13/big-fish-wont-even-nibble-on-medical-marijuana-inc.aspx
Heavy asset, revenue generating and high O/S HEMP out performing a No asset, No revenue and low O/S hemp beer company. lol!
GO $HEMP 2018!!
DUMP ALL SHARES NOW! SEC shut down imminent.
This stock doesn't have a chance! Simple dd explains thissimple fact!
Medical Marijuana Inc.: Too Risky, Avoid For Now
Medical Marijuana Inc (OTCPK:MJNA). may face stiff competition from big pharma companies who are working on the same CBD technology for the prescription market.
If the FDA approves cannabidiol-based drugs, it may restrict over the counter use of the active pharmaceutical ingredient. The Trump administration seems to be going down this route. Restrictions on CBD could harm Medical Marijuana Inc.'s sales and the sales of its portfolio companies.
BREAKING EXCLUSIVES AMERICA CANADA INTERVIEWS INSIGHTS INVESTORS STOCKS
SEC Claims Fraud by Michael Mona, Jr., CEO of CBD Seller CV Sciences, and Company
After the close on Friday, the SEC announced that it has filed suit against Michael Mona, Jr., CEO of CV Sciences (OTC: CVSI) and the company, which was formerly known as CannaVest. In the litigation release, the SEC asserts that the purchase of the PhytoSphere Systems assets in 2013 from Medical Marijuana, Inc. (OTC: MJNA) was followed by accounting fraud, with the assets reported at an inflated $35mm in the company’s financial statements. According to the SEC, the company received a third-party valuation of just $8mm later in 2013 but didn’t write down the asset value until 2014.
Lawsuit Reveals Alleged Mortgage Fraudster Llamas Runs Publicly-Traded MJNA
Tiffany Jackson has filed a lawsuit against Medical Marijuana, Inc. (OTCPK:MJNA), General Hemp and CMW Media, claiming she was fired two hours after revealing that she is pregnant. Here is a local news report. The lawsuit reveals what many already believed to be true but what is difficult to prove: Michael Llamas still calls the shots at the company despite not being an executive officer or a director. Below are the first few pages of the lawsuit. 420 Investor subscribers can click this link to obtain the full complaint.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Did Dixie Narc On Medical Marijuana, Inc. To The SEC?
As if Medical Marijuana, Inc. (OTCPK:MJNA) needs more controversy, a lawsuit filed by the minority owner of its Red Dice Holdings subsidiary has shed light on many of the issues that have been weighing on the company. The allegations raised in the lawsuit are quite serious and, if true, suggest potential fraud. In light of this new information, I am more confident in my recent prediction that the price of MJNA could fall to $0.05, though the risk of a substantially worse outcome exists.
Background
I have covered the details of MJNA extensively since February, and readers can refer to a link to a catalog of my articles on the stock that I included in my most recent article, "Medical Marijuana: Definitely a Dope Opera" a few weeks ago. A lot has happened since that last article, and I shared my most recent views a few days after, when MJNA released its Q3 press release well after it had filed its OTC disclosure, suggesting the stock should be sold.
For background specific to this lawsuit, readers should be aware of the 2012 transaction that formed MJNA subsidiary Red Dice Holdings ("RDH"). Tripp Keber and Chuck Smith contributed intellectual property and certain assets as well as the "Dixie Elixirs" brand in exchange for 40% of the JV, while MJNA contributed $1.45mm to be funded with shares valued at $0.06. Keber and Smith each received options at $0.06 as well. The goal of the transaction was to extend the brand beyond Colorado and into new products.
A very quick summary of the major issues would include:
the formation of CannaVest (CANV)
the outrageous guidance given by MJNA in February
questions about the legality of increases in the authorized share count
suggestions by MJNA filings that RDH was having financial issues
the launch of rival products by CannaVest
a lawsuit disclosed in the November 10-Q that was filed in August by CannaVest against Dixie Holdings as well as MJNA subsidiary RDH
Litigation
The initial lawsuit was filed in San Diego County on July 18th, and I have provided a link to the original complaint. Dixie Holdings filed the lawsuit on behalf of RDH against MJNA. At present, the most recent filing dated 12/2 suggests that the two parties are in the process of beginning arbitration. Keep in mind that what is presented is just one side of the story. Keber, who has been bound by a confidentiality and non-disparagement agreement, had been awfully quiet since he left the Board in early March (not disclosed by MJNA until late April). I urge investors to read the entire complaint, but here are some major allegations:
The Project CBD Special Report, Hemp Oil Hustlers, is back in the news again thanks to the latest attempt by Medical Marijuana Inc. (MJNA) to deceive its shareholders and the general public.
What a FRAUD Stock!
https://www.projectcbd.org/motion-strike-down-medical-marijuana-incs-100-million-lawsuit
It's a com'in. X-Mas tree advertising was taken out of 2018 farm bill.Ouch!
HEMP WINS!
GO $HEMP 2018!!
Applaud! It's a risk in the the pinks.
Be smart. DD!
GO $HEMP 2018!!
That's all it is here. Fine tops, IMO of course, No brainer!
GO $HEMP 2018!!