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WILL MJNA ENTER LEGAL MJ_MARKET_IF_MJ_BECOMES_LEGAL???
IN 2015, A PREVIOUS MJNA CEO INDICATED THEY COULD ENTER_LEGAL_MJ_MARKET_IF_MJ_BECOMES_LEGAL!!!
EXCERPT FROM "LETTER TO SHAREHOLDERS BY A PREVIOUS MJNA CEO STUART TITUS", 5/14/15, AS FOLLOWS:
"...we are poised and consider ourselves well-positioned for eventual cannabis legalization. We have a plan for that eventuality, and intend to leverage our relationships and expertise to help advance a truly legal cannabis industry when the day comes. Once legalization occurs or becomes better defined regarding states rights – we can quickly implement entry into this new market. Rescheduling – if not full de-scheduling – from the Controlled Substances Act would signal the clear demarcation point of our entry into the space."
SOURCE: http://medicalmarijuanainc.com/letter-to-shareholders-by-ceo-stuart-titus-2014-annual-report/
Nice GRPS 8% gain today!
ERBB_NEEDS_TO_EXPLAIN_ALL_THE_NEGATIVES_GOING_ON_WITH_THE_COMPANY_IN_A_PR!!!
LIKE THIS ONE...
SORBYTECH'S 11-1-23 POST 340853: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173133234
>>>> MJNA UP 11% TODAY & UP_2X_FROM_.0026_LOW!!!_<<<<
12/1/23 MJNA CLOSE: 0.0052
8/25/23 MJNA CLOSE LOW: 0.0026
0.0052/.0026 = 2
I THINK MJ STOCKS+MJNA_ARE_DUE_FOR_ANOTHER_BIG_RUN!!!
IN MY OPINION
MJNA HIT 22.2 CENTS_2021!!!
IN MY OPINION
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED MJNA 1/24/22 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
MJNA HIT 22.2 CENTS IN 2021!!!
HOW HIGH WILL MJNA_GO_NEXT_BIG_RUN???_5¢_10¢_15¢_20¢_25¢_OR_HIGHER???
IN MY OPINION
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED 1/24/22 MJNA 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
WILL MJNA ENTER LEGAL MJ_MARKET_IF_MJ_BECOMES_LEGAL???
IN 2015, A PREVIOUS MJNA CEO INDICATED THEY COULD ENTER_LEGAL_MJ_MARKET_IF_MJ_BECOMES_LEGAL!!!
EXCERPT FROM "LETTER TO SHAREHOLDERS BY A PREVIOUS MJNA CEO STUART TITUS", 5/14/15, AS FOLLOWS:
"...we are poised and consider ourselves well-positioned for eventual cannabis legalization. We have a plan for that eventuality, and intend to leverage our relationships and expertise to help advance a truly legal cannabis industry when the day comes. Once legalization occurs or becomes better defined regarding states rights – we can quickly implement entry into this new market. Rescheduling – if not full de-scheduling – from the Controlled Substances Act would signal the clear demarcation point of our entry into the space."
SOURCE: http://medicalmarijuanainc.com/letter-to-shareholders-by-ceo-stuart-titus-2014-annual-report/
ERBB_NEEDS_TO_EXPLAIN_ALL_THE_NEGATIVES_GOING_ON_WITH_THE_COMPANY_IN_A_PR!!!
10/16/23 FINS CONFIRMS ERBB SELLING_2325_CYPRESS_PROPERTY AS SORBYTECH FOUND OUT & POSTED ON 9/18/23!!! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172848918
PER PAGES 10 & 18 OF THEIR 10/16/23 AMERICAN GREEN, INC. FINANCIAL REPORT: https://www.otcmarkets.com/otcapi/company/financial-report/383816/content
“If we are able to negotiate the removal of the lien and refinance the property, we have received offers to purchase it above $5M.”
HOWEVER, THEY MAY JUST LOSE THE PROPERTY ON 10/31/23 IN FORECLOSURE:
“The Company is attempting to refinance its property located at 2325 W. Cypress Street in Phoenix. Currently, the mortgage is in default and its contractor has placed a mechanics lien of approximately $2.2M dollars. The Company disputes the amount of the lien and is currently attempting to negotiate a settlement with removal of the lien as the primary reason to entertain a settlement. If we are unsuccessful, in obtaining the refinance, which is dependent upon achieving the release of the lien, we may lose the property on October 31, 2023, in foreclosure.”
BASED ON ALL THIS NEW “OFFICIAL” COMPANY INFO ABOVE, I WOULD “ASSUME” ALL CONSTRUCTION ON CONVERSION OF THE BUILDING IS NOW STOPPED SO ANY NEW/RECENT “PERMITS ISSUED” ON THE BUILDING CONSTRUCTION DO NOT MATTER ANY LONGER!!! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172990832
BASED ON THE ABOVE, (1) AMERICAN GREEN, INCs ENDEAVOR TO HAVE A "SECOND" AMERICAN GREEN MJ CULTIVATION FACILITY HAS FAILED AND (2) THEY SHOULD HAVE NEVER ATTEMPTED TO DO THIS MONEY-LOSING ENDEAVOR.
ALSO, SORBYTECH FOUND OUT & POSTED ON 8/15/23 OTHER ERBB INFO AS WELL SPECIFICALLY ERBB SELLING THEIR “VENDWEB” VENDING MACHINE BUSINESS CONFIRMED ON PAGE 7 OF THEIR 10/16/23 ERBB FINANCIAL REPORT: “The Company is negotiating the sale of VendWeb, LLC.”
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172606352
ADDITIONAL ERBB “NEGATIVES” IN ERBBs 10/16/23 ERBB FINANCIAL REPORT BELOW:
1. “The Company is currently in the process of applying for a 100:1 reverse stock split.” (PAGE 2)
2. “The Company has been sued by a leasing company over approximately $900,000 in equipment for our Cypress facility. The Company is negotiating the sale of that equipment and hopes to settle the suit with the proceeds of this proposed sale”. (PAGES 10 & 18)
3. “The Company has been sued by Glorious Extracts over the termination of its rental of space at our Virginia Grow. WE believe that we had more than sufficient grounds to terminate their presence in our facility. Settlement discussions continue”. (PAGES 10 & 18)
ERBB SHOULD HAVE BEEN INFORMING/UPDATING/WARNING ERBB SHAREHOLDERS, POTENTIAL SHAREHOLDERS, AND OTHERS OF THEIR SERIOUS “NEGATIVE” ERBB UNEXPECTED “TURN OF EVENTS” FREQUENTLY IN PRs SINCE THEIR LAST PR OVER “NINE” MONTHS AGO ON 2/14/23 SO PEOPLE DO NOT (1) “ASSUME” THINGS ARE GOING AS PLANNED AND (2) GET A “BIG NEGATIVE SURPRISE” GETTING NOTIFIED IN THEIR AMERICAN GREEN, INC. FINANCIAL REPORT “EIGHT” MONTHS AFTER THEIR 2/14/23 PR!!!
ERBB STILL NEEDS TO ISSUE A PR NOTING AND EXPLAINING ALL THE ABOVE; ANY OTHER COMPANY CONCERNS; AND THE COMPANY’S FUTURE OUTLOOK!!! ERBB SHOULD HAVE ISSUED THEIR 10/16/23 FINANCIAL REPORT IN A PR!!!
>>>CHECK OUT SORBYTECH'S POSTS FOR ANY OF HIS ADDITIONAL ERBB DD/FINDINGS: https://investorshub.advfn.com/boards/profile.aspx?user=686285
I THINK MJ STOCKS+MJNA_ARE_DUE_FOR_ANOTHER_BIGGG_RUN!!!
IN MY OPINION
MJNA HIT 22.2 CENTS_2021!!!
IN MY OPINION
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED MJNA 1/24/22 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
MJNA HIT 22.2 CENTS IN 2021!!!
HOW HIGH WILL MJNA_GO_NEXT_BIG_RUN???_5¢_10¢_15¢_20¢_25¢_OR_HIGHER???
IN MY OPINION
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED 1/24/22 MJNA 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
WILL MJNA ENTER LEGAL MJ_MARKET_IF_MJ_BECOMES_LEGAL???
IN 2015, A PREVIOUS MJNA CEO INDICATED THEY COULD ENTER_LEGAL_MJ_MARKET_IF_MJ_BECOMES_LEGAL!!!
EXCERPT FROM "LETTER TO SHAREHOLDERS BY A PREVIOUS MJNA CEO STUART TITUS", 5/14/15, AS FOLLOWS:
"...we are poised and consider ourselves well-positioned for eventual cannabis legalization. We have a plan for that eventuality, and intend to leverage our relationships and expertise to help advance a truly legal cannabis industry when the day comes. Once legalization occurs or becomes better defined regarding states rights – we can quickly implement entry into this new market. Rescheduling – if not full de-scheduling – from the Controlled Substances Act would signal the clear demarcation point of our entry into the space."
SOURCE: http://medicalmarijuanainc.com/letter-to-shareholders-by-ceo-stuart-titus-2014-annual-report/
8-1-23 PR: MJNA's KANNAWAY DIV. COMPLETES_ACQUISTION_OF_KZ1_NETWORK_MARKETING_CO.!!!_https://finance.yahoo.com/news/medical-marijuana-inc-kannaway-division-130000811.html
EXCERPT BELOW FROM LINKED PR:
SAN DIEGO, August 01, 2023--(BUSINESS WIRE)--Medical Marijuana, Inc. (OTC: MJNA) (the "Company"), announced today that its network marketing division, Kannaway, has completed an Asset Purchase Agreement with eXfuse, LLC, dba KZ1 a Japan based network marketing company. The KZ1 acquisition will increase the sales force of the Company’s Kannaway division in Japan by approximately 1,450 individuals and the Company believes the increased sales force will greatly benefit Kannaway’s ramp up in the Japanese market. KZ1’s premium product "Focus," containing Nootropics, which helps support cognitive function, has been well received in the Japanese market and adds to the Company’s current line of CBD, natural health and beauty products.
Commenting on the acquisition, Kannaway President Bill Andreoli stated: "The combining of these two companies’ products and distributor genealogies will have an immediate positive effect on revenue in Japan. I am so excited for Kannaway and KZ1 distributors coming together with such a strong message of Hemp & Wellness."
Tim Scott, CEO said, "We have worked hard to increase financial efficiency and increase cash flow and the acquisition of KZ1 fits right into this strategy. With this acquisition, combining the KZ1 sales force with Kannaway’s, we expect to see a strong impact in Japan. This is just another step in our strategy to grow through acquisitions while providing premium Hemp and Wellness products to our customers worldwide."
Under the asset purchase agreement Kannaway acquired essentially all of KZ1’s operating assets for a purchase price of $5 million and will integrate the KZ1 and Kannaway sales forces. Closing of the transaction required cash of $150,000 and conditional obligations to KZ1 totaling $4,850,000, which are payable only from royalties and sales overrides on future sales of KZ1 products and are otherwise non-recourse obligations against either Kannaway or the Company.
ABOUT MEDICAL MARIJUANA, INC.
Medical Marijuana, Inc. (OTCMarkets: MJNA) manufactures and distributes natural health, beauty and hemp-derived cannabidiol (CBD) products via e-commerce, direct sales, retail and wholesale distribution channels throughout the world. The Company operates primarily through three divisions: Medical Marijuana, Inc., HempMeds®, and Kannaway®.
Medical Marijuana, Inc.
Medical Marijuana, Inc. is the parent company of all operating divisions and operates a website to maintain an online presence, provide corporate, investor relations and educational information and news relating to the Company and its operations.
HempMeds®
HempMeds® distributes CBD products directly in the US and through wholly owned subsidiaries internationally (primarily in Mexico and Brazil). Distribution is accomplished via its online presence and its sales staff.
Kannaway®
Kannaway® is the Company’s direct selling division which started in 2014 and was the first Cannabis based direct selling company. Kannaway is the Company’s largest division and sells the Company’s Natural Health and CBD products worldwide, including, but not limited to the US, Europe, and Asia. In September 2022, Kannaway purchased the assets of Mfinity Global LLC, a direct-selling organization focused on promoting Natural Health products. The Mfinity products have now been added to the Kannaway line of products.
Nice GRPS 8.7% gain today!
ERBB_NEEDS_TO_EXPLAIN_ALL_THE_NEGATIVES_GOING_ON_WITH_THE_COMPANY_IN_A_PR!!!
LIKE THIS ONE...
SORBYTECH'S 11-1-23 POST 340853: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173133234
I THINK MJ STOCKS+MJNA_ARE_DUE_FOR_ANOTHER_BIG_RUN!!!
IN MY OPINION
MJNA HIT 22.2 CENTS_2021!!!
IN MY OPINION
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED MJNA 1/24/22 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
WILL MJNA ENTER LEGAL MJ_MARKET_IF_MJ_BECOMES_LEGAL???
IN 2015, A PREVIOUS MJNA CEO INDICATED THEY COULD ENTER_LEGAL_MJ_MARKET_IF_MJ_BECOMES_LEGAL!!!
EXCERPT FROM "LETTER TO SHAREHOLDERS BY A PREVIOUS MJNA CEO STUART TITUS", 5/14/15, AS FOLLOWS:
"...we are poised and consider ourselves well-positioned for eventual cannabis legalization. We have a plan for that eventuality, and intend to leverage our relationships and expertise to help advance a truly legal cannabis industry when the day comes. Once legalization occurs or becomes better defined regarding states rights – we can quickly implement entry into this new market. Rescheduling – if not full de-scheduling – from the Controlled Substances Act would signal the clear demarcation point of our entry into the space."
SOURCE: http://medicalmarijuanainc.com/letter-to-shareholders-by-ceo-stuart-titus-2014-annual-report/
ERBB_NEEDS_TO_EXPLAIN_ALL_THE_NEGATIVES_GOING_ON_WITH_THE_COMPANY_IN_A_PR!!!
LIKE THIS ONE...
SORBYTECH'S 11-1-23 POST 340853: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173133234
I THINK MJ STOCKS+MJNA_ARE_DUE_FOR_ANOTHER_BIG_RUN!!!
IN MY OPINION
MJNA HIT 22.2 CENTS_2021!!!
IN MY OPINION
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED MJNA 1/24/22 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
MJNA HIT 22.2 CENTS_IN_2021!!!
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED 1/24/22 MJNA 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
WILL MJNA ENTER LEGAL MJ_MARKET_IF_MJ_BECOMES_LEGAL???
IN 2015, A PREVIOUS MJNA CEO INDICATED THEY COULD ENTER_LEGAL_MJ_MARKET_IF_MJ_BECOMES_LEGAL!!!
EXCERPT FROM "LETTER TO SHAREHOLDERS BY A PREVIOUS MJNA CEO STUART TITUS", 5/14/15, AS FOLLOWS:
"...we are poised and consider ourselves well-positioned for eventual cannabis legalization. We have a plan for that eventuality, and intend to leverage our relationships and expertise to help advance a truly legal cannabis industry when the day comes. Once legalization occurs or becomes better defined regarding states rights – we can quickly implement entry into this new market. Rescheduling – if not full de-scheduling – from the Controlled Substances Act would signal the clear demarcation point of our entry into the space."
SOURCE: http://medicalmarijuanainc.com/letter-to-shareholders-by-ceo-stuart-titus-2014-annual-report/
8-1-23 PR: MJNA's KANNAWAY DIV. COMPLETES_ACQUISTION_OF_KZ1_NETWORK_MARKETING_CO.!!!_https://finance.yahoo.com/news/medical-marijuana-inc-kannaway-division-130000811.html
EXCERPT BELOW FROM LINKED PR:
SAN DIEGO, August 01, 2023--(BUSINESS WIRE)--Medical Marijuana, Inc. (OTC: MJNA) (the "Company"), announced today that its network marketing division, Kannaway, has completed an Asset Purchase Agreement with eXfuse, LLC, dba KZ1 a Japan based network marketing company. The KZ1 acquisition will increase the sales force of the Company’s Kannaway division in Japan by approximately 1,450 individuals and the Company believes the increased sales force will greatly benefit Kannaway’s ramp up in the Japanese market. KZ1’s premium product "Focus," containing Nootropics, which helps support cognitive function, has been well received in the Japanese market and adds to the Company’s current line of CBD, natural health and beauty products.
Commenting on the acquisition, Kannaway President Bill Andreoli stated: "The combining of these two companies’ products and distributor genealogies will have an immediate positive effect on revenue in Japan. I am so excited for Kannaway and KZ1 distributors coming together with such a strong message of Hemp & Wellness."
Tim Scott, CEO said, "We have worked hard to increase financial efficiency and increase cash flow and the acquisition of KZ1 fits right into this strategy. With this acquisition, combining the KZ1 sales force with Kannaway’s, we expect to see a strong impact in Japan. This is just another step in our strategy to grow through acquisitions while providing premium Hemp and Wellness products to our customers worldwide."
Under the asset purchase agreement Kannaway acquired essentially all of KZ1’s operating assets for a purchase price of $5 million and will integrate the KZ1 and Kannaway sales forces. Closing of the transaction required cash of $150,000 and conditional obligations to KZ1 totaling $4,850,000, which are payable only from royalties and sales overrides on future sales of KZ1 products and are otherwise non-recourse obligations against either Kannaway or the Company.
ABOUT MEDICAL MARIJUANA, INC.
Medical Marijuana, Inc. (OTCMarkets: MJNA) manufactures and distributes natural health, beauty and hemp-derived cannabidiol (CBD) products via e-commerce, direct sales, retail and wholesale distribution channels throughout the world. The Company operates primarily through three divisions: Medical Marijuana, Inc., HempMeds®, and Kannaway®.
Medical Marijuana, Inc.
Medical Marijuana, Inc. is the parent company of all operating divisions and operates a website to maintain an online presence, provide corporate, investor relations and educational information and news relating to the Company and its operations.
HempMeds®
HempMeds® distributes CBD products directly in the US and through wholly owned subsidiaries internationally (primarily in Mexico and Brazil). Distribution is accomplished via its online presence and its sales staff.
Kannaway®
Kannaway® is the Company’s direct selling division which started in 2014 and was the first Cannabis based direct selling company. Kannaway is the Company’s largest division and sells the Company’s Natural Health and CBD products worldwide, including, but not limited to the US, Europe, and Asia. In September 2022, Kannaway purchased the assets of Mfinity Global LLC, a direct-selling organization focused on promoting Natural Health products. The Mfinity products have now been added to the Kannaway line of products.
ERBB_NEEDS_TO_EXPLAIN_ALL_THE_NEGATIVES_GOING_ON_WITH_THE_COMPANY_IN_A_PR!!!
LIKE THIS ONE...
SORBYTECH'S 11-1-23 POST 340853: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173133234
I THINK MJ STOCKS+MJNA_ARE_DUE_FOR_ANOTHER_BIG_RUN!!!
IN MY OPINION
MJNA HIT 22.2 CENTS_2021!!!
IN MY OPINION
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED MJNA 1/24/22 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
MJNA HIT 22.2 CENTS_IN_2021!!!
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED 1/24/22 MJNA 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
WILL MJNA ENTER LEGAL MJ_MARKET_IF_MJ_BECOMES_LEGAL???
IN 2015, A PREVIOUS MJNA CEO INDICATED THEY COULD ENTER_LEGAL_MJ_MARKET_IF_MJ_BECOMES_LEGAL!!!
EXCERPT FROM "LETTER TO SHAREHOLDERS BY A PREVIOUS MJNA CEO STUART TITUS", 5/14/15, AS FOLLOWS:
"...we are poised and consider ourselves well-positioned for eventual cannabis legalization. We have a plan for that eventuality, and intend to leverage our relationships and expertise to help advance a truly legal cannabis industry when the day comes. Once legalization occurs or becomes better defined regarding states rights – we can quickly implement entry into this new market. Rescheduling – if not full de-scheduling – from the Controlled Substances Act would signal the clear demarcation point of our entry into the space."
SOURCE: http://medicalmarijuanainc.com/letter-to-shareholders-by-ceo-stuart-titus-2014-annual-report/
ERBB_NEEDS_TO_EXPLAIN_ALL_THE_NEGATIVES_GOING_ON_WITH_THE_COMPANY_IN_A_PR!!!
LIKE THIS ONE...
SORBYTECH'S 11-1-23 POST 340853: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173133234
I THINK MJ STOCKS+MJNA_ARE_DUE_FOR_ANOTHER_BIG_RUN!!!
IN MY OPINION
MJNA HIT 22.2 CENTS_2021!!!
IN MY OPINION
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED MJNA 1/24/22 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
MJNA HIT 22.2 CENTS_IN_2021!!!
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED 1/24/22 MJNA 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
WILL MJNA ENTER LEGAL MJ_MARKET_IF_MJ_BECOMES_LEGAL???
IN 2015, A PREVIOUS MJNA CEO INDICATED THEY COULD ENTER_LEGAL_MJ_MARKET_IF_MJ_BECOMES_LEGAL!!!
EXCERPT FROM "LETTER TO SHAREHOLDERS BY A PREVIOUS MJNA CEO STUART TITUS", 5/14/15, AS FOLLOWS:
"...we are poised and consider ourselves well-positioned for eventual cannabis legalization. We have a plan for that eventuality, and intend to leverage our relationships and expertise to help advance a truly legal cannabis industry when the day comes. Once legalization occurs or becomes better defined regarding states rights – we can quickly implement entry into this new market. Rescheduling – if not full de-scheduling – from the Controlled Substances Act would signal the clear demarcation point of our entry into the space."
SOURCE: http://medicalmarijuanainc.com/letter-to-shareholders-by-ceo-stuart-titus-2014-annual-report/
ERBB_NEEDS_TO_EXPLAIN_ALL_THE_NEGATIVES_GOING_ON_WITH_THE_COMPANY_IN_A_PR!!!
LIKE THIS ONE...
SORBYTECH'S 11-1-23 POST 340853: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173133234
I THINK MJ STOCKS+MJNA_ARE_DUE_FOR_ANOTHER_BIG_RUN!!!
IN MY OPINION
MJNA HIT 22.2 CENTS_2021!!!
IN MY OPINION
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED MJNA 1/24/22 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
MJNA HIT 22.2 CENTS_IN_2021!!!
*****LAST MJNA RUN MJNA RAN A VERY IMPRESSIVE 21_TIMES_GAIN_IN_~1_YEAR_FROM_.0106_TO_.222!!!
MJNA GAINED .222(2/11/21HIGH)/.0106(2/28/20LOW)_OR_21_TIMES_IN_~1_YR!!!
MJNA HIGH ON 2/11/21 HIGH: .222
MJNA LOW ON 2/28/20 LOW: .0106
.222/.0106 = 20.9 TIMES GAIN
SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
****A 2015/2016 10 TIMES RUN!!!..._.0275(9/30/15)_TO_.268(11/3/16)!!!****
LOW ON 9/30/15 WAS: .0275
HIGH ON 11/3/16 WAS: .268
MJNA HISTORICAL PPS SOURCE: https://www.nasdaq.com/market-activity/stocks/mjna/historical
.268/.0275 = 9.75 TIMES!!!...
SOURCE OF OLD 10-YR. MJNA CHART PPSs IN ANNOTATED 1/24/22 MJNA 10-YR CHART BELOW: https://www.nasdaq.com/market-activity/stocks/mjna/historical
WILL MJNA ENTER LEGAL MJ_MARKET_IF_MJ_BECOMES_LEGAL???
IN 2015, A PREVIOUS MJNA CEO INDICATED THEY COULD ENTER_LEGAL_MJ_MARKET_IF_MJ_BECOMES_LEGAL!!!
EXCERPT FROM "LETTER TO SHAREHOLDERS BY A PREVIOUS MJNA CEO STUART TITUS", 5/14/15, AS FOLLOWS:
"...we are poised and consider ourselves well-positioned for eventual cannabis legalization. We have a plan for that eventuality, and intend to leverage our relationships and expertise to help advance a truly legal cannabis industry when the day comes. Once legalization occurs or becomes better defined regarding states rights – we can quickly implement entry into this new market. Rescheduling – if not full de-scheduling – from the Controlled Substances Act would signal the clear demarcation point of our entry into the space."
SOURCE: http://medicalmarijuanainc.com/letter-to-shareholders-by-ceo-stuart-titus-2014-annual-report/