Medical Marijuana Inc (MJNA)

[GDorn]

Find Myself Pretty Much Agreeing with Doc

There just isn't enough info here to begin to speculate. The fact that Roen is the original moving party would seem to be significant but absent either the documents or other information it's hard to say of what.

From the docket report MJNA was served with the initial complaint on June 25th. Their still to be filed Q2 report covers up to June 30th. Would they be obliged to disclose this contingency whenever they do get around filing?

I noticed that Cannavest has their PlusCBDOil website up and running. For the moment at least it looks more B2B than consumer related, you can buy CBD oil by the kilogram. That isn't going to replace HempMeds sales anytime soon. I haven't really been looking, perhaps they are working on a separate retail platform.

But it's starting to look like the sale of CANV products that Hempmeds was (is) providing just might be the only value MJNA provides to CANV. Between the contract termination and now the lawsuits which do not include Cannavest but only in a narrow legal sense but do involve almost all of CANV's majority share holders, MJNA might be CANV's least favored customer.

I wonder if it will be easier for CANV to replace MJNA as a customer than it will be for MJNA to replace CANV as a supplier.