Medical Marijuana Inc (MJNA)

[Det_Robert_Thorne]

Amazing to see celebration of increased competition

I'm really surprised to see MJNA shareholders celebrating this language in the spending bill, because what it really means is that MJNA loses competitive ground for it's CBD in every state where high CBD marijuana strains like Charlotte's Web and R4 are now legal.

Since the CBD from those strains is typically one-sixth the cost of CBD from industrial hemp, MJNA will be at a significant pricing disadvantage in legal states, and will lose market share.

With approximately twenty states now allowing the legal uses of medical marijuana, and with the Feds now not enforcing the federal laws in those states, that means that MJNA and it's RSHO has lost nearly 50% of its market exclusivity.

The following post discusses the relative costs of CannaVest's (MJNA's main supplier of CBD,) oils versus oil from Charlotte's Web:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105998237