Medical Marijuana Inc (MJNA): How is this good for MJNA? KannaLife has...

Reply Private New

Replies (2) Next 10 Prev Next

Send PM Follow Ignore

Followers	259
Posts	3732
Boards Moderated	0
Alias Born	04/26/2013

Alan Brochstein

Re: Clariske post# 190815

Friday, 02/19/2016 12:45:20 PM

Friday, February 19, 2016 12:45:20 PM

How is this good for MJNA? KannaLife has no funding, and MJNA can't provide it. Notice how none of MJNA's projects seem to get funded?

If KannaLife gets funding, it will just dilute MJNA's ownership. The biotech funding market has imploded. A pre-clinical project like this is pretty worthless unless there is a funding partner. Notice how the company doesn't talk about that. Maybe they will find a real company to help them, but the Wolf of Wall Street guy and the comedy film guy running KannaLife aren't likely to pull this one off. Until then, it's a science project.

If you don't like my posts, don't read them. If you think only those who agree with you should post, then start your own message board. My conclusions are my opinion only, based on what I believe to be true. I have no crystal ball.