Medical Marijuana Inc (MJNA)

[Det_Robert_Thorne]

MJNA isn't a marijuana stock

MJNA sells CBD that is extracted from European-grown industrial hemp, which makes it legal to sell under current US Law.

The company has repeatedly stated that it won't sell products that contain THC until it is federally legal.

The reason for this, IMO, is because most state marijuana laws forbid association with felons, and MJNA's main investor, HDDC (Hemp Deposit and Distribution Corp) is owned by Michael Llamas, who is a felon:

http://www.bizjournals.com/sacramento/news/2016/08/10/two-more-plead-guilty-in-roseville-based-mortgage.html

Of course, if the Feds were to declare marijuana legal, then it wouldn't matter if Llamas was a felon or not.