Still holding that .10 support line.
Picked up another chunk at .101 today and may get another one tomorrow. Couple things people are missing is where and how many people MJNA is being exposed to in just the Americas market alone. Their strategy is brilliant while waiting for legalization at home.
This company has momentum that cannot be stopped abroad. The US Market is merely a 'gravy on the mashed potatoes. Mexico City market alone has access to what 21 million people?
Sao Paulo, Brazil is at 21 million also. Actual city is about 12 mil, the surrounding metro area stands above 21 million. Its also part of the wealthiest state in Brazil!
42+ million people with direct access... mind you only the sick will need this product and then only after having exhausted modern remedies. However a cbd patient does become a cbd user for life... These are only just the 2 of the largest cities in the western hemisphere! the Sao Paulo event was sold out, with 50 of those doctors hailing from all over South America. They were specifically there because the need the hope of CBD for their suffering patients. Word gets around fast down there apparently and apparently South America must be a place where big Pharma doesn't have a stranglehold on the medical system!
The only thing that will drive MJNA down is bad news along the lines of CBD crackdown in the States, which IMO isn't likely to happen given more than half the country is already swinging legal. Its a slow steady slog at this point and it may take up to 5-10 more states coming on board before the FEDS finally cave in. Overseas and abroad however, the future looks extremely bright!
Long and Strong on $MJNA
GLTA - WIC
