Medical Marijuana Inc (MJNA)

[StevenRisk]

Simple math!


1 kilogram = 2.20462262 pounds

http://finance.yahoo.com/news/medical-marijuana-inc-subsidiary-phytosphere-123500480.html

CBD Essential Oil Contract Highlights

The term of the contract is twelve (12) months and calls for the production and delivery of 300 Kilograms of the CBD Essential Oil at a price of $25,000 per kilogram, or $7.5 million in total contract value.

3oo x 2.204 lbs=612LBS
7500000/612 = $12254.90 per LB

Now read the latest update & projections
http://finance.yahoo.com/news/medical-marijuana-inc-provides-industrial-145100743.html

Medical Marijuana Inc. Provides Update on Industrial Hemp Production -- Hemp Crops Are Increased By 1,200 Hectares Overseas To Meet Demand and 2013 Projections Of 6,000 KG Of High Grade CBD Oil

Now back to simple Math

6000 * 2.04=12,240 lbs
12,240 * 12254.90=$149999976

Somebody please correct me if my math is wrong but the projections on 6000KG come to $150000000

It is no wonder M.L. did not make any projections as far as revenues. This $7.5 Mil is exactly 5% of the projected production which absolutely nobody brought to the board. It is all in the PR's simply to the math. We are going to be a multibillion business in 5 years or less IMO.