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Re: NavyMSU post# 120960

Friday, 05/31/2013 9:11:33 AM

Friday, May 31, 2013 9:11:33 AM

Post# of 238988
It's true that MJNA doesn't currently benefit from the sales of any THC-containing products. However, correctly or incorrectly, people still strongly associate MJNA with marijuana right now. (Maybe it has something to do with the name.) So, after we have a majority of states on board the MJ bandwagon (which the news will make a big deal of), there could be a psychological shift of sorts in the investment community with regard to those companies that are (or are seen to be) associated with MJ, which could lead to increased investment in those companies' stocks. It's not guaranteed, of course, but it seems plausible to me.