Medical Marijuana Inc (MJNA)

[NavyMSU]

CANV is not a hedge for MJNA.

A hedge is to counteract the price movement of one stock with another:

CANV is illiquid and only going up because so few shares trade each day.

When they begin to dilute you might see an initial bump up in price due to the increase in volume, but it will quickly go down. Think of CANV today as MDBX at the peek of their spike: low float, low volume but temporarily increased demand. There's money to be made in the minutes or hours after try start to dilute, but I would never consider them a hedge.

MJNA is CANV's only customer, therefore CANV cannot succeed without MJNA, their fates are entwined.

Not a hedge.