Medical Marijuana Inc (MJNA)

[nopancakemix]

I Would Be Cautious Expecting BIG Earnings News
If MJNA fails to deliver utterly mind-blowing news, the company/stock will get creamed. We've all seen it happen with even the very best companies/equities. Even solid numbers backed by decent fundamental news will disappoint.

Minus the CANV debacle, the numbers everyone will be looking at is the CanChew sales. The company launched the gum this quarter so there should be some sort of indication of sales in the Q2 report. I sincerely hope MJNA provides some future guidance regarding CanChew sales numbers.

Some clarity on the CANV holdings would be nice, i.e. planned sales.......

Right now MJNA is a real stinker and the entire industry is in legal limbo. Despite the claims made on boards and blogs, I don't think MJNA is a leader of anything. If MJNA was a leader, they just got their tails whipped from .50 to .09 and that performance has been less than inspiring.

All that said, if you want to get into the MMJ industry with a company that sells CBD products and has close relationships with THC providers, MJNA is a good play.