Medical Marijuana Inc (MJNA)

[nopancakemix]

Senate Committe Was HISTORICAL
Legalization, rescheduling, failed policy, medicinal use....many of the topics discussed at Tuesday's meetings have been discussed and debated in Congress before but the new dialogue regarding finances is what's sets the hearing apart, making it a truly historic event.

The discussion about the dangers of a cash business and the need for proper institutional financing is truly remarkable to hear considering the tenuous, quasi legal nature of marijuana across the various United States. The government is being forced to accept the new movement and there is no more clear indication of this than focus on the financial aspects of this ever brightening market. While some of us appreciate the social, spiritual, medicinal and humanistic appeals of cannabis, the truth is in our capitalist nation, money makes people listen more than all else.

The billion dollar question is now who will be the first to secure financing?

I would think MJNA has a pretty good lead here. Firstly, MJNA purports to only be involved in the non-THC market but the recent meeting and previous week's statements from Holder seems to be more flexible regarding THC sales in legal states. MJNA has credible products on the market and could use investment capital from banks to boost marketing efforts and expand supply chains.