Medical Marijuana Inc (MJNA)

[nopancakemix]

MJNA - Temper Your Earnings Expectations
The most recent earnings have been pretty weak. The questions about how revenues were booked, questions about subsidiary involvement, the lack of announcements regarding a new CEO, the weak CanChew sales....nothing is going right at this point.

$9000 in CanChew sales is pathetic however sales only started halfway through the quarter. Hopefully this earnings report will disclose better numbers. I really don't expect the HempMeds marketing blitz to take hold yet this quarter. Having worked on numerous TV ad campaigns with major global advertisers, I can tell you that results from marketing efforts are typically delayed.

Who knows what the deal is with Llamas. Who knows what's going on with Tripp. Who knows what's going on with MJNA's CANV holdings. There is a lot up in the air right now.

I do know there are products at market. I can only hope MJNA and company are pushing their products towards major retailers.