Medical Marijuana Inc (MJNA)

[nopancakemix]

$30b Is Peanuts Compared to Where Its Headed
The marijuana market is FAR FROM a FLEDGLING INDUSTRY. In fact, it is EXACTLY the opposite. The cannabis market is in fact in the largest boom it has ever experienced.

Look, cannabis has a recorded history dating back to China over 3500 years ago. It is likely that cannabis dates back to the agricultural revolution around 40,000 years ago.

After 80 years of prohibition, for the first time in recent US history, companies are allowed to cultivate, distribute and LEGALLY PROFIT from cannabis. I CANNOT STRESS THE SIGNIFICANCE OF THIS!

Here is a breakdown of the three facets of the legal cannabis/hemp markets:

Social / Recreational Use
$25-150 billion per year in the US alone
Currently, the domestic US black market for cannabis is estimated to pull in $25-150billion each year. Obviously that is a wide discrepancy but its pretty hard to get solid numbers from a "black" market. Either way, the numbers are pretty staggering considering they only factor traditional cannabis uses of the plant material. Those figures do not factor in the edibles market.

Medicinal / Health Care Use
Yet to be known the size of the market
Merck, Pfizer and the big pharma companies can make billions upon billions off one drug alone. Viagra brings in roughly $4b annually. Should the positive cancer fighting properties be clinically proven, then cannabis will be absolutely priceless but that is only one possible treatment. Alzheimers, epilepsy, PTSD, ADHD…..the list of CBD and THC applications just continues to grow, each worth more than the next. The medical applications alone could be worth 100s of billions of dollars.

AND

Those medicinal prospects do not even include the nutritional supplement market, of which MJNA is well positioned. The neutraceutical market is about $200b worldwide. HerbaLife is a $20b company itself!

Industrial Use
Untold Billions / Even Trillions
I think this is most vastly underestimated part of the hemp / cannabis market. With so much attention being paid to the medical and recreational use, the industrial applications tend to be overlooked but they could hold the key to the real riches. Hemp can be used for just about everything; rope, textiles, plastics, fuel……….I couldn't even begin to speculate on the possibilities because it is potentially in the $500b range at the least, possible even trillions.