Replies to post #179387 on Medical Marijuana Inc (MJNA)

[Det_Robert_Thorne]

MJNA has been reporting the Dixie Botanicals numbers

I also believe they would begin reporting Dixie revenue which would be great for their numbers.

MJNA has been reporting the sales of Dixie Botanicals products under the RDH (Red Dice Holdings) column in the Consolidated Statement of Revenues pretty much since 1Q/13.

The sales have been consistently declining, possibly due to lack of attention by Dixie Elixirs and the lawsuit, so MJNA has it's work cut out for it.

The quarterly RDH revenues (Dixie Botanicals) since 3Q/13 are as follows:

3Q/13 $321.7K
4Q/13 $422.1K
1Q/14 $417.3K
2Q/14 $352.9K
3Q/14 $256.4K

The 3Q/14 revenues were down 27% sequentially from 2Q/13, and on a Year over Year basis, were down 20%.

MJNA is, for the most part, a reseller of other people's products. If marijuana were to be completely legalized tomorrow, they might have the financials to adapt to the new market, but that's not going to happen.

Right now, MJNA is in a war of attrition, and its losing.