Replies to post #202163 on Medical Marijuana Inc (MJNA)

[Det_Robert_Thorne]

No, they own percentages of THC development-stage companies

No, MJNA doesn't own percentages of marijuana companies. They own percentages of companies that claim to be developing pharma products that will contain THC extracted from marijuana.

There's a big difference between those companies and marijuana companies, and Kannalife and AXIM have years of development and testing ahead of them. They will require infusions of cash to run those tests.

AXIM has already started going to outside "investment" companies who buy the convertible notes. Axim's first convertible note will become elligible for conversion in March, 2017 and will cause dilution of MJNA's share.

Kannalife has been looking for investors, so MJNA's 16.5% share of the company will also fall.