Replies to post #208302 on Medical Marijuana Inc (MJNA)

[Rat Fink]

MJNA 1ST QTR GROSS REVS UP 2.35 TIMES_&_TOTAL_GROSS_PROFIT_UP_3.1_TIMES!!!

SOURCE: https://finance.yahoo.com/news/medical-marijuana-inc-reports-first-130000149.html

EXCERPT FROM 6/5/17 PR AS FOLLOWS:

– The Company saw a gross revenue increase from $1,535,728 in Q1 2016 to $3,612,739 in Q1 2017, a quarter over quarter increase of 135%.

– Total gross profit increased from $820,446 in Q1 2016 to $2,545,229 in Q1 2017; which is an increase of 210%.

– Total assets increased by 130% from $214,115,665 in Q1 2016 to $494,182,096 in Q1 2017. Net loss in Q1 2016 of ($11,096,659) was decreased by 79% over Q1 2017 to ($2,222,818).

– Net comprehensive income increased by 1188% quarter over quarter from ($9,708,598) in Q1 2016 to $105,632,830 in Q1 2017.

[KICK1]

Hey heads up! #MJNA buy dips because #Florida is on official
-Gov. Rick Scott Signed Bill Approving Medical Marijuana dlvr.it/PPn9yB #mmj No more wait for orders #CBD #THC :))

[Rat Fink]

MJNA GREAT CANNABIS COMPANY "INVESTMENT"_FOR_LONG-TERM_INVESTORS!!!_HERE'S_WHY_BELOW.

1. Comprised of numerous cannabis companies including AXIM Biotech.

2. MJNA has already hit ~50 cents in 2013 and in 2014. (Float & O/S weren't "low" then either.)

3. Some of MJNA's CBD competitors are over $1.00 in their PPSs.

4. MJNA is located in California (world's 6th largest economy) where rec. MJ just became legal.

5. MJNA is poised and well-positioned to enter legal MJ market.

6. High exposure to Wall Street investors via 2 recent Forbes write ups.

7. Lot of U.S. and foreign media coverage on MJNA and it's products in 2016.

8. Highly effective MJNA CBD products used for medical illnesses in USA and over 40 countries.

9. MJNA's HempMeds product is "prescribed" as a medical drug in several countries.

10. New VP of Ops "grew sales to $50 million" in 5 years where he worked previously.

11. CNBC's Steve Grasso and his firm are LONG on MJNA.

12. Potential for big well-known Wall Street investors to invest in MJNA.

13. MJNA just came out with 2016 fins: $8M total income; $4.6M gross profit.

IN MY OPINION