Replies to post #211118 on Medical Marijuana Inc (MJNA)

[eduwhitesox]

It might be possible that MJNA is holding a substantial quantity of shares to use as source of funding for an acquisition.

It appears that MJNA have been using their recent cash flow internally to fund major upgrades and purchases. Consequently, little cash available for acquiring companies (or portions thereof) to add to their portfolio of companies.

My opinion is MJNA will use shares in lieu of cash to fund acquisitions. MJNA may be holding out to get into the THC / Recreational Marijuana Market; once it becomes legal. This will result in increased value for MJNA while releasing shares to the public.