Replies to post #6337 on Medical Marijuana Inc (MJNA)

[ddm1082]

They closed their bank accounts on them I believe. This is from the most recent 3Q financials:

"OVer the course of the 3rd quarter, the company experienced the in the first week of July, its bank accounts being closed because of the name of the company and its divisions, from The Hemp Network to Medical Marijuana Inc., this also affected our relationsship with Cannabank, BullnBEar Group, as well as strategic options, which also caused transactions the company had positioned for aquisition and development to not close which cut out projected revenue by two thirds."

Thats half the paragraph but I dont feel like typing any more... This aligns with information I got somethime last summer saying this exact thing had happened when I was complaining to my Hemp Network contact that things were moving so slow. Apparently a couple vendor complaints also arose because MJNA had difficulty paying them while this was going on.