Replies to post #126510 on Medical Marijuana Inc (MJNA)

[Det_Robert_Thorne]

MJNA doesn't receive income from "legal" marijuana sales

It doesn't matter how big the "legal" MMJ market is in the US if marijuana itself (and products containing THC) is illegal at the Federal level.

So that they won't violate Federal law, MJNA makes nothing from the sale of Dixie Elixer and Edibles products, which contain THC, even in States where MMJ is legal.

They only make money from the sales of CBD-only products from Dixie Botanicals and CanChew, but even in those cases, because of the way the deals are structured, they only make a portion of the revenue and income from those products.

That's why it is pointless to try to determine MJNA's value based on the total available market for MMJ.