Replies to post #126515 on Medical Marijuana Inc (MJNA)

[PennyStock Alert]

Great points made. Thank you!

[Det_Robert_Thorne]

That other company 180 degrees different from MJNA

One company sells completely legal products into a huge, completely legal market.

The other makes no money off of sales into a fairly large, but illegal market, and is barely promoting itself in the one legal portion of the market.

The two companies do have one thing in common, however, and that's that at one time, they were priced in a "bubble".

The big online retailer survived the Internet Bubble.

Not sure that MJNA will survive the Pot Bubble of Jan-Feb 2013.

[deafelephant]

For seven years after its inception, Amazon.com didn't report any profits. The difference, however, was that they offered a product that was in great demand, in fact, in such great demand that they experienced growing pains, which was struggling to keep up with the demand which necessitated investing in a lot of real estate, overhead, inventory and staff which ate into their profits.

MJNA, like other MJ companies, is offering a controversial product that is still deemed illegal in many states, they offer products that are very expensive, unlike Amazon who offered products much cheaper than what you could get in a physical storefront.

So, comparing MJNA to Amazon is like comparing apples to oranges.