Replies to post #155769 on Medical Marijuana Inc (MJNA)

[marklar3]

No. That is wrong.

The Canadian government can approve this happening but what matters is the US government.

What is that even supposed to mean? Canada's money is no good here? lol Are you serious?

But is any public company currently selling products from MJ?

Any small company can engage in this. It isn't special by any means. Have you ever been to Denver? Go into a couple different dispensaries and then tell me how many different brands there are making products from MJ.

No. The real money is in licensed contracts with the government to produce enough lbs that you have a guaranteed $100,000,000 in revenue at 80% profit margins by the end of year 5. That little fact is in the forbes article. I suggest you read it.

I rode MJNA from .06 to .50. There is a reason why it bounced to .32 and is now .15 two days later on a sell-off at the first sign of sector news. Look at that accumulation, or lack of accumulation I should say.



Invest in whatever you want. I could care less about MJNA to bash it. It gave me my first big break trading, so I can care less if it is a scam or isn't. But if you think this thing is running to the tune of 900% gains like last year, then good luck to you. This thing isn't hitting .90 cents this year.

Up 500% since September in the company you brushed off that is the only U.S. publicly traded company with legal permission from any country's government to grow marijuana for retail purposes.