It's been a very exciting month for Medical Marijuana, Inc. (OTCPK:MJNA), with two super-spikes in the price precipitated by industry-wide news but both followed by steep and quick retreats. Traders, at least those on the right side of the wild action, love the volatility, and investors must be cheering the improving technicals and indications of promise ahead as the company hopefully capitalizes on growth in the medical marijuana sector. I recently shared my view of MJNA as a "Hold", suggesting a fair-value range of $0.10-.15. Today, I want to highlight some new offerings but also discuss a potential schism with its partner, Dixie Elixirs, which jointly owns Red Dice Holdings.
MJNA has beefed up its...
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