Seeking Alpha

Medical Marijuana (MJNA.PK +6.3%) trades higher after announcing it will begin selling its...

Medical Marijuana (MJNA.PK +6.3%) trades higher after announcing it will begin selling its products and services in Europe, Canada, and the Caribbean. The company adds it plans to invest in local manufacturers and distributors, and hopes to bring over-the-counter products to the aforementioned markets. (PR)
Comments (15)
  • This is the beginning of the run up to over 50 cents again. This is now going to start to show up on the radar of some VIP and they cannot be politically correct and ignore this stock any longer. It is LEGAL in Europe and will be purchased OTC. This is GREAT news.
    20 Mar 2013, 11:35 AM Reply Like
  • Yesterday, I went into one of our local MMJ certification centers here in Arizona and they were promoting Dixie Elixirs. So logic would dictate that they product has moved into the Arizona Market as well....great news as well!!!!
    20 Mar 2013, 12:16 PM Reply Like
  • Yep, this will be a very lucrative play along with, ERBB, MWIP, HEMP, RFMK, PHOT, CBIS and GRNH.
    20 Mar 2013, 12:20 PM Reply Like
  • WOW....soon to be world wide distribution, my prediction of $5+ by the end of 2014 is now been moved up to $10+
    20 Mar 2013, 12:48 PM Reply Like
  • I mean no insult, but you can't be serious... $5+ was on the far side of the bell curve, as far as probability goes, $10 by 2014? I will let you manage my money from that point on out...
    21 Mar 2013, 02:03 AM Reply Like
  • This is what MJNA needed. The move to the EU market it smart. The cannabis products are much more well received there and will provide valuable user data on how to market here. The real money is in the US market but this is a step in the right direction.
    20 Mar 2013, 12:56 PM Reply Like
  • Good to see they are branching out.
    20 Mar 2013, 12:56 PM Reply Like
  • With all the recent state legislation towards legalization & decriminalization of pot, and the increasing number of states passing medical marijuana and more states to follow KY where industrialized hemp is now legal, your comments certainly make sense so why do you think we've seen a recent pullback in the pot stocks?

     

    In addition, what do you all think about big tobacco; are they patiently waiting on the sidelines ready to crush all these small pot companies when the time is right..????

     

    Thanks for any insight.
    20 Mar 2013, 12:57 PM Reply Like
  • With all of the recent and ongoing state legalization and decriminalization of marijuana, the increasing number of states passing medical marijuana laws and several states getting ready to introduce industrial hemp measures like the one recently passed in KY..why do you think we've seen a recent pull back in the pot stocks?

     

    Additionally, what do you all think about big tobacco? Are they patiently waiting on the sidelines ready to move in and crush all of these small companies when the time is right?

     

    Thanks for any insight !!
    20 Mar 2013, 12:57 PM Reply Like
  • Have to agree with the above comment about lucrative plays for the above listed stocks.
    I'm pleased.
    20 Mar 2013, 12:57 PM Reply Like
  • Questionable fundamentals, bizarre earnings disclosures, and ominous technicals... Yeah, I'm bullish!
    20 Mar 2013, 03:38 PM Reply Like
  • Cash baby Cash !
    20 Mar 2013, 08:05 PM Reply Like
  • My only reservation is emplyers. You can not arrive at work drunk. If you have a medical card, will you be allowed to work under the influence? Sticky situation. Depends on job. More so on insurance.
    I hope for the best. Long on MJNA. I like the elixers. Good move.
    Here's to high hopes.
    21 Mar 2013, 03:30 PM Reply Like
  • Don't worry about that. There are strains that have low THC and high CBD which will still help with pain management and a insignificant buzz.

     

    Or, you can say screw it and just go with the CBD. Or if you have a boss that's an A**hole and you have been looking for an excuse to quit...go with the high THC and low CBD. However, make sure you have someone pick you up at work.
    21 Mar 2013, 07:36 PM Reply Like
  • Take a medicine that comes from the ground or one that some guy created out of who knows how to say that word, with too many side effects to mention. hmmmmmm?
    22 Mar 2013, 02:05 PM Reply Like
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