I am long MJNA.
How many of you have owned a stock market leader of an estimated multibillion dollar business emerging from the shadows of illegality? Nobody? I didn't think so. Unless you traded liquor shares in the 1930's or 1940'.
The Cannabis industry will remain a non-cash, barter, marketplace until Federal laws line up with state laws. This hobbles research and development needed to prove medical benefit. The acquisition of high CBD hemp oil, cannabis cultivation, production of edibles are cash costs. MJNA/CANV solve this monetary conversion issue and protect MJNA shareholders from legal liability.
A potential reverse merger would uplist MJNA/CANV. Dispensary business is transacted in donations, not sold for cash. MJNA has set up a brilliant strategy, misunderstood by the Basher class. Once an investor researches the CANV/MJNA deal, he/she will understand:
When MJNA owns 88% of CANV,as per the agreement, audited financials submitted and viola, MJNA is listed. As federal laws change,financing and cash will flow. Look for more stock deals in MJNA and Cannabusiness in general. this wisdom puts you ahead of the crowd. Way ahead of the basher's spin, obfuscation and lies.
Disclosure: I am long OTCPK:MJNA.