Tuesday, February 26, 2013

Just 3 of the many reasons I am Long MJNA

3 Reasons I Am Long MJNA.PK Reason 1: "The Company received an opinion letter from counsel stating that it is legal to import, export, and sell products within the United Stated while using the "cannabidiol" in its name labeling, and marketing materials." How many states have introduced some type of industrial hemp bill this session alone? I think about 10 some in states you would not even believe Kentucky and Indiana to name. Not to mention that Congress has introduced 2 bills US HB525 US SB359. US HB525 summary Industrial Hemp Farming Act of 2013 - Amends the Controlled Substances Act to exclude industrial hemp from the definition of "marihuana." Defines "industrial hemp" to mean the plant Cannabis sativa L. and any part of such plant, whether growing or not, with a delta-nine tetrahydrocannabinol concentration of not more than 0.3 percent on a dry weight basis. Deems Cannabis sativa L. to meet that concentration limit if a person grows or processes it for purposes of making industrial hemp in accordance with state law (legiscan.com/US/bill/HB525). US SB359 summary A bill to amend the Controlled Substances Act to exclude industrial hemp from the definition of marihuana, and for other purposes (legiscan.com/US/bill/SB359). With all the attention on industrial hemp would you not want a company that already have a strong hold on the industrial hemp market and that is positioned to acquire more subsidiaries relating to industrial hemp. Reason 2 "The Company has completed and submitted all documentation necessary for tier uplisting (OTC/QX)." So the company that I am willing to invest in is taking the proper steps to up-list and become more financially responsible to their shareholders. Hmm that makes you wonder about the company being legit right but why would a company want to be up-listed to OTC/QX. "Many U.S. companies list on OTCQX as the final step toward a NASDAQ or NYSE listing. Other U.S. companies enjoy the efficient compliance-driven and cost-effective model it offers their investors outside of a traditional exchange listing (www.otcmarkets.com/companies-advisors/ot...; Reason 3 "The Company and its counsel have have submitted all required documentation and a legal opinion letter for the removal of the Depository Trust Corporation (DTC) chill" (www.otcmarkets.com/financialReportViewer...). Once again the company is on top of their game. To me it seems since Tripp Keber has been on the main stage the company is really showing its real power. Tripp recently released a statement on FB about a recent libel attack and this is response Statement from Tripp Keber -President & CEO, Red Dice Holdings, LLC "I am incredibly grateful for all of the positive outreach and support the past week in light of the negative allegations recently made against our parent company, Medical Marijuana Inc. (MJNA - OTC PK) As I shared with listeners during my interview with the folks from OverGrow the Radio, MJNA is diligently working with their corporate attorneys to craft an appropriate response and action against those that libeled individuals both currently and formerly associated with MJNA. The statements made about the integrity of MJNA's management, as well as inaccurate facts that were used to potentially short the company's stock and generally manipulate the market are being taken very seriously and appropriate action is forthcoming. The company will defend its honor and reputation and will work tirelessly to continue to build on the foundation created over the past 12 months. It is important to note, MJNA, Red Dice Holdings and Dixie have real customers, real products, real assets and real revenue. No fabricated report by a rogue blogger with a direct financial interest in seeing our stock price decline can take that away from the thousands of shareholders and dozens of employees that believe in our mission - to build the most recognizable medical marijuana company in the United States and beyond. Thank you for your continued loyalty and support." (www.facebook.com/DixieElixirs?ref=ts&...) With the Greenrush or FiscalSpliff starting I want to be one of the first people invested in the newest growth sector in the US. Take a look for yourself and decide if this sector and this company is real but I would think with 18 states passing some type of medical marijuana law and 2 states even legalizing recreational use of marijuana there will be growth and MJNA business model looks the most promising to grow and expand all the US. Long MJNA

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