MJNA Target 0.50 - 1.00This stock is pretty much looked at as the otc ETF for the marijuana sector.
Target based on the sector. The other targets I have mentioned are based on company financials and fundamentals
Business Description
Medical Marijuana Inc. (OTC Pink Sheets; MJNA) is the first publicly held company vested in the cannabis and industrial hemp space in America. Through its subsidiaries and investment holdings the Company focuses on the development, sale and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol ("CBD") and other products containing CBD-rich hemp oil ("Legal Hemp"). Company products are formulated for the pharmaceutical, nutraceutical and cosmeceutical industries, including dietary supplements, prescription-based hemp oil for sale in countries that have legalized our hemp oil for the treatment of various illnesses and conditions (such as Brazil and Mexico) and skin care products. The Company is not in the business of selling or dispensing either recreational or medical marijuana, directly or indirectly, so long as marijuana remains a federally controlled substance, however, we are poised and consider ourselves well-positioned for eventual cannabis legalization (the Company's products contain only those substances that are derived from the part of the cannabis plant that is excluded from the definition of marijuana under the Controlled Substances Act and are both federally legal and outside of the purview of the Drug Enforcement Administration).
Medical Marijuana, Inc. and Subsidiaries HempMeds® Mexico, HempMeds® Brazil and Kannaway® Announce 2017 as the Largest Revenue Year in Company History
PR Newswire
SAN DIEGO, Jan. 8, 2018
SAN DIEGO, Jan. 8, 2018 /PRNewswire/ -- Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, today announced that the Company and its subsidiaries HempMeds® Mexico, HempMeds® Brazil and Kannaway® generated the largest-ever (unaudited) revenue year in its history in 2017, as well as reached major milestones in its business operations.
In 2017, Medical Marijuana, Inc. had a number of significant accomplishments, including:
Experienced year over year revenue growth of more than 300% compared to 2016
Medical Marijuana, Inc. CEO Dr. Stuart Titus spoke at several national and international cannabis conferences including A4M Mexico, the California Cannabis Business Expo, World Medical Cannabis Conference & Expo, ExpoWeed, the International Fair of Medical Cannabis and the Marijuana Business Conference & Expo
Announced the promotion of Vice President of Operations, who also serves as Kannaway CEO, Blake N. Schroeder, Esq., to Chief Operating Officer
Appointed Alex Grapov as new International Vice President, Jim Gibson as new Vice President of Operations and Stephen Jones as Chief Marketing Officer
Medical Marijuana, Inc. subsidiary Kannaway® was the first direct sales company to offer phyto-cannabinoid botanical products to consumers. A family-oriented company, Kannaway® encourages its brand ambassadors to create their own successful distribution businesses that will positively benefit the wellbeing of the people around them.
In 2017, Kannaway® had a number of significant accomplishments including:
Launched new products including a Hempy's® line of clothing products, Kannaway® Energy Chews, Kannaway® Essential Oils, updated HempVAP® Terpene-infused Vape, Kannaway® SuperGreens and Kannaway® Pure Gold
Announced international expansion with the establishment of Kannaway® Europe
Experienced year over year revenue growth of more than 500% compared to 2016
Achieved the largest sales year in its history.
HempMeds® Mexico is Medical Marijuana, Inc.'s distribution branch in the country, focusing on providing non-psychoactive cannabidiol (CBD) products to the people of Mexico. HempMeds® Mexico was the first company to have a medical cannabis product approved for import into Mexi
Marijuana
AMMJ Target 5.00 (Very high net profit margins+growth) #MJ Quarterly Semi-Annual Annual
(Values in 000s | USD)
Period Ending Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016
Total Revenue 990 952 617 339
Cost of Revenue 163 133 146 106
Gross Profit 826 819 470 233
Operating Expenses
Research and Development 63 0 0 0
Sales, General and Admin. 435 478 679 413
Non-Recurring Items - - - -
Other - - - -
Operating Income 317 329 (214) (189)
Income From Continuing Operations
Add'l Income/Expense Items - - 8 (40)
Earnings Before Interest and Tax 317 329 (214) (189)
Interest Expense - - 0 -
Earnings Before Tax 317 329 (206) (235)
Income Tax - 0 0 -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 317 329 (206) (235)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 317 329 (206) (235)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 317 329 (206) (235)
Assets
Current Assets
Cash and Cash Equivalents 1,877 1,675 1,663 751
Short Term Investments - - - -
Net Receivables 404 193 117 164
Inventory 30 25 28 42
Other Current Assets 14 17 19 9
Total Current Assets 2,326 1,912 1,828 967
Long Term Investments - - - -
Property Plant and Equipment 12 8 10 11
Goodwill - - - -
Intangible Assets - - - -
Accumulated Amortization - - - -
Other Assets 4 4 59 4
Deferred Long Term Asset Charges - - - -
Total Assets 2,344 1,925 1,898 983
Liabilities
Current Liabilities
Accounts Payable 34 130 228 92
Short Term and Current Long Term Debt - - - 0
Other Current Liabilities 57 12 434 222
Total Current Liabilities 92 142 663 329
Long Term Debt - - - -
Other Liabilities - - - -
Deferred Long Term Liability Charges - - - -
Minority Interest - - - -
Negative Goodwill - - - -
Total Liabilities 92 142 663 329
Stockholders' Equity
Misc. Stock Options Warrants - - - -
Redeemable Preferred Stock - - - -
Preferred Stock 0 0 - 0
Common Stock 0 0 0 0
Retained Earnings (4,235) (4,611) (4,940) (4,734)
Treasury Stock - - - -
Capital Surplus 6,486 6,393 6,176 5,389
Other Stockholder Equity - - - -
Total Stockholder Equity 2,251 1,783 1,235 654
Net Tangible Assets 2,251 1,783 1,235 654
MJNA SESSIONS DIP BUYSessions' repeal of four Obama-era memorandums that affected RECREATIONAL scared a lot of frail investors which is a golden trade opportunity. MJNA's backbone is CBD-based, not recreational, not to mention holds other diversified holdings that will weather this nonsense idiotic political power play. Enjoy your free discount and 80% upside. Or enjoy holding this otherwise solid American company if you like its fundamentals.
short above $6.00legal pot is 6-8 months away in Canada - actual revenue vs mkt cap above 2 billion is literally a joke
close short near EoY
$EHVVF Continues to Move in Anticipation of Canadian MJ+ Updates"We have executed and expanded the commitments we have made to our mental health (Multi Health Systems) and therapeutic partners (MedReleaf TSX: LEAF), entered new partnerships to expand our market verticals to include the pharmaceutical industry (Aequus TSX-V: AQS). Meanwhile, we have been preparing for our next set of trials of our new video games for assessment & remediation of ADD/ADHD developed in collaboration with The Hospital for Sick Children in Toronto."
"Pharmaceutical Trials
In July 2017, we signed a Letter of Intent with Aequus Pharmaceuticals for Ehave solutions to be used for the assessment, diagnostic, therapeutic and outcome management for use in informal and formal clinical trials. The intent is for the Ehave Platform and patient reported outcomes application to be used by clinicians and patients of Aequus trials, with content to be customized based on the specific needs of the trial protocols for both traditional and Cannabis CBD-based treatments. This is a significant milestone for Ehave – opening up a new market vertical to demonstrate the value of the Ehave informatics platform in clinical trails. We believe that we can bring the cost of trials down substantially and be the first Digital CRO in the market."
"We have a management team that has built, grown and operated high value organizations before, including my experience in building a $10M cancer informatics solution for Princess Margaret Cancer Center, being an executive at Mount Sinai Hospital in Toronto that had a $330M operating budget, the $40M exit of Casero to Radial Point where I was a founding employee, and being an early employee of Solect Technology Group which sold to Amdocs for $1.2B. In addition, we have a world class Board of Directors with health technology, pharmaceutical and insurance expertise."
13g Filed A/H's Nov, 9th 2017
Name of Person Filing
EISENBERG FAMILY FOUNDATION, INC. Income of over $100 Million.
www.taxexemptworld.com
ih.advfn.com
Re-entering the PotCoin Gained a huge profit in 4 hours, allocating some btc to reenter the spot.
Now i'm considering using half of that profit to reenter Potcoin,
from which 1/4 is already used to buy that cannabis coin @2400.
And 3/4 will be used at the critical hot spot as soon as the price is cheaper than 2400.
One of the Unique Coins for Cannabis, "PotCoin" !This coin has been pumped in October 2016 during which i joined that party, resulting a profit over x10.
That means,,, this coin gives us high-risk, high-return.
And it seems to be end of accumulation period ...
So, let's wait and see. :)
Update: Emerald Health - An lesser known Marijuana playWanted to post an update to the idea I shared on October 3rd here on TradingView. As you can see TSXV:EMH has been climbing up the 8 Period Moving Average with a little OOPS in the mix. I've noticed following huge pop-ups are followed with a pullback..giving you time to get a decent entry.
They have a strategic partnership with Village Farms International TSX:VFF that is awaiting Health Canada Approval. When that gets approved they will have 1.1 million square feet of initial potential greenhouse cannabis production (estimated to yield more than 75,000 kg of product annually) upon completion of full licencing and conversion. The Joint Venture has options to acquire from Village Farms up to 4.8 million square feet of greenhouse capacity, which is estimated to yield more than 300,000 kg of cannabis annually and could supply a considerable portion of expected future cannabis demand in Canada or for export abroad. www.newswire.ca
Village Farms' stock has soared this year.
Meanwhile TSXV:EMH has been playing catch up. What excites me about Emerald Health is that it's positioned to be one of the largest producers in the country and yet it's not really mentioned in the Top 5 that usually come up in conversation. I'm long this stock and will likely trade in and out well into summer of 2018. Good luck!
Hydropothecary: A Canadian Marijuana play with Room To GrowHydropothecary is part of the Midscale Canadian Marijuana stocks that seem to have a very good future ahead. As you can see from the chart, it's coming out of a textbook Cup And Handle pattern and is trending upwards.
The company announced great Financial results compared to 2016: The Hydropothecary Corporation Reports Fourth Quarter and Fiscal Year 2017 Financial Results
They are the only Quebec based licensed producer at this point and have a Target Price of $3.40.
Emerald Health Therapeutics $EMH.V Emerald Health Therapeutics Inc through its wholly-owned subsidiary is engaged in cultivation and selling of medical cannabis out of its facility located in Victoria, British Columbia.
Looks really good on the Weekly Chart. Coming out of a squeeze. Watch for a close above $1.38 for trend confirmation. $1.80 is my target.
TRXC - Cup + Handle formation?Looks like TRXC is in the handle stage of a pretty decent cup+handle formation, I'm a bit concerned by just the shallow nature of the handle; lots of price volatility going on right now in this stock.
I don't know much about this company other than I belong to a facebook group dedicated it. Seems like a good investment opportunity if you want exposure to marijuana stocks.
POTN with the Bounce off support looking to go higherPossible long with the bounce off support for POTN.
$RMRK Massive Connections and DD Uncovered Huge Upward Potential$RMRK Had an absolutely amazing run today. However it seems to be just in its infancy as the shell was recently taken over by a Bitcoin company and some of the most prestigious team of people a sub penny company could possibly have. Below are the DD links for you to take a look and see why I am considering this a LT play as well.
investorshub.advfn.com
investorshub.advfn.com
Take a look and see for yourself!
$GRDO 1st NVSOS Update Posted With Possibly The Rest This WeekThe first NVSOS filing was posted over the weekend with the rest possibly hitting this week showing the new custodianship of $GRDO by IV. The company also put out tweets suggesting even more updates on the company management and direction by next week.
"Landed verbal agreement on $GRDO last night, Getting documents around to send to incoming company today, Stay tuned for more updates."
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Looking forward to what it could possibly be, including: $Bitcoin $Marijuana $A.I. or $Cyber
$GRDO Continues Accumulation As Company Releases First UpdatesThe following Tweets were Recently after the Confirmation of the Custodianship of the Shell by the Court:
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The recent accumulation is nothing short of amazing:
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Expect many updates as we go forward on the new management and what the company itself will be doing. Right now things that are or could be considered are Marijuana, Bitcoin, A.I., CyberSecurity and the Pet Market.
$GRDO Continuation and Accumulation Continues Ahead of Updatesinvestorshub.advfn.com
The company recently released a shareholder update and some very good tweets of what to expect ahead. Updates will continue as progress is made as to what the company will be doing in the near future and what business model it will be given.
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$GRDO Continues its Uptrend on Higher Accumulation + UpdatesClick this link to read the Massive *Rolling DD Packet* We have put together for this Stock: sunnymoneyfamily.com
Here is the news that got released just today:
$GRDO News Shareholder letter! International Venture Society Presents the Following Shareholder Updates (OTC PINK: GRDO)
International Venture Society (IVS) is pleased to announce that the custodianship proceedings for Guard Dog, Inc. (GRDO), Media G3, Inc. (MDGC) and MC Endeavors, Inc. (MSMY) were successfully adjudicated on its merits and granted in favor of IVS. The company, through its attorneys, will provide to the courts a 90 day status report on progressions made in regard to state charter revival, company reconstruction, merger candidates and regulatory compliance. In order to satisfy obligations to the courts, shareholders and potential merging/acquisition candidates, we will begin taking the necessary steps to seek reinstatement of the Nevada charters in the following weeks.
“I am hopeful that the stockholders of the individual companies will view the courts' decision as a vital first step for International Venture Society to construct these long non-operational OTC companies into legitimate businesses once again,”stated International Venture Society CEO Kelani Long. “While our attorneys start working toward charter renewals, I will be evaluating possible business models as well as mergers candidates for the companies.”
$GRDO tweet reply from the Company that Bill Shaefer has nothing whatsoever to do with this shell any longer!
twitter.com
$GRDO tweet on upcoming company updates smile
twitter.com
FYI in order take-over a stock-shell through_the courts in a Custodianship case as opposed to buying one you have to have a business model and a timeframe for what you
are doing. You also have to bring the stock current and follow guidelines set out in the case.
A public shell can cost anywhere from $35,000 to $600,000 depending on the shell you are buying. Knowing that surely the courts will make sure a legitimate company will be taking over the symbol.
Courts don't just take away and hand out dormant stock shells to someone else with no purpose!
This should get very interesting in the coming weeks!!!
WEED buy signals$WEED is just shy of invalidating the bearish count (red). Things are looking bullish for WEED based on the blue Elliott Wave count. A three wave zigzag (A)-(B)-(C) completed in June and the initial build up of 1-2 waves is what we see now.
Additionally, the changing to a negative social mood supports from a socionomic perspective the repeal of prohibition. This is apparent in the macro trend of legalization state to state in the US. Colorado's legalization as an example has increased state revenues, another factor that may sway more states to vote yes for legalizing marijuana. The growth opportunity and bullish sentiment for weed has lots of upside for higher highs ;)
The first buy signal, a break and close above the wave 1 high is in. The next confirmation/buy signal is the break and close above the wave (1) red low. This is currently key resistance to break. After we could see price pull back to the current levels but the break and close above the red dashed line will confirm the blue count is underway.
ammj shows pure speculation plays follow fib linesPure Speculation, without any underlying basis for price, is a pure expression of human emotion. Therefore, Fibonacci, in my opinion, is reliable, because human emotion is an expression of the universe, and Fibonacci is ubiquitous in our universe, seen in everything
This is shown with AMMJ, one of the most traded marijuana stocks during the California election run up