From what I understand, the financial audit results will be out in a month's time and the company is going to tell us what its future plans are shortly after so we will know better what to expect. As such I think we will see a nice run up in price starting in about a month's time. Right now I'm holding position, seeing how the thing holds up, and occaisionally increasing shares. If the price goes down much I'm planning on buying more.
The financial audit is what really started getting me interested in MJNA for a long term hold. had researched for awhile and was indecisive on my top choice of the 3 i have positions in. From personal experience there is usually something good happening to a company when they are getting audited financials. Usually happens before someone gives a company money.
George Soros a big financial Billionaire says" The war on drugs has done more damage then drugs themselves" and he sees change in the winds of US policy . Especially putting non violent drug offenders in prison. In California there is more money spent on prison systems then the educational system. Essentially he believes the change in policy and opening the door to new industries will help grow the US economy. Check out CNBC!! There are many other Investment manager/ writers opinions that say this could be in the top 10 industries in the world! Anyone who doesn't understand how this is possible hasn't done there homework!
News like this will help all of the top stocks in this field! MJNA is the apex predator of #$%$ stocks. Many other stocks like MWIP,COIN,TRTC, CBIS, RFMK, PHOT would be great buys for the future of this industry. I used to like "HEMP and still own a small position, but it been very flat lately and I am not sure what there breakup/ spinoff structure is. Medbox and AVTC need a price adjustment and at the right price would be a good long term.