MJNA may be a spike play here and there, so far, but it may be a long term one if they get their business model right rather than scatter their efforts in expensive gum. Gum that costs more that (GWPH) Sativex Spray per use/ MG of CBD. Makes sense to me...
you are either a basher in disguise or if you don't know the answer to that question- you might not want to be investing in OTC stocks.
the answer is investing 101- hint- look up "market cap" definition.........................good luck- unless you are a basher.
Saltivex is the cannoboid King Kong. It is on FDA fast track for approval in US market early next year. Check out London Exh GWP.L the stock rocketted to over $100 up 13 points two days ago. GWPH will rocket to $50 when FDA approves Saltivex drug to be sold in US market.
Sentiment: Strong Buy
Sativex is a combination of THC and CBD. In order for it to get approval from the FDA the Government would have to acknowledge that THC has medicinal use, also requiring a rescheduling of Marijuana.
As much as I believe a rescheduling is in the future, I don't believe there is a chance it will occur in within the next year....meaning no US market for Sativex.