Yet no rebuttal from management. They threatened litigation about 6 months ago and this time ignored the article completely other than the quality issue which was only a fraction of the shenanigans written about MJNA.
It's almost like a bad joke. Look at the comments about it everyone is making fun of the idea no one will pay $500 for shipping a toaster lol
Wow did something stupid and took your word for it. Greners comes in waaaay lower than HTG. Too much lower in my opinion but they are establishing their brand so I guess I can deal.
Ok but are investors pouring money into them? If not they will not expand nearly as fast and be overtaken. You asked a question and didn't hear the answer. Tens of millions in investment dollars is what PHOT has other players do not. This will lead to changes in their business model i.e. Cause it to grow rapidly much faster than the competition.
The competition doesn't have 10s of millions of equity. You can't buy all the equipment needed for indoor cultivation at lowes or walmart.. There is no other major player selling from coast to coast with online sales. Growth is what moves stocks higher just look at amazon virtually 0% profit margin focusing on growth alone and they are doing very well.
Aren't you the guy from the PHOT bored? You hate all mj stocks or what? PHOT and GWPH are insane money makers for the coming decade...
They should hope so. At some point earnings will have to catch up to market cap.
It's an investment. All investments are made with hopes of a return above what you invested into the company. It's really not that difficult to understand. In time you may figure out how it all works. Your statements make it clear why you will miss the bus that is for sure.
If receiving a $40 million investment were bad wouldn't the stock have dropped on the news? Millions of investment dollars poured in immediately and will continue to do so. We're up around 30% since the news broke last week, and still has a low market cap for a stock with so many assets. The balance sheet just went exponential and so will the stock price...
Someone who ponies up $40 million as a single investment has a lot of credibility from the get go. The money will hit the balance sheet and immediately change the game for the value of this company. To sit here and see something so amazing happen and ridicule it rather than profit from it is idiotic beyond words.
You seriously think a $40MM investment by a group of investors is the same thing as a loan?
Time to start a new ID and try again...
In the stock market, the more $$$ invested, the higher the value of the security. Investment and company growth is precisely what makes investors money and this company is seeing massive increases in both. Get on board or get lost it doesn't matter to me what YOU do...
GW Pharmeceuticals raised around $30 million when they listed onto the Nasdaq. To think $40MM is no big deal seals your fate as a moron.
What did I tell you? The more MJNA goes down the more PHOT goes up. I don't think a cannaBANK really exists out there nor do I think the space to small for profitable competition. Investors are looking for a place to get in the industry and PHOT is easily the best bet.
And it will need to find a new home. Come on over to PHOT the water is fine :). It has been named the number one cannabis stock by several articles and blogs for good reason. They just became a cannabis bank a few days ago with a $40mm dollar non-dilutional investment. Their sales are significantly higher and management is infinitely better.
I know $40 million might as well be nothing right? What kind of brain dead argument is that? The fact nay Sayers have no good arguments makes me even more confident.
Actually most of it is new info. How many months ago was it that a SA article brought this down from .50 and MJNA promised legal action? Where is THEIR rebuttal? That's the truly scary thing for anyone still holding this.