If we are having the goal of promoting awareness, let's make the earnings report the priority. That is the easiest way to get coverage of your products and services. Wouldn't it be nice if let's say a Reuters or a CNBC had something to talk about? Wouldn't that be 100x times more effective than a face to face with 100 or so trade show attendees, many of which are other vendors trying to sell to you?
You have a smudged reputation. All the trade shows in the world will not stop people from reading the Project CBD report. How can you set up a booth to push your products when there is market perception of fraud or possibly dangerous additives to your products?
Can we hear about the counter-lawsuit please. Can we hear about Kannaway please. Can we see the Q4 earnings please. Can we have a conference call please.
I know I previously said I would take it easy on criticizing but come on guys. It really looks like no one cares about the stock or the reputation. Companies with that attitude towards the markets usually only make noise when they need to sell shares. Is MJNA such a company? Look. We are about to fall under $100M cap. Isn't that embarrassing? Doesn't that upset you?
Keep letting the shares slip down here and someone with deep enough pockets actually will do something about it and take your company right out from under you.
To be fair, I watched a youtube of a Kannaway sales pitch. It's pretty bad. Amway all day long. Yeah, Amway makes money. But why not just do a registered dealer model? The $999 premium package is an absolute waste of money and does not promote selling Dixie or other products, it promotes getting more people to become brand ambassadors. If that woman said "value" one more time it was still 100 times too many. This is what happens when you don't target real sales management and go with these pyramid type deals.
Even if the avg net delta today was $0.001/sh, that would be $2,200 total of movement with today's volume. If you could explain yourself that would be great, but more and more you just talk nonsense.
I do not believe MJNA is selling stock and I believe the Kannaway deal is a net benefit. Sure would be nice to see the FY 2014 before commenting any further.
Well, NOK, a manipulated stock, traded $94M today (470x more than MJNA), was NOK board of directors dumping out stock?
Why do you keep saying this? $200,000 of trading dollars today. Do you know how many houses sold for $200k today? This is nothing in the stock market.
Who knows. I mean that whole $110,000 of trading volume today could only have been MJNA's CEO or possibly aliens from another planet trying to steal away the hemp business.
Tiero, the truth is that DEA and all drug regulations are inherently unconstitutional. Being undefined by the constitution, the 10th amendment ensures the State can do whatever they like regarding drug policy, even tell DEA agents to get out of the state if they so desire (and willing to suffer lost funding for certain projects in retaliation).
Recall, it took an amendment to prohibit alcohol. For all other drugs, it's just been DO WHAT WE SAY.
Is there no end to this companies extreme fraud that now they have enough money from fraud investing to hire 100 new employees! They won't even get to start their 401k contributions before the house of cards crumbles down, right??
February 12, 2015
HempMeds to Add 100 Employees as Part of Expansion
Tags: Dixie Brands, HempMeds, #$%$ inc.
HempMeds, a subsidiary of #$%$ Inc., is planning some aggressive moves to expand this year.
The company said it expects to add roughly 100 employees in 2015 to its new San Diego headquarters – which currently has 52 workers – as it ramps up its Dixie Botanicals line of hemp-based CBD products.
HempMeds acquired the product line from Colorado-based Dixie Brands last spring for $6.8 million as part of a deal to resolve a lawsuit between the companies.
“Having the Dixie Botanicals brand here at home, we’re going to be able to take this brand to another level,” said Marcos Agramont, director of operations for HempMeds. “We’re expecting to grow our 2013 revenue numbers by 30%.”
MJBizExpo banner Levitt v2 HempMeds to Add 100 Employees as Part of ExpansionDixie Brands will continue to make its well-known line of THC-based edibles and infused products but is no longer producing the hemp-based oils, salves and capsules under the Dixie Botanicals brand.
Dixie Botanicals products are already available in all 50 states, Agramont said, and the company plans on bringing those goods to more than 40 international markets as well.
In addition, Agramont said HempMeds will start a line of health and beauty products under the Dixie Botanicals umbrella and look into the vaping market.
How about the $5/sh he pocketed to the bottom line buying back the issue from $15? Don't forget also Northland Securities initiated at outperform back in early December as well.
I'm sorry, you've found your way to the bashing Mr. Hart message board, your post is non sequitur.
Steve Grasso is long AAPL, BA, CLVS, EVGN, FB, GDX, GOOGL, IMMR, KBH, KDUS, MHY, MJNA, NVIV, PFE, POT, SO, T, TMUS, TWTR and YHOO. His firm is long FCX, NE, NEM, VALE, RIG and OXY. His kids are long EFG, EFA, EWJ, IJR and SPY.
Hasn't gone to trial so far as I know. These kinds of things, if having merit, typically end in a settlement of some sort outside of any trial. I would so enjoy waking up to Project CBD eating crow and praising HempMeds. That much will happen. Will they get $100M? I don't know about that...
Now read the news just a couple days later how MJNA has filed a $100M lawsuit against the group and also the lab for defamation. Nice job informing us all, keep up the good work.
Why would Mr. Petkanis partner with HempMeds on the 507 patent if they were selling poison? MJNA gonna get paid on this one.
Looks like you get to post links but I don't. Copy and paste for the article:
#$%$ Inc. has filed a lawsuit in California against several businesses – including a prominent cannabis testing lab – over statements made about its hemp-based products.
The publicly traded company is seeking at least $100 million in damages, saying the comments caused a huge dip in its stock price and hurt its reputation.
The suit comes just days after a CBD-focused website published an investigative report raising serious questions about the safety of hemp oil developed by #$%$ Inc. and its subsidiary HempMeds. The report cites lab tests that reportedly revealed “significant levels of toxic solvents” in samples submitted by individuals who said they became sick after ingesting the products.
#$%$ Inc. said the report “is based upon false, inaccurate and misleading statements.”