Medical Marijuana, Inc. (MJNA) is a company that is focused on three aspects. This company develops sales and distributes hemp oil that contains cannabinoids, in particular, the cannabinoid known as CBD. This sector is currently experiencing many secular tailwinds as countries continue to legalize CBD across the world. Unfortunately, MJNA has many problems that I believe are deal-breakers from an investment standpoint. Plus, my valuation model suggests that MJNA has little potential upside at these levels. Therefore, I think investors should avoid MJNA.
Source: MJNA's website
Overview
Overall, MJNA focuses on legal hemp, but it