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[JoJo_Jost]

The reason I pointed it out is because this is how essentially all "good old"/old-fashioned Voynich text translations worked. 

I completely agree with you regarding translations of the VMS, and I am very aware that one must be extremely careful here. I am absolutely not a fan of eisegesis.
However, in the case of a three-word marginal note, I assume a different register: abbreviated, alliterative, and process-oriented.
In such marginal notes or keyword lists, verbs are often elliptical and can function as shorthand for effects (“has the effect of X”) without an explicit object.

With a three-word alliteration, this kind of ellipsis is almost inevitable and entirely typical. (Especially since only a single letter is actually in question and the resulting reading is coherent.) But of course, it's just a theory, too