On the evening of June 27, the Delaware House of Representatives voted 21-15 (with five not voting) to legalize, tax, and regulate marijuana for adults. This was only the third time that the majority of a state legislative chamber voted to legalize and regulate marijuana. Unfortunately, however, a majority was not enough. A three-fifths supermajority […]
DENVER — A new federal report shows rates of teen marijuana use in Colorado have still not increased since voters decided to end marijuana prohibition in 2012 and start regulating it similarly to alcohol for adult use. The U.S. Centers for Disease Control and Prevention’s High School Youth Risk Behavior Survey (YRBS) found 19.6 percent […]
The American Legion has been calling on the federal government for over a year – specifically the Veterans Affairs Department – to support research into the therapeutic benefits of cannabis in treating veterans with PTSD. Many veterans have said that they have been able to eliminate or reduce their dependency on other drugs, specifically opioids, […]
SANTA MONICA, CA — Herbal cannabis is far more popular among consumers than are plant-derived edibles or extracts, according to an analysis of retail sales data in Washington state. Researchers from Carnegie Mellon University in Pittsburgh and from the RAND Corporation in Santa Monica reviewed data from over 36 million separate retail cannabis transactions in Washington. Sales occurred […]
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Stock promotion is serious business and commonplace in the SmallCap arena, but it is a necessary demon for the undercapitalized companies to market themselves and attract more investors. Stocks using this usually effective method are trying to expand their investor base and ramp up volume, but don’t fall in love with all the bells and whistles because one thing for sure… they are almost always short-lived. It’s just simple market correction that’s all… you can’t expect a stock to gain 50 percent one day and not give any back the next. The best move is to buy early (i.e. when you first receive the promo e-mail) or not at all because after a couple of hours most of the buying is done anyway and the price usually dips back down.
One company from the SmallCap space this morning that looks to be under some sort of promotion campaign is Cannabis Science (OTC:CBIS) because the last news from this company was issued way back in September. Also, a look into their financials will show you that they are a development stage company with no revenue and an accumulative deficit of nearly $ 60 million.
Already today Cannabis Science has traded nearly 2 million shares and hit a 52-week high of almost 6 cents. This stock trades so rarely that it does not even have an average daily volume so stock promotion is definitely one of the possibilities. Another important factor to point out is the business they are engaged in – medical marijuana – is still in such an early stage, both politically and economically, no one really knows what is going to happen with it. The time-frame for profitability could be 20 years instead of 5 like many hope. Definitely do your due diligence and research on this company before clicking the “buy” tab because you could be sitting on these 6 cent shares for quite a while.
Cannabis Science is one of the companies engaged in pharmaceutical grade medical marijuana research and development. The Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce and commercialize phytocannabinoid-based pharmaceutical products. In sum, Cannabis Science are dedicated to the creation of cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance.
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Cannabis Rising:The Key In The Lock (2013).Cannabis oil working with our endocannabinoid system used as a truly effective medicine in the fight against cancer, ms, diabetes, parkinsons etc. NO INTENTION OF COPYRIGHT INFRINGMENT INTENDED. Fair Use Notice.Educational purposes only.
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