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The Daily Dab: A Quick Hit On Cannabis Stocks 01/31/14

 

7 Companies Capitalizing On Canadian Cannabis

 

The cannabis sector was mixed,  with 9 double-digit percentage gainers and just 1 double-digit percentage loser.  Fewer than  20% of the stocks had volume above the 30-day average, though these were almost all higher on the day in price, and  just 7 stocks traded over $5mm in value.

Note:  The list has expanded to include the complete universe

PharmaJanes (AEGY) went live on its website, leading the price and the volume much higher. Plandia Biotechnology (PLPL) continued its run, with the volume and price soaring to multi-year highs.  FusionPharm (FSPM) continued its ascent and rallied sharply, though it dropped almost 20% from its intraday peak.  Hemp, Inc. (HEMP) reached an all-time high closing price as volume expanded.  GrowLife (PHOT) closed near the high prices of the week as volume increased following the 8-K filing detailing its deal with Creative Edge Nutrition (FITX).

Easton Pharma (EAPH) continued to reverse but still ended the week up significantly.  FITX was hammered on news that it owns only 10% of CEN Biotech.  Terra Tech (TRTC) and Medical Marijuana, Inc. (MJNA) moderately corrected.  Medbox (MDBX) was weaker on low volume, with shareholders perhaps reacting to the disappointing license news out of Massachusetts, where only 20 out of 35 dispensary licenses were awarded.  The stock lost 10% of its value this week.

Press Releases:

• AEGY
• FITX
• PHOT

 

ARE YOU A MARIJUANA MARKET MAVEN?

Prove it at the free 420 Investor Pool at StockPools.com

1st Prize:  $500 Cash  plus 1-year subscription to 420 Investor

 

 

The Daily Dab is brought to you by 420 Investor, a large and rapidly growing community of Green Rush investors seeking to capitalize on cannabis.  For just a little over a dollar a day on an annual subscription ($420), you can get all of the benefits of being a part of 420 Investor, including analysis, alerts, trade recommendations, chat and video updates.  Find out why 420 Investors are addicted to the service.  To learn more about the sector, download your free guide. 

 

 

 

 

 

The Daily Dab: A Quick Hit On Cannabis Stocks 01/30/14

7 Companies Capitalizing On Canadian Cannabis

 

The cannabis sector rallied for the most part,  with 10 double-digit percentage gainers and 6 double-digit percentage losers.  Fewer than  1/4 of the stocks had volume above the 30-day average, and  just 5 stocks traded over $5mm in value.

Note:  The list has expanded to include the complete universe

Plandia Biotechnology (PLPL) soared again as volume increased to a record level.  The stock has tripled since the company recently announced an alliance with Diego Pellicer.  AeroGrow (AERO) jumped on record volume after PTT Research made it a "Poised to Triple" selection.  Publicly-traded Scott's Miracle-Gro has a stake in the company and sells a co-branded product.  Vape Holdings (PLPED), which will soon pick up the "VAPE" symbol, saw volume expand as it broke from recent trading in a tight range.  FusionPharm (FSPM) rose yet again on expanding volume.  Medical Marijuana, Inc. (MJNA) recovered recent losses as it shared news of a new distribution deal.

PharmaJanes (AEGY) led the way down and closed 57% below the high from two days ago.  Volume was above average but contracted from the prior day.  Easton Pharma (EAPH), yesterday's winner, gave up some ground. Mentor Capital (MNTR) posted its third consecutive decline, while Tranzbyte (ERBB) pulled back for the second straight day, both experiencing declining volume.

Press Releases:

• MJNA

 

ARE YOU A MARIJUANA MARKET MAVEN?

Prove it at the free 420 Investor Pool at StockPools.com

1st Prize:  $500 Cash  plus 1-year subscription to 420 Investor

 

 

The Daily Dab is brought to you by 420 Investor, a large and rapidly growing community of Green Rush investors seeking to capitalize on cannabis.  For just a little over a dollar a day on an annual subscription ($420), you can get all of the benefits of being a part of 420 Investor, including analysis, alerts, trade recommendations, chat and video updates.  Find out why 420 Investors are addicted to the service.  To learn more about the sector, download your free guide. 

 

 

 

 

 

The Daily Dab: A Quick Hit On Cannabis Stocks 01/29/14

5 Ways to Play the Hottest Trend in Cannabis

 

The cannabis sector remained extremely volatile and somewhat under pressure, with 7 double-digit percentage gainers and 9 double-digit percentage losers.  Only 1/3 of the stocks had volume above the 30-day average, and, like yesterday, many of the losers traded heavier-than-normal volume.  7 stocks traded over $5mm in value.

Note:  The list has expanded to include the complete universe

Mountains Of Money Amassing For Marijuana Investment

Tiny Easton Pharma (EAPH) traded higher on news about their potential Canadian deal with a grower, but the stock failed to exceed the prior day's high and volume shrank.  Creative Edge Nutrition (FITX) jointly announced a major transaction with GrowLife (PHOT) that involved each of the companies investing in each other under certain conditions.  FITX, which is pursuing a Canadian license, hit resistance at the prior multi-year high set last week, while PHOT also ran into selling after a strong opening. FITX volume expanded, while PHOT saw its trading at similar levels to the prior day and well below recent peaks.  FusionPharm (FSPM) posted a multi-year high on expanded volume that is well below the peaks earlier this month.  Terra Tech (TRTC) reversed earlier losses following release of its news about its plans to apply for a dispensary license in Nevada.

Tranzbyte (ERBB) was one of the largest decliners, as it backpedaled on a recent customer announcement.  Medical Marijuana, Inc. (MJNA) continued its decline after reversing just below its all-time high near .50 yesterday.  Volume declined, but was above average and the sector's largest in terms of dollars traded by a substantial margin.  Medbox (MDBX) posted its lowest close since January 6th, with volume accelerating though below the peak levels from earlier this month.  Cannabis Science (CBIS) posted the second-highest dollar volume as it corrected from recent multi-year highs set earlier this week.

Press Releases:

• EAPH
• ERBB
• FITX/PHOT
• PLPED
• TRTC

 

ARE YOU A MARIJUANA MARKET MAVEN?

Prove it at the free 420 Investor Pool at StockPools.com

1st Prize:  $500 Cash  plus 1-year subscription to 420 Investor

 

 

The Daily Dab is brought to you by 420 Investor, a large and rapidly growing community of Green Rush investors seeking to capitalize on cannabis.  For just a little over a dollar a day on an annual subscription ($420), you can get all of the benefits of being a part of 420 Investor, including analysis, alerts, trade recommendations, chat and video updates.  Find out why 420 Investors are addicted to the service.  To learn more about the sector, download your free guide. 

 

 

 

 

 

 

The Daily Dab: A Quick Hit On Cannabis Stocks 01/28/14

Mountains Of Money Amassing For Marijuana Investment

The cannabis sector remained extremely volatile, with 7 double-digit percentage gainers and 8 double-digit percentage losers.  About half the stocks had volume above the 30-day average, but, unlike the past few days, many of the losers traded heavy volume.  9 stocks traded over $5mm in value.

Note:  The list has expanded to include the complete universe

5 Ways to Play the Hottest Trend in Cannabis

Plandai Biotechnology led the way, blasting to another multi-year high on record volume.  Similarly, Tranzbyte (ERBB) posted its highest close in years, as volume expanded but was well below recent highs.  Hemp, Inc. (HEMP) enjoyed its highest close since last February as volume increased.  GW Pharma (GWPH) closed at the highs of the day as volume increased slightly from yesterday.

Alternative Energy Partners (AEGY), which is PharmaJanes.com, soared to a new recent high but then fell by 50% on huge volume.  Easton Pharma (EAPH) gapped up but then quickly reversed as volume remained elevated.  SK3 (SKTO) showed the exact same pattern.  

Press Releases:

• EDXC
• HEMP
• MJNA

 

ARE YOU A MARIJUANA MARKET MAVEN?

Prove it at the free 420 Investor Pool at StockPools.com

1st Prize:  $500 Cash  plus 1-year subscription to 420 Investor

 

 

The Daily Dab is brought to you by 420 Investor, a large and rapidly growing community of Green Rush investors seeking to capitalize on cannabis.  For just a little over a dollar a day on an annual subscription ($420), you can get all of the benefits of being a part of 420 Investor, including analysis, alerts, trade recommendations, chat and video updates.  Find out why 420 Investors are addicted to the service.  To learn more about the sector, download your free guide. 

 

 

 

 

 

 

The Daily Dab: A Quick Hit On Cannabis Stocks 01/27/14

Mountains Of Money Amassing For Marijuana Investment

Again, cannabis-related stocks traded higher on balance, but there were some definite exceptions as he action remains quite volatile.  Volumes picked up, with most stocks trading above the 30-day average, and 6 stocks traded over $5mm in value.

5 Ways to Play the Hottest Trend in Cannabis

Plandai Biotech (PLPL) soared to a multi-year a high as volume soared to a record.  Cannabis Science (CBIS) had its highest close in years as volume increased.  Medical Marijuana, Inc. (MJNA) traded to the highest level in almost a year and led the market in dollar volume.  Terra Tech (TRTC) rallied sharply after going effective on its S-1 filing.

CannabisSativa (CBDS), which had soared from about 1 to as high as 18 recently following the appointment of Steve Kubby as CEO, gave up ground today as volume accelerated.  Another recent high-flier, Advanced Cannabis Solutions (CANN), retraced a bit.  CannaVest (CANV) continued the theme of low-float stocks pulling back.  

Press Releases:

• MNTR
• MWIP
• TRTC

 

ARE YOU A MARIJUANA MARKET MAVEN?

Prove it at the free 420 Investor Pool at StockPools.com

1st Prize:  $500 Cash  plus 1-year subscription to 420 Investor

 

 

The Daily Dab is brought to you by 420 Investor, a large and rapidly growing community of Green Rush investors seeking to capitalize on cannabis.  For just a little over a dollar a day on an annual subscription ($420), you can get all of the benefits of being a part of 420 Investor, including analysis, alerts, trade recommendations, chat and video updates.  Find out why 420 Investors are addicted to the service.  To learn more about the sector, download your free guide. 

 

 

 

 

 

 

5 Ways To Play The Hottest Trend In Cannabis

With the implementation of legal, recreational cannabis in Colorado going smoothly, Washington's implementation on the way this spring and talk of many other states considering legalization, marijuana stocks have been quite strong this month.

While the entire sector is performing well, one part of the market capturing attention early in the year is vaporization. For those not familiar with this method of consuming cannabis, it involves heating liquid or wax concentrates (or even leaf), but without burning it. Industry think-tank Arcview Market Research pointed to the trend in its State of the Legal Marijuana Markets, 2nd Edition report.

There are many benefits to "vaping" compared to smoking, including less waste, fewer health risks, easier concealment and a more potent THC hit. Investors in public stocks can't yet invest directly in marijuana concentrates, but there are five stocks poised to benefit from the trend toward vaping.

 

READ MORE

Mountains Of Money Amassing For Marijuana Investment

The cannabis sector is off to a great start in 2014. I will provide my typical monthly review next week, but I wanted to address a key issue separately. While ending prohibition, which Colorado has done and which Washington is currently implementing, is an obvious first step, it takes a lot more than legal change: It takes capital. The mainstream media is certainly picking up on this, with Time Magazine recently discussing it in a feature story.

The industry is in transformation, with production shifting from the black market to the for-profit sector. As I will describe, this is creating opportunities, though perhaps more for private investors than public investors. Still, as I detail, some publicly-traded cannabis stocks appear to be poised to capitalize on these changes.

I visited Colorado last week and met with both publicly-traded and private companies. I visited Pablo Duran's "Garden of the Gods" dispensary in Denver and witnessed how a large-scale grow operation works. Here is what it looks like from the outside:

READ MORE

The Daily Dab: A Quick Hit On Cannabis Stocks 01/24/14

Continuing the trend of volatility within the cannabis sector, Friday's action included some big winners and big losers.  9 stocks traded with above-average volume, and most of them were the best performers as well.  6 stocks exceeded $5mm in trading.

Mentor Capital (MNTR), which fell 50% from its peak last week to the low yesterday, rebounded to lead the way, closing up marginally for the holiday-shortened week.  Plandai Biotechnology (PLPL) had its best close since September as volume exploded.  mCig (MCIG) produced the kind of high marijuana investors crave, posting its best levels since the merger on its best volume in over two weeks  as the market reacted to its acquisition of Vapolution. Terra Tech (TRTC) was strong out of the gate and finished at the high of the day as the market better understood the news from yesterday's Huffington Post article suggesting that the company will apply for a license in Nevada to grow cannabis.  Nuvilex (NVLX) had its best close since May on the highest volume in over two years.   CannaVest (CANV) blasted to a new all-time high on record volume.  At the closing price, the market cap, assuming the company is successful selling all 10mm shares of restricted stock it is offering at $1 and that all convertible notes are converted, is almost $3 billion.  Medical Marijuana, Inc. (MJNA) tested levels not seen since last March as volume remained elevated.

Creative Edge Nutrition (FITX) apparently flopped at Arcview, and the stock sold off .  Endexx (EDXC), its technology partner, was also hit with profit-taking .  FusionPharm (FSPM) also posted a strong week but was hit with profit-taking.  Here is a picture of a model in their factory (from Tuesday):

 

Press Releases:

• MCIG

 

ARE YOU A MARIJUANA MARKET MAVEN?

Prove it at the free 420 Investor Pool at StockPools.com

1st Prize:  $500 Cash  plus 1-year subscription to 420 Investor

 

 

The Daily Dab is brought to you by 420 Investor, a large and rapidly growing community of Green Rush investors seeking to capitalize on cannabis.  For just a little over a dollar a day on an annual subscription ($420), you can get all of the benefits of being a part of 420 Investor, including analysis, alerts, trade recommendations, chat and video updates.  Find out why 420 Investors are addicted to the service.  To learn more about the sector, download your free guide. 

 

 

 

 

The Daily Dab: A Quick Hit On Cannabis Stocks 01/23/14

Cannabis stocks continued to trade with volatility, with several stocks soaring and others plunging.  Volume picked up, with 11 names trading above the 30-day average and five clearing $5mm or more in total dollar volume.

The big winner was Tranzbyte (ERBB), which announced the first dispensary to carry the Altitude Organix ZaZZZ machine.  mCIG (MCIG) bolted higher on expanded volume, closing near its early September high.  Nuvilex, which has a cannabis-focused subsidiary, jumped from its base on its second highest volume over the past year.  Medical Marijuana, Inc. (MJNA) traded to the highest level since last March on heavy volume. CannaVest (CANV) posted an all-time high.  Creative Edge Nutrition (FITX) was particularly active and volatile, closing just below the VWAP.  The company presented in Las Vegas at the Arcview conference.  CEO Bill Chaaban continues to lean heavily on Facebook to disseminate news. GrowLife (PHOT) rose moderately.  A recently appointed board member purchased 225K shares at 0.19 on 1/13.

Mentor Capital (MNTR) reversed sharply on heavy volume after recent gains.  Volume expanded at Advanced Cannabis Solutions as the stock continued to consolidate recent gains.  Cannabis Medical Payment Solutions (REFG) fell after an early run fueled by substantial email promotions overnight.  

Press Releases:

• ERBB

 

ARE YOU A MARIJUANA MARKET MAVEN?

Prove it at the free 420 Investor Pool at StockPools.com

1st Prize:  $500 Cash  plus 1-year subscription to 420 Investor

 

 

The Daily Dab is brought to you by 420 Investor, a large and rapidly growing community of Green Rush investors seeking to capitalize on cannabis.  For just a dollar a day on an annual subscription ($360), you can get all of the benefits of being a part of 420 Investor, including analysis, alerts, trade recommendations, chat and video updates.  Find out why 420 Investors are addicted to the service.  To learn more about the sector, download your free guide. 

 

 

 

The Daily Dab: A Quick Hit On Cannabis Stocks 01/22/14

Cannabis stocks were mixed, with 9 stocks posting above-average volume and 15 stocks trading more than $1mm:

FITX, which is presenting at Arcview's conference this week, continued its run on increased volume.  CannaVest (CANV) busted to all-time highs on its highest volume yet.  Vape Holdings (PLPED) enjoyed another strong day after  CEO Tracey's interview earlier this week.  Cannabis Sativa (CBDS) notched its second-highest close on increased volume.  Endexx (EDXC) extended recent gains as volume remained elevated.  GrowLife (PHOT) reversed its recent slide and was the most active name in terms of dollars traded.  Medical Marijuana, Inc. (MJNA) released preliminary data indicating that HempMedsPX had net sales in excess of $1mm, with the stock moving to its highest close since mid-August.

FusionPharm (FSPM) reversed some of its big gains as volume slowed. Mentor Capital (MNTR) gave up ground as well.  Terra Tech (TRTC) was hit early following the veto of the NJ hemp bill by Governor Christie.

Press Releases:

• MCIG
• MJNA

 

ARE YOU A MARIJUANA MARKET MAVEN?

Prove it at the free 420 Investor Pool at StockPools.com

1st Prize:  $500 Cash  plus 1-year subscription to 420 Investor

 

 

 The Daily Dab is brought to you by 420 Investor, a large and rapidly growing community of Green Rush investors seeking to capitalize on cannabis.  For just a dollar a day on an annual subscription ($360), you can get all of the benefits of being a part of 420 Investor, including analysis, alerts, trade recommendations, chat and video updates.  Find out why 420 Investors are addicted to the service.  To learn more about the sector, download your free guide.