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The Daily Dab: A Quick Hit On Cannabis Stocks 03/31/14

Denver, CO

 

Cannabis stocks closed out a fantastic quarter with decent gains as 67% of the companies rose in price.   There were 11 double-digit percentage gainers and  just 2 double-digit percentage losers.  Stocks with volume above the 30-day average fell to 25% from 29%, with just 4 stocks trading over $5mm in value.  None of the 10 highest dollar-volume stocks fell in price.

US Energy Initiatives (USEI) posted a new high as volume increased.  Tauriga Sciences (TAUG) shot higher on higher volume, recovering from Friday's steep losses after the company announced a private placement of its shares and the refinancing of some debt.  PotNetwork420.com (UTRM) recovered some recent losses as volume tapered.  Enertopia (ENRT) has almost doubled from Friday's low as volume accelerated.

Zoned Properties (ZDPY) was slammed by the sudden departure of the CEO, with volume picking as the stock has now lost 75% of its value since peaking in early March.  Mountain High Acquisition (MYHI), another property play and a recent reverse merger, fell as volume accelerated.  AVT, Inc. (AVTC) broke $3 for the first time since early January as volume picked up.  Plandia Biotechnology (PLPL) closed below $1 for the first time since late January as volume jumped higher.

Press Releases:

• BRDT
• EAPH
• ENDX
• MJNA
• PHOT
• TAUG
• TTDZ
• UTRM
• ZDPY

 

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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. 

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The Daily Dab: A Quick Hit On Cannabis Stocks 03/28/14

Denver, CO

 

Cannabis stocks were weak yet again, limping into the end of a great quarter for the sector as  63% of the companies fell in price.   There were 6 double-digit percentage gainers and  10  double-digit percentage losers.  Stocks with volume above the 30-day average fell to 29% from 37%, with 6 stocks trading over $5mm in value.  6 of the 10 highest dollar-volume stocks fell in price.

The excitement over the Tweed debut and the kick-off of the MMPR program in Canada sparked interest in Abattis Bioceuticals (ATTBF) and Enertopia (ENRT), both of which jumped on lower volume.  Enertopia was profiled recently, when CEO Robert MacAllister discussed the company.  CEO Mike Withrow participated in a webinar earlier this month.  Minerco Resources (MINE) recovered the prior day's losses as volume picked up.  Tranzbyte (ERBB) also recovered some of its recent losses, though volume contracted.

Property player Zoned Properties (ZDPY)  plunged, hurt perhaps by the SEC halt yesterday of Advanced Cannabis Solutions (CANN), with volume accelerating.  Vape Holdings (VAPE) fell for the 7th out of the last 8 days, with volume picking up.  CannaVest (CANV), which filed its 10-K after the close, sold off again on the highest daily volume ever.  The 10-K highlighted $15mm of additional fund-raising required and suggested the company won't be cash flow positive in 2014. Tauriga Sciences (TAUG) recovered about half of its gains after dropping to $0.05, with volume increasing.

Press Releases:

• ERBB
• LATF
• PLPL

 

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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. 

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The Daily Dab: A Quick Hit On Cannabis Stocks 03/27/14

Cannabis stocks were weak again, with 85% of the companies falling in price.  An SEC halt of a leading company and a negative Seeking Alpha article about another led to widespread selling.  There were 2 double-digit percentage gainers and  19  double-digit percentage losers.  Stocks with volume above the 30-day average jumped to 37% from 27%, with 6 stocks trading over $5mm in value.  7 of the 10 highest dollar-volume stocks fell in price.

US Energy Initiatives (USEI) moved to 2014 highs on heavy volume.  Terra Tech (TRTC) responded favorably to a positive Seeking Alpha article as volume picked up from low levels over the prior two days.  Nuvilex (NVLX) was marginally higher following a late-in-the-day rally, with volume slipping and well below the recent average.

Enertopia (ENRT) saw volume pick up as its recent decline accelerated, with the stock down more than 50% over the past week.   Primco Management (PMCM) gave up all the prior day's gains as volume declined.  Vapor Group (SPLI) was hit hard by a Seeking Alpha article but bounced almost 50% off the intraday low following a pre-release of financials.  CannaVest (CANV) broke its February lows on the highest volume of the year.

Press Releases:

• CANN
• FSPM
• FULL
• MJNA
• SPLI
• SPLI 2
• USEI
• VAPE

 

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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. 

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The Daily Dab: A Quick Hit On Cannabis Stocks 03/25/14

Support the 1st Amendment and Help Fight Bullying Pink-Sheet Companies 

Cannabis stocks were mixed after four consecutive declines, with half the companies rallying and the other half in decline.  This is a big week for the sector, with many of the companies scheduled to release annual filings or disclosures.  There were 8 double-digit percentage gainers and  6 double-digit percentage losers.  Stocks with volume above the 30-day average declined to 39%, with 6 stocks trading over $5mm in value.  5 of the 10 highest dollar-volume stocks rose in price.

      

 

Update on Canada's New MMJ Rules

 

Direct (DIRV) exploded higher from a four-week base on massive volume.  Primco Management (PMCM) posted a new high as volume accelerated.   Latteno Foods (LATF) closed beneath the February peak but at its highest level in March, with volume picking up.  Advanced Cannabis Solutions (CANN) was strong from the opening bell and closed near the highs of the day, with volume falling.

Rapid Fire Marketing (RFMK) opened higher, failed at the prior day's highs and gave up most of yesterday's gains as  volume fell.   United Treatment Centers (UTRM) fell on sharply lower volume. Abattis Bioceuticals (ATTBF ) broke the 10ma, closing below it for the first time this month, with volume declining.   IMD Companies (ICBU)  gapped higher before reversing, with volume picking up.

 

Press Releases:

• DIRV
• EAPH
• ERBB/ICBU
• GRNH

 

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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. 

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The Daily Dab: A Quick Hit On Cannabis Stocks 03/24/14

Support the 1st Amendment and Help Fight Bullying Pink-Sheet Companies 

Cannabis stocks were weak for the fourth straight day, with 71% of the group declining.  This is a big week for the sector, with many of the companies scheduled to release annual filings or disclosures.  There were 6 double-digit percentage gainers and  12 double-digit percentage losers.  Stocks with volume above the 30-day average rose to 49%, with 8 stocks trading over $5mm in value.  7 of the 10 highest dollar-volume stocks declined.

     

 

BreedIT (BRDT):  Overvalued or a Hidden Gem?

 

Rapid Fire Marketing (RFMK) continued its climb following its announcement of an uplisting to OTC last week, with volume setting a record.  IMD Companies (ICBU) posted a record high close on higher volume.  Tranzbyte (ERBB) fell just shy of $0.10 with volume picking up - this stock began the year below $0.01.  Terra Tech (TRTC) bounced back strongly, ending a slide as it filled some gaps it had left behind but on reduced volume.

The news in Canada regarding the phase-out of the old program weighed on Enertopia (ENRT), with volume accelerating.  The big winner from Friday, Anything Tech Media (EXMT), gave up ground but on lower volume.  CannaVest (CANV) continued its decline from $201 last month as volume picked up.  Advance Cannabis Solutions (CANN) bounced off of the 50dma, with volume accelerating.  GrowLife (PHOT) gapped lower following the drama related to its RXNB acquisition, which is now scheduled to close by early April.  mCig (MCIG) was hammered by an article that questioned its valuation.  The article was pulled after the market closed.

 

Press Releases:

• ATTBF
• ENRT
• FITX/PHOT
• FSPM
• PLPL
• PMCM
• SKTO
• TAUG
• TRTC
• VAPE

 

Interested in Cannabis Stocks?

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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. 

 

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The Daily Dab: A Quick Hit On Cannabis Stocks 03/21/14

MJ stocks were weak for the third straight day, with 65% of the group declining.  There were 7 double-digit percentage gainers and  8 double-digit percentage losers.  Stocks with volume above the 30-day average rose to 37%, with 6 stocks trading over $5mm in value.  8 of the 10 highest dollar-volume stocks declined.

    

Anything Tech Media (EXMT), which has a large stake in IMD Companies (ICBU), surged to a new high on the second highest volume of the year.  Rapid Fire Marketing (RFMK) kept firing higher following the announcement yesterday of the uplisting.  Tranzbyte (ERBB) bolted higher following a press release.  Vapor Group (SPLI) posted a new closing high as volume contracted.

CannaBusiness Group kept plunging, now down 57% from the peak on Tuesday, with volume picking up from the prior day.  The company shared a presentation discussing a $5mm capital raise.  Mentor Capital (MNTR) also continued its descent, now down 59% from its peak last week following the Bhang Chocolate deal.  Advanced Cannabis Solutions (CANN) fell to its lowest levels of the month as volume jumped.  Terra Tech (TRTC) almost completely filled a gap it had left behind as volume picked up, with shareholders perhaps reacting to some small insider sales.  The stock has retraced over half of its gains this month.

Press Releases:

• ATTBF/ERBB
• CBGI
• MYHI
• TAUG

 

Interested in Cannabis Stocks?

Learn about the risks and opportunities

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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. 

 

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The Daily Dab: A Quick Hit On Cannabis Stocks 03/20/14

MJ stocks were weak for the second straight day, with 63% of the group declining.  There were 3 double-digit percentage gainers and  9 double-digit percentage losers.  Stocks with volume above the 30-day average fell to 32%, with only 5 stocks trading over $5mm in value.  7 of the 10 highest dollar-volume stocks declined.

   

Rapid Fire Marketing (RFMK) blasted higher on the announcement of an uplisting from the pink-sheets.  Nuvilex (NVLX) bounced back after opening lower but stalled at the 10-day moving average as volume fell slightly.  The company released news related to its core business and not its cannabis efforts.  Growlife (PHOT) bounced after opening lower, with volume declining slightly as it successfully tested the 10dma.  

CannaBusiness Group (CBGI) posted another sharp loss as volume shrank.  Mentor Capital (MNTR) also was in retreat, with volume picking up sharply.  Greengro Technologies (GRNH) opened higher following news of a capital raise but  closed just above the 10dma as volume expanded.  CannaVest (CANV) sunk as investors learned of insider selling over the past two months that was reported before the market opened, with Stuart Titus cashing out almost $7mm.

Press Releases:

• CANV
• GRNH
• MJNA
• RFMK

 

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Learn about the risks and opportunities

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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. 

 

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The Daily Dab: A Quick Hit On Cannabis Stocks 03/19/14

The sector opened higher but reversed, with 59% of the group declining.  There were 7 double-digit percentage gainers and  4 double-digit percentage losers.  Stocks with volume above the 30-day average was stable at 41%, with 8 stocks trading over $5mm in value.  

  

Primco Management (PMCM) moved to a three-week high on sharply higher volume.  Dewmar International BMC (DEWM) jumped on higher volume after releasing quarterly results.  Breedit (BRDT) shot to a record high on almost record volume.

CannaBusiness Group (CBGI) was sharply lower after an opening bell gap higher, with volume accelerating.  Yesterday's big winner, Latteno Foods (LATF), reversed after testing yesterday's highs, with volume contracting.  Growlife (PHOT) fell for a second consecutive day.  Vape Holdings (VAPE) was weaker following a negative article on Seeking Alpha.

Press Releases:

• DEWM
• EAPH
• MJNA
• REFG
• TWD

 

 

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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. 

 

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The Daily Dab: A Quick Hit On Cannabis Stocks 03/18/14

The sector rallied again, with 58% of the group risng.  There were 11 double-digit percentage gainers and  4 double-digit percentage losers.  Stocks with volume above the 30-day average was stable at 44%, with 8 stocks trading over $5mm in value.  

  

 Latteno Foods (LATF) bolted higher following the release of earnings, with volume jumping to levels not seen since early February.  Vapor Group (SPLI) set a new high on slightly higher but below-average volume.  Zoned Properties (ZDPY) bounced back after having lost over 1/2 its value from the peak earlier this month.

Tauriga (TAUG) led the way lower but failed to close the gap.  Easton Pharma (EAPH) stalled at yesterday's highs and then reversed sharply lower.  Growlife (PHOT) was hammered following a negative article on Seeking Alpha.  

Press Releases:

• LATF
• MCIG
• MWIP
• MYHI
• PLPL

 

 

The Daily Dab: A Quick Hit On Cannabis Stocks 03/17/14

It was only fitting that the Green Rush stocks enjoyed a green St. Patrick's Day, with 61% of the group risng.  There were 15 double-digit percentage gainers and  4 double-digit percentage losers.  Stocks with volume above the 30-day average increased to 45%, with 9 stocks trading over $5mm in value.  

 

 

 

 

Press Releases:

• GWPH
• PHOT/VAPE

 

 

Interested in Cannabis Stocks?

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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. 

 

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