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  • Marijuana Stocks ( HEMP, CBIS, MJNA) Are Exploding! 1 comment
    Oct 16, 2012 3:46 PM | about stocks: CBIS, MJNA

    Every few months depending on the latest legislation Marijuana stocks heat up and when they do the usual suspects such as Cannabis Science, Inc (OTC: CBIS) Medical Marijuana, Inc (PINK: MJNA) and HEMP, Inc. (PINK: HEMP) explode on a huge increase in demand for the stock.

    According to Bruce Perlowin, CEO of Hemp, Inc a Spike in Medical Marijuana and Industrial Hemp Stocks is projected for Entire Industry Sector "Two weeks before the election is when all the action starts. We have medical marijuana on the ballot in Arkansas, Missouri, Pennsylvania, Illinois, New York, Massachusetts, and Ohio. You have industrial hemp on the ballot in Colorado, New Hampshire, New Jersey and New Mexico. Then they're trying to legalize the recreational use of marijuana in Colorado, Washington and Oregon.

    The activist organizations (Marijuana Policy Project, Law Enforcement Against Prohibition, Americans for Safe Access, NORML and many other groups) that run the campaigning for legalization have a very particular strategy; they wait until 2 weeks before the election and then start a massive media campaign... an all-out blitz to educate people so they can vote yes.

    Naturally this media blitz on Marijuana creates sudden massive demand for stocks in the sectors hence the explosion in price and volume on CBIS, MJNA and HEMP

    MJNA has been on fire in recent sessions moving from a start point of around $0.05 the stock has quickly risen over the $0.08 level with highs over $0.09 CBIS was trading for as low as $0.04 last week has risen over $0.06 on increased volume but dropped into the close today to the $0.045 level. HEMP has exploded in recent weeks from a start point of around $0.01 the stock has risen to highs near $0.04 per share!

    As we get closer to the elections and the marijuana media blitz continues expect continued massive trading volume and upside for our three junior marijuana stocks!

    OTCMagic.com is quickly becoming the preeminent destination for up to date information on the hottest stocks in Penny stock World.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: CBIS, MJNA, HEMP Stocks: CBIS, MJNA
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  • MMJViceroy
    , contributor
    Comments (2) | Send Message
     
    Colorado is the only state in the country where medical marijuana can be sold by for profit companies. If you are seeking an opportunity to hold an equity position in a for-profit company be warned, you cannot unless you already have two years residency in Colorado. BUT, there is an exciting way for you to make some money by lending to the industry. As is repeated in many reports there are no banks who will lend to dispensaries, no matter how much profit they generate. That's where you come in... if you can lend $5,000 to $250,000 for a short time and you want to earn an interest rate from 10% to 30% then please contact me today by clicking on my name above and reading my profile.

     

    Then you can tell all your friends you are "in" the medical marijuana industry and more importantly you can help sick patients get access to the same high potency cannabis they purchase now for less money than they pay today. (note: This is not an offer to sell a security of any kind).
    22 Nov 2012, 04:07 PM Reply Like
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