CannaVest up big after CO OK's hemp production

The Colorado Department of Agriculture extends a Commercial Industrial Hemp Registration to CannaVest (CANV). This permits the company to grow and process industrial hemp.

The first harvest may happen as early as September.

Share are up 48% to $25 on 96K shares in today's trading.

Average daily turnover is only 21K shares so retail investors should tread carefully.


Comments (2)
  • trabob
    , contributor
    Comments (1847) | Send Message
    I will take anything in the pot market that is in the green as a lose for the SEC
    even knowing they will want to shut these down now
    16 Apr 2014, 02:59 PM Reply Like
  • Jeffjacobjames
    , contributor
    Comments (1179) | Send Message
    Yes trabob, like they tried to do by halting CANN for ten days! It's trading up today in sympathy with CANV. I'm long CANN!
    16 Apr 2014, 05:49 PM Reply Like
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