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A few to chew on: Cannabis play CANA bullish earnings..revs up 57%


Focus:
 
 
Last week CANA saw pullback support in mid 3s and started bounce back to upper 3s.......todays rpt could accelerate domr...
CANA.PK General Cannabis Reports First Quarter 2011 Results Marketwire Mon 8:00AM EDT
 
 
 
Recall LJPC pickup friday....Settled down following, but may want to monitor the recent trending..
La Jolla Pharmaceutical Co. (NASDAQ:<a href='https://seekingalpha.com/symbol/LJPC' title='La Jolla Pharmaceutical Co.'>LJPC</a>)
Chart forLa Jolla Pharmaceutical Co. (<a href='https://seekingalpha.com/symbol/LJPC' title='La Jolla Pharmaceutical Co.'>LJPC</a>)


 
 
 
 
 
 
 
 
 
 
LNKD ipo followup for volatility...quick in/outs...
 
 
 
 
Best strength from prior mentions:
 
SFIO was best volatility last week....keeps acting up......notice the sharp late day lift....
Smokefree Innotec, Inc. (<a href='https://seekingalpha.com/symbol/SFIO' title='Smokefree Innotec, Inc.'>OTCPK:SFIO</a>)
Chart forSmokefree Innotec, Inc. (<a href='https://seekingalpha.com/symbol/SFIO' title='Smokefree Innotec, Inc.'>OTCPK:SFIO</a>)

 
 
 
 
 
5-10
 
 
 
 
 
 
 
3-5
 
INVE up .35.....was upside mention last week....
 
1-2
 
 
 
CPST up .03
 
 
CPSL flat at 1.30....sturring...
P/E (ttm): 14.44
EPS (ttm): 0.09
 
 
 
 
ABHD saw a pickup off of .80 latter frdaiy.....Recall channeling .80 - 1.15 discussions / frequent popping back above a buck since the Waste Management deal....
 
 
 
 
 
 
Under 1
 
 
BQI up .04 at .49.....
 
 
 
 
 
 
Outside:
 
BYRG a few newsletter citing...
 
 
 
 
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CTICD down .14.....
 
 
 
 
 
 
 
 
 
 
 

Total revenue for the first quarter ended March 31, 2011 was $2.7 million, an increase of 55% over revenue of $1.7 million in the first quarter of 2010. The increase in revenue was primarily due to continued strong growth of WeedMaps Media, our industry leading, on-line community and finder site for cannabis, patients, dispensaries and medical clinics.  ...

...."We're pleased with the continued momentum in our business, and particularly at WeedMaps Media," said Jim Pakulis, CEO of General Cannabis. "As the largest dispensary finder site and on-line medical marijuana community in the United States, WeedMaps is committed to providing doctors and dispensaries with the industry's most collaborative on-line community. As such, we will continue to enhance our technology platform by adding to the array of products offered on our dispensary menu and introducing new features such as our recently announced WeedMaps.com/doctors portal and Daily Deals program."