The Daily Dab: A Quick Hit On Cannabis Stocks 01/02/14
The year began with more of the same: Huge rallies on massive volume…
GreenGro Technologies led the way on its highest volume since last February, trading to levels not seen since April. Cannabis Science (CBIS) closed at an eleven-month high, with volume the highest in over a year. Hemp, Inc. (HEMP) closed at the highest level since late-August with volume soaring to a level not seen since then as well. mCig (MCIG) bounced back after a rough Tuesday, posting its highest volume ever . Medbox (MDBX) rallied sharply again. Founder Vincent Mehdizadeh appeared on iCannabisRadio on Monday. GrowLife (PHOT) posted a 52-week high again on the highest volume ever. Rob Hunt, President of GrowLife Hydroponics participated in a webinar on Monday, December 16th. You can view the 90-minute presentation and Q&A or a 8-minute synopsis. Medical Marijuana, Inc. (MJNA) closed at the highest level since late August on its highest volume in over a year. Terra Tech (TRTC) closed at the highest level since May as volume almost matched its recent best ever. CEO Derek Peterson participated in a live webinar on Wednesday, December 18th (slides and recording).
Endexx (EDXC) opened higher but reversed on above-average volume. GW Pharma (GWPH) posted a 52-week high and reversed.
What will cannabis stocks do in 2014?
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Source: http://ab.typepad.com/ab_analytical_services/2014/01/the-daily-dab-a-quick-hit-on-cannabis-stocks-010214.html
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