The Daily Dab: A Quick Hit On Cannabis Stocks 01/21/14

Cannabis stocks were mainly higher today as volume slowed again.  Only four stocks experienced volume above the 30-day average, and only one stock traded more than $10mm:

FusionPharm (FSPM) moved to an all-time high on record volume.  FITX, which is presenting at Arcview’s conference this week, bounced off of the 10dma and enjoyed increased volume.  Vape Holdings (PLPED) bounced back following CEO Tracey’s interview.  Endexx (EDXC) enjoyed expanded volume and a record high close over the past year.  

GrowLife (PHOT) continued to trade weakly, hurt perhaps by a follow-up article on Seeking Alpha. mCig (MCIG) opened strongly but reversed. 

Press Releases:

• CANN
• PHOT
• PLPED

ARE YOU A MARIJUANA MARKET MAVEN?

Prove it at the free 420 Investor Pool at StockPools.com

1st Prize:  $500 Cash  plus 1-year subscription to 420 Investor

 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 dollar a day on an annual subscription ($360), 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.