Trends in Cannabis Industry Spur Momentum for Cannabis Stocks

CORAL GABLES, FL / ACCESSWIRE / June 8, 2015 / Major trends in the cannabis industry aren’t necessarily what you would imagine. Several industry experts including those at MarijuanaStocks.com have seen this market blossom into much more than growing and dispensing. In 2015, many of the market trends include those outside of physical contact with selling the bud and in fact, many have focused on hemp as a source of health related elements. FBEC Worldwide (FBEC) and Cannabis Science, Inc. (CBIS) have relied upon cannabis by harnessing the medical aspects of the plant while CannaGrow Holdings, Inc. (CGRW) has literally built upon the growing industry by implementing a more consultative approach as a facilitator and liaison to cannabis growers.

Just last week, FBEC Worldwide provided an update last week addressing certain concerns and developmental updates since the Company’s management restricting took place earlier this year. Coming current with OTC Markets to work toward OTCQB status, reducing its “unfavorable debt Instruments,” and expanding upon its current product line were all highlights of this release.  “In regards to our H.E.M.P.(TM)-branded energy shots and beverages, we plan to update our shareholders and future customers with announcements next week regarding partnerships and production plans to roll-out our new beverages,” stated Robert Sand CEO and Chairman of FBEC Worldwide, Inc.  Over the better part of the last month shares of FBEC Worldwide have increased from lows of $0.004 earlier in May to recent highs of $0.09 last Thursday representing an increase in price by as much as 2,150%.

Cannabis Science also had announced milestone news over the last few weeks.  Late in May the company released press discussing an historic collaborative drug development deal with IGXBio and its GenePro(R), a DNA-based immunotherapeutic that recently received FDA IND approval to enter into human trials.  The intent is for the companies to solidify a unanimous agreement to exhibit similarities of their perspective drug candidates in HIV in addition to the potential new drug candidates. “GenePro(R) is intended to promote an anti-HIV immune response to facilitate virus control in HIV-infected subjects,” stated James Laufenberg, President and CEO of IGXBio. “The pre-clinical development to date has been largely funded by $21 million in NIH grants. Our collaboration with Cannabis Science is designed to create new products for clinical development and commercialization in addition to utilizing GenePro(R) in a Phase I/IIa clinical trial.”

Shares of CBIS have consolidated to levels that it was at previous to the legalization of cannabis in Colorado back in 2014, at which point the stock price skyrocketed to highs of $0.295.

CannaGrow Holdings has also seen recent announcements fuel upswings in trading momentum.  Following lows in late March of $0.20, shares of CGRW have jumped by as much as 273% following highs of $0.75 in April.  The Company’s most recent announcement states that the Huerfano County Board of County Commissioners unanimously approved NuGro Industries’ amended Land Use Application No. 15-001.  Additionally, NuGrow’s conditional use permit will allow for the commercial cultivation of cannabis on the Colorado Buffalo Ranch Filing No. 5-Lot 61 by a licensed grower certified by the State.  “Now that the CUP has been issued, it is time to start with the Bennett Road improvements, the site grading, and preparation work for the building foundations,” states Delmar Janovec, CEO of CannaGrow. “The completion of this Project will provide CannaGrow the basis to begin generating revenues from the licensed Growers sub-leasing the Turnkey Growing Facilities being built to the specifications of CannaGrow consultants, Dr. John P. Janovec and Jason Wells.”

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