Cannabis Stocks for Your Summer Portfolio

CORAL GABLES, FL / ACCESSWIRE / June 26, 2015 / Summer is underway and the popularity of marijuana is growing rapidly by the day, cannabis stock investors have reaped the benefit of these positive events taking place in the cannabis community. Thursday was a big day in the battle for legalizing Marijuana in the United States. Massachusetts is set to open its first medical marijuana dispensary called Alternative Therapies Group. Summer months historically are known as slow months in the market but not if you are investing in the cannabis space. Marijuana stocks have not slowed down since the beginning of summer as more speculation and interest continue to arise.

FBEC Worldwide Inc. (OTC:FBEC) is one cannabis stock that has turned up the heat during the summer. The company offers a signature H.E.M.P infused energy shot similar to 5- hour energy shots. FBEC has had a staggering run since May from lows of $0.02 to highs of $0.12 in June. The company recently entered into an agreement with J&D Labs to start manufacturing hemp nutraceuticals. CEO Robert Sand stated, “We are making a commitment with J&D Labs that would meet our longer term objectives in manufacturing our future hemp-based nutraceutical products.”

Totally Hemp Crazy Inc (OTC:THCZ) has also garnered attention over the better part of this year and moving from around $0.01 at the end of 2014 to highs of $0.32 earlier this quarter. The Company focuses on developing its own hemp infused beverage branded as Rocky Mountain High. Recently Totally Hemp launched its own clothing line. Jerry Grisaffi, Founder of Totally Hemp Crazy, stated, “We have formed the Rocky Mountain High Clothing Company as a wholly owned subsidiary of THCZ and we are proud to have launched such a beautiful line of trendy clothing that attempts to embody the interests, attitudes and opinions of the hemp lifestyle. We are happy to announce that Heidi Estep will be the President of the newly formed division. Ms. Estep brings with her a creative mind in casual clothes designs and fun looking products.”

Outside of ingestible products, there has been a boom within the hospitality space. The MaryJane Group (OTC:MJMJ) has blazed a trail in the bed and breakfast as well as cannabis resort markets. Next month the doors will open on its recently debuted Bud+Breakfast Mountain Resort – a 170-acre all-inclusive getaway in Durango, Colorado. Just south of the Rocky Mountains and near some of the state’s most beloved outdoor destinations, CannaCamp combines recreational marijuana use and education with a traditional ranch experience to create the country’s first-ever cannabis resort. This has been somewhat of a developing story since it had opened the first Bud and Breakfast previously. Shares of MJMJ have seen prices move from lows of $0.0013 earlier this month to highs of more than $0.01.

Joel Schneider, CEO of The MaryJane Group and operator of CannaCamp states, “We’re bringing an element of luxury to that adventurous, exploratory vibe of childhood summer camp – in a beautiful setting where visitors can enjoy marijuana in a safe, comfortable, social environment. And our offerings are extensive enough that even friends and companions who aren’t interested in the cannabis lifestyle will also enjoy this special retreat.”

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