Penny Stocks: Four Cannabis Stocks for Your List on Monday 3/28/2016
CORAL GABLES, FL / ACCESSWIRE / March 28, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. VAPE, HEMP, TRTC, and CBIS have been added to our watchlist today. Continue reading to find out why. – To get daily alerts on top stocks on the OTCQB, OTCQX, Nasdaq, NYSE, and OTCBB, subscribe to our newsletter at DailyStockReporter.com.
Vape Holdings, Inc. (OTCQB: VAPE) announced earlier this month that it had closed on the second tranche of a debt restructuring and consolidation plan targeting the Company’s approximately $1,000,000 in convertible debt. Since making the announcement, the stock has climbed from 0.053 to highs early Monday morning (3/28) $0.059 (at the time of this release). Volume has also begun to increase during the last 3 trading days in line with other related stocks within the space. On Friday (3/25) the company filed a Form 8-K revealing several key updates to its debt restructure. VAPE Holdings, Inc. focuses on designing, marketing, and distributing various vaporization products. The company offers medical and food grade ceramic products primarily under the HIVE Ceramics brand throughout North America, Europe and South America.
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Hemp Inc. (OTC: HEMP) announced this morning that Hemp, Inc.’s Industrial Hemp and Medical Marijuana Consulting Company and Green Cures & Botanical Distribution Inc. (GRCU) signed consultant agreement whereby the company will assist Green Cures & Botanical Distribution Inc. in building a strong foundation that will enable the company to lead the way in cultivation at the public level. Since early March, shares of HEMP have increased in price from a level of $0.037 to highs on Monday of 0.0576. Volume has also increased at levels that are above the average daily volume seen prior to this month.
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Terra Tech Corp. (OTCQX: TRTC) is a vertically integrated, cannabis-focused, agriculture company. Last week the company announced that it will be releasing its year end 2015 results on Tuesday, March 29, 2016 after U.S. markets close. With this being anticipated, shares of TRTC have increased by more than 160% since March 11. With regard to earnings, the company will also host a conference call on Tuesday, March 29, 2016 at 4:30pm Eastern Time.
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Cannabis Science, Inc. (OTC: CBIS) announced last Thursday (3/24) that the Company has negotiated a major new drug development and facilities deal in the State of Nevada. The premises include an approximately 360,000 sq. ft. licensed cannabinoid grow and a separate formulation processing operation in Nevada. Since March 11, 2016 the stock has climbed up in price by more than 110%. Cannabis Science is a U.S. company specializing in the development of cannabis-based medicines.
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