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Following are top three notable stocks in early trade on Wednesday:- Growlife Inc (OTCBB:PHOT), Tranzbyte Corporation (PINK:ERBB), Cannabis Science, Inc. (OTCMKTS:CBIS)
Growlife Inc (OTCBB:PHOT)’s shares gained 4.21% to $0.198 in early trade. The company on Jan. 21 announced the completion and review of its commissioned study on practical uses and most lucrative therapeutic applications for medical grade cannabis with one of the country's premiere botanical labs. GrowLife's senior management has identified several near-term opportunities for development and partnership using the guidance from the report and which are synergistic with the Company's core strengths and stated growth initiatives.
Additionally, on Jan. 3 the company announced the appointment of Alan R. Hammer to the Board of Directors. Hammer joins GrowLife via a Board seat allocated to CANX USA LLC, GrowLife's recently announced Joint Venture partner which has provided the Company with a capital pledge of up to $40 million U.S. for acquisitions, growth capital, and its GIFT program operating in the legal cannabis industry.
Is PHOT a Strong Buy After The Solid Rally In The past One Month? Let’s Find Out Here
TRANZBYTE CORPORATION (PINK:ERBB)’s shares gained 8.57% to $0.01. Last week, the company’s subsidiary OneBode International (pronounced One Body) had reached a cross marketing agreement where both parties anticipate will result in a highly mutually beneficial strategic alliance and increased sales for 2014 and beyond. DreamBrands (http://dreambrands.com) is a highly respected manufacturer and distributor of age-defying products including MDrive™ and XDrive™.
Should Investors Buy ERBB After The Recent Upmove? Don’t Miss Our Trend Analysis Here
Cannabis Science, Inc. (OTCMKTS:CBIS)’s shares surged 1.76% to $0.116, extending its 14% gain in yesterday’s session. The company on Jan. 16 announced plans for international observational studies and research in 2014. Cannabis Science is a cannabinoid portfolio company. Plans announced by Cannabis Science to launch an observational clinical research study in 2014 will focus on patient driven use of cannabis and cannabis based products and the clinical outcomes of such use for a variety of medical conditions. Cannabis Science will seek additional funding partners as well as academic and clinical collaborators for this project.
CBIS has been continuously conducting research into on cannabis and cannabinoids and in 2013 has also filed an application of a cannabinoid based patent and believes there is an enormous potential for the extension of its portfolio and filing of further patents.
How Should Investors Trade CBIS After The Recent Price Movement? Get Free Trend Analysis Here
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