TOP FIVE MARIJUANA STOCKS
New York, NY -- (SBWIRE) -- 08/27/2014 -- A Quick Pick List of Some of the Market's Top Marijuana Focused Companies provided by Investor News Source. For more, subscribe to the free stock newsletter at http://www.investornewssource.com and follow @InvestorNewsSrc on Twitter
The recent trend towards the legalization of marijuana use for medicinal purposes has grabbed the attention of many budding entrepreneurs, as many large companies have started to exploit this niche in the pharmaceutical industry. This year the marijuana stocks really picked up steam.
Most marijuana companies have failed to surprise their investors but some symbols have really pleased their stockholders. Some companies have even seen increases in stock prices of nearly 900% since the companies first went public. However, this staggering figure is less of a norm and more an exception, with many companies giving negative returns to investors.
Nevertheless, if you feel that the medical marijuana industry is ready to be your gold mine then the following symbols may be of a good use to your mining kit.
American Green Inc (ERBB)
"American Green Inc, formerly The Tranzbyte Corporation, is a driving force behind Altitude Organic Corporation, One Bode, The YO! Debit Card, and ProximaRF. Altitude Organic Corporation is a medical marijuana dispensary brand. It has developed retailing, branding, and commercial cultivating strategies in conjunction with its licensed medical marijuana retail dispensaries operating under the Altitude Organic Medicine brand name. In July 2014, the Company purchased assets including all inventory, business name and all Web presence of Valley Hydroponics and Organics. In July 2014, the Company announced that it has sold all the assets of its wholly owned subsidiaries OneBode Holdings LLC and OneBode Ventures LLC."-Reuters
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Cannabis Science (CBIS)
"Cannabis Science, Inc. is a development-stage company. Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce, and commercialize phytocannabinoid-based pharmaceutical products. The Company is dedicated to the creation of cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance. The Company is engaged in medical marijuana research and development. The Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce, and commercialize phytocannabinoid-based pharmaceutical products. On February 9, 2012, the Company acquired GGECO University, Inc. (GGECO). On March 21, 2012, the Company acquired Cannabis Consulting Inc. (CCI Group)." -Reuters
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GrowBLOX Sciences, Inc (GBLX)
GrowBLOX Sciences, Inc., is a research and biotechnical company that has developed proprietary indoor growing chambers specifically designed for medical cannabis cultivation. The GrowBLOX chamber allows for completely controlled growing conditions, ensuring the manufacture of a consistent, toxin-free, natural and medicinal-grade product. The Company believes that the advantages of a controlled environment over traditional outdoor or greenhouse growing, will empower the public, nutraceutical and pharmaceutical industries to embrace cannabis as an effective treatment for a myriad of serious medical conditions.
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MediSwipe (MWIP) (NOW Agri Tech inc)
Agritek Holdings Inc., formerly MediSwipe Inc., offers a transaction processing and security solutions for the medical and healthcare industries, using traditional, Internet Point-of-Sale (POS), e-commerce and mobile (wireless) payment solutions. The Company's electronic payment processing suite of services will enable clients to accept all credit cards, in store or online, debit and automated teller machine (ATM) cards and ACH check drafts for payment whether a retail, service, mail-order or Internet merchant. The Company's card-based processing services enable merchants to process both traditional card-present, or swipe, transactions, as well as card-not-present transactions. The Company also operates online payment processing services, gift and loyalty card program programs and prepaid debit cards for consumers through 800 Commerce Inc., the Company's subsidiary, under the domain name www.800Commerce.com. It has show support for medical related marijuana. -Reuters
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GW Pharmaceuticals (GWPH)
GW Pharmaceuticals plc is a United Kingdom-based company. The Company is engaged in the research, development and commercialization of a range of cannabinoid prescription medicines to meet patient needs in a range of medical conditions. The Company is developing a portfolio of cannabinoid medicines, of which the main product is Sativex, an oromucosal spray for the treatment of Multiple Sclerosis (MS) symptoms, cancer pain and neuropathic pain. The Company operates in three segments: Sativex Commercial, Sativex Research and Development and Pipeline Research and Development. The Company's wholly owned subsidiaries include GW Pharma Limited, G-Pharm Limited, Cannabinoid Research Institute Limited, Guernsey Pharmaceuticals Limited and GWP Trustee Company Limited. -Reuters
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