Hemp, Inc. HEMP
By now our readers know quite well that we’ve been hot on the trail of cannabis stocks for a long time now. While specific plays catch our attention at different times, as a whole we continuously monitor the entire sector. One of our all-time favorites, HEMP, has provided traders with a golden opportunity over the past week. We last zeroed in on HEMP a week ago on Jan. 29th, and at the time the stock was trading at a low of .0685.
Since then it has been on an absolute tear, rocketing upward and yesterday reaching an astonishing high of .288. In just a week’s time, this play has afforded us the opportunity to gain up to 320%
We’re particularly interested in following the activities of this company because unlike a lot of the pot stocks we’ve tracked, it centers on the industrial hemp sub-sector, which scored a recent victory on Capitol Hill with the Fed’s green-lighting of commercial hemp production.
LAS VEGAS, Feb. 3, 2014 (GLOBE NEWSWIRE) — Hemp, Inc., (OTC:HEMP) America’s first all-industrial hemp public company, applauds the U.S. House of Representatives for legalizing the cultivation of hemp. For the first time in decades, the Federal government is allowing farmers to cultivate hemp. As of Wednesday, January 29, 2014, pursuant to the passage of the farm bill, the cultivation of industrial hemp is legal on a Federal level and is clearing the way for industrial hemp pilot programs in states such as Colorado, Washington, California, Kentucky, Maine, Montana, North Dakota, Oregon, Vermont and West Virginia, where growing the plant is legal.
Easton Pharmaceuticals, Inc. EAPH
Continuing our cannabis coverage, we have EAPH, which we first began following on Jan. 8th (At a price of .0041). Like most of the other pot plays, we have been witnesses to extreme gains over the past few weeks as the PPS has grown by leaps and bounds.
At yesterday’s high of .0335, the stock was up a staggering 717% from our initial mention.
Alternative Energy Partners, Inc. TRTC
The preceding two stocks weren’t the only ones to put up impressive performances yesterday. We also had TRTC touch a new high at .809. As one of the plays in this sector that we’ve tracked since 2012, we’ve followed along as it has exploded in 2014, trading up from ten-cent range.
A gain of more than 800% in just over a month’s time is certainly nothing to sneeze at!
Resource Ventures, Inc. REVI
We’re placing REVI on high-alert again today, as this stock which has already done very well for us in the past, could be set to get its next leg-up on the strength of an exciting PR out this morning. A joint venture with a subsidiary of another of our heavy interests, HEMP, is sure to garner some serious attention in a trading community which has become increasingly infatuated with marijuana stocks. Currently a printing and graphics firm, a foray into this new arena could mean future gains for REVI approaching the same magnitude of several of the other pot plays on our radar, so we’ll be tracking this story very closely.
SILVERADO, CA–(Marketwired – Feb 5, 2014) – Resource Ventures, Inc. (PINKSHEETS: REVI) is pleased to announce today that in the interest of the Company’s expansion plans into the medical marijuana and industrial hemp industries, they have secured the consulting services of Hemp, Inc.’s (OTC: HEMP) subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC). >> FULL PR
CBIS, TVIX, NBG, CKSW,