Tag: RFMK

Blue Horseshoe Stocks: HUGE News in the Marijuana Industry

Medical/Legal Marijuana Sector Set to Explode

If that headline seems a little sensationalistic, that’s because something sensational has happened! Many of you will recall our continuous coverage of marijuana-related stocks beginning last year, as Washington and Colorado were getting ready to vote on becoming the first states to end more than seven decades of marijuana prohibition. The prospect of companies legally being able to cash in on what is most assuredly a multi-billion dollar industry just waiting to be unlocked, was and still is, quite exciting.

We rode several hemp stocks (which we’ll mention below) to astonishing gains, and have been continuously tracking the landscape of this burgeoning market sector ever since. Even with such progress being made in legislation, as well as a positive general shift in public opinion on the subject, we still had to temper our enthusiasm. The federal government had not yet taken an official position on the issue of whether or not it would intervene in the rights of individual states to grant their citizens access to legal marijuana. And so the nation, including several other states with legalization ambitions of their own, waited for news of their ultimate fate.

Then yesterday came… In the future, Thursday, August 29th, 2013, could very well be viewed as a turning point in the fight against marijuana prohibition. The US Department of Justice finally announced their official position: The federal government WILL NOT interfere with individual states who wish to legalize, regulate, and tax marijuana for both medical and personal recreational use. The door to a pot industry boom has just been unlocked, and left wide open.

In the wake of this historic event, we thought there would be no better time to remind our readers that this was one of the main reasons we’ve been so “high” on marijuana stocks for over a year now. It is rare to witness the birth of an entire industry, and yet it seems this baby has finally arrived! Check out the enormous list of related stocks below that have appeared in previous reports (I, II, III, IV) and be sure to keep them on your radars moving forward, as a world of possibilities (without fear of federal reprisal) has just opened up for the entire sector.

HEMP, PHOT, MJNA, CBIS, RFMK, ERBB, GRNH, MDBX, MWIP, TRTC, RIGH, EXMT, EDXC, SKTO, FSPM, NRBT, GTLA, GWPRF, HESG, PARS, SRER, SFIO, XCHC & NVLX.

We’ll also be on the lookout for new marijuana related stocks, which are likely to start sprouting up like weeds now that the federal green light has been given. More on the subject is sure to come, so stay tuned to our daily reports, and good luck out there!

STKO, PNCH & Extended Watchlist

SK3 Group, Inc. SKTO

SKTO dropped news regarding the acquisition of a cannabis-related company, sending the stock on a ride yesterday of over 480%

According to the release, SKTO added a significant amount to its bottom line, as the acquisition target is a company with  more than 12M dollars in licensing agreements.

With this new development, SKTO has effectively placed itself in the list of marijuana stocks that we’ve been monitoring for several months. We have been essentially scanning the entire sector continuously during that time, which has yielded us some sizable profits so far.

In case you might have missed a few here and there, this is a rundown of every single cannabis stock we’ve looked at recently:  PHOT, MJNA, CBIS, RFMK, ERBB, GRNH, MDBX, MWIP, TRTC, EXMT, EDXC. In addition to STKO, here are some other new stocks in the field that have caught our attention: FSPM, NRBT, GTLA, GWPRF, HESG, PARS, SRER, SFIO, NVLX.

MIAMI, FL, Mar 11, 2013 (MARKETWIRE via COMTEX) — SK3 Group, Inc. (OTC Pink: SKTO) today announces that it has acquired Medical Greens (TM) and has changed its business model to focus purely in the medical marijuana space. Medical Greens (TM) currently provides licensing, management, and logistic services for Medical Marijuana collectives throughout California. In 2013 alone, Medical Greens (TM) has already contracted over $12.5 Million in licensing and service agreements.

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IC Punch Media, Inc. PNCH

PNCH (formerly ICPA) has been a focus of ours a few times on the years past, and has brought us huge percentage gains. The first run we ever observed from this play took it from triple-zero country all the way up over a nickel, so we are well aware of its track record for explosive gains.

Yesterday PNCH once again triggered our scanners as it broke a key resistance point at .005, an area on the chart that it has been struggling to surpass since November.  Up until that time, .005 had acted as support, and we’ve been waiting for a move back above it, and now that it has, we’d like to see that once again become the support level for the stock.

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Extended Watchlist:
FRTD, MDIN, CLNO, PPHM, GNIN, CLSN, ECTE, GLUU

Medical Marijuana Round-Up: Part Three

Medical Marijuana Round-Up: Part Three

Election Day has come and gone, and as we suspected, medical marijuana passed in certain states. While still against federal law, this was big step for the medical marijuana movement, and related stocks that we have reported on in the recent past. We were one of the first to the party in discussing the potential of these stocks as desicion 2012 drew near, and now of course, we see several other groups jumping on the bandwagon. Simply check out the dates on our previous reportsto see that this is, in fact, the case.The following is a list of medical marijuana plays that we’ve continuously monitored, and will continue to do so as we see how the successful push for legalization in some states affects their futures.

These are all stocks that have brought us sizable gains already, but with this new development, things could get really exciting as a result. We wouldn’t be surprised to see another wave of new interest in these and other related stocks.

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Medical Marijuana, Inc. MJNA

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Hemp, Inc. HEMP

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GreenGro Technologies, Inc. GRNH

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Cannabis Science, Inc. CBIS

____Here are several more related plays that we’ve dug up to give you as much of a variety as possible.

 ERBB, FSPM, GTLA,MDBX, MWIP, PARS, PHOT, RFMK, RIGH, SFIO, SRER, TRTC

____Extended Watchlist:
STLK, CGRA, ACGX, VLNX, CGUD