Tag: FSPM

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!

FSPM, EXMT & Extended Watchlist

Good Morning Traders! First thing’s first today, before we wrap up this short trading week- while we accept and celebrate people of all beliefs, races, and cultures, today we’d like to address our Christian and Jewish friends by wishing you all a Happy Easter, and Happy Passover!  We hope everyone has a safe and enjoyable long weekend, however you chose to spend it.

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This morning, we are turning our focus back to our favorite market sector at present: Legal and Medical Marijuana. But before we bring you two brand new symbols that fall under that designation, take a minute to read through some of our past reports on the topic, that have been met with humongous profits, and a lot of happy readers!

Cannabis Sector Reports: Vol.I, Vol.II, Vol.III, Vol.IV

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Fusion Pharm, Inc. FSPM

The first of our two new cannabis plays, FSPM is located in Colorado, one of the two states to pass measures legalizing marijuana for personal, non-medical use this past fall. The company licenses and distributes hydroponic growing systems.

Yesterday the company released a PR outlining an intended partnership with a popular local marijuana dispensary which intends to use FSPM’s technology to grow all of their product from now on.

DENVER, March 27, 2013 /PRNewswire via COMTEX/ — Meadpoint Venture Partners, Inc., the exclusive licensee and distributor of FusionPharm’s (OTC Pink: FSPM) patent pending PharmPods(TM) High Intensity container based hydroponic cultivation system (www.pharmpods.com), today announced that it has entered into an LOI with GroundSwell Cannabis Boutique (www.groundswelldenver.com), Denver’s premier medical cannabis dispensary and infused products provider. GroundSwell is currently utilizing the PharmPod H.I. containers and plans to exclusively utilize the superior cultivation technology in all of its future expansion.

Click to listen to an interview with the CEO of FSPM

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Anything Technologies Media Inc. EXMT

The other stock that we are introducing to our cannabis stock watchlist today is EXMT. Merely by coincidence, this company is also in the business of self-contained hydro-based growing systems for marijuana. This company isn’t as far along into the product offering as the above mentioned play, with yesterday’s press release outlining a target for sales to begin some time this summer. So we will be putting EXMT on our radar over the next few months as they make their way to the launch date.

FOLSOM, CA, March 27, 2013 /PRNewswire/ – Anything Technologies Media, Inc. (Pink Sheets: EXMT) today announced that Whole Earth Systems, a 51% owned Joint Venture of the Company, will launch the industry’s first fully integrated and self-contained mass produced “Aquaponic” hydro garden for commercial and home medical marijuana cultivation.  The system should be available for sale to the public this summer.

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Extended Watchlist:
GESI, IDGC, ECUI, SAPX, APPA, CTIC

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