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Blue Horseshoe: Even More New Cannabis Stocks

Before we get started this morning, we’d like to welcome our newest readers. If you’re just joining us, you’ve missed an awful lot, as the gains we’ve seen in 2014 have already wowed us beyond belief, but not to worry- We intend to keep this freight train moving full speed ahead! We’ll continue to work hard at bringing you advance warning on chances for rapid-strike profits, from sub-pennies to big boards, options trading and more! Without further ado, let’s jump into a brand new week of action.

United Treatment Centers, Inc. UTRM

We hope that everyone has UTRM on their radar this morning. It is a play with impressive momentum that we caught off of our scanner on Friday.

After opening at .0045, UTRM shot up to .0082 (+82%). It dipped back to .0067 in the afternoon, before making another push to a new high of .0088 (+31%), bringing cumulative intraday gains to 113% The overall move from the low to the high was 96%

UTRM traded over a billion shares last week, and appears to be gapping up past Friday’s resistance at .0089. so we wouldn’t be surprised to see that momentum carry over into this week. We are placing UTRM on high alert for that reason, as well as its entry into the pot sector.

Per a recent PR, UTRM has a new marijuana-related website coming out on the 28th, so we’ll be waiting to take a look at the finished product.

Newcomers to the Marijuana Sector

Due to the extreme gains we’ve seen from so many companies that have chosen to take advantage of recent hysterical trend toward everything cannabis, we have another couple stocks to throw into the mix.

G&S Minerals, Inc. GSML

GSML recently filed a statement of conversion with the Colorado Secretary of State, noting its intent to change its name to Cannabis Holdings, Inc. effective April 1st.

We are going to want to tack this symbol onto our marijuana stock watchlist as GSML attempts to make the transition into the pot sector. We’ll also we on the lookout for further updates regarding the specific direction the company takes.

Supreme Pharmaceuticals, Inc. SPRWF

SPRWF woke up from the dead on news that it too would pursue a place in the medical marijuana arena. Friday the stock shot up significantly, and looks like it wants to gap up again this morning.

Chasing runners of this magnitude can be a risky prospect, so remember, the eventual pullback that is bound to happen at some point, will often give rise to one or more substantial bounce opportunities.

CALGARY, ALBERTA, Mar 24, 2014 (Marketwired via COMTEX) — Supreme Pharmaceuticals Inc. (the “Company”) (TSX VENTURE: SL)(OTCBB: SPRWF) is pleased to announce that the Company has signed a conditional agreement with an arms-length South Okanagan-based company, whereby the Company has the option to purchase its producing medical marijuana business for up to twelve months for the sum of $1,000,000, payable in cash and shares, subject to regulatory approval. The Company is currently in a 10-business day due diligence period and if satisfied, Supreme will make a $100,000 option payment.

Side Notes:
Plays that did well last week that we want to continue to monitor: MNGA, and PBR (May $12 Calls)

Extended Watchlist:
ORFG, ICLD, IDN, HEB, CAMT, PAL, CREG, UBIC

Blue Horseshoe Stocks: PIHN, NGMC, MLCG

Polaris International Holdings, Inc. PIHN

We tagged PIHN in yesterday morning’s extended watchlist, with no idea that the stock would become the latest in a long line of companies that are jumping into the medical marijuana business.

Now, all of the sudden, a seemingly random stock that traded from .012-.0169 (+41%) yesterday, is now grabbing our attention for another reason.

If any of the other plays that we’ve seen take off on cannabis-related news are any indicator, the gain opportunities could continue to roll in. A predictable scenario could include the stock running off of this morning’s PR, pulling back as folks reap their profits, and following that with a subsequent bounce. A classic dip-and-rip would certainly not be out of the ordinary under these conditions, so we’ll want to continue to monitor PIHN as we cruise through mid-week.

PLANO, TX–(Marketwired – Mar 19, 2014) – Polaris International Holdings, Inc. (PINKSHEETS: PIHN) (OTC Pink: PIHN) is pleased to announce they have entered into an exclusive agreement with Longevity Holdings, LLC for the ProCannas® product line. The agreement grants the sole rights to sell, distribute and market the provisional patent-pending formulation of Longevity Holding, LLC cannabis oil. >>> FULL PR

Next Generation Energy Corp. NGMC

NMGC is another cannabis play with fresh news out today that we want to throw into the mix. The company has the intention to partner with an already-existing chain of marijuana dispensaries.

FAIRFAX, Va., March 19, 2014 /PRNewswire via COMTEX/ — Next Generation Energy Corp. (OTCQB:NGMC) announced today its major advancement into the Medical Marijuana industry. Darryl Reed, CEO of NGMC, said the Company’s wholly owned subsidiary, NextGen Cannabis Consulting LLC, has entered into a LOI with Highway 2 Health, Inc. (H2H). H2H currently owns and operates three dispensaries in the greater Los Angeles area and has extensive experience in the Medical Marijuana industry. >> FULL PR

ML Captial Group, Inc. MLCG

MLCG was another play from yesterday’s report to fare well off of some pot-related press, trading in a range from .0544-.074, an intraday move of 36%

Extended Watchlist:
AMZG, PLUG, WPCS, IDN, PSUN, IDRA, HTM, HZNP

DEWM, FITX, LATF, AFAI, NYBD & Extended Watchlist

Dewmar International BMC, Inc. DEWM
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We brought DEWM to folks’ attention in yesterday’s morning report, and as you can see from the following intraday chart, the stock did offer up gain opportunities despite ultimately closing down on the day. After opening at .0054, the stock promptly ran 20% to as high .0065. Following a consolidation to a low of .0037 shortly after 2PM, the stock made another bounce to .0046, a 24% move.

We want to keep this one on our radar moving forward, after seeing a PR released this morning alluding to a partnership with Hemp, Inc.(HEMP) much like the one that catapulted REVI to stellar gains last week.

LAS VEGAS, NV–(Marketwired – Feb 11, 2014) – Dewmar International BMC, Inc. (OTCQB: DEWM) (OTCBB: DEWM) (“Dewmar” or “Company”) announced today that in the interest of the Company’s major expansion plans into the industrial hemp and medical marijuana industries, the Company has secured a co-branding and professional consulting services agreement with The Industrial Hemp and Medical Marijuana Consulting Company, Inc., a wholly-owned subsidiary of Hemp, Inc. (OTC Pink: HEMP). >> FULL PR

Trending Pot Stocks

Several of our tracked cannabis plays started off the week by pulling back from recent highs, but others still made headway, including the following:

Creative Edge Nutrition, Inc. FITX

We continued to talk about FITX in yesterday’s newsletter, and the stock followed up with a nice performance. After touching a low of .084, the stock quickly ran as high as .112, affording opportunistic traders a chance at gains of up to 33%

We’ll continue to monitor the situation as the attention the company is getting is becoming more wide-spread:

CEN Biotech Inc. (FITX) makes Headlines on National News Outlets (Tue 8:22AM EST)

Latteno Food Corp. LATF

LATF made a nice intraday move as well, trading in a range from .007 to .01. That marks a gain of 43% following yesterday’s PR:

Latteno’s Wholly-Owned Subsidiary Valley Organics Introduces New Medical Marijuana Product-NullFlam (Mon, Feb 10)

Alternative Fuels America, Inc. AFAI

AFAI is a new cannabis-related play that we’d like to include this morning. It’s another stock with untraded-upon news to consider:

AFAI’s Marijuana Holdings Americas Enters Oregon For First Licensed Medical Marijuana Retail, Grow Facilities (Tue 8:35AM EST)

NYBD Holding, Inc. NYBD

NYBD is a play we’d like to radar this morning, following an impressive display yesterday as it gained a head of steam. The stock ended up with a gain of 50% over the previous session’s close, and did so on extreme high volume to the tune of more than 10x its 3-month running average.

We’ll be watching closely this morning to determine if yesterday’s momentum will carry over. NYBD has a recent history of rapid gains, as it ran from subpenny to more than .016 this past fall.

Extended Watchlist:
CRWE, S, HNSN, INO, IDN, RNA,