CNAB appears to be under 3 yrs old... in fact, it started trading early 2014, which makes this a growing baby in the MJ industry.
Flirting with the 200 MA, it has not enjoyed a huge run yet. 2016 is a year where a lot of states will be voting on legalizing marijuana. So this might be a gold mine waiting to happen. Being a big election year this will explode soon.
Depending, imo, whether this can hit at least 2.00+ by election day, this could be the proverbial 10xs++ rocketship that could make a lot of people rejoice with wealth.
Looking at the charts, one can almost see the breakout that is occuring in the early stages as it flirted with the 200MA in the past but never realized the BOOM effect...
You can compare this with CANN on it's trend upward and see the similarities in the MJ market. The upward trend is just forming and a great time to get in and hold. Should it continue for the next 3 weeks, it is going to be something short of incredible in the heights that we will see.
Another thing is, the O/S is much smaller than others which makes this more volitile.
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