Thursday, October 19, 2017 8:54:50 PM
Ludlow Research, a small cap equity research firm located in New York City, recently issued a note to their subscribers that investors wanting to invest in the marijuana sector may want to sell the growers, dispensaries, and recreational plays, and focus investment capital more in a diversified basket of companies focused strictly on the medical research side due to potential regulatory risks.
For this reason they have initiated coverage on IDVV based on their new management, low public float, and strict focus on non-psychoactive cannabis research for the treatment of a wide variety of illnesses, with a ‘speculative’ short-term target of around $2.00+ per share.
This would place IDVV with similar pure medical marijuana plays such as OWC Pharmaceutical Research Corp (OTC:OWCP) India Globalization Capital, Inc. (NYSE: IGC), Freedom Leaf, Inc. (OTC:FRLF), or Medical Marijuana Inc. (OTC:MJNA) to name a few.
http://www.wallstreetnewscast.com/idvv-1019/
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