CORAL GABLES, FL / ACCESSWIRE / June 22, 2015 / Cannabis stocks (also referred to as marijuana stocks) taken a much larger captive audience in 2015. From a CNN weekly series to new states legalizing or decriminalizing the drug, this is quickly becoming America’s newest "cash crop." From an investment standpoint, some conservatives are still hesitant to become fully immersed as federal regulations as well as many state restrictions still exist. However, for those who dare to brave the "new terrain" of this market, the volatility has shown to result in big swings in price. FBEC Worldwide (FBEC), MaryJane Group (MJMJ), and SUTIMCo International, Inc. (SUTI) have all begun to see a reaction in the market to their respective corporate developments with many of these marijuana stocks seeing new highs and increased volume week after week.
FBEC Worldwide (FBEC) offers a signature H.E.M.P infused energy shot. Through a proprietary blend of ingredients, the Company is working to carve out a foothold in the marijuana and beverage space. Earlier this month FBEC announced that it has entered into a definitive agreement with nutraceutical manufacturing company J&D Labs. J&D has more than 25 years of experience in manufacturing including pharmaceutical manufacturing, contract manufacturing, and new product development. Robert Sand, Chairman and CEO of FBEC Worldwide, Inc. stated in a recent PR, "On a regular basis, we, along with leading researchers around the world, regularly uncover additional uses and benefits of hemp as a supplement and additive. In some cases, hemp can service high-volume markets we believe to be natural fits for hemp-based additives and supplements we will formulate and then manufacture at J&D Labs."
Over the course of just a few months, share prices of FBEC have jumped from as low as $0.004 to as high as $0.12.
MaryJane Group has also garnered much more attention in the marijuana industry for launching the first cannabis resort in Colorado, which is slated to open in July. MaryJane also runs a Bud and Breakfast, coined by the Company as the preeminent hospitality group in the canna-lifestyle hospitality sector. Since making the announcement, shares of MaryJane have jumped from lows of $0.0013 to highs of $0.0137. However, since hitting those highs, the stock has pulled back by as much as 83% after hitting lows of $0.0022 last week.
