Cannabis Science Inc (fka CBIS)

[studentsc]

So yes I know beta here is high.
Beta is calculated using regression analysis, and you can think of beta as the tendency of a security's returns to respond to swings in the market. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market. For example, if a stock's beta is 1.2, it's theoretically 20% more volatile than the market.
This is a stock that has heavy swings and just because the beta is high does not mean it is a bad play. Regarding comments about Federal law remember CBIS works with The U.S. and Canadian Government. So comments about federal law here are a mute point!