Replies to post #3791 on Cannabis Science Inc (fka CBIS)

[DouglasJH]

I agree that the chart shows a steep slope, but I would not compare MJ stock with CBIS. The ski slope that MJ shows may be the result of lack of a business focus, which seems to change with the seasons....I expect more snow on that slope.

On the other hand, the focus of CBIS has been consistently focused on development of medicine that can affect millions. The recent news about GW Pharm, dispensary acquisitions to fund current operations and generate revenue, leads more to investor confidence that a "product" may be approved that will light this candle.

The rest of this week will be an indicator, imo, of whether we will flounder more, or head north. I do think the pressure is building here at CBIS judging by the increase in volume.

[wplong89]

Alot of the downward slope is the selling of restricted shares to investors in order to combat their burn rate. With the recent acquisitions, they no longer need to raise as much captital from the shareholders and this baby should start an uptrend imo. Let me know if you ever get any 8s and 7s lol.