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imshirazy

04/12/11 8:22 PM

#22457 RE: jimbojones #22455

You guys are also forgetting FDA is under severe scrutiny right now and the government plans to cut funding. This puts a damper on most biotech and medical stocks that require approval for growth. Because of that, expect your long terms to be even longer.

Unfortunately too, the prospects on this company are as they were back in November when it first caught my attention...dismal...

CBIS rarely seems to go +/- more than 3 days a row. I'd say tomorrow will be up or even, but of course it's really difficult to predict these penny ones.

I love the concept behind CBIS but until they do some management improvements, I'm treating this like a penny stock and day trading.
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DouglasJH

04/12/11 11:17 PM

#22463 RE: jimbojones #22455

Actually, they are lying through their teeth. They lie because they want to distance themselves from the "war on marijuana" and they want to protect their future profits.

It most certainly does add respectability to MMJ. Its probably safe to say that for MANY individuals, it is cheaper to grow your own, you can still get good medicine that is specific to one's own condition. They lie because they need to.

This is the main goal of CBIS, to standardize strains for certain conditions. All standardized cannabis is, is blended strain or strains to make a uniform formula.

What they still don't get.....and what makes CBIS stand out....is the WHOLE plant is used as medicine, not just parts of it. GW still errs in that direction.