Cannabis Science Inc On The Stock Exchange

[morningdewd]

symbol CBIS currently about .06 per share over the counter. can it skyrocket if Cali passes new law . ???

 

[LocalGrowGuy]

Yes, but are you asking for advice on buying/trading/selling penny stocks at a pot website? Do you know how volatile penny stocks are?

If the answer is no, you are at the wrong place. NW says "Because of the high risk associated with penny stocks, NerdWallet does not recommend trading them unless you are a very sophisticated investor. But if you’re set on this strategy, here’s what you need to watch out for when selecting an online broker:"

https://www.nerdwallet.com/blog/investing/the-best-online-brokers-for-penny-stock-trading/

So bet the farm! Put it all on black just like wesley snipes says.

 

[xavier7995]

Kudos to them for putting financial data out there but they look like they are burning through cash at a pretty fast and increasing rate. It's a pharmaceutical company, so burning cash is normal but eh.....i think they would have a severe competitive disadvantage against any major pharm company that enters the market.

Given that they currently in CO and not doing awesome, I don't think they would fare much better in CA if it goes legal. They would have stiffer competition there.

They are a subsidiary of weedmaps...so there's that.