MINNEAPOLIS, Feb. 10, 2014 /PRNewswire/ -- Since Last November, when Colorado legalized recreational use of marijuana, the markets and investors have gone become very receptive for any stock purporting to be in the cannabis business. Investors are certain that the legalization of marijuana and hemp will spread nationwide and create a huge market. They are right. Thus far we have seen investors scooping up penny and sub penny stocks at what they believe are bargain prices, as long as they are in the marijuana business. But ask yourself investor; what does it mean to be in the marijuana business? Recently a public company issued a press release stating they were entering the cannabis market space. They had never done anything close to the marijuana business before, yet investors began buying shares with a fury. This scenario is being played out all over the OTC markets as companies attempt to capitalize on legal cannabis fever. There are some companies in the cannabis space that are legitimate and worthy of investment. Investors are encouraged to at least do a cursory vetting of the stocks they invest in to know if they are legitimate or not
Investors need to recognize the difference between value and hype. The current marijuana market, when viewed in the future, will look like the alcohol market after prohibition in the 1930's, plastics in the 1960's, the tech market of the 1990's or the biotech market of the 2000's. It will be that significant. Some firms will grow and become significant players in the marijuana market, being traded on the big boards. Some will turn out to be a house of cards.
Certain fundamentals apply to all stocks, even the ones in development stage. Are they current with their financial reporting and in good standing with the markets? Look at their market capitalization, assets, revenues (if any) and more importantly their cash position or ability to generate enough cash to survive the development process.
Extreme Biodiesel, Inc. (OTC: XTRM) is an alternative fuel and recycling company. Their mission is to provide a cost-effective, high-quality alternative diesel fuel, create "green" jobs, reduce the environmental impact of fossil fuels and diminish US reliance on foreign oil. Extreme Biodiesel is currently repositioning itself into a holdings corporation with focuses on Bio Diesel, Real Estate, Technology and Cannabis Sectors.
HPC POS System, Corp. (OTC: HPCS) is a health company specializing in advances in Supplements for Health, and Anti-Aging announced last week that they are entering into the medical Marijuana and Hemp space to cover all sectors of the marketplace via a new holding company being created called Cannabis Health Group. This will include the development of edibles, ecommerce, cosmetics and software via their delivery systems and the engagement of knowledgeable Technical Scientists in this venue.
U.S. Energy Initiatives Corporation (OTC: USEI) is an energy firm that started in 1996 and has had a long business history of developing its business strategies. Management's new goal is to develop its old and new technologies and to build a dynamic and diverse firm. Energy Initiatives will center on the bio-fuels, Medical Marijuana and Hemp for developing products and services. The goal is to become an environmentally responsible firm, marketing our products to a worldwide audience to produce significant revenue and add value for our shareholders.
Our analyst will take a deeper look at the stocks mentioned above that have recently announced their entrance into the marijuana marketplace. The full report can be viewed by using the following link: http://bit.ly/AnalystReportMarijuanaNewComers copy and paste to browser may be required
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