From the Wires
Elite Traders Group Reports on Three Big Potential Winners in the Medical Marijuana Industry
The Following Is an Investment Opinion Being Issued by the Elite Traders Group LLC
By: Marketwired .
Jan. 2, 2013 10:10 AM
NEW YORK, NY -- (Marketwire) -- 01/02/13 -- Since the Presidential election many marijuana stocks have been steadily climbing. Three companies are positioned and primed to continue this trend. These three companies are MediSwipe Inc. (OTCQB: MWIP), Cannabis Science Inc. (OTCQB: CBIS), and Medbox Inc. (PINKSHEETS: MDBX)
Like it or not, over the past decade 18 states have approved the use of medicinal marijuana. That is over a third of the country. The masses have spoken. Next election season will have even more states on the ballot. It is quickly becoming a preferred alternative to traditional treatments for patients with debilitating diseases like cancer, glaucoma, HIV/AIDS, hepatitis C, Crohn's disease, Parkinson's disease, ALS, or multiple sclerosis.
Colorado and Oregon have even passed laws for recreational use. A similar scenario would be the Netherlands in Europe. A large and organized group in Colorado has pushed for this law based on the opinion that it is considerably less dangerous than alcohol. Many cities across the U.S.A. have jumped on board in states where medicinal marijuana is legal. They have reduced the penalty from a felony to misdemeanor and some have made recreational use also.
The trend is clear. You can choose to sit on the sidelines or read about the following companies and see why we believe in their business model. The medical marijuana industry generated $1.7 billion in revenue nationwide last year, and is expected to grow to $8.9 billion by 2016, according to See Change Consulting Inc. of Olney, Md.
MediSwipe Inc. (OTCQB: MWIP)
MediSwipe, Inc. provides payment processing and financial services to medical businesses. The Company offers a spectrum of transaction processing solutions using traditional, Internet point-of-sale, e-commerce, and mobile (wireless) terminals in conjunction with industry alliance partners. This company has experience in providing payment and financial services for medical marijuana companies and is in a perfect spot to benefit from these new markets.
In addition, MediSwipe Inc. is in the process of spinning off 800Commerce Inc., which engages in the development and distribution of wireless applications through mobile marketing platforms that enable any business to integrate brands, promotions, video, and other digital content through the Internet and mobile devices. All shareholders of MediSwipe Inc. will receive a share dividend with the completion of the spinoff.
This company stands to be the best of the bunch. We believe in this company so much, we actually alerted Mediswipe Inc. to our early alert VIP members on Oct. 12 when it was at .0025/share. It is currently trading at .015, a gain of 500%. To find out more about our VIP early alert service, please visit: http://www.firstpennypicks.com/vip-membership/
Medbox, Inc. (PINKSHEETS: MDBX)
Medbox, Inc. has an amazing 52 week range of .03 to 215.00/share, currently trading around 61.00/share. Medbox offers a dispensary solution for medical marijuana patients much like Redbox offers movie rentals. Medbox recently brought on a Director of Mergers and Acquisitions, so there is no doubt they have something up their sleeve at this point.
Medbox is a leader in the development, sales and service of automated, biometrically controlled dispensing and storage systems for medicine and merchandise. Medbox has offices throughout the world, including New York, Arizona, Connecticut, Massachusetts, Tokyo, London and Toronto, and has their corporate headquarters in Los Angeles.
Medbox provides their patented systems, software and consulting services to pharmacies, dispensaries, urgent care centers, drug rehab clinics, hospitals, prison systems, hospice facilities, and medical groups worldwide (Get Full Analysis for Free) http://www.firstpennypicks.com/get-your-free-research-report/
Cannabis Science Inc. (OTCQB: CBIS)
Cannabis Science Inc. is more involved with scientific aspect in medical marijuana research and development. The Company works with world authorities on phytocannabinoid science targeting critical illnesses, and adheres to scientific methodologies to develop, produce, and commercialize phytocannabinoid-based pharmaceutical products. This industry is just beginning to scratch the surface of the endless possibilities that could come from R & D. Cannabis Science Inc. is on the cutting edge of this research.
We believe that this company will continue to show the gains they have shown since the election. They are up an incredible 50% and moving in the right direction. (Get Full Analysis for Free) http://www.firstpennypicks.com/get-your-free-research-report/
http://www.Firstpennypicks.com was developed as a beacon of hope in the small and Micro-Cap stock newsletter industry. By hand picking our profiles we are able to offer a more interactive and trader friendly service in an industry full of biased advertisers.
For future updates and our weekly feature alerts subscribe free here: http://www.Firstpennypicks.com
READ OUR FULL DISCLAIMER HERE: http://www.firstpennypicks.com/disclaimer/
Latest AJAXWorld RIA Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week