New York -- Cannabis Science Inc. (OTCQB: CBIS), a medical marijuana company, is seeing a sharp correction in mid-day trading today following last week’s rally. Despite the sharp fall today, CBIS is still up more than 52% in the last five trading sessions due to last week’s rally. The stock had rallied last on the back of some positive developments. CBIS surged after voters in Colorado and Washington approved measures allowing adults to use marijuana for any purpose. The stock extended its gains after the company provided guidance on its preclinical initiative and also provided an update on recent corporate developments.
Get the latest full trend analysis report on CBIS here: http://www.wallstreetreport.net/market-scan/?symbol=CBIS
Ludwig Enterprises Inc. (PINKSHEETS: LUDG) is amongst the major gainers on the OTC market in mid-day trading today. LUDG had a strong run last week as well and is extending its gains from last week in trading today. The stock has gained more than 65% in the last five trading sessions and the technical indicators for LUDG suggest that the rally will continue. The stock crossed its 50-day moving average in trading today, which is a strong bullish signal. LUDG, which operates as a radio broadcasting company in the U.S., is surging today after it announced that it’s The One™ radio will add applications targeting 6 million ethnic business professionals.
Find out what could be the next move for LUDG and could the stock maintain its momentum by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=LUDG
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