Cannabis Sector Builds Toward US Election Day 2016 PPS Rally
 
CBIS USMJ and PURA Poised To Deliver Dot Com Era Performance
 
See Review and Outlook For CBIS USMJ and PURA
 
New York, NY – October 19, 2016 – Wall Street Corner Report
 
State legalization is reaching critical mass and this November, five more states (California, Arizona, Maine, Massachusetts, and Nevada) have recreational marijuana on the ballot and three more states (Florida, Arkansas, and North Dakota) have medical marijuana on the ballot. 
 
California alone could be a massive boon for cannabis sector companies. Polling by UC Berkeley recently showed near two-to-one (2:1) support in the state of California for Proposition 64 passing.  California is the most populous state in the US and has the world's sixth-largest economy with a gross domestic product of about $2.5 trillion.
 
On September 8, 2016, right after Labor Day weekend, Wall Street Corner Report published a report surveying the entire cannabis sector and indicating our belief that the sector was ripe for a news triggered rally.  The coming US Election Day 2016 on November 8th looks like it could be that trigger.  And we don’t seem to be the only ones that think so.
 

The Marijuana Index
(www.marijuanaindex.com)

 

 
TOP SECTOR PERFORMERS POISED TO BENEFIT FROM CALIFORNIA PROP 64
 
The sector overall is picking up volume and seeing higher share prices.  Two of our favorites have been leading the sector in recent weeks.  Puration, Inc. (PURA) is up over 100% in the last month to $0.01 on healthy and higher than average trading volume.  North American Cannabis Holdings, Inc. (USMJ) is up over 500% to $0.0005 with trading volume measured in number of shares and number of dollars both within the top 1% of all OTC Market quoted companies.  Cannabis Science, Inc. (CBIS) is another top sector performer up 100% to $0.05 on high volume trading.  CBIS is headquartered in California and USMJ and PURA have just announced opening offices in California in anticipation of Prop 64 passing.
 
USMJ OUTLOOK
 
USMJ is triple zero priced stock but the only one of the three mentioned here with revenue at this time.  The Company just reported 23% annual growth to over $500,000 in annual sales.  USMJ has also announced a shareholder of record date for a dividend set for this Friday, October 21, 2016.  USMJ’s business stands to benefit tremendously from legalization in California.  As a triple zero priced stock, USMJ could deliver near term ROI reaching of 2000% with the PPS reaching $0.01.
 
PURA OUTLOOK
 
PURA is a low priced stock at only $0.01 today.  The Company has a low float with less than 100 million issued and out.  The PURA business also stands to benefit tremendously from legalization in California.  We believe the PURA PPS could reasonably go north of $0.10, and potentially even higher delivering over a 1000% ROI.
 
CBIS OUTLOOK
 
CBIS is a fully reporting company with audited financials but still pre revenue today.  Any advance announced in the ongoing development of the Company’s intellectual property surrounding the treatment of neurobehavioral disorders is likely to send the PPS higher.  A revenue contract could send CBIS share prices into the dollars.
 
Wall Street Corner Report is the premier discovery site for promising, yet undiscovered small and micro-cap stocks featuring opportunities in an ethical, professional, and responsible manner. We're not fiendishly 'short' sighted nor are we here to dream the impossibly 'long' dream.  We take a practical view on the big ideas of well-intentioned management and look to profit on each reasonably achievable step the well intentioned mangers take toward their big ideas.
 
http://www.wallstreetcornerreport.com/
 
https://twitter.com/WallStCornerRpt
 
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
 
Jack Taylor
info@wallstreetcornerreport.com
 
 

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