{"id":901,"date":"2013-01-04T09:25:00","date_gmt":"2013-01-04T09:25:00","guid":{"rendered":"\/?p=901"},"modified":"2013-03-25T20:44:52","modified_gmt":"2013-03-25T20:44:52","slug":"cannabis-science-inc-pinkcbis-fails-to-take-off","status":"publish","type":"post","link":"\/articles\/cannabis-science-inc-pinkcbis-fails-to-take-off\/","title":{"rendered":"Cannabis Science, Inc. (PINK:CBIS) Fails to Take Off"},"content":{"rendered":"

\"77CBIS_chart.png\"Cannabis stocks have collectively cooled down after the hype around their product peaked. Some however are holding better than others. Cannabis Science, Inc. (PINK:CBIS<\/a>) almost looked like it could have another short two or three day run but it ground to a halt. Yesterday CBIS<\/a> closed 4% down at $0.05 per share. <\/p>\n

The company has long slipped out of its euphoric heights around the date of the U.S. presidential election and now wobbles along a diminishing amplitude curve. On the first day of trading for 2013, CBIS<\/a> jumped up 13% in what could have been another short run of profit but it was not to be. Yesterday the stock plopped back down on a larger share volume.<\/p>\n

There is little about CBIS<\/a> that could excite investor interest apart from the mere claim that the company operates in the hemp business. The latest official financial statement available from CBIS<\/a> is dated September 2012 and even that contains the following enthusiasm-deflating figures:<\/p>\n