source: SmallCap Network, By Peter Graham
Last week, CannaBusiness Group, Inc (CBGI) and Petrotech Oil & Gas Inc (PTOG) became the latest small cap stocks to try and cash in on the growing marijuana industry.
More and more small cap stocks say they are venturing into the marijuana sector with CannaBusiness Group, Inc (OTCMKTS: CBGI) and Petrotech Oil & Gas Inc (OTCMKTS: PTOG) being the latest to announce their plans to cash in on the hype. But do either of these new small cap marijuana stocks have what it takes to succeed or are they just aiming for a quick high from all the hype? Here is a quick reality check:
CannaBusiness Group, Inc (OTCMKTS: CBGI) Aims to Provide Real Estate for the Marijuana Industry
Small cap CannaBusiness Group is a strategic real estate acquisition, leasing and management firm whose primary focus is on zoning issues. The company acquires commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial and Retail, whether small or large scale clients. On Friday, CannaBusiness Group sank 29.08% to $0.0178 for a market cap of $18,500 plus CBGI is up 17,700% over the past year and up 78% over the past five years according to Google Finance.
Full article: http://www.smallcapnetwork.com/Two-More-Small-Cap-Stocks-Enter-the-Marijuana-Industry-CBGI-PTOG/s/via/21051/article/view/p/mid/1/id/303/