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| PhytoSPHERE, Issues Update on Various Market's Potential |
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 Yesterday's Top Performer |
Company: Medical Marijuana Inc. (Pink Sheets: MJNA)
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End of Day:
Price: 0.103
Change (%): + 0.005 (5.10)
Volume: 3,909,275 |
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Medical Marijuana, Inc. Portfolio Company PhytoSPHERE Systems, LLC Cites Broad Applications of its 2013 Harvest of Uniquely Valuable Hemp Oil
SAN DIEGO, Dec. 12, 2012 /PRNewswire/ -- Medical Marijuana, Inc. (OTC: MJNA), a leading hemp industry innovator, is pleased to update its shareholders on the status of its portfolio company, PhytoSPHERE Systems, LLC and product applications for it's 2013 harvest. PhytoSPHERE is the world's leading cannabinoid based biotechnology company. Its unique self-contained hemp cultivation and hemp oil processing facilities produce superior raw ingredients for neutraceutical markets.
As a result, this season's harvest of hemp oil has, for the first time, put the Company in a position to develop broadly applicable raw ingredients. In addition to providing these raw ingredients to its subsidiaries for their products, the company is preparing to distribute raw ingredients to other manufacturers for a vast array of consumer product applications.
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 Hot Stock to Watch
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Company: Advanced Medical Isotope Corp. (OTCQB: ADMD)
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End of Day:
Price: 0.26
Change (%): + 0.00 (0.00)
Volume: 59,787 |
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Advanced Medical Isotope Forges New Strategic Partnership to Produce Radionuclides in Denver, Colorado
KENNEWICK, Wash., Dec. 11, 2012 (GLOBE NEWSWIRE) - Advanced Medical Isotope Corporation ("AMIC") (OTCBB:ADMD), a company engaged in the production and distribution of medical isotopes, is pleased to announce a recent strategic alliance with Safety by Design, PC, of Colorado, in collaboration with Colorado State University.
The strategic partnership was formed to develop medical isotope products that are in high demand and short supply in the Rocky Mountain Region while developing production processes and procedures to produce isotope products using the 1 megawatt TRIGA Reactor currently operating at the Denver Federal Center. This project site is ideally located geographically, minutes from Denver International Airport and two other General Aviation airports, making the site an optimal location regionally for the production and distribution of short-lived radionuclides.
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Other Small Cap News
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Company: Texas Wyoming Drilling Inc. (OTC: TWDL)
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Texas Wyoming Drilling Inc., a US-based exploration mining company seeks to capitalize on its Blue Jacket Mine Precious Metals Find
LAS VEGAS, Dec. 12, 2012 /PRNewswire/ -- Texas Wyoming Drilling Inc., (OTC: TWDL) a US-based exploration mining company is encouraged at its prospects for capitalizing its precious metal find as recently reported.
The spot price of Platinum and Gold as of 12/11/2012 was listed as 1631oz /1710oz respectively. Based on the fire assay report for the Blue Jacket Mine; dated December 2011, prepared by CSAL Inc. of Prescott AZ, Id # 1211-138278, substantial deposits of both Platinum 2.602 and Gold 0.0121 were discovered. The total amount has yet to be realized. This discovery positions the Blue Jacket Mine as having the potential to be one of only two significant Platinum Mines in the US, as reported in the Mining Weekly.
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Company: Medbox, Inc. (OTC: MDBX)
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Medbox, Inc. Finalizes Manufacturing Plans for 2013 Product Line
HOLLYWOOD, Calif., Dec. 12, 2012 /PRNewswire/ -- Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), announces that their 2013 product line has been finalized and manufacturing agreements have been reached to assure delivery of systems on schedule.
Medbox, Inc, is known for their automated, biometrically controlled dispensing and storage systems for medicine and merchandise. These systems have gained national notoriety lately as the method of choice for dispensing legal medical marijuana in a controlled environment, with the utmost in reporting, transparency and compliance.
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Company: GrowLife, Inc. (OTCBB: PHOT)
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GrowLife Commends Colorado's Signing of Amendment 64, Looks Towards 46 Billion Dollar Opportunity
WOODLAND HILLS, Calif., Dec. 12, 2012 /PRNewswire/ -- GrowLife, Inc. (OTCBB: PHOT), a completely legal provider of highly effective indoor growing technologies to the blossoming marijuana industry, today announced its support for Colorado's official legalization of marijuana for recreational use. After Amendment 64 passed on election-day, Democratic Governor John Hickenlooper has now signed the Executive Order to formalize the amendment as a part of the State Constitution.
The governor's signature makes it legal for citizens 21 years of age or older to possess, grow up to six marijuana plants, and use small amounts of recreational marijuana in their homes. Since buying or selling marijuana will still be illegal, home growing may be one of the only completely legal ways to consume the drug, particularly with the threat of the federal government cracking down on the industry.
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Market News
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By Charles Riley: CNNMoney.com
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China spending on U.S. acquisitions at record high
The local movie theater. The company that made your car's electric battery. The plane you're taking home for the holidays.
All might be owned by China after a banner year for the acquisition of U.S.-based companies by Chinese investors.
The value of these deals, once uncommon, hit a new high this year, according to data from Dealogic. So far in 2012, Chinese investors have spent 10.5 billion dollars acquiring American companies, topping the previous annual record of 8.9 billion dollars in 2007.
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By Fred Barbash: Reuters
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Outlook remains cloudy for "fiscal cliff" deal
WASHINGTON (Reuters) - More public jousting in the "fiscal cliff" talks is expected from Democrats and Republicans on Wednesday in what has become a daily ritual of demanding more specific proposals to avert the steep tax hikes and budget cuts set for the end of the year.
On Tuesday the White House and House of Representatives Speaker John Boehner traded offers still couched in broad and familiar terms that neither side found sufficiently detailed.
Boehner is expected to hold a news conference at 10 a.m.
If the public back and forth between Boehner and President Barack Obama reflects what's happening behind the scenes, negotiations to avoid the cliff have a long way to go in the short time remaining in 2012.
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