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Cannabis Sativa Inc (OTCMKTS:CBDS) Stock Falls 15% in a Month: Where is the Bottom?

Pete Matthews , , , ,

Over the course of the past days the Cannabis Sativa Inc (OTCMKTS:CBDS) stock has been trading in a range and when the stock goes through such a phase, it might be the right time for investors to start taking notice.

After all, it might just be a period of consolidation before an upward move. Yesterday, the company was in the news after it announced that launch of its branded magazine known as Cannabis Sativa Magazine. The magazine is going to be available on the company’s website and certainly marks a major milestone for Cannabis Sativa at this point in time.

On Friday, the company did a soft launch of the magazine. The first issue of the Cannabis Sativa Magazine provided a glimpse into what the magazine is going to be. It looks like a source of branded news which provides a lot of information about the cannabis as well as hemp industries.

David Tobias, who is the Chief Executive Officer of the company stated that the addition of the magazine and the domain name cannabissativa.com are effective additions to the portfolio of the company. It now remains to be seen if this development leads to any kind of attention for the stock in the coming days.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.