While most investors suffered a blue Monday on Wall Street, investors with holdings in marijuana companies were rolling in green.
Shares in GreenGro Technologies (PINK: GNRH) were up 93 percent; Hemp, Inc. (PINK:HEMP) shares were up 80 percent; Cannabis Science, Inc. (PINK:CBIS) stock was up 34 percent; and Medical Marijuana, Inc. (PINK:MJNA) shares were up 40 percent.
The Las Vegas-based Hemp, Inc. states it explores "the potential worldwide benefits that may be derived from the myriad of uses for industrial hemp and recognizing the profits that could be made in making the world a better place."
"Recent activity in the markets has pushed the industrial hemp and medical marijuana sectors to new heights, setting a record volume of Hemp, Inc.'s traded shares of 70,226,200 this past week," the company said earlier Monday. "Hemp, Inc., the industry leader that led the last growth curve back in 2009 with a 480 percent increase, is, again, leading the industry in 2013 as its CEO, Bruce Perlowin, predicted."
Meanwhile, the Nasdaq Index fell 1.51 percent Monday, the S&P 500 was 1.15 percent lower and the Dow Jones Industrial Average slipped by slightly less than one percent.
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