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Micro-Caps on the Move; Cannabis Science Inc. (CBIS), Hemp Inc. (HEMP), Titan Pharmaceuticals Inc. (TTNP)

Shares of Cannabis Science Inc. (PINK: CBIS), a medical marijuana company, are soaring in trading today. At last check, CBIS shares were trading 20.93% higher at $0.0699 on above average volume of 22.96 million. The stock has gained more than 43% in the last three trading sessions.

CBIS shares are gaining after the company announced its corporate operational guidance for 2013. The company said that it plans to bring to market innovative, cannabinoid-based, life-saving, anti-cancer drugs. CBIS said that it has made investments in preclinical new drug development, and corporate appointments on executive, legal, policy, and scientific levels in order to successfully execute its strategic plan.

Shares of Hemp Inc. (PINK: HEMP), a company focused on supplying services, products and information related to the medical marijuana industry, are seeing a huge rally in trading today. At last check, HEMP shares were trading 40.30% higher at $0.0470 on above average volume of 15.48 million. The stock hit an intra-day high of $0.05 in trading today. HEMP shares have gained more than 66% in the last three trading sessions.

HEMP shares have been soaring after the company this week said that its CEO Bruce Perlowin has his finger on the pulse of the medical marijuana and industrial hemp industry.

Shares of Titan Pharmaceuticals Inc. (OTC: TTNP), a biopharmaceutical company engaged in the development of proprietary therapeutics primarily for the treatment of central nervous system disorders in the U.S., are climbing in trading today.

At last check, TTNP shares were trading 5.24% higher at $2.21 on above average volume of 624,445. The stock hit a 52-week high of $2.22 earlier today. TTNP shares have gained nearly 20% in the last three trading sessions.


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